Global miner Rio Tinto surprised investors by more than doubling its full-year dividend and promising to return $5 billion to shareholders by 2012, looking to soak up bumper cashflows after it reported a record second-half profit.
India plans to award an $11 billion fighter jet contract by the end of March 2012, its defense minister said, as manufacturers at India's airshow vied to boost their share of a fast-growing military hardware market.
Coca-Cola Co reported higher-than-expected quarterly sales as it gained market share and saw growth in each of its major markets for the first time in at least five years.
China, Japan and South Korea are dominating growth in international patent filings in a dramatic demonstration of the shift of scientific and economic power to northeast Asia, figures released on Wednesday showed.
Coca-Cola Co reported higher-than-expected quarterly sales, as it gained market share and also saw growth in each of its major markets for the first time in years.
The fatal shooting of three separatists in the India’s tea-producing regions of Darjeeling in West Bengal state have prompted an indefinite strike that is likely to shut down the local economy.
The Boeing Co on Wednesday said it would deliver the first 787 Dreamliner aircraft to Air India in the fourth quarter of 2011, indicating a further delay from its prior delivery estimates.
Lotus Renault GP have lined up Bruno Senna, Vitantonio Liuzzi and Nick Heidfeld to replace the injured Robert Kubica, who is showing signs of improvement but could take up to year to fully recover.
Coca-Cola Co reported higher-than-expected quarterly sales, helped by its third straight quarter of sales growth in North America.
Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese demand, but the decline was the slimmest among local automakers and it lifted its outlook on growing overseas sales.
Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese sales, but the decline was the slimmest among local automakers as a slew of new models helped Nissan beat the sector's growth in key markets.
The Central Bureau of Investigation (CBI) arrested the vice chairman of a joint venture between a local firm and Abu Dhabi's Etisalat in connection to a massive telecoms scandal that has crippled the government.
Government regulations allow entry of foreign players in the solar panel manufacturing market in India only if they set up local facilities in joint ventures with domestic manufacturers.
Cassidian, the defence and security division of the European Aeronautic Defence and Space Company (EADS), opened India’s first defense-oriented engineering center in Bengaluru on Tuesday, expecting to create jobs for over 20,000 Indian engineers in the coming years.
US top military officials on Tuesday unveiled the National Military Strategy, the first revision since 2004 and calls for redefining leadership in a changing world.
Facebook, the world's largest social-networking site, will open a sales office in Hong Kong, in a move to tap the region's booming Internet scene, local media reported on Wednesday.
Corrects name and title of person commenting in paragraph 8 to Mark Kronenberg, Boeing's vice president for international businesss development for Defense, Space and Security, not India head Dinesh Keskar
General Dynamics Corp's Gulfstream unit said the global business jet market was recovering nicely, particularly outside of North America led by long-range jets.
Global defense manufacturers, looking to take advantage of growth in Indian spending, are increasing production in Asia's third largest economy, executives said ahead of India's biennial air show on Tuesday.
Governments in the Asia-Pacific region face the risk of unprecedented numbers of people displaced by floods, storms and other impacts of climate change, the Asian Development Bank (ADB) said in a report on Monday.
With increasing number of government and other high-profile websites being targeted almost everyday, 'hacktivism' seems to have reached its peak. The recent targets of 'hacktivists' are listed here.
Renault's Formula One driver Robert Kubica will require more surgery despite a seven-hour operation following an accident in Ronde di Andora rally on Sunday.