Deals
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.
Medtronic acquires Cardiocom for USD 200 million
Medtronic purchased Cardiocom for USD 200 million in cash. Medtronic Inc, the world's largest medical technology company, bought Cardiocom Llc for USD 200 million.
Prime Minister David Cameron supports hydraulic fracturing
In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.
Latest News
California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
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.
India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.
UN General Assembly President Vuk Jeremic lauded the strong growth posted by the Chinese economy. Vuk Jeremic, the President of the United National General Assembly, told Chinese media that the world's second largest economy was among those that posted the strongest growth globally.
Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.
French President Francois Hollande said he would continue to stimulate the jobs market to chip down the soaring unemployment numbers in the country.
A private survey revealed that China's PMI for the services sector showed signs of growth. The HSBC/Markit Purchasing Managers' Index (PMI) survey for the services sector in China showed signs of improvement.
President Barack Obama proposed the gradual elimination of Fannie Mae and Freddie Mac to speed up recovery in the housing sector.
Economists warned that while the economic reforms of President Enrique Pena Nieto are crucial to increasing wages, Mexicans would have to wait before impact would be felt.