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Ligresti's USD333.8M to be seized

Italy's tax police determined that around $333.8 million of Salvatore Ligresti', his daughters' and the company executives' assets will have to be seized.


Airport fire causes Kenya Airways to lose USD 4 million in revenues

Titus Naikuni, CEO of Kenya Airways, announced that the fire at JKIA had already cost his company USD 4 million in revenues.

HTC pays Iron Man star USD 10 million for commercial

HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.

PAL nears completion of joint venture with Cambodia firm

PAL Holdings Inc assistant corporate secretary announced that the joint venture of Philippine Airlines with a Cambodian firm would be finalized this October.


Latest News

A unit of San Miguel Corp remained the only bidder for ALECO after Aboitiz Energy and Manila Electric backed out.
Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines. Brother Industries, a printer maker based in Japan, opened a new manufacturing facility in the First Philippine Industrial Park in Batangas.
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.
The Perseid meteor shower's annual show is set to occur in the next few weeks. The annual Perseid meteor shower would be occurring tonight. Around this time each year, the Earth would be passing through the intergalactic orbit of a comet named Swift Tuttle.
The latest winner of the Powerball jackpot face great financial issues in the future. One of the largest prizes for a Powerball lottery was won by a group of New Jersey employees.
One of the first victims of the Snowden affair was the closure of secure email service provider Lavabit.
The PGA tour is not just about winnings, its about charity given to the communities who host them. In the third round of the PGA Championship, Jason Dufner was holding a two shot lead.
The social media giant was the showcase for a murder and money. Facebook is again the venue of a chilling act. Derek Medina posted Thursday a chilling photograph that his friends and family would never forget.
India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.