New Greek bailout on cards
2011-06-07 08:22:38
The Greek Prime Minister started a campaign to secure a new international bailout by imposing years of austerity.
Plane makers promote biofuels
2011-06-07 08:20:38
Airbus SAS and Boeing Co are talking to farmers and refiners of biofuels in the hopes that cleaner energy may eventually supply.
IATA says airline profits to plunge this year
2011-06-06 12:49:25
A global airline group says the industry's profits will likely plummet this year because of natural disasters, political violence and higher fuel prices.
US capital courts Chinese tourists
2011-06-06 09:15:38
The capital region of the United States may have not become the hottest destination for Chinese tourists, but a new Chinese-language website dedicated to the region may help.
China to expand trade in south Africa
2011-06-05 08:29:32
China is willing to expand imports from southern African nations and encourage Chinese companies to invest in the region, Vice-Premier Wang Qishan said on Saturday.
Groupon files for highly anticipated IPO
2011-06-03 16:22:51
Online coupon seller Groupon Inc. is dangling its most tantalizing deal yet an initial public offering of stock.
Sony restoring PlayStation Network in US, Europe
2011-06-03 09:24:03
Sony Corp. is fully restoring its PlayStation Network in the US,Europe and parts of Asia on Thursday after hackers stole customer data and sent services offline in April.
Sony probing claim hackers stole user info
2011-06-03 09:14:29
Sony has been hit by a massive data breach, hackers claim, another potential embarrassment for a company to restore its image.
Hackers attack another Sony network, post data
2011-06-03 09:25:24
Hackers have again broken into Sony Corp's computer networks, this time claiming to have stolen customer data to show that the company's systems remain vulnerable to attack.
Rio Tinto to purchase $1b in China in 2011
2011-06-02 22:11:08
Anglo-Australian mining company Rio Tinto plans to purchase one billion US dollars of commodities in China in 2011.
Greece, EU/IMF agree 6.4b euro measures
2011-06-02 18:50:10
Greece and a team of EU/IMF/ECB inspectors aims to conclude talks on a medium-term fiscal plan by Friday.
China's Dagong lowers Japan credit rating
2011-06-02 17:33:41
Chinese ratings provider Dagong Global Credit Rating Co Ltd., on Thursday cut its rating for Japan's local and foreign currency sovereign credit by one level to A+ and AA- respectively.