Japanese auto-maker Toyota Motor Corp said it will recall as many as 1.7 million vehicles worldwide over concerns about a possible fuel leakage problem.
Ranbaxy Laboratories Ltd, India's top drugmaker, said on Thursday its chief financial officer had resigned, the third top official to quit after Japan's Daiichi Sankyo took majority control.
Apple Inc (AAPL.O) fully supports China Mobile's next generation TD-LTE technology and talks are ongoing over a possible iPhone tie up with the carrier, China Mobile's chairman was quoted as saying.
Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for dividing up billions of dollars among its creditors and offered a bigger payment to bondholders, provided they sign on.
Retail giant Wal-Mart Stores (NYSE: WMT) got some bad news and some good news on either side of the U.S.-Canadian border.
Air Mauritius will fly direct to China from July in a move it hopes will help boost tourism in the Indian Ocean island, which is suffering from the downturn in Europe.
Italy's oil and gas major Eni has won an international tender to operate block 35 in deepwater offshore Angola as it pushes to expand on its core African market and boost deepwater development.
Norway's oil and gas producer Statoil told Reuters on Wednesday it saw potential for big discoveries in Angola's ultra-deep water blocks, known as pre-salt blocks, in which it was awarded concessions on Monday.
A Royal Dutch Shell executive said on Wednesday the company could not be held solely responsible for damage to the environment caused by oil extraction in the Niger Delta where it operates.
Canada's Africa Oil Corp said on Wednesday it had completed a farmout agreement for three east African exploration blocks to London-listed Tullow Oil Plc, which now holds a 50 percent stake in each of them.
Impala Platinum, the world's second-largest producer of the precious metal, said on Wednesday its first-half earnings likely increased by up to 65 percent, lifted by stronger sales and higher prices.
China's harsh measures to cool its booming property market is having limited impact on prices, property developer SOHO China's (0410.HK) chief executive said, underscoring the government's difficulty to curb credit growth on all fronts.
Japanese mobile social gaming firm Gree Inc said Wednesday it would tie-up with China's Tencent Holdings, giving it access to a market where 120 million people already play mobile games.
New U.S. single-family home sales in December rose faster than expected to their highest level in eight months and prices were the highest since April 2008, raising cautious optimism for a housing market recovery
Applications for U.S. home mortgages slumped last week as bankers recorded the slowest refinancing activity in more than a year, an industry group said on Wednesday.
Struggling home improvement retailer Lowe's will lay off 1,700 managers in stores around the country, reported the Associated Press.
Candy Spelling, television producer Aaron Spelling's wife, is still waiting for a buyer for her $150 million mansion, which is said to be the most expensive home in the world.
Worldwide mobile application store revenue is projected to triple to more than $15.1 billion this year and reach $58 billion in three years, according to Gartner Inc.
Ahmed Khalfan Ghailani, who played a vital role in the 1998 al Qaeda bomb attacks on U.S. embassies in Kenya and Tanzania that killed 224 people including 12 Americans and wounded thousands of others, has been sentenced to life by a Manhattan federal court.
The Department of Justice was reprimanded today by the U.S. Congress for suggesting the necessity of the Internet Data Retention legislation, which if passed would require Internet Service Providers (ISPs) to preserve records of user activity longer, but failing to provide more details on how it could aid in criminal investigations.
Media bigwig Rupert Murdoch will not be attending the World Economic Forum in Davos, which opens on Wednesday, as he attempts to negotiate the terms to buy British Sky Broadcasting Group with the U.K. Culture Secretary.
Just days after Samsung's Galaxy Tab2's new features emerged in the wild, it now seems to be HTC tablet Flyer's turn, as its features have also been leaked.
A Japanese company is selling gold coins and mini bars through an automatic vending machine to improve ease of purchase and reduce final price.
McDonald's opened the latest Hamburger University in Shanghai in 2010, getting into which has a probability of less than 1 percent.
Companies better be sure they are selling the exact product they advertised to lure in customers, or be slapped with a lawsuit like Taco Bell. A California woman has brought about a false-advertising lawsuit against the fast food chain, stating that Taco Bell's beef products actually contain very little meat.
UK-based water supplier United Utilities Group Plc said current trading is in line with the group's expectations of delivering a solid underlying financial performance for the year ending March 31.
British software maker Sage Group Plc said trading for the first quarter were in-line with its expectations with improved revenue performance continuing from the second half of last year.
Firm's big bet on Citigroup pays off with a $1 billion gain.
The following table shows China's five major state-owned power generating groups' operational results in 2010, as reported by the companies or official media.
A group at the University of Surrey and Surrey Satellite Technology Limited has developed a satellite containing a smartphone that will be launched into orbit by the end of the year.
