SAN FRANCISCO - Facebook unveiled what is expected to be Silicon Valley's largest ever initial public offering, but made it clear to outside investors that they will have little voice in its running, as founder and CEO Mark Zuckerberg will continue to exercise almost complete control.
DALLAS — The parent of American Airlines wants to eliminate about 13,000 jobs — 15 percent of its workforce — as the nation's third-biggest airline remakes itself under bankruptcy protection.
BANGKOK, Feb 1 - The international rice trade is forecast to fall by approximately 1 million tonnes, or 5 per cent, this year as improved harvest prospects in several major importing countries may reduce overall demand after achieving a worldwide record of 34.5 million tonnes (milled basis) in 2011, according to the United Nations' Food and Agriculture Organization (FAO).
DAVOS, Switzerland, Jan 28 -- Thai Prime Minister has convinced international business leaders that Thailand has prepared plans to prevent future flood crises and that the country has potential to be centre of the Association of Southeast Asian Nations (ASEAN) ready to offer investment privileges.
BANGKOK, Jan 27 – An opinion poll released Friday found that a substantial majority of respondents--77 per cent, or three out of every four persons polled--oppose the government idea of selling shares of PTT Plc, the state-owned oil and gas conglomerate, which would effectively privatise the state enterprise.
BANGKOK, Jan 27 -- More workers are expected to be unemployed after last year’s flood crisis reduced forward purchase orders for some factories while others shifted their production to other provinces to avoid a repetition of flood problems, according to a senior labour official.
TORONTO/LONDON - The new leader at Research In Motion on Monday dismissed talk of drastic change at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.
BANGKOK, Jan 22 – Over thirty-seven per cent of respondents hoped that the cabinet’s reshuffle would improve the government’s work efficiency, according to a survey released on Sunday.
BANGKOK, Jan 11 – The Thai Shrimp Association on Wednesday announced its projection that this year’s overall Thai shrimp production will increase by 10-20 per cent, valued at some Bt120 billion.
BANGKOK, Jan 7 -- Deputy Prime Minister and Commerce Minister Kittirat Na Ranong affirmed Thailand's economy remained strong, despite the country facing a massive flood crisis late last year, and he was confident the Gross Domestic Product (GDP) could expand more than 7 per cent this year.
LONDON/MUMBAI (Reuters) - Global manufacturing activity was subdued going into 2012, with the euro zone's industrial sector suffering its fifth straight month of declines in December and Asian factories mostly stuck in a rut.
BANGKOK, Nov 22 –Thai exports in October were valued at US$17.19 billion, only 0.3 per cent growth, the lowest reported in two years, said Deputy Commerce Minister Siriwat Kajornprasart, crediting the decline to the recent severe flood.
BANGKOK, Nov 21 - Thailand's flood crisis is likely to slash 2011 gross domestic product (GDP) to only 1.5 per cent, even further from the previous forecast of 3.5-4 per cent, according to the Office of the National Economic and Social Development Board (NESDB).
While Thailand’s floods offer a golden opportunity for automakers to diversify their investment across the region – hunting down cheaper suppliers in nearby Vietnam or Indonesia – the kingpin of the Thai market, Toyota, has no plans to go anywhere.
TOKYO, October 25, 2011 - Japanese high-tech giant Canon said Tuesday it had lowered its annual forecast as it grapples with a historically high yen, a slowing global economy and the impact of heavy flooding in Thailand.
KUALA LUMPUR, October 25, 2011 - Japanese auto giant Honda halted production at its Malaysian plant Tuesday due to disruption to its supply chain caused by devastating floods in neighbouring Thailand.
TOKYO, October 21, 2011 - Leading Japanese automaker Toyota said Friday its three factories in Thailand will stay closed for another week due to the effects of severe flooding.
SAN FRANCISCO, October 18, 2011 - Silicon Valley star Sean Parker said Monday that Facebook would have to blunder in a big way for Google's social network to steal its crown.
TOKYO, October 14, 2011 - Toyota on Friday said it would extend a production halt in Thailand through October 22 due to parts supply constraints as a result of the country's worst flooding in decades.
TOKYO, October 12, 2011 - Toyota on Wednesday said production at its three Thailand plants would be halted until at least Saturday, with the operations of many Japanese firms crippled by the country's worst flooding in decades.