Best Buy sets eye on inland China for growth
2011-03-09 11:16:12
The US consumer electronics retailer Best Buy Co Inc said its China strategy will focus on expanding into inland cities, where consumption is booming and manufacturing groups are shifting production.
Starbucks brews major expansion plan
2011-03-09 10:56:45
Starbucks Corp, the world's largest coffee chain by sales, on Tuesday said it will expand its business in China by opening more outlets in second- and third-tier cities and bring in new product lines to seize the instant-coffee market.
With talk cheap, trade negotiations set to drag past 2011
2011-03-09 09:03:18
The Doha round of trade talks is highly unlikely to be concluded this year because the United States lacks the motivation to reach an agreement, according to the former Chinese ambassador to the World Trade Organization (WTO).
Delegations to US, EU will correct trade imbalance
2011-03-07 08:37:35
China will send two large trade delegations to the United States and two to European Union nations this year to help stimulate its imports, said the head of China's trade promotion organization.
Brazil's growth hits record high in 25 yrs
2011-03-04 11:16:43
Brazil's economy increased 7.5 percent in 2010, a record high since 1986.
Twitter co-founder says not in stake sale talks
2011-03-03 17:08:44
Biz Stone, co-founder of popular microblogging site Twitter, denied a report that the company was in talks to sell a US$450 million stake to a JPMorgan fund, reiterating that it was committed to remaining independent.
Latest data shows floods hit Australia's economy
2011-03-03 11:11:00
The impact of the recent floods on Australia's economy is starting to show up in the latest official housing and trade data.
Jobs breaks from medical leave to unveil iPad 2
2011-03-03 06:44:59
Apple CEO Steve Jobs briefly emerged from his medical leave and walked on stage to a standing ovation Wednesday to unveil iPad 2.
Yahoo in talks to exit Japan: sources
2011-03-02 13:16:39
A deal to transfer Yahoo's 35 percent stake in Yahoo Japan to telecommunications company and investor SoftBank could come within a few weeks.
Higher oil prices threaten to become the new norm
2011-03-01 15:21:32
Ongoing turmoil in the Middle East and North Africa threatens to bring about an extended period of heightened oil prices, turning the recent spike in energy costs into the norm rather than the exception.
Retail banks in emerging markets see consumer trust
2011-02-28 15:31:35
Retail banks in emerging markets saw increasing consumer confidence in 2010, according to a new report from Ernst & Young, one of the world Big Four auditors.
Vietnam hikes fuel prices by up to 24 percent
2011-02-24 14:37:18
Vietnam raised fuel prices by up to 24 percent, adding to soaring inflation and causing gridlock in the capital Hanoi as motorists scrambled to fill their tanks before the hike took effect.