Aerospace group EADS batted away concerns over the financing needed to maintain a record wave of jet deliveries this year, as bumper orders from its Airbus unit and a major Japanese leasing deal provided fresh evidence of Asia's rising economic power.
Russian steelmaker Severstal said on Monday that a planned London listing of its Nord Gold mining unit would proceed after investors representing 10.6 percent of the share capital in the business participated in a share swap.
The world's dominant planemakers scored new orders as Airbus put the finishing touches to a record 2011, cruising peacefully for now above debt turmoil and new airline cutbacks in Europe.
Luxury carmaker Rolls-Royce Motor Cars Ltd said its U.S. sales could overtake China this year, revving up the British company for record global revenue in 2012.
Barclays Capital reiterated its belief that China is a big growth opportunity for Apple Inc. and could be bigger than even the U.S., within a few years.
Chinese machinery maker Shandong Heavy Industry Group on Tuesday sealed a deal to take a 75 percent stake in debt-laden Italian yachtmaker Ferretti Group, the latest in a series of Chinese acquisitions of European brands.
The Chinese will take to the sea in style following an announcement Tuesday that Shandong Heavy Industry Group-Weichai Group will be buying a majority share of Italian yacht maker, Ferretti Group.
The global electronics market will exceed $1 trillion for the first time, with continued gains for smartphones, tablets and Internet and LED TVs, the Consumer Electronics Association said in its 2012 forecast.
Economic growth has led to an explosion in diabetes cases in India. The public health problem presents an opportunity for both the established multinationals, as well as some smaller American start-ups making their presence felt in the market.
Some of the planet's top automakers are showcasing their latest concepts and models at the 2012 India Auto Expo in New Delhi, as they seek to boost sales in one of the biggest markets in the world, despite the recent slowdown in turnover.
The euro is likely to survive 2012 despite the debt crisis in the euro currency zone, International Monetary Fund Managing Director Christine Lagarde said on Friday.
Shaky Europe. Political gridlock. Volatile markets.
The United States will remain the top choice of most global commercial real estate investors in 2012, but the country has lost ground to Brazil which ranked No. 2 this year, according to a survey released Sunday.
Shaky Europe. Political gridlock. Volatile markets. Familiar themes for those who lived through this year, and investors should be ready to revisit them next year.
European shares were poised to register their biggest annual drop since 2008 on Friday after a year marred by the Eurozone debt crisis that has threatened to drag down the global economy.
Mosaic, a leading North American fertilizer producer, may have won the battle to arrest a plunge in phosphate prices ahead the region's spring planting season, but it still risks losing the war as overseas capacity surges in the coming years.
BlackBerry maker Research In Motion said on Wednesday it has slashed prices on its PlayBook tablet in India in a move aimed at boosting dismal sales for a device that was briefly considered a potential threat to Apple's iPad.
Around this time of year, wanderlust travelers raise a Champagne glass and spin the globe in search of the next great destination for the coming year. What will be the top destinations in 2012? Have a look:
Arriving in Indonesia just a little over a decade ago, Belgium chocolatier Thierry Detournay was dismayed at the lack of quality chocolate on offer in the world's third-largest cocoa producer.
U.S. Rep. Ron Paul, R-Texas, has predicted rising inflation and a collapse of the dollar due to the U.S.’s fiscal and monetary policies, but roughly three years into the economic recovery, inflation remains moderate. And the dollar? It’s holding its own and may strengthen in 2012.
A paradigm shift regarding U.S. energy policy on oil has to occur. No, it won’t occur given the current make-up of the U.S. Congress, but eventually, for energy independence reasons, a paradigm shift is mandatory.
Tourism is a plague that threatens to destroy culture and society.
