Chinese Companies Expected to Have Strong IPOs
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings
Business
Tata Group Launches Water Purifier for the Masses
At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier ...
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Samsung to Pay Kodak for Patent Infringement
Eastman Kodak says electronics maker Samsung Electronics has agreed to pay the photography company an undisclosed sum to settle a patent dispute
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
China Pulls Out of $40 Bil. Australia Gas Deal
Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum ...
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
Amazon Unveils Global Version of Kindle
Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales
Billionaire Rajaratnam to Face New SEC Charges
Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million
Google Unveils Nexus One "Super-Mobile" Phone
Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire
Big Carmakers End Awful 2009 with Strong Momentum
Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years.
Powermat Expands Wireless Charging for Cell Phones
Powermat USA helped consumers cut some power cords last year by selling mats that juiced up gadgets placed on top of them.
Manhattan Home Sales Rose As Prices Fell in Q4
Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of ...
Giant Bluefin Tuna Fetches $177,000 at Tsukiji Market
A giant bluefin tuna fetched 16.3 million yen ($177,000) in an auction Tuesday at the world's largest wholesale fish market in Japan.
Japan Auto Sales Fell to Lowest Level in 38 Years
Auto sales in Japan declined to their lowest in 38 years, slumping 9 percent to 2.9 million vehicles for 2009, an industry group said Tuesday.
Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline
There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai
Apple to Unveil Tablet in January
Speculation intensified Monday that Apple Inc. will soon unveil a tablet-style gadget for consuming music, movies, books and other media.
Google Set to Unveil Own Branded Cell Phone
Google Inc.'s vision for how a mobile phone should be made and sold will likely raise the stakes in the Internet search leader's bid to ...
Obama Pushes Wireless to Rival Cable, Phone Service
The Obama administration is calling on federal regulators to make more radio spectrum available for wireless Internet services so they can compete
Manufacturing Data Shows Accelerating Growth
An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.
Global Chip Sales Saw First Rebound Since Downturn
Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone
China Manufacturing Grew at Fastest Rate Since 2004
China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand
GM's China Sales Up 67% in 2009
General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...
Networks Fudge No-Pay Interview Policy
Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit
China Rate Hike, U.S. Jobs Data Dampen Stocks
Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
Tokyo SE Upgrades to High-Speed Trading System
The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform
New CEO Expects 2010 Profits for Leaner GM
General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers
Chinese Companies Expected to Have Strong IPOs
Three profitable Chinese companies are expected to have powerful market debuts this week as they impress investors with balance sheets and earnings
Tata Group Launches Water Purifier for the Masses
At about two feet tall, it may turn out to be the world's most compact revolution: The Tata Swach, launched Monday, is a water purifier ...
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Samsung to Pay Kodak for Patent Infringement
Eastman Kodak says electronics maker Samsung Electronics has agreed to pay the photography company an undisclosed sum to settle a patent dispute
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
China Pulls Out of $40 Bil. Australia Gas Deal
Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum ...
Avatar Explodes to $4.8 Mil. Record Opening Day in China
Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster
Amazon Unveils Global Version of Kindle
Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales
Billionaire Rajaratnam to Face New SEC Charges
Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million
Google Unveils Nexus One "Super-Mobile" Phone
Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire
Big Carmakers End Awful 2009 with Strong Momentum
Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years.
Powermat Expands Wireless Charging for Cell Phones
Powermat USA helped consumers cut some power cords last year by selling mats that juiced up gadgets placed on top of them.
Manhattan Home Sales Rose As Prices Fell in Q4
Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of ...
Giant Bluefin Tuna Fetches $177,000 at Tsukiji Market
A giant bluefin tuna fetched 16.3 million yen ($177,000) in an auction Tuesday at the world's largest wholesale fish market in Japan.
Japan Auto Sales Fell to Lowest Level in 38 Years
Auto sales in Japan declined to their lowest in 38 years, slumping 9 percent to 2.9 million vehicles for 2009, an industry group said Tuesday.
Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline
There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai
Apple to Unveil Tablet in January
Speculation intensified Monday that Apple Inc. will soon unveil a tablet-style gadget for consuming music, movies, books and other media.
Google Set to Unveil Own Branded Cell Phone
Google Inc.'s vision for how a mobile phone should be made and sold will likely raise the stakes in the Internet search leader's bid to ...
Obama Pushes Wireless to Rival Cable, Phone Service
The Obama administration is calling on federal regulators to make more radio spectrum available for wireless Internet services so they can compete
Manufacturing Data Shows Accelerating Growth
An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.
Global Chip Sales Saw First Rebound Since Downturn
Global chip sales posted a year-over-year gain in November, according to the Semiconductor Industry Association, another positive milestone
China Manufacturing Grew at Fastest Rate Since 2004
China's manufacturing expanded in December for a ninth straight month as government stimulus spending boosted domestic demand
GM's China Sales Up 67% in 2009
General Motors Co. said Monday that 2009 sales in China by the company and its local partners rose 67 percent to a record 1.8 million ...
Networks Fudge No-Pay Interview Policy
Policies forbidding payment for news interviews increasingly seem like the network television equivalent of the 55 mph speed limit
China Rate Hike, U.S. Jobs Data Dampen Stocks
Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills
China Mobile Vice-Chairman Fired for Past Corruption
China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported
Bank of Korea Keeps Interest Rates at Record Low
South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...
Intel Takes Nano Lead, AMD Holds Graphics Edge
Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry
Prius Japan Sales Tripled to Top Spot in 2009
The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.
Ford Adds Tweets to Sync, LCD Panels to Most Cars
Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync
American Raises JAL Tieup Offer to $1.4 Bil.
American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...
Boeing Orders Fell 90% in 2009
Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.
Department Stores Report Better December Sales
Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.
Tokyo SE Upgrades to High-Speed Trading System
The Tokyo Stock Exchange will launch a new high-speed trading system Monday, scrapping an antiquated, glitch-prone platform
New CEO Expects 2010 Profits for Leaner GM
General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers
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