Thailand’s boom: To the northeast, the spoils
UDON THANI, Thailand (Reuters) – Steel girders jut from the low skyline of the Thai city of Udon Thani near the Laos border as workers lay cement for a new shopping mall, one of many illustrating a boom in the Thai economy beyond the bright lights of B…
Google’s Project Loon explores balloon-powered Internet access
(Reuters) – Google Inc has launched a small network of balloons over the Southern Hemisphere in an experiment it hopes could bring reliable Internet access to the world’s most remote regions, the company said late Friday.
Google’s Project Loon explores balloon-powered Internet access
(Reuters) – Google Inc has launched a small network of balloons over the Southern Hemisphere in an experiment it hopes could bring reliable Internet access to the world’s most remote regions, the company said late Friday.
Wal-Mart taps Cash as new presiding director, replacing Breyer
(Reuters) – Wal-Mart Stores Inc said on Saturday that its board has appointed James Cash Jr. as lead independent director.
Aetna to exit California’s individual insurance market
(Reuters) – Aetna Inc said on Saturday it has notified California’s insurance regulator that it plans to stop selling health policies to individual consumers in the state at the end of 2013.
Tesco stops sourcing from a Bangladesh factory due to safety concerns
LONDON/DHAKA (Reuters) – Tesco, the world’s No. 3 retailer, has stopped sourcing clothes from a factory in Bangladesh after discovering serious problems with the safety of the site, the company said on Saturday.
Spain’s Rajoy calls on ECB to create bank lending scheme for smaller companies
MADRID (Reuters) – Spanish Prime Minister Mariano Rajoy on Saturday called on the European Central Bank to create a cheap funding scheme for small businesses, mirroring those used by authorities outside the euro zone to try and get credit flowing via b…
Amplats workers end underground protest at South African mine
JOHANNESBURG (Reuters) – Anglo American Platinum said on Saturday operations at its Thembelani mine in South Africa were back to normal after a “group of employees” on Friday prevented 2,400 workers from going above ground.
BOJ’s REITs purchase to exceed previous estimate: paper
TOKYO (Reuters) – The Bank of Japan will likely expand its purchase of Japanese real estate investment trusts (J-REITs) beyond its buying scheme announced earlier this year as part of the central bank’s hyper easing steps, the Nikkei business daily sai…
Mitsubishi Motors eyes new Indonesian plant
TOKYO (Reuters) – Mitsubishi Motors Corp is considering boosting output capacity in Indonesia and possibly building a new plant there to capitalize on brisk demand in emerging Asian economies.