-
Board approves News Corp split into two entities
WASHINGTON - Rupert Murdoch's News Corporation Friday announced the planned separation of the $76-billion conglomerate into two distinct publicly traded companies, with one to be renamed 21st Century Fox and the publishing firm to retain the News Corp brand. The split has been formally approved by the Board of Directors. The Company announced appointments to the Boards of Directors of both ...
-
China to allow US auditors access to records of Chinese firms
BEIJING - Chinese regulators Friday announced that they have signed a memorandum of understanding with their US counterparts giving American authorities increased access to documents from Chinese audit firms. The signing of the MOU between China Securities Regulatory Commission (CSRC), the Ministry of Finance (MOF) and the US Public Company Accounting Oversight Board (PCAOB) is a significant ...
-
Croatia looking to oil exploration in Adriatic Sea to revive economy
ZAGREB/LONDON - Croatia, soon to become the 28th member of the European Union,- is looking to undiscovered oil and gas fields in the Adriatic Sea to revive its ailing economy, according to the country's president. Ivo Josipovic told CNN that Croatia is searching for partners in the energy sector to help reveal oil and gas "green fields" in the waters that separate the Balkan nations and ...
-
Amazon ventures into fan fiction promotion
WASHINGTON - Amazon, the largest online retailer of books, movies, music and games, Friday offered its Kindle e-book platform to fan fiction authors to sell some of their work. Fan fiction is literature inspired by popular books, shows, movies, comics, music, and games. Publication outside of blogs and online fanzines is often difficult because of copyright issues. Amazon Publishing has ...
-
China central bank report promises financial sector reforms
BEIJING - China is planning to steadily push forward market-oriented reform in its interest rates and exchange rates mechanisms this year as part of the financial sector reforms to better serve the real economy, a central bank report said on Friday. The "China Financial Stability Report (2013) released by the People's Bank of China stressed that it would be steadily promoting the interest ...
16°C Clear
Winds: From the North at 4 MPH
Movie Review
Targets [DVD]
Peter Bogdanovich was a film critic and writer for Esquire when low-budget producer Roger Corman asked him to make his first feature film. Bogdanovich had less than a month and $125,000 to make the feature, and he had to incorporate footage from a 1963 Corman-produced horror flick called The Terror and use screen veteran Boris Karloff, who had starred in The Terror and owed C ... ...
On Facebook
-
New US meat labeling rules upsets Canada
OTTAWA - Canada has threatened "retaliatory measures" against the United States move changing the so-called country of origin labeling that would track beef and hogs through the meat processing and distribution systems, stating that it is discriminatory, a view shared by the World Trade Organisation. On Thursday, the United States Department of Agriculture issued a final modification to its ...
-
Twitter beefs up security with two-step login
NEW YORK - Aiming to tackle recent high-profile breaches, popular micro-blogging site Twitter is introducing an optional two-step login for users to beef up security. The new system would try to ensure "it's really you" when a user signs in to Twitter, which transmits some 400 million messages a day. The move follows recent attacks into the twitter accounts of news organisations' such as ...
-
Royalty Pharma takeover bid fails to find Elan ecceptance
DUBLIN/ WASHINGTON Ireland-based biotechnology firm Elan Thursday rejected Royalty Pharma's increased $6.4 billion takeover bid, shortly after the U.S. firm cut the acceptance bar for its latest offer to 50 percent plus one share. Royalty raised its hostile cash bid to $12.50 per share on Monday, from $11.25 previously, but made the new offer conditional on Elan shareholders rejecting, at a ...
-
Wockhardt shares plunge 20 pc on USFDA import alert
MUMBAI - Shares of Wockhardt, one of the leading Indian pharmaceutical and biotechnology companies, witnessed a sharp fall of 20% to Rs. 1,315 ($23.61) on the Bombay Stock Exchange(BSE) on Thursday after the US FDA published an import alert on one of its three manufacturing facilities near Aurangabad. The import alert, 'detention without physical examination of drugs from firms which have ...
-
2 Ford units to be shut in Australia in Oct 2016
MELBOURNE - Ford Motor Company Wednesday announced plans of closing its local manufacturing operations in Broadmeadows and Geelong in October 2016 thereby forcing 1,200 people out of work. Spelling the end of the iconic Ford Falcon in the country, Ford Australia president Bob Graziano announced that the carmaker would shut its Victorian facilities in October 2016, bringing an end to nearly ...
They Said It
We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.
Barack Obama
The U.S. president was speaking on his administration's counter terrorism policy.
Hotel Review
Beach Rotana Hotel & Towers
I could not find the Web site for this hotel, and it was not listed on any of the Internet ...
Keep readingNews Survey
The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?
Business Sun
Business Sun | Breaking Business NewsBreaking news from the Business world. This online newspaper has an extended scope, and also includes international news stories, and updates from global markets.
In addition to our own resources, we take news from contracted wire services. We also spider external news sites on an hourly basis, 24 hours a day, seven days a week to ensure our news is continually updated and refreshed.
For parties that require Business news headlines on their Web site we are happy to oblige, and have provided RSS feeds for this purpose. For readers wanting a daily email update of Business news delivered to their inbox, we provide this service on a daily basis, and it is complimentary.
We welcome your feedback. If you have any comments or suggestions about the Business Sun please forward them by using our Contact Us form.
- Twitter beefs up security with two-step login
- Facebook doesnt excite teens anymore
- Video Senators fans go pantless in Rihannaing Twitter trend
- Tables turned Facebook hit with social media campaign over sexist content
- Is Google Angling To Outbid Facebook For Waze
Subscribe to our Newsletter
Get the latest Business Sun headlines delivered to your inbox.

