business

Citi CEO Vikram Pandit exits abruptly after board clash Vikram Pandit is seen in Washington, February 11, 2009. Credit: Reuters/Larry Downing/Files By Carrick Mollenkamp and Jed Horowitz and Rob Cox Wed Oct 17, 2012 7:54am IST REUTERS - A regular Citigroup Inc board meeting to talk about...

Spanish football could 'kill itself' September 21, 2012 By Dermot Corrigan, Spain Correspondent Gay de Liebana believes that Jose Mourinho's transfer policies have had a long-term detrimental financial effect on the clubs he has managed Spanish football must change course drastically or it...

Heineken agrees US$4b-plus APB takeover deal: report Posted: 03 August 2012 1811 hrs SINGAPORE - Global brewer Heineken has reportedly agreed a US$4 billion-plus deal to take control of Asia Pacific Breweries (APB) by agreeing to buy a stake in the Singapore-based brewer from partner Fraser and...

Aussie retail giant David Jones in British takeover offer Friday, Jun 29, 2012 AFP SYDNEY - Shares in struggling upmarket Australian department store David Jones soared on Friday after it received an unsolicited takeover offer from a mystery British bidder. The retail giant, which is battling...

IN INDIA, HENRY FORD'S ASSEMBLY LINE INSPIRES THE HIGH-TECH HOSPITAL OF THE FUTURE One Indian doctor has taken the cost-cutting techniques that made Ford, Toyota and Wal-Mart so successful and applied it to heart surgery. His low-cost hospitals are so profitable that the model is about to be...

CapitaLand has shoebox homes at Bedok Residences Its smallest unit is 517 sq ft; CEO had stirred debate with 'inhuman' remark. Mon, Jun 11, 2012 AsiaOne By Felda Chay CapitaLand Group, whose CEO recently called shoebox homes "almost inhuman", has residential projects with units that fall...

The world is her oyster $500,000 investment in derelict oyster farm pays for plucky businesswoman. -TNP Jonathan Choo Mdm Fanny Su showing the big oysters her farm can produce. Tue, May 15, 2012 The New Paper Despite zero experience in oyster farming, this plucky woman ploughed $500,000...

More companies taking longer to repay debt Some are becoming selective about which debts to pay on time, and which ones they are allowing to extend out. -AsiaOne Mon, May 07, 2012 AsiaOne More companies are taking a longer period of time to repay their bills during the first three months of...

Africa’s Singapore? A country with a bloody history seeks prosperity by becoming business-friendly Feb 25th 2012 | KIGALI | from the print edition THE conference room resembles an old “Star Trek” set, with swivel chairs, laptops on desks and headsets that switch between Kinyarwanda and other...

<tbody> Business @ AsiaOne Singapore to help emerging Myanmar train its workers Myanmar and Singapore signed a memorandum of understanding on technical cooperation on Monday morning. -Reuters Mon, Jan 30, 2012 Reuters Above: Singapore's Prime Minister Lee Hsien Loong (left) and Myanmar...

M'sian man claims to be world's first trillionaire New Straits Times Monday, Jan 23, 2012 KUALA LUMPUR - Although he is not listed as the world's richest man, Perak-born Kamal Ashnawi claims he has more than E 5 trillion (RM20 trillion) in his savings. In an interview with Mingguan Malaysia...

Kodak prepares for Chapter 11 filing: Report 02:22 PM Jan 05, 2012 NEW YORK - Eastman Kodak is preparing a Chapter 11 bankruptcy protection filing in case it is unable to sell its digital patents to raise capital, The Wall Street Journal reported yesterday. The once-iconic photographic film...

Hey,, Does Anyone Believe In Santa??

Special Report: "Rats" and "black mouths" gnaw at China stocks Thu Sep 29, 2011 2:57am EDT By Jason Subler SHANGHAI (Reuters) - Even before China's great stock market bull run of 2006-2007, Wang Jianzhong had become known as China's "god of stocks" for his prescient picks. Such was his...

About 1,000 workers riot at Singapore-owned firm in BatamPublished on Sep 21, 2011 Thousands of workers at Singapore-owned PT Nexus Engineering Indonesia in Batam went on the rampage yesterday morning. They set fire to an office, equipment room and several vehicles after two workers at the...

Singapore tycoon takes stake in McLaren Automotive (AFP) – 1 day ago SINGAPORE — A Singaporean tycoon has taken a "significant" stake in McLaren Automotive, the British high-performance sports car maker said Friday in move aimed to boost its Asian expansion plans. Peter Lim, a billionaire...

Google looks to 'supercharge' Android with Motorola Mobility Google to acquire US mobile company's smartphone business to 'supercharge the Android ecosystem' Google is to buy Motorola Mobility – maker of the Motorola Xoom tablet – for $12.5bn. Photograph: Yoshikazu Tsuno/AFP/Getty Images Google...

Tony Fernandes poised to buy Bernie Ecclestone out of Queens Park Rangers • Asian businessman could be named as new owner on Monday • He will take charge alongside Lakshmi Mittal Tony Fernandes is set to take over the ownership of QPR alongside Lakshmi Mittal Photograph: Lai Seng Sin/AP Tony...

Android Is Destroying Everyone, Especially RIM -- iPhone Dead In Water Henry Blodget | Apr. 2, 2011, 1:04 PM Google's Android OS has gained an astonishing 7 points of market share in the US smartphone market in the past three months, Comscore says. RIM's market share over the same period...