Business
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.
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.
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
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
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
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.
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
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
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
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.
Euro Surges on Successful Spain Debt Sale
The euro rose sharply against the dollar Thursday after a closely watched auction of Spanish bond was oversubscribed, easing worries
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
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 ...
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.
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Debit Card Fees Pit Retailers Against Banks
Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate.
Apple Answers Android with June 24 iPhone 4 Debut
The next iPhone comes out June 24 and will have a higher-resolution screen, longer battery life and thinner design.
Sharp Improves Giant Wall-Display Technology
Walls, ceiling and floors will turn into wall-to-wall imagery with Sharp's new technology that has minimized the gaps between displays
BOA Settles Claims Against Countrywide for $108 Mil.
Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago
Airline Industry Projected to Earn Profits This Year
The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.
World Stocks Tumble on Jobs Data, Hungary Fears
World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears ...
Yahoo Adds Direct Access to Facebook Updates
Yahoo Inc.'s latest facelift will include a Facebook touchup. As part of changes rolling out this week, Yahoo will import personal updates from Facebook's social ...
Foxconn to Give China Employees 2nd Pay Raise
Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
4th Strike Since 2008 Halts India Hyundai Production
Striking workers forced Hyundai Motor to stop all production in India on Monday, the latest in a series
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
Recent Rise in Jobs Data Reflects Temporary Hiring
The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.
Data Suggests Jobs Being Added Slowly
Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
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.
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.
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
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
American Families Rebuild Wealth on Slippery Slope
The rebuilding of Americans' wealth is proceeding in steps rather than strides. Households' net worth rose last quarter — the four straight quarterly gain.
China Growth Still Robust But Expected to Slow
China's economy is showing signs of softening after its strong stimulus-fueled rebound last year
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.
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
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
GM Clarifies Memo Forbidding Use of "Chevy"
Relax, Chevrolet fanatics. Turns out you can take your "Chevy to the levee" or any other darn place you please.
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.
Euro Surges on Successful Spain Debt Sale
The euro rose sharply against the dollar Thursday after a closely watched auction of Spanish bond was oversubscribed, easing worries
Asian Stocks Mixed After Flat Wall Street Finish
Asian stocks were mixed Thursday amid mild profit-taking in Tokyo and a muted finish on Wall Street.
Apple, AT&T Get Record Number of iPhone Orders
Apple Inc. said Wednesday that it and its phone company partners took orders for more than 600,000 iPhone 4s in one day, the highest number ...
FedEx Says World Underestimating Recovery
FedEx said people are too pessimistic about a recovery in global trade, after it reported Wednesday that strong exports from Asia
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 ...
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.
Honda Settles China Labor Dispute After 2-Week Strike
Honda Motor Co. said a labor dispute at a parts plant that crippled the automaker's production in China has been resolved after a wage increase
Debit Card Fees Pit Retailers Against Banks
Swipe your debit card at the supermarket and you've placed yourself at the heart of a contentious congressional debate.
Apple Answers Android with June 24 iPhone 4 Debut
The next iPhone comes out June 24 and will have a higher-resolution screen, longer battery life and thinner design.
Sharp Improves Giant Wall-Display Technology
Walls, ceiling and floors will turn into wall-to-wall imagery with Sharp's new technology that has minimized the gaps between displays
BOA Settles Claims Against Countrywide for $108 Mil.
Bank of America will pay $108 million to settle federal charges that Countrywide Financial Corp., which it acquired nearly two years ago
Airline Industry Projected to Earn Profits This Year
The International Air Transport Association has upgraded its forecast for the global airline industry this year — forecasting that it will earn $2.5 billion.
World Stocks Tumble on Jobs Data, Hungary Fears
World stock markets tumbled Monday and the euro hit a new four-year low in the wake of poor U.S. jobs figures and amid fresh fears ...
Yahoo Adds Direct Access to Facebook Updates
Yahoo Inc.'s latest facelift will include a Facebook touchup. As part of changes rolling out this week, Yahoo will import personal updates from Facebook's social ...
Foxconn to Give China Employees 2nd Pay Raise
Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent ...
China Agricultural Bank Ready for IPO
The state-owned Agricultural Bank of China plans to sell a 15 percent stake in what could become the world's largest initial public offering
4th Strike Since 2008 Halts India Hyundai Production
Striking workers forced Hyundai Motor to stop all production in India on Monday, the latest in a series
Disappointing Jobs Data Batters Stocks, Euro
Stock markets dropped sharply Friday and the euro slid to a new four-year low against the dollar after U.S. government figures showed
BP Reports Some Oil Being Funneled by New Cap
BP reported some oil was flowing up a pipe Friday from a cap it wrestled onto its broken Gulf of Mexico well but crude still ...
McDonald's Pulls Cadmium-Tainted Shrek Glasses
Cadmium has been discovered in the painted design on "Shrek"-themed drinking glasses being sold nationwide at McDonald's, forcing the burger giant
Foxconn Faces Heat from Yet Another Worker Death
Taiwan's Foxconn Technology Group, which has been shaken by a spate of worker suicides in China this year, said Friday another employee
Geithner Says Europe Crisis Won't Sink U.S. Recovery
Treasury Secretary Timothy Geithner said Thursday he doesn't think that the European debt crisis will derail the U.S. economic recovery.
Recent Rise in Jobs Data Reflects Temporary Hiring
The nation's employers likely unleashed a wave of hiring last month, but it probably won't be repeated.
Data Suggests Jobs Being Added Slowly
Fewer people are filing claims for unemployment aid, new jobs are showing up in service industries, and companies are squeezing all they can
U.S. Equipment Maker Logs Sizzling China Growth
Mining equipment maker Joy Global Inc. said Thursday its efforts to grab more business in the booming steel and power producing markets in China
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