BEIJING: Foreign companies in China say they want the country's new leadership to act on pledges to reduce bureaucracy and remove investment barriers as the business climate gets tougher, the American Chamber of Commerce in China said Friday.
March 30, 2013
BP to go ahead with $500 million Shetlands investment
LONDON (Reuters) - British oil group BP is pressing ahead with a $500 million-plus investment in the Shetland Islands, a shot in the arm for the government's efforts to revive the North Sea oil industry to help kickstart a flagging economy.
March 29, 2013
Wal-Mart may get customers to deliver packages to online buyers
SAN FRANCISCO: Wal-Mart Stores Inc is considering a radical plan to have store customers deliver packages to online buyers, a new twist on speedier delivery services that the company hopes will enable it to better compete with Amazon.com Inc.
March 28, 2013
Prudential fined £30m over AIA bid
Insurance giant Prudential has been fined £30m by regulators over its 2010 bid to buy AIA, an Asian subsidiary of US insurer AIG.
March 27, 2013
Sharp says no investment deal with Taiwan's Hon Hai
TOKYO: The deadline for a crucial capital injection in Sharp from Taiwan's Hon Hai Precision lapsed Tuesday without any deal, the struggling Japanese electronics giant said, citing regulatory hurdles.
March 26, 2013
Bankia Stock Value Is Nearly Wiped Out Under Recapitalization Plan
MADRID — Shares in Bankia, the giant Spanish mortgage lender whose collapse last year led to a banking crisis in Spain, slumped Monday in the first day of trading after regulators wiped out most of the stock’s value.
March 25, 2013
Airbus-Boeing battle shifts to Indonesia
JAKARTA: A new rivalry between the world's biggest planemakers is heating up in Indonesia after a record deal for Airbus in a market with huge potential that until now has been a "fortress" for Boeing.
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