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Business 03 Sep 2010 | 12:00 AM

Reclusive Kiwi tycoon unwraps packaging ambitions with US deal

WELLINGTON, New Zealand: The reclusive New Zealand billionaire buying the U.S. maker of Hefty brand trash bags to create the world's second-biggest packaging business started out as a tow truck driver and bounced back from the brink of bankruptcy more than a decade ago to become his country's richest person.

Business 10 Sep 2010 | 12:00 AM

Apple publishes guidelines for app approval

NEW YORK: Apple Inc. on Thursday gave software developers the guidelines it uses to determine which programs can be sold in its App Store, yet it reserved for itself broad leeway in deciding what makes the cut.

Business 04 Oct 2010 | 12:00 AM

Extending the borders of taxation

MODERN-DAY tax systems have moved a long way from those of medieval states where state assets had long been a source of government revenue. Rome had a sixth of its income from state-owned land while Athens and Renaissance Genoa had their own silver and alum mines respectively.

Business 07 Dec 2010 | 12:00 AM

French court: Continental guilty in Concorde crash

PONTOISE, France: A French court convicted Continental Airlines and one of its mechanics in Texas of manslaughter for setting off a chain of events that sent a supersonic Concorde crashing into a hotel outside Paris a decade ago, killing 113 people and marking the beginning of the sleek jet's demise.

Business 23 Dec 2010 | 12:00 AM

Obama sees season of progress at year-end news conference

WASHINGTON: President Barack Obama celebrated a bipartisan season of progress on Wednesday at a year-end news conference marking an up-and-down second year in office that blended a thrashing at the polls, slow progress on the economy and late victories in Congress.

Business 28 Apr 2011 | 12:00 AM

MSC upbeat about TMR’s listing

KUALA LUMPUR: Ace Market-bound Indonesian tin mining operator TMR Ltd is set to be a significant investment to Malaysia Smelting Corp Bhd (MSC) given its offshore mining operations.

Business 14 May 2011 | 12:00 AM

SIS founder Zainah Anwar answers your 10 questions

Zainah Anwar fields the 10 questions posed by our readers.

Business 14 May 2011 | 12:00 AM

Up Close with entrepreneur Robert Hercus

The founder and MD of Malaysia Genomics Resource Centre Bhdgives an insight into how he got involved in the bioinformaticsservice provider.

Business 29 Jun 2011 | 12:00 AM

Nissan CEO's $12M pay gets shareholder scrutiny

YOKOHAMA, Japan: Nissan Chief Executive Carlos Ghosn fielded some tough questions from shareholders about his 982 million yen (US$12 million) paycheck Wednesday, but won approval with no problems for another two-year stint as head of the Japanese automaker.

Business 29 Jun 2011 | 12:00 AM

Combative new IMF chief takes on new challenge

PARIS: Christine Lagarde has traveled tirelessly to save the euro and blazed a trail for women from Chicago to Paris in halls of power long dominated by men.