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Caroline Dobson
Amazon Unveils Book Lending Program
Amazon.com Inc. has developed a new way to encourage consumers to ditch their paperbacks in favor of digital ...
Business
November 3, 2011
Samsung Eclipses Apple in Q3 Smartphone Sales
South Korea's Samsung Electronics Co. outpaced Apple Inc. as the world's No. 1 smartphone maker during the July ...
Business
October 31, 2011
Qantas Ordered to Resume Flying After Grounding 108 Flights
An Australian arbitration court ordered Australia's flying kangaroo Qantas Airways Ltd. to resume flights and ordered an end ...
Business
October 31, 2011
No Downturn for Luxury Goods Market
Despite the sluggish global economic outlook, the luxury goods industry still has a positive outlook, with double-digit sales ...
Business
October 17, 2011
Google Shuts Buzz, Focuses on Google+
Search giant Google Inc. will be shutting down its social networking site Buzz, according to an announcement last ...
Business
October 16, 2011
Walt Disney CEO to Step Down in 2015
Walt Disney Co. CEO Robert Iger will step down when his next term ends in 2015.
Business
October 9, 2011
India Introduces Low-Cost Tablet Computer
As the popularity of tablet computers such as the Apple iPad and Amazon.com's Kindle Fire continues to soar, ...
News
October 6, 2011
Airline Industry Predicts More Tough Times Ahead
Business in the international aviation industry is showing a continual downward trend.
Business
October 4, 2011
Facebook Sued for Tracking Users’ Information
Social networking giant Facebook Inc. is being sued for tracking users' Web activity without their permission after they ...
Business
October 2, 2011
Nokia Cuts 3,500 Jobs Ahead of Windows Phone Launch
The world's largest supplier of mobile phones in terms of volume, Nokia Oyj, announced 3,500 new layoffs on ...
Business
September 29, 2011
SABMiller Buys Brewery Giant Foster’s for $10 Billion
After months of negotiations, Australia's largest brewing company Foster's Group Ltd., was sold to British brewer SABMiller Plc, ...
Business
September 22, 2011
Prada Earnings Soar, Buoyed by Asian Demand
Family-owned Italian fashion house Prada S.p.A. announced that its half-year profit jumped by 74 percent, due to sales ...
Business
September 19, 2011
Rogue Trader’s Financial Toll on UBS Increases
Swiss bank UBS AG revised the initial toll of losses from 31-year-old trader Kweku Adoboli, to a possible ...
Business
September 19, 2011
Rogue Trader Costs UBS $2 Billion
UBS AG, Switzerland`s largest bank, discovered on Thursday that a rogue trader had caused a $2 billion loss ...
Business
September 15, 2011
World’s Leading Implanted Hearing Aid Recalled
Cochlear Ltd. has announced a voluntary global recall on the world's leading implanted hearing device.
Business
September 12, 2011
Google, Microsoft Suffer Cloud Services Outages
Cloud computing services were recently affected with outages to both Google Inc. and Microsoft Corp.
Business
September 11, 2011
Banking Giant HSBC Cuts 3,000 Jobs in Asia
HSBC Holdings Plc has announced that it will slash around 3,000 jobs spread out over three years in ...
Business
September 8, 2011
Counterfeit Stores Proliferate in China
Counterfeiting in China has reached new heights. In addition to producing knockoff products, entire stores selling such products ...
China
September 5, 2011
High Fashion Becomes High Finance
The 174 year-old French luxury label has reported an increase of 50 percent in its first half profits
Business
September 3, 2011
Hurricane Irene Could Prove Costly for Airline Industry
The airline industry is bracing itself following thousands of flight cancellations, last weekend, due to Hurricane Irene.
Business
August 29, 2011
Goldman Adjusts Bankers’ Pay
Goldman, the most profitable Wall Street bank, will be cutting bonus payments for some bankers, according to recent ...
Business
August 27, 2011
Zara Subcontractor Accused of Sweatshop-Like Conditions
The Brazilian Ministry of Labor is investigating the Spain-based brand due to the discovery of a contractor in ...
Business
August 22, 2011
Samsung Launches Galaxy S II
Samsung's Galaxy S II smart phone is due to be launched in the U.S. market by the end ...
News
August 15, 2011
Luxury Watch Makers Under Investigation for Antitrust Concerns
Luxury watch companies such as the Swatch Group are under investigation by European Union antitrust regulators for not ...
Business
August 7, 2011
Are Wines Becoming Liquid Gold?
A French wine collector has made a record investment by buying the most expensive bottle of white wine, ...
Business
July 31, 2011
BlackBerry Maker Cuts 2,000 Jobs, Reshuffles Management
Research in Motion Ltd (RIM), maker of the Blackberry, announced its first major round of job cuts in ...
Business
July 25, 2011
Counterfeit Apple Stores Exposed in China
According to a blogger who goes by the alias ‘BirdAbroad,' an entire store of products appears to have ...
China
July 21, 2011
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