More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
Business
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
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 ...
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
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 ...
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 ...
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
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
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
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 ...
Continental to Start Charging for Food
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors
Woods Return to Golf Boosts Loyal Sponsors
Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure
Microsoft's Bing Gains Search Share from Google, Yahoo
Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.
iPads May Help Boost Magazine Circulations
Magazine publishers may have a new way to boost flagging circulation: the iPad.
Fed Keeps Interest at Record Lows on High Jobless Rate
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery
Toyota Engineers Head to New York Prius Crash
Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid
Google's Likely Pullout Would Change China Tech Landscape
China without Google — a prospect that looks increasingly likely — could mean no more maps on mobile phones. A free music service that has ...
Toyota to See Solid Profits Despite High Costs of Recalls
A massive global recall, mounting legal bills and a battered reputation add up to a very expensive problem for Toyota.
Twitter Still Blocked but Working on Mandarin Signup
Twitter is working on a way to allow Chinese users to sign up to the social networking site in their own language, a co-founder of ...
Toyota Dismisses March 8 Prius Acceleration Story
Toyota Motor Corp. dismissed the story of a man who claimed his Prius sped out of control on the California freeway, saying Monday that its ...
China Partners Press Google for Word on Future
Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation
World Stocks Dip on Finance Reform Bill Anxiety
World stock markets fell Monday as investors fretted about the status of banking reform in the U.S. and awaited confirmation of a rescue package
Facebook Opens Operations Office in India
Social networking site Facebook is opening an operations office in India, its first in Asia, to help manage rapid growth in the number of users.
China's BYD Triples Profits Ahead of U.S. Plug-In Launch
BYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan
Lawyer Rebuts Prius Acceleration Probe Results
The mystery surrounding a Toyota Prius whose driver reported a stuck accelerator deepened Sunday as the motorist's attorney dismissed a congressional memo
Feds Can't Replicate Runaway Prius Claim
Investigators with Toyota Motor Corp. and the federal government could not replicate the runaway speeding reported by a Prius owner who said his car's accelerator
China Takes $3.1 Bil. Stake in Argentine Energy Firm
Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine
China's New Generation Choosy About Factory Jobs
Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers
China to Bid on Building U.S. High-Speed Train Lines
China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America
Oil Demand Growth in 2010 to Be Led by China
World oil demand will rise this year due to surging economic activity in Asian countries, especially China, the International Energy Agency
FedEx Sees Solid Global Recovery Led by Asia
FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
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 ...
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
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 ...
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 ...
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
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
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
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 ...
Continental to Start Charging for Food
Continental Airlines is ending free hamburgers, barbecue and sandwich rolls for many of its passengers in favor of a food-for-sale program that mirrors
Woods Return to Golf Boosts Loyal Sponsors
Tiger Woods' return to the golf course is a long-awaited boon to sponsors that stood by him and marketers who stand to get big exposure
Microsoft's Bing Gains Search Share from Google, Yahoo
Microsoft Corp.'s Bing search engine gained market share in the U.S. in February, according to research groups.
iPads May Help Boost Magazine Circulations
Magazine publishers may have a new way to boost flagging circulation: the iPad.
Fed Keeps Interest at Record Lows on High Jobless Rate
The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery
Toyota Engineers Head to New York Prius Crash
Toyota engineers on Wednesday will examine a Prius in suburban New York that crashed into a stone wall after its driver claims the hybrid
Google's Likely Pullout Would Change China Tech Landscape
China without Google — a prospect that looks increasingly likely — could mean no more maps on mobile phones. A free music service that has ...
Toyota to See Solid Profits Despite High Costs of Recalls
A massive global recall, mounting legal bills and a battered reputation add up to a very expensive problem for Toyota.
Twitter Still Blocked but Working on Mandarin Signup
Twitter is working on a way to allow Chinese users to sign up to the social networking site in their own language, a co-founder of ...
Toyota Dismisses March 8 Prius Acceleration Story
Toyota Motor Corp. dismissed the story of a man who claimed his Prius sped out of control on the California freeway, saying Monday that its ...
China Partners Press Google for Word on Future
Chinese companies that sell advertising on Google's China search engine have appealed for information on its future and say they might want compensation
World Stocks Dip on Finance Reform Bill Anxiety
World stock markets fell Monday as investors fretted about the status of banking reform in the U.S. and awaited confirmation of a rescue package
Facebook Opens Operations Office in India
Social networking site Facebook is opening an operations office in India, its first in Asia, to help manage rapid growth in the number of users.
China's BYD Triples Profits Ahead of U.S. Plug-In Launch
BYD, the Chinese automaker with backing from billionaire Warren Buffett, says its net profit more than tripled last year as the company's F3 sedan
Lawyer Rebuts Prius Acceleration Probe Results
The mystery surrounding a Toyota Prius whose driver reported a stuck accelerator deepened Sunday as the motorist's attorney dismissed a congressional memo
Feds Can't Replicate Runaway Prius Claim
Investigators with Toyota Motor Corp. and the federal government could not replicate the runaway speeding reported by a Prius owner who said his car's accelerator
China Takes $3.1 Bil. Stake in Argentine Energy Firm
Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine
China's New Generation Choosy About Factory Jobs
Factory worker Chen Qinghai frowned as he looked at a tall bulletin board full of help-wanted notices from companies making everything from photocopiers
China to Bid on Building U.S. High-Speed Train Lines
China plans to bid for contracts to build U.S. high-speed train lines and is stepping up exports of rail technology to Europe and Latin America
Oil Demand Growth in 2010 to Be Led by China
World oil demand will rise this year due to surging economic activity in Asian countries, especially China, the International Energy Agency
FedEx Sees Solid Global Recovery Led by Asia
FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
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