Samsung Sees Spectacular Jump in Q1 Profits
Samsung Electronics Co. on Tuesday forecast a surge in first quarter operating profit to near-record levels, heading into a year for which the biggest flat
Business
Prius Tops Japan Car Sales for 11th Month
Toyota's Prius hybrid was Japan's top-selling car in March for an 11th straight month despite global recall woes, an industry group said Tuesday.
Hitachi Sees Green Refocus As Path to Profitability
Money-losing Hitachi will focus on ecological businesses including hybrid railways and batteries for green cars in its latest effort to return to profitability
Toyota to Be Fined Record $16.4 Mil. for Late Recall
The government accused Toyota of hiding a "dangerous defect" and proposed a record $16.4 million fine on Monday for failing to quickly alert regulators
Service Growth, Home Sales Data to Stimulate Hiring
Employers holding out for more evidence that the economic recovery is finally taking hold got some Monday: The nation's service sector is growing quickly
Shortened URLs Not As Risky As Once Thought
Link-shortening services such as TinyURL seem ideal for criminals because they can disguise the names of malicious sites. Yet on Twitter
Interest Rates Rise on Stronger Growth Data
Interest rates rose Monday in the bond market on fresh signs the economy is continuing its slow, steady recovery.
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
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Toyota to Pause UK, France Production on Weak Demand
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the ...
China to Launch Stock Futures Trading
China will launch trading of stock futures on April 16, regulators said Friday, in a move that could help boost stock prices and increase the ...
Nano Safety Questioned As New Car Bursts into Flames
When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative ...
Initial Jobless Claims Fall More Than Expected
New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
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.
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
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
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
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
Japan February Factory Output Broke Rising Trend
Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a ...
Novell Wins Utah Jury Verdict in Unix Copyright Suit
Novell Inc. never sold ownership rights to Unix computer software code when it allowed another company to take over the servicing of the venerable server
NASA to Probe Toyotas for Electronic Glitches
NASA and the National Academy of Sciences are joining the government's effort to figure out what caused the sudden acceleration
Nissan's Leaf Plug-In Electric to Cost $25,000
Nissan's new electric car will cost just over $25,000 when it goes on sale in the U.S. in December, aiming to bring gasoline-free technology
Apple Shares Hit Recod High on iPhones for Verizon
Apple Inc. shares have hit another all-time high now that it appears the iPhone could find a new sales outlet through Verizon Wireless.
Consumer Confidence Rise Beats Expectations
Americans' confidence in the economy rebounded in March after a February plunge but remains relatively weak amid a tough job market
Geely to Plow $900 Mil. More into Volvo
Chinese automaker Zhejiang Geely Holding Group expects to spend hundreds of millions of dollars beyond the $1.8 billion purchase price for Volvo
McDonald's Opens Hamburger U in Shanghai
China's newest university has no football field or fancy library. For inspiration, it looks not to Confucius, but to Ronald McDonald. But Shanghai's
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
iPad May Be Kindle's First Serious eBook Threat
Amazon.com, which has dominated the young but fast-growing electronic book market for the past few years with the Kindle
Geithner Says Commercial Real Estate Loans Problematical
Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed
Consumer Spending Rise Shows Decent Recovery Pace
Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Greater Oil Demands Expected from China and India
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China
Samsung Sees Spectacular Jump in Q1 Profits
Samsung Electronics Co. on Tuesday forecast a surge in first quarter operating profit to near-record levels, heading into a year for which the biggest flat
Prius Tops Japan Car Sales for 11th Month
Toyota's Prius hybrid was Japan's top-selling car in March for an 11th straight month despite global recall woes, an industry group said Tuesday.
Hitachi Sees Green Refocus As Path to Profitability
Money-losing Hitachi will focus on ecological businesses including hybrid railways and batteries for green cars in its latest effort to return to profitability
Toyota to Be Fined Record $16.4 Mil. for Late Recall
The government accused Toyota of hiding a "dangerous defect" and proposed a record $16.4 million fine on Monday for failing to quickly alert regulators
Service Growth, Home Sales Data to Stimulate Hiring
Employers holding out for more evidence that the economic recovery is finally taking hold got some Monday: The nation's service sector is growing quickly
Shortened URLs Not As Risky As Once Thought
Link-shortening services such as TinyURL seem ideal for criminals because they can disguise the names of malicious sites. Yet on Twitter
Interest Rates Rise on Stronger Growth Data
Interest rates rose Monday in the bond market on fresh signs the economy is continuing its slow, steady recovery.
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
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Toyota to Pause UK, France Production on Weak Demand
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the ...
China to Launch Stock Futures Trading
China will launch trading of stock futures on April 16, regulators said Friday, in a move that could help boost stock prices and increase the ...
Nano Safety Questioned As New Car Bursts into Flames
When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative ...
Initial Jobless Claims Fall More Than Expected
New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
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.
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
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
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
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
Japan February Factory Output Broke Rising Trend
Cautious Japanese companies laid off more workers and hit the brakes on production in February, sending factory output down for the first time in a ...
Novell Wins Utah Jury Verdict in Unix Copyright Suit
Novell Inc. never sold ownership rights to Unix computer software code when it allowed another company to take over the servicing of the venerable server
NASA to Probe Toyotas for Electronic Glitches
NASA and the National Academy of Sciences are joining the government's effort to figure out what caused the sudden acceleration
Nissan's Leaf Plug-In Electric to Cost $25,000
Nissan's new electric car will cost just over $25,000 when it goes on sale in the U.S. in December, aiming to bring gasoline-free technology
Apple Shares Hit Recod High on iPhones for Verizon
Apple Inc. shares have hit another all-time high now that it appears the iPhone could find a new sales outlet through Verizon Wireless.
Consumer Confidence Rise Beats Expectations
Americans' confidence in the economy rebounded in March after a February plunge but remains relatively weak amid a tough job market
Geely to Plow $900 Mil. More into Volvo
Chinese automaker Zhejiang Geely Holding Group expects to spend hundreds of millions of dollars beyond the $1.8 billion purchase price for Volvo
McDonald's Opens Hamburger U in Shanghai
China's newest university has no football field or fancy library. For inspiration, it looks not to Confucius, but to Ronald McDonald. But Shanghai's
World Stocks Gain on Brightening U.S. Outlook
World stocks rose Tuesday as the outlook for economic recovery brightened after upbeat consumer spending figures in the U.S. The euro also gained
Nissan Slashes Q1 Loss to $125 Mil.
Nissan's losses for the January-March quarter shrank dramatically as Japan's No. 3 automaker benefited from a global auto recovery
iPad May Be Kindle's First Serious eBook Threat
Amazon.com, which has dominated the young but fast-growing electronic book market for the past few years with the Kindle
Geithner Says Commercial Real Estate Loans Problematical
Mounting losses from commercial real estate loans will continue to be a problem for the U.S. and especially smaller banks, but it can be managed
Consumer Spending Rise Shows Decent Recovery Pace
Consumers spent modestly last month, a sign that the economic recovery is proceeding at a decent — but not spectacular — pace.
Boeing Says 787 Airworthiness Tests Positive
Boeing Co. said the results of a key airworthiness test for its long delayed 787 are "positive," but it will be weeks before the aircraft ...
Sinopec Profits More Than Doubled in 2009
Sinopec, Asia's biggest refiner by volume, said profit more than doubled in 2009 on lower crude oil costs and a revival in demand amid China's ...
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Russian President Seeks Silicon Valley Investment
When Russia's Dmitry Medvedev visits Silicon Valley for the first time this week, he will be both a wide-eyed kid in a candy shop and ...
Toyoda Bows Deeply to Angry Shareholders
Toyota Motor Corp. President Akio Toyoda bowed deeply and apologized to shareholders Thursday for the troubles caused by massive global recalls of the
Toyota Factory Remains Shut in Guangzhou
Toyota Motor Corp. says production at one of its main factories in China remains shut due to a strike, while Honda Motor Co. says operations ...
Auto Demands Sustain Japanese Export Expansion
Japan's exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery
US Presses China to Open its Markets
The top U.S. trade official says China's decision to let its currency appreciate against the dollar was a good start, but China must do more ...
Greater Oil Demands Expected from China and India
World oil demand will grow faster than earlier expected through 2015 due to stronger economic growth, particularly in developing countries like China
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