Business

Hyundai Heavy wins creditor approval for overhaul

SEOUL, South Korea (AFP) -- South Korea's Hyundai Heavy Industries has received the green light for a near 3.0 billion…

Pharma sector set for wave of mergers, acquisitions: study

FRANKFURT, Germany (AFP) -- The pharmaceuticals sector is facing an intensive period of mergers and acquisitions in the coming years, even…

Oil climbs $50 for the first time in seven months

QUEZON City, Philippines - Low prices have been wrecking havoc among oil firms and producers for almost half of the…

North Korea’s construction boom

QUEZON City, Philippines - In North Korea, the private sector is leading the construction boom which is changing the city's…

Bank heist runs cold in the Philippines

QUEZON City, Philippines - After three months, authorities were still not able to arrest any of the suspects as well…

Google wins in retrial of Oracle copyright lawsuit

by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) -- A jury ruled Thursday that Google did not unfairly use parts…

PS4 sales hit 40 million as Sony console dominates

SAN FRANCISCO, United States (AFP) -- Sony Interactive Entertainment announced Thursday that PlayStation 4 sales hit 40 million units, being…

McDonald’s French HQ raided in tax probe

PARIS, France (AFP) - French police said Thursday they had raided the French headquarters of McDonald's and seized documents last week…

Energy stocks jump in Asia as oil passes $50 a barrel

  HONG KONG, China (AFP) -- Energy stocks jumped in Asia Thursday after oil surged past $50 a barrel for the…

McDonald’s in ‘historic’ agreement to contain Arctic cod fishing

OSLO, Norway(AFP) -- Food giants McDonald's and Tesco have signed a "historic" agreement to not expand cod fishing into untouched…

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