Toyota, Honda step up small-car war in India
Toyota Motor Co and Honda Motor Co launched new compact cars to tap the fast-growing and price-sensitive India market as they and other automakers seek to put a dire 2009 behind them. Read Full Article here.
Airbus raises stakes in A400M row with Germany
Airbus set itself on a possible collision course with the German government on Tuesday by signaling it was ready to walk away from a delayed 20 billion euro military plane project in a row over costs. Read Full Article here.
SMFG plans $8.7 billion share sale: sources
Sumitomo Mitsui Financial Group (SMFG) <8316.T>, Japan's third-largest bank by assets, plans to raise up to $8.7 billion by issuing new shares to meet stricter capital requirements and for potential acquisitions in Asia, people with knowledge of the matter said. Read Full Article here.
Hopes for economy drive risk appetite
Optimism about the world economy buoyed global equities on Tuesday, particularly in emerging markets, but the dollar continued its weak start to 2010. Read Full Article here.
Alcon directors criticize Novartis tactics
An independent committee of directors of Alcon is disappointed with a takeover bid from Novartis , saying the Swiss drugmaker is trying to circumvent protections for minority shareholders. Read Full Article here.
Nokia files new patent suit against Apple
The world's top mobile phone maker, Nokia, has launched another court case against Apple for alleged patent violations, in an increasingly fierce legal battle between two leaders of the smartphone market. Read Full Article here.
Kraft sweetens Cadbury offer, Nestle rules out bid
Nestle ruled itself out of a bid war over Cadbury and Kraft sweetened its $16.4 billion offer with a bigger cash portion, raising expectations the U.S. food group will win its prize. Read Full Article here.
Icelandic president says won't sign Icesave bill
celand's president said on Tuesday he would not sign into law a bill to repay more than $5 billion lost by savers in Britain and the Netherlands when the island's banks collapsed, creating fresh political turmoil for the crisis-hit country. Read Full Article here.
Skype to offer video service on LG, Panasonic TVs
Privately held Skype has forged deals with consumer electronics makers LG Electronics and Panasonic in a bid to move its Internet video service beyond the desktop computer to the living room TV. Read Full Article here.
Lenovo, Qualcomm team up on Skylight smartbook
Lenovo Group Ltd on Monday formally took the wraps off its first smartbook, a device that breaks free from the traditional Wintel hold on the mobile computing segment. Read Full Article here.