Business

December 14, 2011

Apple founding papers sold at auction for nearly $1.6m

Apple's founding papers have been sold at auction for $1,594,500 (£1.03m). Sotheby's had estimated the three typed partnership agreements would sell for between $100,000 and$150,000. The documents were signed by the firm's three co-founders, Steve…

December 13, 2011

Gingrich’s ‘mind boggling’ tax plan

Every Republican presidential hopeful has a plan to cut taxes. But one candidate's plan has…

December 13, 2011

Asian chipmakers fall after Intel cuts sales forecast

Shares in Asian makers of computer chips fell on Tuesday, after Intel cut its revenue forecast. Intel, the world's largest maker of microprocessors, said on Monday it was due to a shortage of hard disk drives. Severe flooding in Thailand, which has…

December 13, 2011

Euro pact faces UK hurdle, ebbing market faith

Doubts rebounded yesterday over Europe’s ability to solve its debt crisis and rescue the imperiled euro, as investors worried that plans for closer fiscal unity will bring little immediate relief and exposed the continent’s deep political…

December 13, 2011

WTO brings changes to foreign trade companies

With both delicate hand-carving and efficient machinery, a Chinese furniture and arts and crafts exporting company is trying to shape the industry. After ten years in the business, the owner, Yu Heqin, is busy designing new products in the hope…

December 13, 2011

Occupy protests disrupt ports across US West Coast

Hundreds of anti-Wall Street protesters have blocked gates and delayed lorries at three ports on the US West Coast. The partial shutdown of harbours in California, Oregon and Washington states resulted in a handful of arrests, but no major…

December 12, 2011

China’s president promises to increase trade imports

China's President Hu Jintao has promised to increase imports, in an effort to…

December 12, 2011

Clegg warns European veto ‘bad for Britain’

Deputy Prime Minister Nick Clegg says David Cameron's veto of EU treaty changes was "bad for Britain" and could leave it "isolated and marginalised". But he blamed French and German "intransigence" and pressure from Eurosceptic Conservatives for…

December 12, 2011

Japan extends tax breaks on fuel-efficient vehicles

Japan has extended tax breaks for fuel-efficient vehicles, in a bid to help its struggling domestic car industry. Originally scheduled to expire in April, the incentive will continue until April 2015. Japan's domestic car sector has been hit by…

December 12, 2011

Digicel’s revenues up 16 per cent

Digicel, the Caribbean’s largest mobile telephone service provider with operations also in Central America and the Pacific, reported strong financial performance for the six months ended September 30, 2011. Digicel Group Limited—which comprises…