Vodafone buys out Essar from India unit for $5 bn

British mobile phone giant Vodafone is taking full control of its Indian joint venture by buying out its local partner Essar Group, a statement said Saturday, ending a troubled relationship.

Ex-Nokia engineers launch new smartphone (Update)

Engineers who used to work for Nokia are hoping to grab a share of the lucrative and highly competitive smartphone market with a new handset, which is based on the former world No. 1 cellphone maker's old software and is ...

China solar industry rejects US anti-dumping probe

Chinese solar panel makers on Tuesday rejected an anti-dumping complaint filed in the US by competitor SolarWorld, saying it risked "seriously hindering the development of green energy."

Yes, AT&T, it pays to win back lost customers

The competition for customers in the service sector is fierce, and new customers are entering the market all the time. So when a company such as Time Warner, Travelocity, or AT&T loses a customer, is it worth it to try to ...

EU defends action against Intel after report leaked

The EU Commission on Saturday defended its record-busting anti-trust action against Intel, following a report that it missed evidence which could have boosted the US computer chip giant's case.

Nokia share price plummets as it lowers outlook

The world's top mobile phone maker Nokia on Tuesday downgraded its second quarter outlook, saying sales would be far lower than expected and that it could no longer give a full-year forecast.

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