Oracle Revenues, Profits Top Wall Street Views
Oracle Corp.'s quarterly profit edged past Wall Street's estimates as revenue from new software licenses ratcheted higher for the second quarter in a row.
Business
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
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
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.
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
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
Glitches for iPhone 4 Pre-Orders
Buyers reported problems registering their orders and an apparent glitch in AT&T's website was steering some customers into strangers' accounts.
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Honda Strike Over In China With Some Concessions
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned
Stocks Rise on Signs of Europe Growth
Stocks extended their rally to a third day Monday following signs that Europe's debt crisis isn't devastating the region's economy.
China, U.S. to Boost VW 2010 Profit Forecast
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations with strong ...
China Sports Companies Vie to Sponsor Global Stars
The newest sponsor of women's tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of.
S. Korea Limits Foreign Exchange Derivative Contracts
South Korea's financial authorities announced on Sunday measures to help stabilize the country's currency and financial system and limit damage
Foreign Investments in China Jump 27% in May
Foreign investment in China rose 27 percent in May from a year earlier to more than $8 billion, an official said Saturday.
Google Gripes About Vietnam Internet Controls
Google Inc. says new Internet regulations in Vietnam raise disturbing concerns that the government may be working to block access
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
India Industrial Production Surges 17.6%
India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy
EU to Approve S.Korea FTA Albeit Carmaker Opposition
The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
Stocks Fall on Waning Faith in Yuan Impact
Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
Canada's Economy Becomes Envy of G-20
Canada thinks it can teach the world a thing or two about dodging financial meltdowns.
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
China Insists Yuan Is Solely Sovereign Concern
The main focus of China's currency policy is the well-being of its people and any adjustment to the exchange
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
Toyota Draws UAW Ire for Reviving Mississippi Plant
Toyota's announcement that it will resume construction of a car factory in Mississippi should have been a much-needed piece of good news
Stocks Gain Despite Jobless, Manufacturing Data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports.
Oracle Revenues, Profits Top Wall Street Views
Oracle Corp.'s quarterly profit edged past Wall Street's estimates as revenue from new software licenses ratcheted higher for the second quarter in a row.
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
Retailers Encouraged by Solid Spring Shopping
Americans gave retailers a respectable spring selling season, resulting in a slew of stores raising their earnings outlooks.
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.
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
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
Glitches for iPhone 4 Pre-Orders
Buyers reported problems registering their orders and an apparent glitch in AT&T's website was steering some customers into strangers' accounts.
Oil Prices Rally on Rising Recovery Hopes
Oil prices hovered near $77 a barrel Wednesday in Asia as a rally fueled by a stock market surge and a stronger euro pauses.
US Stocks See Broad Gains As Industrials, Tech Climb
Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting
T-Mobile Gives Free HTC Slides Ahead of iPhone G4
Wireless carrier T-Mobile plans to give free phones to customers who sign up for group calling plans at its retail stores on Saturday
Honda China Supplier Strike Ends Amid Talks
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned to their jobs
Asian Stocks Up Despite Wall Street Anxiety
Asian shares rose slightly Tuesday as skittish investors came back to the market despite a drop on Wall Street
Honda Strike Over In China With Some Concessions
A Honda Motor parts supplier in southern China was operating at full capacity on Tuesday as striking workers returned
Stocks Rise on Signs of Europe Growth
Stocks extended their rally to a third day Monday following signs that Europe's debt crisis isn't devastating the region's economy.
China, U.S. to Boost VW 2010 Profit Forecast
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations with strong ...
China Sports Companies Vie to Sponsor Global Stars
The newest sponsor of women's tennis is a half-billion dollar sporting goods maker that virtually no one outside of China has ever heard of.
S. Korea Limits Foreign Exchange Derivative Contracts
South Korea's financial authorities announced on Sunday measures to help stabilize the country's currency and financial system and limit damage
Foreign Investments in China Jump 27% in May
Foreign investment in China rose 27 percent in May from a year earlier to more than $8 billion, an official said Saturday.
Google Gripes About Vietnam Internet Controls
Google Inc. says new Internet regulations in Vietnam raise disturbing concerns that the government may be working to block access
India Wireless Auction Kicks Off Broadband Expansion
India's auction of wireless broadband spectrum has brought in a reported $8 billion in fees which could help plug India's fiscal deficit.
Calif. Farmer Succeeds with Gourmet Sushi Rice
Great sushi depends on rice that is just right — grains that are glossy and yielding after cooking, sticky with a touch of sweetness
India Industrial Production Surges 17.6%
India's industrial output surged a surprise 17.6 percent in April over last year, as strong investment activity returns Asia's third-largest economy
EU to Approve S.Korea FTA Albeit Carmaker Opposition
The European Parliament is willing to approve a free trade agreement with South Korea by the end of this year despite
Taiwan's Top Laptop Maker Raising China Wages
Compal Electronics Inc., the world's largest contract laptop maker, said Friday that China's labor shortage and rising wages
Stocks Fall on Waning Faith in Yuan Impact
Stocks erased big gains Monday after investors lost some of their enthusiasm about China's decision to let its currency appreciate against the dollar.
Shenzhen Suicides Raise Questions About Foxconn Management
A group of Taiwanese scholars urged Foxconn Technology Group to end a rigid and "inhumane" management style at its mammoth factory compound in southern China.
CBS Joins India's TV Market in Venture with Reliance
A unit of CBS Corp. and Reliance Broadcast Network, a subsidiary of India's powerful Reliance-ADA Group, plan
China Redirects Pressure onto World Leaders
China followed through Monday on its pledge to allow greater flexibility in exchange rates, but said an appreciation in its currency alone
World Hopes for Rising Yuan to Boost Recovery
China's decision to end its currency's 2-year-old peg to the U.S. dollar is stirring anticipation of a gradual appreciation in the yuan in trading Monday
Canada's Economy Becomes Envy of G-20
Canada thinks it can teach the world a thing or two about dodging financial meltdowns.
Russia Scraps Gains Tax for Foreign Investors
Russia will loosen the state's controls on the economy and abolish a key tax to spark a desperately needed "investment boom," President Dmitry Medvedev told ...
Ambani's Reliance Expands into Power, Telecom
Reliance Industries, India's most valuable company, will push into two new sectors, power and telecommunications, chairman Mukesh Ambani told shareholders Friday.
China Inflation Rises Amid Signs Growth Slowing
China's inflation rose in May amid signs its rapid rebound from the global slump is slowing, adding to pressure on
China Insists Yuan Is Solely Sovereign Concern
The main focus of China's currency policy is the well-being of its people and any adjustment to the exchange
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
Toyota Draws UAW Ire for Reviving Mississippi Plant
Toyota's announcement that it will resume construction of a car factory in Mississippi should have been a much-needed piece of good news
Stocks Gain Despite Jobless, Manufacturing Data
The stock market managed a slender gain Thursday after traders shook off a pair of disappointing economic reports.
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