Airbus receives 6 A380 orders from Asiana Airlines

2011-01-07 08:55:28

Airbus has signed an agreement with Asiana Airlines for the sale of six A380 aircraft to the South Korean flag carrier, the French company said on Thursday.

US, Chinese firms to build world's largest solar plant

2011-01-06 07:55:30

First Solar Inc, a US-based renewable energy company, signed a memorandum of understanding (MOU) with China Guangdong Nuclear Solar Energy Development Co Ltd (CGN SEDC) on Wednesday to jointly develop the world's largest solar power plant.

Starbucks new logo drops company name

2011-01-06 07:32:52

Starbucks Corp unveiled a simplified new logo on Wednesday that focuses on its mermaid symbol and removes the company name from around the border of the "siren."

World Bank issues its first-ever yuan bonds

2011-01-05 14:35:26

The World Bank said it is issuing its first-ever bond denominated in China's currency, the yuan, in Hong Kong, as the country promotes international use of its currency.

Oil hovers above $89 as US crude supplies drop

2011-01-05 13:26:18

Oil prices hovered above $89 a barrel Wednesday in Asia, staunching losses from the previous session amid signs US crude demand may be improving.

US regulators want $2.5 billion from bank execs

2011-01-05 08:23:08

US banking regulators have authorized lawsuits against 109 bank officials so far as they seek to recover at least $2.5 billion in losses connected to recent bank failures.

Americans optimistic about 2011 economy: poll

2011-01-04 20:56:00

A majority of Americans are feeling optimistic about next year's US economy, according to a Gallup survey released on Monday.

Estonia becomes 17th member of euro zone

2011-01-01 07:09:58

Estonia on Saturday officially adopted the euro, the single European currency, becoming the 17th member of the eurozone.

Traffic jam costs Bangladesh $1.7 billion

2010-12-30 13:55:46

Traffic congestion in Bangladesh's capital Dhaka causes a loss of about $1.68 billion a year.

Mongolia to set up bank to develop heavy industry

2010-12-30 17:09:38

The Mongolian Government would set up a development bank to finance large mining and infrastructure projects, the Mongolian Press Service announced Thursday.

Trade between S Korea and India surges 44.5%

2010-12-30 15:23:30

Bilateral trade volume between South Korea and India surged 44.5 percent during the first 11 months of the year after the two-way trade pact came into effect.

Oil falls in light year-end trade

2010-12-30 11:11:15

Crude prices fell on Wednesday in light trade as investors took profit from earlier gains before year-end.