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Articles
Halliburton Pays $1.1 Billion for Gulf of Mexico BP Spill
Halliburton Pays $1.1 Billion for Gulf of Mexico BP Spill
Halliburton said the money would be paid to the Gulf fishing industry and other victims of the Deepwater Horizon disaster, including some claims made in suits against oil giant BP.
Fujifilm
Fujifilm Vs. Ebola: Japan Giants Turn Hands to Medicine
Fujifilm's expansion from pictures to pills through its healthcare subsidiary, Toyama Chemical, is a business move being echoed by other giants of Japanese manufacturing, including Sony, Panasonic and Toshiba.
Western Retailers Battling over Clean Up of Bangladesh Garment Factories
Western Retailers Battling over Clean Up of Bangladesh Garment Factories
One of the umbrella retailer groups, representing 150 European brands, has decided to inspect factories for safety flaws already checked by members of the second group.
Ducere Shoe
India's Ducere Develops GPS-enabled Shoes that Show You the Way
The fiery red sneakers, which will also count the number of steps taken, distance traveled and calories burned, will go on sale in September under the name LeChal, which means "take me along" in Hindi.
China manufacturing
China's Manufacturing Momentum Slows as Housing Sector Weakens
Analysts said the result indicated China's economic recovery was being stunted by problems in the property sector -- where new home prices posted their fourth consecutive month-on-month decline -- as well as the weakening impact of stimulus measures taken to boost growth.
Six Arrested in OSI Group Food Scandal in China
Shanghai's prosecutor's office said the employees were suspected of producing and selling "fake and inferior" products, according to a statement posted on its website.
Samsung Denies Child labor at Chinese Supplier
Samsung Denies Child Labor at Chinese Supplier
The report said the factory, where components for Lenovo are also built, had hired new workers, and neglected to check their identification. The youngest worker was found to be 14, the report said, adding the factory had also hired 117 college students, many of whom averaged 12.5 hours of work each day.
Audi Recalls 70,000 Cars over Braking System Problem
Audi Recalls 70,000 Cars over Braking System Problem
An Audi spokesman told AFP that the recall affected the company's A4, the A5, the A5 Cabrio, the A6, the A7 and also the Q5 crossovers models built between March and December 2012.
Hyundai Kia Strike Could Cost $100 Million
Hyundai Kia Strike Could Cost $100 Million
The walk-out comes after 17 rounds of talks with the management over the past two months have produced little progress.
Wearable Device Market Heats up as Samsung, LG Unveil New smartwatches
Wearable Device Market Heats up as Samsung, LG Unveil New Smartwatches
Global smartwatch sales are expected to grow this year by more than 500% from 1.9 million units in 2013.
Kia
Kia Motors to Build Its First Auto Assembly Plant in Mexico
KIA is the third foreign carmaker in as many months to announce major projects in Mexico.
spider web
Suzuki Blames Spider Webs for Kizashi Sedan Recall
The arachnids can weave webs in a vent hose running from a car's gasoline tank, blocking it and causing the tank to build up negative pressure as fuel is used.
Tyson to Sell Hog Business to Win Hillshire Buyout
Tyson to Sell Hog Business to Win Hillshire Buyout
Tyson Foods has agreed to sell a hog business to win approval from antitrust regulators for its proposed buyout of Hillshire Brands.
If India Wants to Grow, it Better Cut Red Tape Says Bank
If India Wants to Grow, it Better Cut Red Tape Says Bank 1
"To get back to a high-growth path of eight-to-nine percent, it's crucial to implement investment-friendly reforms being initiated by the government," and ease India's bureaucratic red-tape, ADB President Takehiko Nakao said.
Mexico Rejects US Move to Slap Duties on Sugar Imports
The U.S. Commerce Department Tuesday announced a preliminary decision imposing duties of three to 17% on the sugar imports to offset what it said were government subsidies to Mexican sugar producers.
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