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US consumer spending fell for first time in 8 months in September
WASHINGTON DC, United States - US consumer spending, for the first time in eight months, fell in September, suggesting that the world's largest economy was losing some momentum heading into the ...
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Chinese aircraft leasing company reportedly buying more than 100 A320s from Airbus
TOULOUS, France - The European aircraft manufacturing giant Airbus is reportedly in talks with China Aircraft Leasing Group Holdings for a potential order for around 100 A320s, worth around US $9-11 ...
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Rebel holding key Libyan oil ports remains loyal to central government
TRIPOLI, Libya - A former Libyan rebel leader, who seized several key oil ports in country to campaign for eastern autonomy following the fall of Muammar Gaddafi, has said he has turned down an ...
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Royal Caribbean and Carnival left without CEO following promotions
MIAMI, Florida - There have been a spate of executive promotions in the cruise industry recently that have left the two largest and most profitable cruise lines without a CEO. Gerry Cahill, ...
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Falling oil price means higher operating profits for container lines
HONG KONG, China - Falling oil prices are significantly benefiting shipping lines in the short-term, enabling them to pay down some of the red ink accumulated over the last five years, but ...
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Movie Review
![The War of the Roses [DVD]](https://web.archive.org/web/20141102081936im_/http://www.businesssun.com/MoviePosters/WaroftheRoses.jpg)
The War of the Roses [DVD]
The War of the Roses is narrated by Gavin D'Amato (Danny DeVito), a high-price lawyer who tells the story to a prospective client who wishes to begin divorce proceedings. Gavin's fee is $450 an hour, but he offers to tell this particular story off the clock. And, as he puts it, when someone who makes $450 an hour offers to tell a story for free, you better listen. The story Gavin tells is o ... ...
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'In-flight anomaly' leads SpaceShipTwo to crash during test flight
MOJAVE, California - Virgin Galactic's SpaceShipTwo crashed during testing Friday, killing at least one person after the space tourism spacecraft crashed in the Mojave desert due to an "in-flight ...
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Wage gains for US workers in some sectors beginning to show
WASHINGTON - Labour costs for US workers are beginning to move up with 0.7 percent increase in compensation costs for civilian workers being recorded in the third quarter this year, matching the ...
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Sales grow but Sony posts loss in September quarter
TOKYO - Japanese consumer electronics giant Sony Corporation Friday reported a net loss of 136 billion yen ($1.2 billion) July-September quarter despite the company posting 1.9 trillion yen ($17.45 ...
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Omega Healthcare Investors acquiring rival Aviv for $3 billion
NEW YORK- Omega Healthcare Investors, Inc., a leading real estate investment trust that provides financing to the long-term care industry, Friday entered into a definitive agreement to acquire ...
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Android founder Rubin leaving Google for startup incubator
NEW YORK - Andy Rubin, Google's robotics head and founder of Android mobile software, is leaving the internet giant to launch a new incubator for hardware startups, according to the Wall Street ...
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Rising inflation makes Russia raise interest rate to 9.5 percent
MOSCOW - Russia's central bank has raised its key interest rate to 9.5 percent from 8 percent as it seeks to tackle inflation. The move did little to stabilize the currency, which rebounded ...
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Apple CEO Tim Cook publicly acknowledges he is gay
WASHINGTON - Apple CEO Tim Cook on Thursday publicly acknowledged he is gay, becoming the highest profile chief executive to come out. The 53-year-old Alabama native broke his years of silence in ...
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Motorola Mobility acquisition completed by Lenovo
BEIJING/ WASHINGTON - Chinese computer maker Lenovo on Thursday announced completion of $2.91 billion acquisition of Motorola Mobility from Google, a move that will enhance its position in the US ...
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Xiaomi overtakes Lenovo, LG to become third largest selling smartphone
BEIJING- A relatively unknown Chinese smartphone maker Xiaomi, which started selling phones just three years back, has overtaken Lenovo and LG Electronics to become the third largest smartphone ...
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Curtin University team working to make driverless cars more affordable
SYDNEY - Driverless cars could become affordable to most people within the next decade all due to a new 'eyes and ears' technology developed by researchers from Curtin University in Perth. The ...
News Releases
The Business Sun.com News Release Publishing Service provides a medium for circulating your organization's news.Hotel Review
![Le Meridien Noumea, New Caledonia](https://web.archive.org/web/20141102081936im_/http://www.businesssun.com//hotel/734da28bc0f05ea4.gif)
Le Meridien Noumea, New Caledonia
This deluxe hotel is reputedly the finest in New Caledonia. The drive from Tontouta international airport is 45 minutes and ...
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Sales grow but Sony posts loss in September quarter
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- Chinese aircraft leasing company reportedly buying more than 100 A320s from Airbus
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- US consumer spending fell for first time in 8 months in September
- Chinese aircraft leasing company reportedly buying more than 100 A320s from Airbus
- Rebel holding key Libyan oil ports remains loyal to central government
- Royal Caribbean and Carnival left without CEO following promotions
- Falling oil price means higher operating profits for container lines