Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Business
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
Hyundai Debuts Korea's First Electric Car
Hyundai Motor unveiled its first electric car Thursday — the BlueOn — as it moves to catch up with Japanese rivals that have jumped ahead ...
China Data Shows Economy Accelerated in August
August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
China Inflation Rises on Soaring Food Prices
China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth
Hyundai Sonata Poised to Pass Accord in U.S.
Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.
India's Juy Industrial Output Shot Past Projections
India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure
China Trade Surplus, Imports Both Surge in August
China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.
Japan's Q2 Growth Was Much Higher Than Thought
Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday
Facebook Passes Google in Time Spent Online
U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers
U.S. Jobs, Trade Data Lift World Markets
Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
India Car Sales Hit Record in August
Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising
ANA Debuts Japan's First Low-Cost Carrier
Japanese carrier All Nippon Airways said Thursday it's setting up Japan's first low-cost carrier, potentially making flights between Osaka and Tokyo
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
Cognac Maker Posts Profit Growth on Asia Demand
Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by ...
Costco August Sales Rise 7% on Overseas Growth
Costco Wholesale Corp. said Thursday that revenue at stores open at least a year increased 7 percent in August, buoyed by higher gas prices
Delta Posts 30% Revenue Growth in Asia
Delta is upbeat about its business in Japan as new routes and the surging yen boost travel and help along the recovery in the industry
Hyundai Debuts Korea's First Electric Car
Hyundai Motor unveiled its first electric car Thursday — the BlueOn — as it moves to catch up with Japanese rivals that have jumped ahead ...
China Data Shows Economy Accelerated in August
August economic data shows that China grew at a higher-than-expected rate in fixed asset investment, industrial production, retail sales and new loans
HP Seeks to Buy Security Software Firm for $1.5 Bil.
Computer maker Hewlett-Packard Co. may be close to another major acquisition. The company is nearing a deal to buy security
China Inflation Rises on Soaring Food Prices
China's inflation edged higher in August as the nation's worst flooding in a decade drove an increase in food costs and industrial growth
Hyundai Sonata Poised to Pass Accord in U.S.
Hyundai's popular new Sonata is on track to overtake the Honda Accord in this year's U.S. sales according to recent dealership figures, reported Chosun Ilbo.
India's Juy Industrial Output Shot Past Projections
India's industrial output grew 13.8 percent in July — far more than expected — rebounding from a 13-month low in June and adding to pressure
China Trade Surplus, Imports Both Surge in August
China's trade surplus hit its second-highest level this year in August, likely fueling U.S. demands for Beijing to ease currency controls.
Japan's Q2 Growth Was Much Higher Than Thought
Japan's economy wasn't quite as weak in the second quarter as first thought but faces a murky outlook, the government said Friday
Facebook Passes Google in Time Spent Online
U.S. Web surfers are spending more time socializing on Facebook than searching with Google, according to new data from researchers
U.S. Jobs, Trade Data Lift World Markets
Stock markets in Europe and the U.S. spiked higher Thursday after better than expected U.S. jobs and trade data further eased concerns
China Auto Sales Jump 55.7% in August
Auto sales in China, the world's biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency
India Car Sales Hit Record in August
Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising
ANA Debuts Japan's First Low-Cost Carrier
Japanese carrier All Nippon Airways said Thursday it's setting up Japan's first low-cost carrier, potentially making flights between Osaka and Tokyo
Korea Keeps Rates Low on Global Slowing Worries
South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global ...
Nissan's Thai-Made Cars First for Japanese Market
Thai-made Nissan March subcompact cars — the first major model from a Japanese automaker being mass produced abroad for sale in Japan
Google to Roll Out Instantaneous Searches
Google Inc. stepped on its Internet search accelerator Wednesday by adding a feature that displays results as soon as people begin typing their requests.
Microsoft Invades Japan with Controller-Free Gaming
Battling its Japanese gaming rivals on their home turf hasn't been easy for Microsoft Corp.
Wall Street Resumes Rally on Easing Euro Debt Fears
Stocks rose Wednesday as investors brushed off fresh worries about the health of European banks to resume a rally.
Oracle Pay Package Could Give Hurd $250 Mil.
Oracle plans to pay newly appointed President Mark Hurd a base salary of $950,000 a year. The company also says the former Hewlett-Packard Co. CEO
Tiffany Profits Jump 19% on Global Growth
Tiffany & Co.'s second-quarter net income rose by 19 percent as the luxury jeweler's revenue rose as shoppers bought more of its products
China Leads World in Top Global Selling Products
China led the world in global top-selling products with 1,210 items in 2008, according to a Korea International Trade Association analysis
LG to Unveil Super-Thin LED TV
LG Electronics Inc. will unveil an 8.8-milimeter-thick LED TV at the annual Berlin IFA consumer electronics show in September, the company announced
Eurozone Confidence Rises Again in August
Economic confidence in the 16 countries that use the euro rose to its highest level in nearly two-and-a-half years during August
Asia Stocks Lead World Markets in New Rally
Japanese stocks led the way in world markets Monday after the country's central bank eased monetary policy again in its latest attempt
World's Airlines Returned to Profit in Q2
The International Air Transport Association says 47 major carriers it monitors to assess the industry's financial health reported a net profit
Asia Expects Robust Growth Despite Slowdown in West
Talk of the global economic recovery fizzling doesn't faze Cho Byung-cheol, president of a small South Korean technology company that has already
Prices Slashed on Unsold L.A. Architectural Gems
The home sale slump has left some dwellings designed by Frank Lloyd Wright and other architectural luminaries languishing on the Southern California
Intel Trims Q3 Forecast on Weakening PC Demand
Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper
HP Tops Dell with $1.9 Bil. Offer for 3Par
3Par Inc. said Friday it has accepted computer maker Dell Inc.'s new offer of $1.8 billion which matches a bid for the data storage provider
China Seeks Global Talent for Top Posts in State Firms
China announced plans to fill 20 top posts at some of its largest state-owned enterprises (SOEs), according to a notice on its State-owned Assets
Boeing Announces More Delay in 787 Delivery
Boeing Co. said Friday it now expects to deliver its first new 787 jetliner in the middle of first quarter 2011, the second such delay
Asian Stocks Fall Ahead of Bernanke Speech
Most Asian stock markets fell in early trading Friday as investors nervously awaited a speech later in the day by Federal Reserve Chairman
Q2 GDP Growth Expected to Be Halved by Revision
The government is about to confirm what many people have felt for some time: The economy barely has a pulse.
Japan Consumer Prices Fall for 17th Straight Month
Japan says its consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
Dell Boosts Bid for 3Par After Dell Raises Offer
Hewlett-Packard Co. has again raised its bid for 3Par Inc. above an offer from rival Dell Inc., suggesting that the little-known data-storage maker
Toyota Recalls 1.33 Mil. Corolla Sedans, Matrix Hatchbacks
Toyota recalled 1.13 million Corolla sedans and Matrix hatchbacks Thursday because their engines may stall, the latest in a string of quality
1 in 10 Homes with Mortgages Face Foreclosure
One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little
Stocks Slip Despite Drop in Jobless Claims
Stocks were mainly higher early Thursday after a drop in new claims for unemployment benefits relieved some of the market's worries
JPMorgan to Shut Down Proprietary Trading
JPMorgan Chase & Co. is shutting down its proprietary trading desks and eliminating around 80 jobs to comply with new restrictions on investment banks
Apple Unveils Box for Streaming Movies, TV Shows
Apple Inc. is refining its plans to annex the living room into its entertainment empire.
U.S. Manufacturing Expands for 13th Straight Month
U.S. manufacturing expanded in August for the 13th straight month, lifting hopes that economic growth won't stall.
China Manufacturing, Car Sales Rebound in August
Chinese manufacturing and auto sales rebounded in August, suggesting the world's second-biggest economy may not be slowing as quickly as feared.
More Spent on Kids, Less on Moms in August
Not even skinny jeans for $20 are pulling Americans into stores. Nervous about jobs and an unraveling economy, shoppers spent — at best
U.S. Stock Futures Surge on China Factory Growth
Stock futures are surging after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Asian Stocks Up on Strong China, Australia Data
Asian stock markets rose Wednesday, rebounding from losses as Australia's economic growth accelerated and Chinese manufacturing
New Blackberry App Allows Sports Betting in Nevada
Getting money down on your favorite sports team is getting a little easier in Nevada with the first-ever legal wagering application for smart phones.
Exelon Buys Deere Wind Farm As Energy Industry Consolidates
Energy company Exelon Corp. said Tuesday it will pay $900 million for the wind energy assets of manufacturer Deere & Co., potentially signaling
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