Glencore lays ground for solid debut
2011-05-19 16:10:53
Commodity trader Glencore prepared the ground for a solid performance in its market debut.
Japan produces autos over weekend in power crunch
2011-05-19 15:47:03
Japanese automakers are going to be producing cars over the weekend and taking Thursday and Friday off to avoid blackouts from a power crunch caused by problem nuclear reactors.
Yahoo pays $28m for unprofitable online ad service
2011-05-19 10:04:52
Yahoo Inc. has bought an unprofitable online advertising service called 5to1 Holding Corp. for $28 million as part of an effort to revive its revenue growth.
Japan's economy shrinks for 2nd straight quarter
2011-05-19 09:37:29
Japan's economy contracted sharply in the first quarter, taking a big blow from the massive earthquake and tsunami that devastated the northeast coast in March, the government said Thursday.
WTO gives mixed verdict on Airbus-Boeing spat
2011-05-19 07:51:35
European aircraft maker Airbus received state subsidies that hurt US rival Boeing Inc., but not all of them were illegal under international rules.
Australia tourism eyes Chinese market
2011-05-18 12:26:22
Australian tourism industry must grab the opportunity to finds new ways to attract the fast-growing Chinese market.
Key US sales down 1.1%
2011-05-18 10:27:13
Wal-Mart posted a bigger-than-expected jump in quarterly profit on Tuesday.
Dell raises 2012 outlook, stock rallies
2011-05-18 10:03:28
Dell posted profits that blew past Wall Street forecasts on improved profitability.
Luxury stores urge UK to issue more Chinese visas
2011-05-18 09:48:25
Britain could give a boost to the luxury goods industry by relaxing visa restrictions for Chinese travellers, the bosses of high-end department stores Harrods and Harvey Nichols told Reuters.
HP cuts outlook on services revamp
2011-05-18 10:06:58
Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.
Egyptian uncertainty hits Chinese companies
2011-05-18 08:20:19
CAIRO - China's investment in, and exports to, Egypt will probably decline sharply this year.
Emerging economies to grow 4.7% annually
2011-05-17 22:16:45
The world's emerging economies as a group will grow 4.7 percent annually between 2011 and 2025 on average, the World Bank projected Tuesday.