American Airlines sweetens support offer as JAL shares plunge
American Airlines and its partners in the Oneworld alliance sweetened their offer to Japan Airlines <9205.T> to $1.4 billion to keep the struggling national carrier from joining hands with rival Delta Air Lines. Read Full Article here.
Cadbury rejects Kraft, reports robust trading
Britain's Cadbury showcased robust 2009 results and an upbeat outlook on Tuesday in its last move to rebuff U.S. giant Kraft Foods' 10.5 billion pound ($17 billion) hostile takeover bid. Read Full Article here.
China consumers to overtake U.S. in a decade: Credit Suisse
Household income in China surged in the last six years, especially for top earners, putting the country on track to eclipse the United States as the biggest consumer market in a decade, Credit Suisse said in a report on Tuesday. Read Full Article here.
Google's investment arm to grow partner ranks
Google Inc's venture capital arm, Google Ventures, is bringing more partners onboard as the $100 million fund seeks to build upon the eight investments it has made in companies since its launch last spring. Read Full Article here.
Forrester sees global tech spending rebound in 2010
After a tough 2009, the global technology industry will see an 8.1 percent increase in spending this year with software and computer hardware leading the charge, according to a report from Forrester Research. Read Full Article here.
A380 slowdown blots record Airbus output
Airbus confirmed forecast-beating sales and record deliveries for 2009 on Tuesday but admitted disappointment over a fall in A380 output and pledged to speed up production of the world's largest airliner. Read Full Article here.
China's Baidu website defaced by Twitter hackers
Hackers calling themselves the Iranian Cyber Army briefly hijacked the home page of China's top search engine, Baidu Inc, on Tuesday weeks after doing the same thing to Twitter.com. Read Full Article here.
McDonald's to start free Wi-Fi at most U.S. stores
McDonald's Corp plans to offer free Wi-Fi service at most of its U.S. restaurants, starting on January 15, a spokeswoman said on Monday. Read Full Article here.