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Kia Posts 61% Profit Surge on Strong Sales Growth

Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales.

Samsung Posts 83% Profit Jump on Chip, LCD Sales

Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength

Google Sounded False Alarm About China Blockage

Google Inc. triggered a false alarm Thursday by posting a notice that its search engine and several other services had been cut off from mainland ...

Twitter-Crazed Japan Claims 20 Billionth Tweet

Twitter's 20 billionth message didn't make much sense, but it spoke volumes about the rapid global growth

Toyota Recalls 412,000 Cars for Steering Parts Cracks

Toyota is recalling 412,000 passenger cars, mostly the Avalon model, in the U.S. for steering problems in which three accidents have been reported

China Okays Geely's Volvo Purchase Without Conditions

Geely Holding Group has received final Chinese government approval to acquire Volvo Cars from Ford Motor Co., the Commerce

Nissan Returns to Profit on Global Rebound

Nissan Motor Co. veered back into the black in its latest quarter as global car sales rebounded while its smaller rival Mitsubishi Motors Corp.

Sony Returns to Profit on Playstation 3, PC Sales

Sony bounced back to profit last quarter and raised its full-year earnings forecast, fueled by stronger demand for its PlayStation 3 gaming consoles

Panasonic Returns to Profit, Buys Out Sanyo

Panasonic is planning to take 100 percent ownership of its subsidiaries Sanyo Electric and Panasonic Electric Works

Siemens Reports 4% Revenue Growth

A strong increase in orders in a recovering economy helped push earnings at Siemens AG 9 percent higher

Hyundai Motor Profits Soar 71% to Record

Hyundai Motor Co.'s second-quarter net profit soared 71 percent to a record high as both sales revenue and volume rose.

Amazon's Lighter, Cheaper Kindle Adds Wi-Fi Access

Jeff Bezos isn't just confident you'll want a Kindle e-book reader. The CEO of Amazon.com is bracing for a future in which you'll also want ...

Japan Retail Sales Up 3.2% in June As Growth Slows

Japan's retail sales in June rose for the sixth straight month, but the pace of growth is slowing.

Toyota Shifts Focus to Emerging Markets

Toyota has set its sights on getting half of its sales from areas other than Japan, Europe and the United States, a senior company official ...

Toyota Prius Tops Japan Sales for 15th Straight Month

Toyota's Prius topped Japan sales rankings in July for the 15th straight month, getting a perk from incentives for green cars and helping Japanese

Private Sector Hiring, Service Growth Boost Stocks

Stocks climbed Wednesday after key reports on private sector hiring and the services industry provided reassurances that the economy

Time Warner Profits Rise on Ad Rebound, Box Office

A rebound in advertising markets and strong box office results helped lift Time Warner Inc.'s second quarter profit 7 percent, the media conglomerate

AOL Posts $1 Bil. Loss of Writedowns, Lower Sales

Internet company AOL Inc. said Wednesday a $1.4 billion accounting charge pushed the company to a $1 billion-plus net loss in the second quarter.

Asia Mixed, Europe Falls on U.S. Recovery Data

World stocks mostly fell Wednesday after more disappointing economic news reinforced concerns about the U.S. economic recovery ahead

Toyota Posts $2.2 Bil. Profit As Global Sales Recover

Toyota reported a quarterly profit of $2.2 billion, reversing from red ink a year earlier as the world's top automaker benefited from a global sales

Torch Will Help Blackberry Preserve Status Quo

BlackBerrys still fly off the shelves. They still convey the message that their owners mean business — that they're people who are important enough

RIM in Talks with India Over Access to Blackberry Emails

BlackBerry maker Research in Motion Ltd. says it has not agreed to heightened surveillance of its corporate clients by the Indian government

Most Carmakers Post Higher U.S. Sales for July

Most automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns

Sober Fed Assessment Dampens Wall Street Mood

Investors cashed in some of their recent gains Wednesday after the Federal Reserve gave them more confirmation that the economic recovery is slowing.

Coach Profits Jump As China Stores Open

A sharp in increase in sales in North America and Asia helped Coach's fourth-quarter net income rise 34 percent, the luxury handbag

GM China July Sales Rise 22%, Ford Falls

General Motors' China revenues grew 22% in July on the strength of Chevy sales. Rival Ford Motor Co's local sales fell 6.3%.

Asia Stocks Continue Rising, Europe Slips

European stock markets mostly fell Tuesday after big gains in the previous session while the euro spiked to a fresh three-month high

BMW Pofits Surge to $1.1 Bil. as China Sales Double

Second-quarter earnings at luxury car maker BMW AG surged to euro834 million ($1.1 billion) as better selling prices and robust demand in China

Kenny Huang Bids for Control of Liverpool

Chinese businessman Kenny Huang has offered to buy Liverpool's $374 million debt from a British bank in an attempt to end Tom Hicks' and George ...

HSBC Profits Double to $6.8 Bil.

British bank HSBC Holdings PLC said Monday that its first-half net profit more than doubled to $6.76 billion as provisions

BNP Paribas Profits Surged 31% on Retail Growth

BNP Paribas SA said Monday its net profit soared 31 percent in the second quarter as steep retail banking gains in France and the Benelux ...

China Car Sales Up 17.2% in July As Growth Slows

Auto sales growth in China, the world's biggest market, weakened further in July, data showed Monday.

China Manufacturing Growth Continues Gradual Slowing

Expansion of Chinese manufacturing activity slowed for the third month in July, as production, new orders and purchasing prices all declined

World Stocks Rise on Growing Recovery Confidence

World stock markets mostly rose Friday after another batch of positive economic and corporate news helped ease concerns ahead of the publication

Gas Prices on Rising Trend Across U.S.

Drivers across the country woke up to higher prices at the gas pump Monday morning, as retail gasoline rose overnight.

June Data Shows New Home Sales Recovering

Sales of new homes jumped last month, but it was the second-weakest month on record. The lackluster economy has made potential buyers

Wall Street Rises on Strong June New Home Sales

Stocks rose moderately Monday after a better-than-expected jump in new home sales and an increase in the profit outlook for shipping giant FedEx Corp.

China Pledges More Support to Expand Private Sector

China's Cabinet promised private investors a bigger role in industries from oil drilling to finance, apparently responding to complaints that state companies

New Ford Explorer Lower, More Fuel-Efficient

The Ford Explorer, the hulking family-hauler that helped launch the SUV boom in the early 1990s, is back. And it hopes to define a new ...

Asian Stocks Rise on Growth Data, Europe Flat

European stock markets and the euro were steady Monday as investors weighed the results of the stress tests into 91 EU banks

Japan Exports Jump for 7th Straight Month

Japan says its exports in June rose 27.7 percent from a year earlier. The Finance Ministry said Monday that Japanese exports climbed

Disney Begins Sales for Hawaii Mega-Resort

More than 80 years after Mickey Mouse piloted "Steamboat Willie" and whistled his way into the hearts of children across the world

Ford Posts 5th Straight Quarterly Profit

Ford Motor Co. posted its fifth straight quarterly profit on Friday as its popular cars and trucks continued to draw buyers from rivals

Packed Planes, Baggage Fees Change Air Travel

Good times are finally back for the nation's airlines. For travelers, that means it's getting harder to find bargains.

McDonald's Net Income Up 12% on Global Sales Rise

McDonald's says its net income climbed 12 percent in the second quarter as customers around the globe gobbled up its cheap food and new frappes

India Unveils $35 Tablet Using Memory Card

It looks like an iPad, only it's 1/14th the cost: India has unveiled the prototype of a $35 basic touchscreen tablet aimed at students

Japanese Giants, Taiwan to Develop WiMax for China

Three big Japanese corporations may join Taiwan in developing cutting-edge broadband technologies that will allow them to jointly tap China's

Wipro Reports 31% Profit Surge on Global Demand

Indian software services firm Wipro Ltd. said quarterly profit jumped 31 percent to 13.19 billion rupees ($284 million), beating expectations

Dell Pays $100 Mil. to Settle SEC Suit

Computer maker Dell Inc. is paying $100 million to settle civil charges that it fraudulently used payments from Intel to pump up its profits

Caterpillar Earnings Double on Strong Overseas Sales

Caterpillar's second-quarter earnings shot up 91 percent with the heavy machinery manufacturer reporting robust sales of equipment for industries

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