Honda sees sharp drop in profit

Japan's third biggest carmaker, Honda, has announced a 41% drop in quarterly profit, as it continues to feel the impact of Japan's March disasters, the floods in Thailand, and the high yen.

US sales and one-off payment lift Ford's profits

US carmaker Ford has reported a surge in profits in 2011, fuelled by a one-off payment and strong sales in its home country.

Analysts' take: Why you should buy Apple stocks

NEW YORK: Apple's first quarter in post-Steve Jobs era was a success. Apple reported that it sold more than 37 million iPhones and some 15.5 million iPads during its last quarter after the market closed Tuesday.

Toyota confirms loss of No. 1 carmaker spot

TOKYO: Toyota Motor confirmed on Wednesday that its world group sales fell below the eight million mark in 2011, losing the firm its number one spot in the global carmakers' league.

Google in privacy policy changes across its services

Google has changed its privacy policy, streamlining it across its multiple services including search, email, video and social networking sites.

HMV enjoys new year cheer as it strikes deal with suppliers

Crisis-stricken HMV has forged an alliance with Universial Music and other suppliers which the company believes will help it to return to financial health over the next three years.

Kodak bankruptcy: Workers, retirees, investors brace for pain

ROCHESTER: The ripple effect from Eastman Kodak Co.'s bankruptcy reorganization extends in many directions: Employees brace again for layoffs, retirees fret over health care coverage, and the photography icon's biggest debtors and stakeholders - from movie studios and big-box retailers to CEO Antonio Perez - are preparing for a sharp sting in their pocketbooks.

Vodafone not liable for up to $4.4bn of India penalties

India's highest court has ruled that Vodafone is not liable for taxes and penalties of up to $4.4bn (£2.8bn).

General Motors reclaims world's biggest carmaker title as Toyota skids

PARIS: General Motors reclaimed its title as the world's biggest automaker on Thursday, successfully emerging from its 2009 bankruptcy woes to overtake German giant Volkswagen and Japanese Toyota in the race to the top.

Kodak files for bankruptcy protection

Eastman Kodak, the company that invented the hand-held camera, has filed for bankruptcy protection with a US court.

Apple publishes supplier details for the first time

Apple has published a list of its suppliers for the first time as it looks to head off criticism over how workers are treated.

As Kodak declines, small tech firms rise in Rochester

The news of Kodak's declining fortunes is a sad one, to be sure. The Rochester, N.Y.-based company, whose name is synonymous with film, was a leader in that industry for years.

Honda Motors may spend $650 million to restore flood-hit Thai plant

TOKYO: Honda Motor Co will completely overhaul its flood-hit factory in Thailand in a project that could cost more than 50 billion yen ($650 million), the Nikkei business daily reported on Sunday.

JP Morgan reports lower fourth-quarter profit

JP Morgan has reported lower fourth-quarter profits, hit by weaker trading at its investment banking division, triggered by the eurozone debt crisis.

Apple Details Working Conditions at Factories

Apple Inc. disclosed a comprehensive list of its major suppliers for the first time, along with a detailed report on factory inspections, moving to combat an array of criticism about working conditions in its supply chain and the company's transparency about it.

Bleak day for high street as Tesco slump spooks retail sector

More than £4bn was wiped off the stock market value of Tesco on Thursday after Britain's biggest retailer delivered its worst Christmas sales performance in decades and warned it would see "minimal" profits growth this year.

Former Olympus boss calls for clearout of board

The former chief executive of Japanese camera firm Olympus has said the decision to sue current and former executives is "deeply inadequate".

HMV reports Christmas sales slump

Troubled retailer HMV has reported a sharp fall in sales for the Christmas period but noted a slowing in the decline of its music and film business.

French auto spares firms eye JVs in Gujarat

AHEMEDABAD: Some 60 French companies will explore joint ventures with Gujarat-based auto component makers at a business-to-business or B2B meet organised by the state government later this month in capital Gandhinagar.

Blacks Leisure: JD Sports set to buy retailer

JD Sports looks set to buy the assets of Blacks Leisure, the struggling outdoor clothing retailer which employs about 3,500 staff.

Google and Apple to go head to head over 'smart' TVs

Google and Apple are preparing a rematch of the battle they fought for dominance of the smartphone market, but this time the contest between them will be for control of our television sets.

John Lewis sees 'outstanding' Christmas sales

John Lewis has reported an "outstanding" rise in sales at its department stores during the Christmas period.

Luxury carmaker Bentley sees sales rise 37% in 2011

Luxury carmaker Bentley has reported a 37% rise in sales in 2011, saying demand has returned to pre-recession levels.

Hyundai and Kia predict slower sales growth in 2012

Hyundai and its affiliate Kia Motors have said they expect sales growth in 2012 to be sharply slower than 2011 due to the global economic downturn.

‘Serious lapses in Citibank led to fraud’

NEW DELHI: An internal investigation into the scam in Citibank's Gurgaon branch in May has shown that there were serious lapses within the bank that was responsible for one of the country's biggest fraud involving a multinational bank.

Samsung, Hyundai Tell Workers to Brace for Economic Uncertainty

Jan. 2 (Bloomberg) -- Samsung Electronics Co. and Hyundai Motor Co., South Korea’s largest companies, told employees to brace for intense competition in a weak global economy as the government called for contingency planning.