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Business

ADB Raises Asia Growth Forecast to 8.2%

The Asian Development Bank raised its forecast for the region's ...

German Business Mood Highest in 3 Years

German business confidence unexpectedly rose to its highest level in ...

HSBC CEO to Leave After Losing Bid for Chairmanship

HSBC's chief executive has lost his bid to move up ...

Asia Stocks Dip on U.S. Jobs Data, Strong Yen

Asian stock markets fell Friday after a jump in U.S. ...

Asia Has 3 of World's Most Expensive Shopping Streets

A survey of rents in the world’s top 269 shopping ...

Korea Wins Control of UK's Dana Petroleum

Korea National Oil Corp (KNOC) has won a controlling interest ...

Growth in Durables Orders Sends Stocks Up

Stocks resumed a September rally Friday as traders were encouraged ...

IRS Cuts Down Iffy Tax Break Disclosures for Big Corps.

The Internal Revenue Service is scaling back a new requirement ...

Hyndai Recalls 2011 Sonatas for Steering Glitch

Hyundai Motor Co. said it is voluntarily recalling 139,500 Sonata ...

Asian Stocks Enjoy Bounce After Holidays

Asian stock markets kicked off a new week of trading ...

Nestle to Expand Herbal Medicine Business

Nestle plans to plow hundreds of millions of dollars into ...

Wal-Mart Bids $4.25 Bil. for S. Africa's Massmart

Wal-Mart-Stores Inc. says it has offered to buy South African ...

Blackberry Maker Unveils Small Tablet for Business

The company that gave us the BlackBerry — still the ...

Japan Intervenes Again to Weaken Yen

Traders said the Bank of Japan intervened in the currency ...

China Studio Buys Stake in Hollywood Production Firm

The Hollywood production house behind hits including "Clash of the ...

World Stocks Slip on Euro Debt Fears, Yen Action

World stock markets fell sharply Tuesday amid renewed worries over ...

LG Chem Adds Mitsubishi Motors As Battery Client

Mitsubishi Motors became the latest automaker to sign Korea's LG ...

Toys R Us to Hire 45,000 Workers, Plans Stock Sale

Toys R Us will hire about 45,000 employees to help ...

Coca-Cola to Invest $1 Bil. in Philippines

Coca-Cola Co. said Tuesday it will spend $1 billion in ...

Recession Widens Rich- Poor Gap, Cuts Marriages

The recession seems to be socking Americans in the heart ...

Hulu Plus to Play on Roku, Tivo Set-Top Boxes

Hulu Plus, the $10-per-month online TV subscription service, will soon ...

HP Reveals Rosy Outlook but Not Next CEO

Hewlett-Packard Co. offered a rosy financial outlook Tuesday without giving ...

Japan Business Confidence Rises for 6th Straight Quarter

Business confidence in Japan rose for the sixth straight quarter, ...

Asia Stocks Rise on Hopes of More U.S. Stimulus

Asian stock markets climbed Wednesday, supported by growing speculation that ...

Digital Reading Squeezes Out Finland's Paper Mills

Shielded from the deafening roar and searing heat of Paper ...

Asia Stocks Gain in Thin Holiday Trading

Asian stock markets posted modest gains in holiday-thinned trade Wednesday ...

Lotte Group Buys Control of Pepsi Philippines

Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 ...

Asian Stocks Rise on Hope of More Fed Action

Asian stock markets advanced Tuesday as hopes for more action ...

China Fines Toyota Finance Arm for Bribing Dealers

Authorities in eastern China say they have fined Japanese automaker ...

World's Airlines Treble Profit Forecast

Global airlines have rebounded faster than expected from the recession ...

Oil Slips to $74 Ahead of Key Fed Meeting

Oil prices slipped to near $74 a barrel Tuesday in ...

Strong European Debt Sales Lift Investor Mood

Solid bond auctions in Ireland, Spain and Greece helped to ...

IBM to Pay $1.7 Bil. for Data Miner Netezza

IBM Corp. said Monday it has agreed to pay $1.7 ...

August Jobless Rate Rose in Calif., 26 Other States

More than half of U.S. states saw their unemployment rates ...

Cessna Blames Economy for Cutting 700 Jobs

Cessna Aircraft announced Tuesday it will cut another 700 jobs, ...

MetroPCS Leads 4G Wireless Rollout in U.S.

MetroPCS Communications Inc., a regional cell phone company that mainly ...

Stocks Tilt Back Up After Fed Speaks

Stocks and bonds rose Tuesday after the Federal Reserve said ...

Twitter Hacker Causes Mischief with Feeds

A new way to cause mischief quickly spread through short-messaging ...

Halliburton Profits Double on Natural Gas Drilling

Halliburton Co. said Monday its net income more than doubled ...

CarMax Posts Higher Profits on Strong Used-Car Sales

Used car dealership chain CarMax says its fiscal second-quarter net ...

Yuan Hits New High As Dollar Weakens

The yuan hit a new high of 6.6997 against the ...

Adobe Profits Soar but Cautious on Outlook

Adobe Systems Inc. posted a 69 percent jump in quarterly ...

Michael Dell Flashes 7-Inch Android Tablet

Dell is working on a 7-inch tablet that runs Google's ...

Philly Becomes Biggest U.S. City with Casino

Six years after the state Legislature legalized gambling, Philadelphia is ...

Small Business Bill Set for Passage Amid Tepid Interest

A long-delayed bill to help struggling small businesses with easier ...

Euro Slips on Weak Business Sentiment

The euro gave up some of its recent gains against ...

France Hobbled by Strikes Over Retirement Age

French commuters squeezed onto limited trains or fought for rare ...

Blockbuster Seeks Chapter 11 Protection

Troubled video-rental chain Blockbuster Inc. filed for Chapter 11 bankruptcy ...

Home Sales Rose to 2nd Lowest Level of Decade

Sales of previously occupied homes rose last month, but not ...

Jobless Claims Nudge Back Up to 465,000

The tally of newly laid-off workers requesting unemployment benefits rose ...