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World Bank Fears Economic Dip When Stimulus Ends

The global economy will suffer the fallout from the financial crisis for years to come, the World Bank said Thursday in a report warning

China Growth Jumps to 10.7% for Q4

China's economic growth accelerated to 10.7 percent in the final quarter of 2009, adding to pressure on Beijing to cool inflation pressures

NY Times to Charge for Online Access in 2011

The New York Times plans to charge readers for full access to its Web site next year, reviving an idea that fizzled twice for the ...

Toyota Takes Stake in Argentina Lithium Mining Venture

A key supplier of Toyota Motor Corp. has formed a partnership to mine lithium in Argentina, securing greater access to a metal critical to the ...

U.S. Recession Fed Hiring at Indian Outsourcing Firms

India's top three outsourcing companies are ramping up hiring and increasing pay as global corporations, mainly from the U.S.

Walmart Pulls China-Made Jewelry Cited in News

Federal and state watchdogs have issued stern warnings on the use of toxic ingredients in Chinese imports, and Walmart has pulled

Asian Cars to Face Stiffer U.S. Competition in 2010

Asian automakers grabbed their biggest chunk ever of the U.S. car and truck market in 2009, but they'll struggle to build on that momentum this ...

Google Defies China After Dissident Email Breached

Google Inc. will stop censoring its search results in China and may pull out of the country completely after discovering that computer hackers

China's BYD Unveils Practical Plug-In Crossover

The Chinese automaker BYD Co. that plans to sell an all-electric crossover vehicle in North America by year's end said Tuesday

China Takes Steps to Curb Lending, Prevent Bubble

China took new steps Tuesday to control bank lending, ordering institutions to set aside more reserves in a move to avert a surge in credit

American, Partners Sweeten JAL Support Offer

American Airlines escalated the bidding war for Japan Airlines to keep it from defecting to rival Delta's alliance, even as the money-losing Japanese carrier

China's Shanda Games to Buy U.S.'s Mochi Media

Shanda Games Ltd., a Chinese online gaming company, said Tuesday it will acquire U.S.-based Mochi Media Inc., in its latest move

Kodak to Get Royalties from Samsung in Licensing Pact

Eastman Kodak Co. said Monday it will draw royalties from South Korea's Samsung Electronics Co. under a licensing pact that gives the companies

Honda CR-Z Adds Sexy Lines, Zip to Hybrid Segment

Honda Motor Co. showed off the production model of the 2011 CR-Z, a sporty two-seater hybrid that will go on sale late summer in the ...

Toyota Plans Tiny Prius, Plug-Ins, Fuel-Cell Cars

Toyota unveiled a new hybrid concept car that is smaller than the Prius and geared toward younger buyers, part of the company's hybrid and alternative-fuel

China Seeks to Cool Growth on Rising Bubble Fears

China's lavish bank lending spurred a recovery but also pumped up markets as speculators scooped up stocks and property and even dabbled in garlic

Obama Considers Levy on Banks

President Barack Obama is weighing a levy on Washington-rescued banks to help recover shortfalls in a $700 billion bailout fund and to help balance

Alcoa Revenues Slid in Q4 Despite Smaller Loss

Alcoa Reporting a smaller net loss for the fourth quarter Monday, though revenue shrank with no improvmennt in its aerospace, commercial building

Ford Wins Both Car & Truck of the Year Awards

Ford Motor Co.'s market momentum got a lift Monday by winning both the 2010 North American Car and Truck of the Year awards.

JAL Rejects U.S. Cash Bids, to Cut Third of Workforce

Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...

China Export Growth Boosts Global Stocks

World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic

Phone TV, Wireless Charging Among Hits at Electronics Show

At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.

Carmakers Ditch Bunker Mentality for Detroit Show

Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...

Google to Settle with China Authors for Pirate Scans

Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...

Google Founders Likely Force Behind China Stand

Google Inc. co-founders Sergey Brin and Larry Page have always said they put their principles before profit, even to the point of using their control

Role As Media Activist Creates Dilemma for Google

Google Inc. is enjoying an avalanche of good will because of its threat to leave China over e-mail hacking attacks against dissidents.

Intel Earnings, Outlook Confirm PC Sector Recovery

Intel's fourth-quarter earnings breezed past Wall Street's expectations, and its rosy profit outlook for 2010 was another sign that a lasting recovery

Foreign Investment in China Doubled in December

Foreign direct investment in China more than doubled in December from a year earlier as companies poured money

Shiseido to Buy Bare Essentials for $1.7 Bil.

Shiseido Co. said Friday it will buy San Francisco-based Bare Escentuals Inc. for $1.7 billion, a step forward in the Japanese cosmetic giant's plan

P&G Launches Online Retail Site

The maker of Tide detergent, Pampers diapers and Gillette shavers is taking hundreds of its popular consumer products directly to shoppers

Kodak Sues Apple, RIM for Infringing Camera Patents

Eastman Kodak Co. said Thursday it is suing Apple Inc. and BlackBerry maker Research in Motion Ltd. over technology related to digital cameras

Retail Sales Fall, Jobless Claims Rise

Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles

World Markets Rise As China Cooling Fears Ease

World stock markets rebounded Thursday as receding worries about credit-tightening in China bolstered companies across Asia

Google Wants to Stay in China After Search Exit

Even if its stand against censorship leads it to close its search engine in China, Google Inc. still hopes to maintain other key operations

China Will Stay Top Car Market Says GM Exec

China has probably passed the U.S. for good as the world's largest auto sales market, General Motor Co.'s top executive in China said Wednesday.

Nexus One Falls Short of Being Super Phone

Many people consider the iPhone the ultimate "smart" phone. Now Google wants you to think of its new Nexus One device as a "super" phone.

Yahoo Backs Google Response to Email Hacking

Yahoo supports rival Google's threatened departure from China because of computer attacks that pried into the e-mail accounts of human rights activists.

GM to Halt Hummer Line As Sichuan Heavy Takes Over

General Motors Co. will halt Hummer production next week at its Louisiana plant until sale of the brand to a Chinese company is completed.

Baidu Shares Leap on Google Threat to Quit China

Baidu, the biggest search engine in China, is reaping a windfall from Google's threat to pull out of the country.

LG Expects to Sell 140 Mil. Cell Phones in 2010

LG Electronics Inc. said Wednesday that it expects a significant increase in mobile phone sales this year as it rolls out 20 new smartphones

German Economy Contracted 5% in 2009

Germany's economy contracted 5 percent in 2009 amid the global economic downturn, by far its worst performance since World War II

JAL Shares Plunge to 7 Yen on Bankruptcy Fears

Shares in troubled Japan Airlines Corp. plunged to just 7 yen Wednesday while the money-losing airline was expected to file for bankruptcy

GM Sales Up 14% in January, Toyota's Down 16%

Toyota Motor Corp.'s car and truck sales fell 16 percent in January, a month when the automaker recalled millions of vehicles and halted sales of ...

Toyota Reports $1.7 Bil. Profit, Raises Forecast

Toyota Motor Corp. returned to profit in the October-December quarter and raised its annual earnings forecast, but analysts warned of a grim outlook

Lenovo Profits Continue Rising on 45% China Growth

Lenovo Group, the fourth-largest personal computer maker, reported its second straight quarterly profit Thursday as strong sales in China drove its recovery

Joojoo Web Tablet Set to Debut Despite Legal Dispute

The Joojoo, a Web-browsing tablet device that's the subject of a high-profile Silicon Valley legal dispute, appears on track to reach early buyers

Estée Lauder Marks Roaring Tiger Year with Special Compact

Estée Lauder is comemorating the Year of the Tiger with a limited edition Tiger compact. The release of this special item

Asia, Europe Stocks Rise on U.S. Housing News

World stock markets jumped Wednesday, following Wall Street higher after encouraging reports about the beleaguered U.S. housing sector helped restore

Honda Profits Soar on Cost-Cutting, Green Cars

Honda's quarterly profit soared sixfold on cost cuts and strong sales of green vehicles, boosting the Japanese automaker's full year forecast

Toyota Prius Brake Complaints Total 180

The Japanese government said Wednesday it has received 14 complaints in Japan about brake problems with Toyota's popular Prius hybrid.