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LONDON: British Airways and Iberia have identified 12 airlines as potential takeover targets once their own tie-up is finalised, as they bid to create the world’s biggest carrier, newspapers reported yesterday.

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20. BA-Iberia eyes other airlines

BEIJING: East Asia is the world’s electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it compet…

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8. Taiwan’s HTC aims to be iPhone’s ‘quiet’ challenger

WELLINGTON, New Zealand: The reclusive New Zealand billionaire buying the U.S. maker of Hefty brand trash bags to create the world’s second-biggest packaging business started out as a tow truck driver and bounced back from the brink of bankruptcy more …

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20. Reclusive Kiwi tycoon unwraps packaging ambitions with US deal

SAN FRANCISCO: The showdown over 3Par Inc. that ended Thursday was a puzzling spectacle. It pitted two of the world’s biggest technology companies against each other for control of a company that was obscure outside of technology circles and flat-out u…

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5. The US$2bil showdown between two of the world’s biggest technology companies

NEW YORK (AP) — Shares of Burger King Holdings Inc., the world’s second largest hamburger seller after McDonald’s, soared nearly 17 percent Wednesday after published reports said the fast food chain was in talks to be acquired by a private equity…

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1. World’s 2nd largest hamberger seller considers selling company

PETALING JAYA: With most companies having reported their second-quarter results, traders and investors would do well to be conservative given the looming threat of a double-dip in the world’s largest economies, analysts said.

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5. Analyst: M’sian stock market technically positive amid global uncertainties

SEOUL: Posco, the world’s No. 3 steelmaker, is considering buying Elkem, a Norwegian maker of silicon for solar panels owned by pizza-to-aluminium conglomerate Orkla ASA, its CEO said yesterday.

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20. Posco considers buying silicon maker Elkem

CURRENTLY there is a hype among top mining giants to acquire fertiliser-related businesses, an industry ignored for the past two decades but gaining interest on concern over the world’s food security amid the scarcity of food-based crops.

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17. Fear of global fertiliser cartel formation

REVIEW: Overnight US equities slipped for the second straight session, pulling the closely-watched Dow down 57.59 points to 10,213.62 the previous Friday due to persistent worries the pace of recovery in the world’s largest eco…

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15. Winning streak to continue

BEIJING: China has just been declared the world’s second biggest economy, and now it has a monster traffic jam to match.

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8. China’s growth brings traffic jams – at one point 60mi long