Archive for December 2012
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Taiwan's HTC on December 11 unveiled a new smartphone boasting a higher resolution display than the iPhone 5 just days before Apple's latest handset goes on sale on the island. The HTC Butterfly features a
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Singapore Airlines' sale of its 49-percent stake in Virgin Atlantic will allow the cash-rich Asian carrier to focus resources on its fast-growing regional market, analysts said on December 12. The Singapore carrier's tie-up with British
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French carmaker Renault has turned the page on truck manufacturing by selling its remaining stake in Swedish truckmaker Volvo AB for 1.5 billion euros ($2.0 billion) to cut debt and make strategic investments. The French
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Chemical maker DuPont will spend less on capital projects next year than initially planned due to uncertainty about the US "fiscal cliff," Chief Executive Ellen Kullman said in an interview. The company, which has the
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National Bank of Abu Dhabi (NBAD), the UAE's largest lender by market value, is looking at acquisitions as part of a plan to more than double the proportion of profits it makes from abroad over
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IBM ads urge us all to follow its lead and help "build a smarter planet." Let's hope other companies don't follow Big Blue's latest move: an overhaul of its 401(k) plan that shifts its matching
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MetLife Inc and an undisclosed joint-venture partner have bought Washington D.C.'s largest, privately owned office building, the insurance company said on December 13. The purchase price for Constitution Centre at 400 7th St. SW was
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Mercedes-Benz expects to lose its lead in the US luxury market to German rival BMW, which is expected to be aggressive in its incentive strategy this month. The automakers have been in a tight race
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Mercedes-Benz expects to lose its lead in the US luxury market to German rival BMW, which is expected to be aggressive in its incentive strategy this month. The automakers have been in a tight race
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North Korea's launch this week of a long-range rocket may have sparked an outcry across much of the globe but the anxieties it has provoked could mean more business for Lockheed Martin Corp, the world's
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