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Business


Burberry hits record high
Friday, 16 July 2010
The British luxury group Burberry said it will buy the stores in China currently operated by its franchisee for 70 million pounds, sending its shares to a record high.
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BP shares jump after leak stopped
Friday, 16 July 2010
BP's shares have been rallying after the British oil giant said on Thursday it had stopped the leak, at least temporarily, with a tight-sealing containment cap.
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Time to Cut the Cable?
Friday, 16 July 2010
With options like Netflix and Hulu, is it finally time to cut out cable tv?
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Sony Ericsson smartens up
Friday, 16 July 2010
A strategy of revamping its smart phone portfolio is helping Sony Ericsson to a forecast-beating profit for the second quarter.
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Migrant workers abandoned in UAE
Friday, 16 July 2010
As the United Arab Emirates is hit by the economic downturn, some migrant workers are being abandoned after their companies go bankrupt.
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