The truth behind Foxconn's big promises

Analysts say it is a case of over-promise and under-delivery.  It was Vietnam in 2007, Brazil in 2009, Indonesia in 2012, and now, India. Foxconn, the world's largest contract manufacturer of......

Warren Buffett to buy Duracell from Procter & Gamble

Warren Buffett's Berkshire Hathaway Inc said that it would buy Procter & Gamble Co's Duracell battery unit in a stock swap, taking over a business the billionaire has supported for nearly two......

Lenovo buys IBM's server business at $2.3 bn

Lenovo, the world’s largest personal computer maker, agreed to buy IBM Corp’s  low-end server business in a long-awaited deal valued at about $2.3 billion, the biggest-ever tech......

Intel plans online TV service as PC chip sales wane

Top chipmaker Intel Corp plans to launch an Internet television service this year with live and on-demand content, entering a hotly competitive race as its core PC business erodes.Shifting into an......

Italian soccer in dire state as television weighs options

When Italy's cash-strapped soccer clubs meet on Monday to prepare for a new deal on broadcast rights, their deliberations will be coloured by the unhappy knowledge that Italian football is in a......