Archive for  December 2012
-
Facebook said on November 26 it was adding Apple iTunes digital credits to its new gift service at the social network. Facebook in September added the feature that lets people send cupcakes, coffee, stuffed animals
Read More -
Amazon said on November 27 that sales of its Kindle tablets and e-readers have more than doubled over the key weekend launching the holiday season, but provided no specific sales figures. The online retail giant
Read More -
General Motors said on November 27 it will integrate Apple's voice-activated software Siri in some of its cars next year to allow iPhone users to perform hands-free tasks. GM announced at the Los Angeles International
Read More -
Emaar Properties said plans to expand its Dubai Mall with high-end fashion stores, hotels and luxury homes had been finalised and work would begin shortly. Emaar, which also built Burj Khalifa - the world's largest
Read More -
Booming demand for catastrophe bonds should make them accessible and affordable for smaller insurance companies looking for alternative ways to cover themselves against natural disasters, according to the world's biggest reinsurer Munich Re. The bonds
Read More -
Norway's state-run telecom giant Telenor said on November 29 it expects to achieve financial break-even on its mobile operations in India in 2013 following a tough year in the South Asian nation. Telenor's Indian unit
Read More -
Mitsubishi Heavy Industries and Hitachi Ltd are to combine their thermal power businesses to compete against overseas rivals Siemens and General Electric, which are winning deals even in the Japanese firms' backyard. The deal, in
Read More -
India's giant Sahara business group, charged with illegally raising $4.5 billion from millions of small rural savers, took out huge ads on December 01 declaring it never does anything "against the law". The two-page newspaper
Read More -
The world's biggest food group Nestle is moving into traditional Chinese medicine by joining forces with Chinese pharma group Chi-Med, the Swiss group said on November 28. The new entity, called Nutrition Science Partners (NSP),
Read More -
British drugmaker GlaxoSmithKline said it intends to increase its holdings in its Indian and Nigerian divisions, as part of a long-term strategy to expand into emerging markets, in a statement on November 27. GSK said
Read More