Ford Posts 43% Sales Jump, Passes GM
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...
Business
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
U.S. Blocking Free Trade Talks Says Dutch Minister
The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Japan Exports Jumped 45% in February
Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
Data Shows Brakes Not Applied at Time of NY Prius Crash
Computer data from a Toyota Prius that crashed in suburban New York City show that at the time of the accident the throttle was open ...
Gas Prices Highest Since Oct 2008
Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand
Initial Jobless Claims Fall More Than Expected
New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Toyota to Pause UK, France Production on Weak Demand
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the ...
China to Launch Stock Futures Trading
China will launch trading of stock futures on April 16, regulators said Friday, in a move that could help boost stock prices and increase the ...
Nano Safety Questioned As New Car Bursts into Flames
When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative ...
FedEx Sees Solid Global Recovery Led by Asia
FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.
Oracle Revenues, Profits Top Wall Street Views
Oracle Corp.'s quarterly profit edged past Wall Street's estimates as revenue from new software licenses ratcheted higher for the second quarter in a row.
Improving Laptop, TV Sales Boost Best Buy
Better sales of notebook computers and flat-panel TVs helped Best Buy's fourth-quarter earnings rise 37 percent, the electronics retailer said Thursday.
China to Buy Brazil's Itaminas Iron Ore Mine
A state-run Chinese mining company said Thursday it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello.
Go Daddy Joins Exodus from China Business
Two U.S. companies that sell Internet addresses to Web sites said Wednesday they had stopped registering new domain names in China
Fiat to Cut 5,000 Jobs
Fiat will cut 5,000 jobs in Italy, slash the number of car models and increase production as part of its new strategic plan
Google Ties with China Partners Being Severed
A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Big Aussie Energy Deal Signed As Rio Tinto Trial Ends
Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
Surprise Retail Sales Growth Offset by Inventory Data
Stocks are rising in early trading after retail sales unexpectedly rose in February, raising hopes that the economy may be gaining momentum.
Ford Posts 43% Sales Jump, Passes GM
Ford posted a 43 percent jump in February U.S. auto sales and outsold General Motors for the first time in nearly a dozen years as ...
GM Sales Rise 11.5% in February
Toyota's recalls and East Coast snowstorms weighed down U.S. auto sales in February, but automakers remained optimistic that a recovery is under way.
Asia Stocks Up on Hopeful Economic Data
Asian stock markets were mostly higher Tuesday as positive regional economic reports and corporate dealmaking buoyed optimism about the global
Toyota Fixes Leaky Oil Hoses in U.S., Japan
Toyota is repairing more than 1.6 million vehicles around the world, including the U.S. and Japan, for potentially leaky oil hoses
Toyota Apologizes to Europe at Geneva Auto Show
Toyota Motor Corporation kept up its worldwide damage-control campaign, apologizing to European customers at the Geneva Auto Show
S. Korea Gas Co. to Develop Canada Fields
South Korea's state-run gas company is making a $565 million Canadian ($543 million) investment in two northeastern British Columbia natural gas plays.
Japan Unemployment Rate Fell in January
3/1/2010 6:53 PM TOKYO (AP)
Gasoline Prices to Make Seasonal Upward Move
It may not make much sense, given that the economy remains weak, but the cost of filling up your car is about to go higher.
Rio Tinto Execs Plead Guilty to Taking Bribes
An Australian executive and three other employees of mining giant Rio Tinto face charges of stealing secrets and offering bribes in a Shanghai trial
U.S. Blocking Free Trade Talks Says Dutch Minister
The Dutch economic affairs minister has accused the U.S. government of being the most important hindrance to global trade talks
Broadband Plan Puts U.S. in Global Slow Lane Say Experts
The sweeping national broadband plan that federal regulators delivered to Congress last week doesn't go far enough to satisfy some experts who warn
Nintendo to Launch 3-D Handheld Console
Looking for its next big hit, Nintendo said Tuesday it would begin selling a 3-D version of its popular handheld console within a year.
China's Geely to Close Volvo Purchase by Month's End
Zhejiang Geely Holding Group expects to wrap up talks on buying Ford Motor Co.'s Volvo car unit by the end of this month
Google Stays in China, Redirects Searches to Hong Kong
Google Inc. stopped censoring the Internet for China by shifting its search engine off the mainland Monday but said it will maintain other operations
Tiffany Q4 Profits Quadruple on Global Sales Growth
Rising sales worldwide for jeweler Tiffany & Co., particularly during the holidays, boosted its fourth-quarter profit.
China Media Accuse Google of Breaking Promises
China reacted quickly Tuesday to Google Inc.'s decision to stop censoring the Internet for China by shifting its search engine off the mainland
More Foreign Firms Feel Unwelcome in China
A growing number of foreign businesses in China feel shut out under new government policies promoting homegrown technology
German Exports to China Rose 7%
German data show that the country's exports to China rose by 7 percent last year despite an overall decline that saw it lose its status ...
Toyota Shareholders Sue Management Over Drop in Stocks
Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company
Japan Exports Jumped 45% in February
Japan says exports in February jumped 45.3 percent from a year earlier, fueled by robust global demand for cars and electronics.
GM's Daewoo Unit Recalls 60,000 SUVs, Sedans
General Motors is recalling nearly 60,000 automobiles in South Korea due to potential problems with steering wheels, fuel hoses and seats
India Aims to Cool Inflation with Surprise Rate Hike
India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation
Investors Unfazed by Prospects of U.S. Losing AAA Rating
It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council — a triple-A credit rating
Boeing Speeds Up 777, 747 Production to Meet Demand
Boeing Co. will speed up production plans for its 777 and 747 models in anticipation of greater demand from commercial airlines.
Health Care Bill Would Tax Investments, Health Insurers
High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama's health care overhaul bill.
Samsung Aims for Double-Digit Growth in 2010
Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales
Chinalco to Develop Guinea Mine with Rio Tinto
Mining giant Rio Tinto Ltd. and China's Chinalco have signed a deal to develop an iron ore reserve in the West African country of Guinea.
Data Shows Brakes Not Applied at Time of NY Prius Crash
Computer data from a Toyota Prius that crashed in suburban New York City show that at the time of the accident the throttle was open ...
Gas Prices Highest Since Oct 2008
Motorists are paying the highest prices for gas since October 2008. Retail gasoline prices rose on Thursday on an expected increase in demand
Initial Jobless Claims Fall More Than Expected
New claims for unemployment benefits fell more than expected last week as layoffs ease and hiring slowly recovers.
Ericsson Signs $1.8 Bil. Deals with China Mobile, Unicom
Swedish wireless equipment maker L.M. Ericsson AB says it has signed deals worth $1.8 billion with Chinese operators China Mobile and China Unicom.
Japan Auto Production Surge in Feb. Led by Toyota
Japanese automakers said their global production surged in February, as Toyota boosted output 83 percent from a year earlier despite an ongoing recall
China's Geely to Buy Volvo for $1.8 Bil.
Zhejiang Geely Holding Group signed a binding deal Sunday to buy Ford Motor Co.'s Volvo Cars unit for $1.8 billion
Verizon Winds Down Costly FiOS Expansion
If Verizon Communications Inc. hasn't already started wiring your city or town with its FiOS fiber-optic TV and broadband service
French Growth Slows to Crawl in 2010
The pace of France's economic growth slowed at the start of 2010 as a government vehicle scrappage scheme was phased out
EU, IMF Agree on Greek Bailout Plan
Heavily indebted Greece won a major pledge of financial support from the other countries that use the euro and the International Monetary Fund
Toyota to Pause UK, France Production on Weak Demand
Toyota said Friday it is stopping production at its factories in France and Britain for a total of nine days amid weak demand that the ...
China to Launch Stock Futures Trading
China will launch trading of stock futures on April 16, regulators said Friday, in a move that could help boost stock prices and increase the ...
Nano Safety Questioned As New Car Bursts into Flames
When it was launched less than a year ago, the $2,500 Tata Nano was promoted as a safe, ultra-cheap car for poor Indians, an alternative ...
FedEx Sees Solid Global Recovery Led by Asia
FedEx says the global economic recovery is broadening, as Asia continues to show strong growth and the U.S. economy gains steam.
Oracle Revenues, Profits Top Wall Street Views
Oracle Corp.'s quarterly profit edged past Wall Street's estimates as revenue from new software licenses ratcheted higher for the second quarter in a row.
Improving Laptop, TV Sales Boost Best Buy
Better sales of notebook computers and flat-panel TVs helped Best Buy's fourth-quarter earnings rise 37 percent, the electronics retailer said Thursday.
China to Buy Brazil's Itaminas Iron Ore Mine
A state-run Chinese mining company said Thursday it has agreed to buy the Itaminas iron ore mine in Brazil from its owner, Bernardo de Mello.
Go Daddy Joins Exodus from China Business
Two U.S. companies that sell Internet addresses to Web sites said Wednesday they had stopped registering new domain names in China
Fiat to Cut 5,000 Jobs
Fiat will cut 5,000 jobs in Italy, slash the number of car models and increase production as part of its new strategic plan
Google Ties with China Partners Being Severed
A popular Chinese Web portal said Wednesday it is taking over operation of two services developed and formerly operated with Google just days after the ...
Sweden's Electrolux Bids for Daewood Electronics
Swedish appliance maker Electrolux AB says it has made a bid for Daewoo Electronics Corp. of South Korea.
Big Aussie Energy Deal Signed As Rio Tinto Trial Ends
Australia and China signed a multibillion dollar energy deal Wednesday, pushing ahead with business as the trial of four employees of mining giant Rio Tinto
Asian Stocks Up on Data from U.S., Asia
Asian stocks were up modestly Wednesday as encouraging economic reports and gains in U.S. markets buoyed investor confidence.
Surprise Retail Sales Growth Offset by Inventory Data
Stocks are rising in early trading after retail sales unexpectedly rose in February, raising hopes that the economy may be gaining momentum.
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