Business

September 8, 2010

09:57
Talbots returned to a profit in the latest quarter as margins grew, but a decline in sales surprised investors.
Categories: Business
09:51
GlaxoSmithKline chose Simon Dingemans, a Goldman Sachs M&A specialist, to be its next chief financial officer.
Categories: Business
09:20
ArcelorMittal and BHP terminated talks to jointly develop their iron-ore projects in Guinea and Liberia
Categories: Business
09:10
Airgas rejected the latest takeover offer from Air Products & Chemicals, saying the $5.48 billion bid continues to undervalue the company.
Categories: Business
08:54
Vodafone's $6.65 billion sale of its stake in China Mobile highlights the challenges faced by foreign carriers looking to link up with Chinese telecoms.
Categories: Business
08:22
Roche is increasing its investments in China to accommodate the country's growing health-care needs, its chief executive said.
Categories: Business
06:51
BP's internal investigation into the explosion of the Deepwater Horizon drilling rig found that the British oil giant bears some responsibility for the disaster but laid most of the blame on its contractors.
Categories: Business
06:46
Navistar International swung to a fiscal third-quarter profit that handily topped analysts' estimates as sales rebounded and margins widened sharply.
Categories: Business
06:44
Smithfield Foods rebounded from a prior-year loss in its fiscal first quarter that was caused by industrywide weak demand.
Categories: Business
06:31
Two of the U.K.'s largest public-sector unions have pledged to join forces to oppose Prime Minister Cameron's austerity plans.
Categories: Business
05:45
The Indian unit of German luxury car maker Daimler said car sales in August more than doubled, driven by the introduction of the new E-Class and C-Class sedans.
Categories: Business
05:24
An Indian court said tax officials can ask Vodafone to pay taxes on its purchase of one of the country's largest cellular companies, a decision that could cost Vodafone $2.6 billion.
Categories: Business
04:28
Martin Sullivan, the former CEO of AIG, has been hired by Willis Group to be its deputy chairman and to build a new global unit.
Categories: Business
04:12
Dana Petroleum said that a hostile $2.87 billion bid by Korea National Oil Corp. significantly undervalues the company.
Categories: Business
04:06
Watchmaker and jeweler Richemont raised its forecast for the current year after trumping expectations with a strong rise in interim sales.
Categories: Business
02:14
GIC, Singapore's sovereign-wealth fund, is in advanced talks to buy a roughly 15% stake in Banco BTG Pactual, one of Brazil's top investment banks, for about $2.4 billion.
Categories: Business
00:09
South Korea named three firms to manage the sale of its 57% stake in Woori Finance, valued at $5.09 billion, in a move to push forward the privatization of the country's largest financial holding company.
Categories: Business

September 7, 2010

22:44
BP's report on its investigation into the Deepwater Horizon disaster will apportion some of the blame to itself but also hold other companies responsible for the various decisions that led to the explosion.
Categories: Business
22:13
As food and consumer-goods companies face problems obtaining the key ingredient palm oil without damaging the environment, Unilever is betting on a promising low-life alternative: algae.
Categories: Business
20:48
For American business, it's a two track economy, with global players getting big boosts from fast-growing foreign markets, while companies focused on the U.S. are hemmed in by recession-scarred consumers.
Categories: Business