Irish firm sells S. African newspapers for $227M
02/18/2013 3:48am
An Irish media company has sold off its newspaper group in South Africa, including The Star and newspapers in Cape Town, to a local investment group for $227 million, the firm has announced.
British PM calls on India to ease business rules
02/18/2013 4:42am
British Prime Minister David Cameron called on India to further open up to foreign investment and loosen regulations that hamper businesses, saying Monday that the countries' "special relationship" could blossom into a powerful economic partnership.
HK Disney turns first profit since 2005 opening
02/18/2013 6:29am
Disneyland in the southern Chinese city of Hong Kong has turned a profit for the first time since it opened in 2005, as new attractions helped push visitor numbers to a record, theme park officials said Monday.
China takes control of strategic Pakistani port
02/18/2013 8:03am
China took over operational control of a strategic deep-water Pakistani seaport Monday that could serve as a vital economic hub for Beijing and perhaps a key military outpost.
ECB: Cyprus aid with anti-money-laundering control
02/18/2013 8:50am
The European Central Bank chief says a financial rescue package for Cyprus must be accompanied by close and continuous monitoring of its progress in implementing anti-money-laundering policies.
Police release man over Greek mining firm attack
02/18/2013 8:56am
A Greek prosecutor ordered the release Monday of a 54-year-old man hours after he was arrested in connection with an attack on a gold mining company in which about 40 masked intruders torched machinery and vehicles.
UAE to buy US-made drones in military expansion
02/18/2013 9:32am
A defense official in the United Arab Emirates says the Gulf nation has signed $1.4 billion in military contracts that include purchases of U.S.-made drones.
Leading the charge on a new frontier of battery innovation
02/18/2013 11:33am
Batteries have become an essential part of everyday life, but they have their positives and negatives. Researchers at the Utah Science Technology and Research initiative are seeking to minimize the negatives and innovate the positives by leading the charge on a new frontier of batteries.
In path to American's merger, 1 CEO had to leave
02/18/2013 12:37pm
The 14-month battle for control of American Airlines came down to two men who got their start there.
WSJ: OfficeMax, Office Depot in merger talks
02/18/2013 1:59pm
The Wall Street Journal is reporting that OfficeMax Inc. and Office Depot Inc. are talking about combining their companies.
New Zealand telecoms plan $60m fiber-optic cable
02/18/2013 8:41pm
Three New Zealand telecommunications companies say they plan to jointly build a new $60 million fiber-optic cable connecting New Zealand with Australia.
New Zealand plans logo-free cigarette packs
02/18/2013 9:03pm
Strict against smoking already, New Zealand plans to make tobacco companies remove their logos from cigarette packs but will wait until a challenge to a similar Australian law is resolved.
Nestle finds horse meat in beef pasta meals
02/18/2013 10:05pm
Nestle SA has withdrawn beef pasta meals from sale in Italy and Spain after tests found horse DNA.
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