Saturday, December 7, 2013
Danish brewer Carlsberg upped its stake in China's Chongqing Brewery to 60 percent, strengthening its foothold in the world's largest beer market by volume, and hopes to increase its holding further, the Chinese company said.
In a strategic about-face, General Motors will drop the Chevrolet brand in Europe by the end of 2015 after it failed to build significant market share, and the company will focus instead on its Opel and Vauxhall lines to try to return to profitability there.
It could be a huge breakthrough for Apple to win a place in the line-up of China's largest telecom provider and a big shakeup for the smartphone market.
Microsoft on Thursday announced it worked with police in Europe and the United States to disrupt a “dangerous” army of virus-infected computers used to hijack searches at Google, Bing and Yahoo.
British house prices rose at their fastest pace in more than six years in November but could slow as weak wage growth puts pressure on personal finances, mortgage lender Halifax said on Friday.
British people expect inflation to pick up but are still largely heeding the message from Bank of England Governor Mark Carney that interest rates will not go up any time soon even as the economy recovers, a survey showed on Friday.
Twitter on Thursday announced the appointment of its first woman board member in a gender breakthrough at the globally popular one-to-many messaging service.
A US$6.4 billion gas project being built by Chevron CVN.X in China is facing further delays due to disagreements with partner PetroChina (0857.HK) over how to develop the technically tricky fields, three industry sources said.
Financial markets were in a state of suspended animation on Friday as tension mounted ahead of jobs data that could make or break the case for an imminent scaling back in U.S. stimulus.
The dollar edged up in Asia Friday ahead of U.S. jobs data later in the day that are seen as key to the Federal Reserve's plans for its stimulus program.