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Business

European markets end lower Tuesday

European shares closed lower Tuesday, restrained by declines in oil companies and a stronger euro, though improved earnings forecasts gave a lift to Alcatel and L'Oreal.

AseanPlus News

NKF boss paid yearly salary of RM1.3m

The chief executive of Singapore's biggest charity group withdrew a defamation suit yesterday after being forced to reveal his annual salary of about S$600,000 (RM1.3mil) local media reported.

Business

Lacoste wins over Singapore firm on using crocodile logo in China

French sportswear maker Lacoste has won a round against a Singapore rival in a court battle over which company can use a crocodile logo on its clothing in China, a news report said Wednesday.

Business

European antitrust regulators search offices of Intel

European regulators raided Intel Corp. offices in Britain, Germany, Spain and Italy, two weeks after rival U.S. chipmaker Advanced Micro Devices filed lawsuits in Japan and the United States claiming Intel violated antitrust rules.

Business

US stocks extend their advance Monday

US extended their advance Monday on news of dropping oil prices and a bevy of corporate mergers. Oil prices fell for the third straight day, dropping more than $1 a barrel after Hurricane Dennis missed key Gulf of Mexico refineries, avoiding a disruption in fuel supplies.

Lifestyle

Financing company sues Michael Jackson for US$48m

A financial company specialising in asset acquisition sued Michael Jackson on Monday, saying it is owed US$48 million (euro40 million) in fees for rescuing the singer's stake in the publishing rights to songs by the Beatles.

Business

Disney and two disgruntled directors agree to truce

The Walt Disney Co. and two ex-directors who have waged a bitter two-year fight have agreed to a truce, including dropping a contentious shareholder lawsuit challenging the selection of the company's new chief executive officer.

Business

Pen-based computing pioneer says Microsoft conspired to 'kill' his company

The inventor of one of the precursors to handheld devices - an operating system that enabled computer users to write with a pen instead of a keyboard - long suspected Microsoft Corp. of crushing his business.

World

Applebee's says worker's thumb may be clue to suit

NEW YORK (Reuters) - Restaurant chain Applebee's International Inc. said a worker accidentally cut the

World

Applebee's says worker's thumb may be clue to suit

NEW YORK (Reuters) - Restaurant chain Applebee's International Inc. said a worker accidentally cut the