BP pledges to boost Indonesia investment by $10b
2011-05-30 15:56:20
British energy giant British Petroleum (BP) has committed to raise investment in Indonesia by more than $10 billion over the next 10 years, particularly in the massive Tangguh gas project in Papua and coal-bed methane in Kalimantan, a local media reported on Monday.
Domestic sale of Samsung's Galaxy S2 tops 1m
2011-05-30 15:54:22
Samsung Electronics, the world's second-largest mobile phone maker, said Monday it sold more than 1 million units of Galaxy S2 smartphone to South Korean mobile carriers.
Australian business pushes for low carbon price
2011-05-30 15:30:51
Australia's biggest industry groups urged the government to set a starting price at A$10 a ton for carbon emissions when a planned carbon tax launches in mid 2012, at least half the recommendation of the government's top climate adviser.
Volvo Cars to hire 600 new workers
2011-05-27 22:59:15
Geely Holding Group's Swedish unit Volvo Cars says it is going to hire 600 workers at its plants in Sweden and Belgium.
Eurozone economic confidence drops in May
2011-05-27 20:10:32
Economic confidence in the eurozone dropped slightly in May while remained broadly unchanged in the 27-member European Union (EU).
G8 says world economy strengthening
2011-05-27 16:25:34
The Group of Eight leaders agreed on Friday that the global economy recovery was becoming more "self-sustained".
EBay, PayPal sue Google over trade secrets
2011-05-27 09:40:12
EBay and its online payment unit PayPal Inc on Thursday filed suit against Google Inc and two executives for trade secret misappropriation related to mobile payment systems.
Venezuela to launch 2nd Chinese-made satellite
2011-05-27 09:24:48
Venezuela formalized plans on Thursday to launch its second satellite from China next year to help the government improve mapping and more accurately estimate agricultural harvests.
Canada to tighten federal budget
2011-05-26 15:57:16
Canada will tighten its federal budget,including cutting government subsidies to political parties, Canadian Finance Minister Jim Flaherty said Wednesday.
Google takes wraps off pay-by-phone system
2011-05-27 07:10:21
US shoppers soon will be able to use mobiles to pay for things at the checkout counter under a system unveiled by Google.
Canada to tighten federal budget
2011-05-26 15:57:16
Canada will tighten its federal budget,including cutting government subsidies to political parties.
UBS plans to move investment bank from Switzerland
2011-05-26 14:35:57
Swiss bank UBS is planning to separate its investment bank and incorporate it outside of Switzerland to placate regulators, the Wall Street Journal reported on Thursday.