A U.S. court has awarded $920.3 million in damages to Wilmington, Delaware-based chemical giant DuPont (NYSE:DD) after ruling that South Korea's Kolon Industries Inc. had violated trade secrets relating to DuPont's Kevlar fiber, Reuters reported Nov. 23.
U.S. consumer spending growth slowed in October and business capital investment plans were weak, raising questions about expectations for solid economic performance in the fourth quarter.
As the Occupy Wall Street movement moves into a new phase following the Nov. 17 international Day of Action, a host of new groups and old voices are cropping up to protest the protesters.
Peru's government urged opponents of Newmont Mining's proposed $4.8 billion Conga gold mine project to refrain from violence during a protest on Thursday as President Ollanta Humala scrambles to solve the bitter dispute.
Microsoft, the world’s biggest software company, may be preparing for a renewed bid for troubled search engine Yahoo. Microsoft’s $44.6 billion bid for Yahoo was rejected in 2008.
Chinese group Minmetals Resources has extended its $1.3 billion takeover offer for Africa-focused Anvil Mining to December 9, to allow more time to resolve a dispute over contracts with Congo which threatens to scupper the whole deal.
Mozambique has no plans to impose local ownership requirements on its mining industry and it will not seek overly high government stakes in mining ventures that could deter investors, its national director of mines said.
Nigerian President Goodluck Jonathan has sacked the head of the Economic and Financial Crimes Commission (EFCC), a spokesman said on Wednesday, giving no reason.
Julius Genachowski's decision to call the hearing could spell trouble for the $39 billion transaction.
Former Olympus Corp CEO turned whistle-blower Michael Woodford touched down back in Tokyo on Wednesday for a meeting with investigators probing one of Japan's biggest accounting scandals and a showdown with the board that threw him out.
Renewable energy technology is becoming increasingly cost competitive and growth rates are in line to meet levels required of a sustainable energy future, the International Energy Agency (IEA) said in a report on Wednesday.
Former Olympus Corp CEO turned whistle-blower Michael Woodford touched down back in Tokyo on Wednesday for a meeting with investigators probing one of Japan's biggest accounting scandals and a showdown with the board that threw him out.
The parent corporations are considering a public float of Nokia Siemens shares in order to dispose of the struggling subsidiary.
The Federal Communications Commission (FCC) announced that it intends to effectively block AT&T's (NYSE:T) proposed $39 billion acquisition of T-Mobile by referring the matter to an Administrative Law Judge (ALJ) for review.
The failure of the U.S. Congressional Super Committee to reach a deal on reducing the budget deficit by $1.2 trillion over 10 years implies that uncertainty over defense spending is set to continue in to 2012.
Former Olympus Corp CEO Michael Woodford said on Wednesday that Tokyo police were best able to get to the truth behind one of Japan's biggest accounting scandals, as speculation mounts of possible links to organised crime.
Stock index futures pointed to a weaker open for equities on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.5 to 0.8 percent.
Gold prices have recouped its losses as the failure of the U.S. congressional committee to reach a deal on reducing the budget deficit and the ongoing eurozone crisis brought back the bargain hunters.
World stocks hit their lowest in six weeks on Wednesday and crude prices fell after and manufacturing in regional heavyweight Germany contracted for a second straight month in November, and at a faster rate, as export demand slumped.
The top after-market NASDAQ Stock Market gainers are: TiVo, Novellus Systems, Casual Male Retail Group, Canadian Solar, and Applied Materials. The top after-market NASDAQ Stock Market losers are: Diamond Foods, Netlist, Gulfport Energy, Sangamo Biosciences, and Expedia.
Chinese factories battled with their weakest activity in 32 months in November, a preliminary purchasing managers' survey showed, reviving worries that China may be skidding toward an economic hard landing and compounding global recession fears.
Russian high-end jewelry brand, Fabergé has unveiled its first store in London after nearly a century-long gap.
