HTC pays Iron Man star USD 10 million for commercial

HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.


PAL nears completion of joint venture with Cambodia firm

PAL Holdings Inc assistant corporate secretary announced that the joint venture of Philippine Airlines with a Cambodian firm would be finalized this October.

Medtronic acquires Cardiocom for USD 200 million

Medtronic purchased Cardiocom for USD 200 million in cash. Medtronic Inc, the world's largest medical technology company, bought Cardiocom Llc for USD 200 million.

Prime Minister David Cameron supports hydraulic fracturing

In an editorial on the Daily Telegraph, Prime Minister David Cameron gave his backing for hydraulic fracturing.


Latest News

California's legislation to "bottle the sunlight" attracted venture capitalists and other major companies in an energy race to 2020.
Mexico’s policies on making their oil and gas resources hands-off from private companies has lasted 75 years. They now intend to reform these laws, seeing a potential massive growth since its North American Free Trade Agreement (NAFTA) about twenty years ago.
One of the first victims of the Snowden affair was the closure of secure email service provider Lavabit.
The PGA tour is not just about winnings, its about charity given to the communities who host them. In the third round of the PGA Championship, Jason Dufner was holding a two shot lead.
India announced the activation of the atomic reactor of its first nuclear submarine, a first step for the completion of its nuclear triad.
UN General Assembly President Vuk Jeremic lauded the strong growth posted by the Chinese economy. Vuk Jeremic, the President of the United National General Assembly, told Chinese media that the world's second largest economy was among those that posted the strongest growth globally.
Xinhua reported that French drugmaker Sanofi had become the focus of bribery investigations by Chinese authorities.
Private equity executives and analysts said taking BlackBerry private would make sense but it is not a quick fix for the company’s problems.
Apple Inc won an order versus Samsung that would prohibit the South Korean company from importing, selling and distributing its devices in the US.
Pioneer oil driller Chesapeake Energy decided to just drop their claims of retaining land leases after two years of legal battle with landowners.
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