Business
Japan Central Bank Pushes Lending to Fight Deflation
Japan's central bank is escalating the fight against deflation by offering more cheap loans to banks.
World Bank Boosts China Growth Forecast to 9.5%
The World Bank raised its China growth forecast this year to 9.5 percent from 9 percent on Wednesday but said Beijing needs to cool inflation
U.S. Blocking Free Trade Talks Says Dutch Minister
The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks
Improving Laptop, TV Sales Boost Best Buy
Better sales of notebook computers and flat-panel TVs helped Best Buy's fourth-quarter earnings rise 37 percent, the electronics retailer said Thursday.
China to Buy Brazil's Itaminas Iron Ore Mine
A state-run Chinese mining company said Thursday it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello.
Go Daddy Joins Exodus from China Business
Two U.S. companies that sell Internet addresses to Web sites said Wednesday they had stopped registering new domain names in China
Fiat to Cut 5,000 Jobs
Fiat will cut 5,000 jobs in Italy, slash the number of car models and increase production as part of its new strategic plan
Google Ties with China Partners Being Severed
A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Big Aussie Energy Deal Signed As Rio Tinto Trial Ends
Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
Japan Exports Jumped 45% in February
Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
China Partners Press Google for Word on Future
Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Trade Deficit Shrank on Falling Oil, Auto Imports
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential ...
European Markets Rise on Industrial Output Growth
European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession
China Regulator Threatens Consequences for Google
China's top Internet regulator insisted Friday that Google must obey its laws or "pay the consequences," giving no sign of a possible compromise
Haier Sells GE Appliances in Rural China
Chinese appliance maker Haier says it has joined with General Electric in selling GE appliances to rural areas, the focus of subsidies intended to boost ...
Lenovo to Refocus Business on Mobile Internet Devices
Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing ...
U.S. Video Game Sales Fell 15% in February
U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower ...
Export Growth Seen As Bright Spot for U.S. Economy
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot
U.S. Household Wealth Up for 3rd Straight Quarter
Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios.
China Inflation Fears Subdue Stock Markets
The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...
Bank of Korea Keeps Interest Rates at Historic Lows
South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns
Surprise Retail Sales Growth Offset by Inventory Data
Stocks are rising in early trading after retail sales unexpectedly rose in February, raising hopes that the economy may be gaining momentum.
Sony Hopes Sophisticated Motion Controller Is Wii-Killer
Sony has a new message for Nintendo Wii gamers: Come join us. The Japanese maker of the PlayStation 3 unveiled Thursday its highly anticipated motion ...
China's Inflation Rate Surges in February
China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy
India Aims to Pass China As Fastest Growing Economy
Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough. "We are facing a major problem," said Farooq
Prius Complaints May Be Feeding on Themselves
Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals
Cable Operators Ask FCC to Stop Network Blackouts
The most recent showdown left millions of Cablevision Systems Corp. customers around New York without an ABC station at the start of the Academy Awards.
Japan Revises Down Q4 Growth Rate
Japan says its economy grew notably less in the fourth quarter than initial estimates.
Inventories Fell Despite 10th Monthly Sales Rise
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories
Samsung, Panasonic Begin Selling 3-D TVs
Want to be the first one on your block with a 3-D television? It will cost you about $3,000.
Bailout Firms' Stocks Surge on Likely Sale by Gov't
Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake
Continental to Start Charging for Food
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors
Woods Return to Golf Boosts Loyal Sponsors
Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure
Microsoft's Bing Gains Search Share from Google, Yahoo
Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.
iPads May Help Boost Magazine Circulations
Magazine publishers may have a new way to boost flagging circulation: the iPad.
Fed Keeps Interest at Record Lows on High Jobless Rate
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery
Toyota Engineers Head to New York Prius Crash
Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid
Google's Likely Pullout Would Change China Tech Landscape
China without Google — a prospect that looks increasingly likely — could mean no more maps on mobile phones. A free music service that has ...
Japan Central Bank Pushes Lending to Fight Deflation
Japan's central bank is escalating the fight against deflation by offering more cheap loans to banks.
World Bank Boosts China Growth Forecast to 9.5%
The World Bank raised its China growth forecast this year to 9.5 percent from 9 percent on Wednesday but said Beijing needs to cool inflation
U.S. Blocking Free Trade Talks Says Dutch Minister
The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks
Improving Laptop, TV Sales Boost Best Buy
Better sales of notebook computers and flat-panel TVs helped Best Buy's fourth-quarter earnings rise 37 percent, the electronics retailer said Thursday.
China to Buy Brazil's Itaminas Iron Ore Mine
A state-run Chinese mining company said Thursday it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello.
Go Daddy Joins Exodus from China Business
Two U.S. companies that sell Internet addresses to Web sites said Wednesday they had stopped registering new domain names in China
Fiat to Cut 5,000 Jobs
Fiat will cut 5,000 jobs in Italy, slash the number of car models and increase production as part of its new strategic plan
Google Ties with China Partners Being Severed
A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Big Aussie Energy Deal Signed As Rio Tinto Trial Ends
Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
Japan Exports Jumped 45% in February
Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
China Partners Press Google for Word on Future
Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Trade Deficit Shrank on Falling Oil, Auto Imports
The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential ...
European Markets Rise on Industrial Output Growth
European stock markets rose Friday after a strong set of industrial production figures for January stoked hopes that the recovery from recession
China Regulator Threatens Consequences for Google
China's top Internet regulator insisted Friday that Google must obey its laws or "pay the consequences," giving no sign of a possible compromise
Haier Sells GE Appliances in Rural China
Chinese appliance maker Haier says it has joined with General Electric in selling GE appliances to rural areas, the focus of subsidies intended to boost ...
Lenovo to Refocus Business on Mobile Internet Devices
Lenovo Group expects wireless Internet products to account for up to 80 percent of its sales within five years as it pursues expansion in faster-growing ...
U.S. Video Game Sales Fell 15% in February
U.S. retail sales of video games declined 15 percent in February, hurt in part by an ongoing decline in sales of music games and lower ...
Export Growth Seen As Bright Spot for U.S. Economy
U.S. exports dipped in January, the government said Thursday, but economists weren't fazed. They predict export growth will be a bright spot
U.S. Household Wealth Up for 3rd Straight Quarter
Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios.
China Inflation Fears Subdue Stock Markets
The stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also ...
Bank of Korea Keeps Interest Rates at Historic Lows
South Korea's central bank left its key interest rate at a record low Thursday amid international sovereign debt concerns
Surprise Retail Sales Growth Offset by Inventory Data
Stocks are rising in early trading after retail sales unexpectedly rose in February, raising hopes that the economy may be gaining momentum.
Sony Hopes Sophisticated Motion Controller Is Wii-Killer
Sony has a new message for Nintendo Wii gamers: Come join us. The Japanese maker of the PlayStation 3 unveiled Thursday its highly anticipated motion ...
China's Inflation Rate Surges in February
China's inflation spiked higher in February, adding to pressure on Beijing to prevent overheating and keep the recovery in the world's third-largest economy
India Aims to Pass China As Fastest Growing Economy
Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough. "We are facing a major problem," said Farooq
Prius Complaints May Be Feeding on Themselves
Reports of sudden acceleration in the Toyota Prius have spiked across the country. But that doesn't mean there's an epidemic of bad gas pedals
Cable Operators Ask FCC to Stop Network Blackouts
The most recent showdown left millions of Cablevision Systems Corp. customers around New York without an ABC station at the start of the Academy Awards.
Japan Revises Down Q4 Growth Rate
Japan says its economy grew notably less in the fourth quarter than initial estimates.
Inventories Fell Despite 10th Monthly Sales Rise
Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories
Samsung, Panasonic Begin Selling 3-D TVs
Want to be the first one on your block with a 3-D television? It will cost you about $3,000.
Bailout Firms' Stocks Surge on Likely Sale by Gov't
Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake
Continental to Start Charging for Food
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors
Woods Return to Golf Boosts Loyal Sponsors
Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure
Microsoft's Bing Gains Search Share from Google, Yahoo
Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.
iPads May Help Boost Magazine Circulations
Magazine publishers may have a new way to boost flagging circulation: the iPad.
Fed Keeps Interest at Record Lows on High Jobless Rate
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery
Toyota Engineers Head to New York Prius Crash
Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid
Google's Likely Pullout Would Change China Tech Landscape
China without Google — a prospect that looks increasingly likely — could mean no more maps on mobile phones. A free music service that has ...
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