Eurozone Industrial Production Flat in July
Industrial production in the 16 countries that use the euro was flat in July from the previous month, official figures showed Tuesday
Business
Yuan Hits New High vs. Dollar Ahead of Hearing
China's currency advanced to a fresh high against the U.S. dollar for the third straight trading day Tuesday, as U.S. lawmakers prepared
Dollar Slides to New 15-Year Low Against Yen
The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while ...
Mastercard Sees 20% Profit Rise on Overseas Use
MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest
Wal-Mart Debuts Branded Wireless Service
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating
Intel Chief Says Content-Shifting Key for Chipmakers
The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices
New Hitachi CEO Pushes Gov't for Lower Yen
The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform
Stimulus-Funded Batteries Polarize Economic Debate
The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting
YouTube Launches Live-Streaming Trial
YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.
Asian Stocks Rise on China Growth Data
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Nanowire Skin Lets Robots Sense Pressure Changes
Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg
Samsung Tablets to Be Sold by Top U.S. Wireless Carriers
Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
Playstation Move Gets Gamers Off Couch
Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
3-D Grabs Center Stage at Tokyo Game Show
The Tokyo Game Show has a lot of people wearing dark glasses this year, with the buzz turning 3-D at the annual event that brings ...
Improving Jobs Data Shrugged Off by Wall Street
A September rally driven by economic reports regularly beating modest expectations appears to be on hold Thursday even after a weekly report
U.S. Trade Deficit Surges on Strong Car, PC Demand
Americans' stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second
Global Markets Dip Ahead of U.S Jobs Report
World markets mostly fell Thursday ahead of another set of U.S. jobs data and news that British retail sales fell in August for the first ...
Banks Let Foreclosed Stay Amid Saturated Market
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.
Sony Update Plays 3-D Movies on Playstation
Sony's PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software ...
China Rejects U.S. Union Complaint over Clean Energy Support
China rejected a U.S. union's trade complaint over Beijing's support for clean energy industries and said Wednesday such criticism is hypocritical
Microsoft's Sleek IE 9 to Load Pages Faster
Microsoft Corp. is unveiling the "beta" test version of Internet Explorer 9 on Wednesday, the first of a new generation of Web browser programs
China Growth to Offset U.S. Weakness Says IMF
The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...
Toyota Steps Up Efforts to Win Back Customers
Aiming to win back customer trust after its string of recalls, Toyota Motor Corp. is offering American buyers of new Toyota- and Scion-brand vehicles
Japan Forex Reserves Hit New High After Failed Intervention
Japan's foreign exchange reserves hit an all-time high in September after the central bank intervened in currency markets for the first time
Samsung Expects Earnings to Fall Below Record
Samsung Electronics, the world's biggest seller of computer memory chips, forecast Thursday that third-quarter operating profit likely eased
Verizon Wireless to Roll Out 4G in 38 Cities
Verizon Wireless said Wednesday that its new wireless broadband network, which offers higher data speeds initially for laptop users
Cisco to Sell HD Home Video-Conferencing Box
Cisco Systems Inc., seeking to become a bigger name in consumer electronics, said Wednesday that it's going to start selling a $599 box
GE Taps Natural Gas Boom with Dresser Deal
General Electric Co. is expanding its energy business by tapping into the growing reliance of utilities and factories on natural gas.
Midnight Grocery Runs a Sign of Hard Times
Once a month, just after midnight, the beeping checkout scanners at a Walmart just off Interstate 95 come alive in a chorus of financial desperation.
Apple Readies iPhone for CDMA Markets
A new report says Apple is getting ready to manufacture a new iPhone that works on cellular networks based on CDMA technology
Fitch Downgrades Ireland Credit Rating
Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits
World Markets Flat, Dollar Slides Awaiting Fed Move
World stock markets were steady Thursday ahead of European interest rate decisions and the start of the U.S. corporate earnings reporting season
J&J Buys Dutch Biotech Crucell for $2.41 Bil.
Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's
Costco Income Rises on Overseas Strength
Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent
Asia, Europe Stocks Rally on Fed Rate Cut Hopes
Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary
Retail Sales Rose Modestly in September
Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.
Ford to Cut Lincoln Dealerships to Revitalize Brand
Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...
Service Sector Grew in September for 9th Straight Month
The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent
Japanese Stocks Lead World Markets After Rate Cut
Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate
Eurozone Retail Sales Fell Unexpectedly in August
Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign
Wholesale Buying, Inventories Rise
Businesses have been restocking store shelves since the recession ended, a sign that they expect the economic recovery to continue.
Eurozone Industrial Production Flat in July
Industrial production in the 16 countries that use the euro was flat in July from the previous month, official figures showed Tuesday
Yuan Hits New High vs. Dollar Ahead of Hearing
China's currency advanced to a fresh high against the U.S. dollar for the third straight trading day Tuesday, as U.S. lawmakers prepared
Dollar Slides to New 15-Year Low Against Yen
The U.S. dollar fell to a new 15-year low against the yen in early Tokyo trade Tuesday as investors tried to avoid risky bets, while ...
Mastercard Sees 20% Profit Rise on Overseas Use
MasterCard Inc. expects its net income to rise at least 20 percent this year, helped by a small boost from foreign exchange and a modest
Wal-Mart Debuts Branded Wireless Service
Wal-Mart Stores Inc. said Monday that it is introducing the first cell phone plan that uses the chain's own branding, further demonstrating
Intel Chief Says Content-Shifting Key for Chipmakers
The semiconductor industry hasn't fully cracked the challenge of making chips that help people move content seamlessly between their devices
New Hitachi CEO Pushes Gov't for Lower Yen
The new president of Hitachi Ltd. urged Japan's government to tackle the strong yen, which is squeezing business as he seeks to transform
Stimulus-Funded Batteries Polarize Economic Debate
The first wave of mass-produced advanced batteries funded by the Obama administration's economic recovery program is starting
YouTube Launches Live-Streaming Trial
YouTube is making its long expected foray into live streaming by launching an experimental trial with four new media partners.
Asian Stocks Rise on China Growth Data
Asian stock markets climbed Monday, encouraged by gains on Wall Street and Chinese economic indicators released over the weekend.
China Aggressive with Investments in Korea
A growing influx Chinese capital into Korea has begun reversing the traditional relationship between the two economies.
Nanowire Skin Lets Robots Sense Pressure Changes
Artificial "skin" developed by teams at UC Berkeley and Stanford will enable robots to adust theirs grips to be delicate enough to hold an egg
Samsung Tablets to Be Sold by Top U.S. Wireless Carriers
Samsung says all four major U.S. wireless carriers will sell its iPad-like tablet computer in the coming months.
Lotte Group Buys Control of Pepsi Philippines
Lotte Chilsung Beverage, a Lotte Group affiliate, has paid $101 million for a controlling 34.4% stake in Pepsi-Cola Products Philippines (PCPP), becoming its largest
GM to Court SAIC, Other Foreign Investors for IPO
Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North
GM to Test All-Electric Chevy Cruze in Korea
General Motors says it will launch a test fleet of electric cars in South Korea as it continues to develop battery-powered models of its Chevrolet ...
World Stocks Rise on Oracle, RIM Earnings
World stock markets mostly rose Friday as positive earnings news from technology companies such as Oracle and BlackBerry maker Research
LG to Replace Electronics CEO with Group Chairman's Brother
South Korea's LG Electronics, the world's third-biggest maker of mobile phones, said its chief executive will be replaced by the brother
China Approves Local Branches for Taiwan Banks
China has given approval to four Taiwanese banks to set up branches on the mainland, a major step toward financial cooperation
Electric Carmaker BYD Takes Stake in Tibet Lithium Mine
Chinese battery and autos maker BYD Co. said Friday it has agreed to buy an 18 percent stake in a Tibetan-based lithium and boron miner
Playstation Move Gets Gamers Off Couch
Sony Corp. gets gamers off the couch with its new motion controller, the PlayStation Move.
World Stocks Slip on Euro Debt Fears, Yen Action
World stock markets fell sharply Tuesday amid renewed worries over Europe's government debt crisis and a report that the Federal Reserve
3-D Grabs Center Stage at Tokyo Game Show
The Tokyo Game Show has a lot of people wearing dark glasses this year, with the buzz turning 3-D at the annual event that brings ...
Improving Jobs Data Shrugged Off by Wall Street
A September rally driven by economic reports regularly beating modest expectations appears to be on hold Thursday even after a weekly report
U.S. Trade Deficit Surges on Strong Car, PC Demand
Americans' stronger appetites for imported goods, especially cars and computers, lifted the broadest measure of the U.S. trade deficit in the second
Global Markets Dip Ahead of U.S Jobs Report
World markets mostly fell Thursday ahead of another set of U.S. jobs data and news that British retail sales fell in August for the first ...
Banks Let Foreclosed Stay Amid Saturated Market
Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.
Sony Update Plays 3-D Movies on Playstation
Sony's PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software ...
China Rejects U.S. Union Complaint over Clean Energy Support
China rejected a U.S. union's trade complaint over Beijing's support for clean energy industries and said Wednesday such criticism is hypocritical
Microsoft's Sleek IE 9 to Load Pages Faster
Microsoft Corp. is unveiling the "beta" test version of Internet Explorer 9 on Wednesday, the first of a new generation of Web browser programs
China Growth to Offset U.S. Weakness Says IMF
The global economy will likely strengthen the rest of this year and in 2011 as China and other emerging powers offset weakness in the United ...
Toyota Steps Up Efforts to Win Back Customers
Aiming to win back customer trust after its string of recalls, Toyota Motor Corp. is offering American buyers of new Toyota- and Scion-brand vehicles
Japan Forex Reserves Hit New High After Failed Intervention
Japan's foreign exchange reserves hit an all-time high in September after the central bank intervened in currency markets for the first time
Samsung Expects Earnings to Fall Below Record
Samsung Electronics, the world's biggest seller of computer memory chips, forecast Thursday that third-quarter operating profit likely eased
Verizon Wireless to Roll Out 4G in 38 Cities
Verizon Wireless said Wednesday that its new wireless broadband network, which offers higher data speeds initially for laptop users
Cisco to Sell HD Home Video-Conferencing Box
Cisco Systems Inc., seeking to become a bigger name in consumer electronics, said Wednesday that it's going to start selling a $599 box
GE Taps Natural Gas Boom with Dresser Deal
General Electric Co. is expanding its energy business by tapping into the growing reliance of utilities and factories on natural gas.
Midnight Grocery Runs a Sign of Hard Times
Once a month, just after midnight, the beeping checkout scanners at a Walmart just off Interstate 95 come alive in a chorus of financial desperation.
Apple Readies iPhone for CDMA Markets
A new report says Apple is getting ready to manufacture a new iPhone that works on cellular networks based on CDMA technology
Fitch Downgrades Ireland Credit Rating
Ratings agency Fitch cut Ireland's credit worthiness another notch Wednesday, citing the country's long fight to emerge from record deficits
World Markets Flat, Dollar Slides Awaiting Fed Move
World stock markets were steady Thursday ahead of European interest rate decisions and the start of the U.S. corporate earnings reporting season
J&J Buys Dutch Biotech Crucell for $2.41 Bil.
Johnson & Johnson said Wednesday it is buying Crucell N.V. for about $2.41 billion in a move that will boost the American health care company's
Costco Income Rises on Overseas Strength
Increased revenue from selling memberships and strength overseas helped push Costco Wholesale Corp.'s net income up 16 percent
Asia, Europe Stocks Rally on Fed Rate Cut Hopes
Global stock markets extended their rally Wednesday as investors remained hopeful that the Federal Reserve will introduce more monetary
Retail Sales Rose Modestly in September
Americans kept spending carefully last month, buying electronics and back-to-school clothes but holding back on luxuries.
Ford to Cut Lincoln Dealerships to Revitalize Brand
Ford Motor Co. plans to eliminate more than a third of its Lincoln dealers as part of its effort to revive the luxury brand, according ...
Service Sector Grew in September for 9th Straight Month
The U.S. service sector, the nation's predominate employer, expanded in September for a ninth straight month, although the growth has not been consistent
Japanese Stocks Lead World Markets After Rate Cut
Japanese stocks led world markets higher Tuesday after the country's central bank surprised investors by effectively cutting its main interest rate
Eurozone Retail Sales Fell Unexpectedly in August
Retail sales in the 16 countries that use the euro unexpectedly fell during August, official figures showed Tuesday, in another sign
Wholesale Buying, Inventories Rise
Businesses have been restocking store shelves since the recession ended, a sign that they expect the economic recovery to continue.
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