Carrefour Increases Donations To Sichuan To RMB23 Million

Jose Luis Duran, president of the French Carrefour Group, told Sina.com in Beijing that the group would donate another RMB20 million to Sichuan relief operations.
So far, Carrefour has donated RMB23 million to the disaster areas. It is also the largest amount contributed by a French company in China. Duran says that the Wenchuan earthquake is [...]

The Wolseley restaurant looking for new sites in America and India

The owners of one of London’s most successful restaurants, The Wolseley, are looking for a site in New York as part of plans to take the brand international.
Following a cash injection two years ago from Dawnay, Day - the London-based private equity group - Jeremy King and Chris Corbin, the brains behind the Piccadilly restaurant, [...]

Petronas to Pay $2.51 Billion for LNG Project Stake

May 29 (Bloomberg) — Petroliam Nasional Bhd., Malaysia’s state oil company, agreed to pay $2.51 billion to buy a 40 percent stake in Santos Ltd.’s proposed liquefied natural gas project in northeast Australia to tap rising demand for the fuel.
Petronas, Asia’s biggest LNG producer, will make an initial cash payment of $2.01 billion, plus a [...]

Microsoft Touts Touch-Screen Feature for Windows

CARLSBAD, Calif. — Microsoft Corp. offered a glimpse of the next version of its Windows operating system, demonstrating a touch-screen technology that could spawn a new class of personal computers in coming years.
But the demonstration, coming at least 20 months before the software is expected to be released, also highlights the perception that the current [...]

Nokia’s Korean plans keep LG on the edge

LG ELECTRONICS, the world’s No 4 handset maker, is closely watching rival Nokia amid talk the top-ranked mobile phone maker may cut its prices and re-enter the South Korean market later this year.
Shares in LG Electronics tumbled more than 8% on Monday as investors gauged the impact of potential price cuts by Nokia. But [...]