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Hutchison Resubmits Bid For Debt-Laden Irish Telecom

Orange Austria, 3, Hutchison
Hong Kong-based diversified holding company Hutchison Whampoa Ltd. (Hong Kong: 0013) resubmitted its ?2 billion ($2.62 billion) cash bid for Dublin-based Eircom Group Ltd., the closely held fixed, mobile and broadband telecommunications services provider.
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An employee works on an assembly line of Toyota Motor Corp's hybrid car "Prius" at Tsutsumi plant in Toyota Dec. 9 2011

Toyota April Car Sales Rise 11% On Strong Hybrid Demand

Toyota Motor Corporation (NYSE: TM) U.S. April sales rose 11.6 percent, despite fewer selling days than the previous year, as consumer demand for hybrid vehicles like the Camry Hybrid and Prius remained high, the company reported Tuesday.
2012 Honda Civic Hybrid

Honda April Sales in US Slip Slightly, Civic Hybrid Gains Big

Honda Motor Company Limited (NYSE: HMC) said Tuesday that U.S. sales last month fell 2.2 percent because of three fewer selling days than in April 2011, but on a selling-day adjusted basis sales actually jumped 10 percent on strong demand for Accord and Civic hybrids.
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Fashion 101: Three Online Brands Offer Their Recipes For Success In The Digital Space

Stunning clothes, exotic models and fabulous parties might sound like fun and games but peel back the glamorous layers and you quickly see that fashion is serious business. A serious billion dollar business, to be precise. Three brands offered up their recipes for success in the digital space to IBTimes Fashion & Life. Here is what they said.
M & A

Mergers, Acquisitions Increase: Sunoco, Delta, Payless Shoe

Mergers and acquisitions are on the upstream as low interest rates, rising business and consumer confidence plus depressed prices for some assets have companies seeking buys that will allow them to expand or cut costs through synergy.
iPhone 5 Features - Apple Develops NFC Patent For Gift-Giving Through iTunes

iPhone 5 Feature? Apple Introduces NFC Patent For iTunes Gift-Giving [PICTURES]

Recently-granted patents suggest Apple will implement a near-field communication (NFC) chip into its sixth-generation iPhone -- presumably called the iPhone 5 -- but in addition to sending and receiving payments from customers to merchants, Apple will also reportedly use this chip to send and receive gifts from one iPhone to another.
Ferrari

Italian Tax Police Recover ?6 Billion in Evasion Crackdown

The country's tax police said they caught more than 2,100 people who had failed to pay their taxes for at least a year, including a car dealer who ran his business out of his home and an accountant who concealed 13 million euros in taxes.

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