Strong Yen Sends Japan Inc on Overseas Buying Spree
The value of Japan's overseas acquisitions during the first eight months of the year more than doubled those of the same period of 2010.
Business
Thousands Strike Shenzhen Sanyo Plant on Job Fears
About 4,000 workers at a Sanyo Electric plant in southern Shenzhen joined the rash of recent labor protests in Guangdong province Monday.
Geely Plans to Export 1 Mil. Cars to Europe, US
China's Geely has quietly taken big strides toward meeting its goal of exporting 1 million cars by 2015, most of them to Europe and the ...
Dipak Das Fired by UConn for Faking Resveratrol Data
Dipak K. Das is being terminated for manipulating research data on the effect of resveratrol on heart health.
David Kang to Head Up Rolling Stone, Us Weekly Online
David Kang will take charge of online publishing for Rolling Stone, Us Weekly and Men's Journal.
China Becomes Audi's Top Market with 37% Growth
The luxury division of Germany's Volkswagen sold 313,036 vehicles in China in 2011, a 37% jump over 2010.
Samsung Posts Record Q4 Profits, Annual Sales
Samsung Electronics strengthened its position as the world's biggest consumer electronics firm with record annual sales for 2011 and record profits for the final quarter ...
Big Japanese Firms Plan to Hire More Foreign Workers
Plans for overseas expansion are prompting 23% of Japan's top 122 companies to begin hiring more foreigners beginning in 2012.
India's Nascent Luxury Car Market Begins Growth Surge
India's luxury car market surged 40% over 2010 to hit $1.4 billion in 2011, outstripping growth in jewelry and electronics.
China to Phase in 7 New Industries, Phase Out 19
China has named seven new industrial sectors to be cultivated as part of the 12th five-year plan while adding six sectors to the list of ...
Jiangsu Poised to Pass Guangdong in GDP
Guangdong province will be the first of China's 31 provincial-level regions to post a 5-trillion yuan GDP in 2012.
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Comcast Faces Antitrust Hurdles to Complete NBC Deal
Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC
GM Enters India As Junior Partner to China's SAIC
General Motors Co. and its main Chinese partner announced a venture Friday to sell vehicles in India, uniting in the two fastest-growing car markets
Taiwan Gov't to Subsidize World-Leading e-Book Industry
The Taiwan government says it will spend 2 billion New Taiwan dollars ($65 million) to support its electronic-book industry and help makers cash in
Strong Yen Sends Japan Inc on Overseas Buying Spree
The value of Japan's overseas acquisitions during the first eight months of the year more than doubled those of the same period of 2010.
Thousands Strike Shenzhen Sanyo Plant on Job Fears
About 4,000 workers at a Sanyo Electric plant in southern Shenzhen joined the rash of recent labor protests in Guangdong province Monday.
Geely Plans to Export 1 Mil. Cars to Europe, US
China's Geely has quietly taken big strides toward meeting its goal of exporting 1 million cars by 2015, most of them to Europe and the ...
Dipak Das Fired by UConn for Faking Resveratrol Data
Dipak K. Das is being terminated for manipulating research data on the effect of resveratrol on heart health.
David Kang to Head Up Rolling Stone, Us Weekly Online
David Kang will take charge of online publishing for Rolling Stone, Us Weekly and Men's Journal.
China Becomes Audi's Top Market with 37% Growth
The luxury division of Germany's Volkswagen sold 313,036 vehicles in China in 2011, a 37% jump over 2010.
Samsung Posts Record Q4 Profits, Annual Sales
Samsung Electronics strengthened its position as the world's biggest consumer electronics firm with record annual sales for 2011 and record profits for the final quarter ...
Big Japanese Firms Plan to Hire More Foreign Workers
Plans for overseas expansion are prompting 23% of Japan's top 122 companies to begin hiring more foreigners beginning in 2012.
India's Nascent Luxury Car Market Begins Growth Surge
India's luxury car market surged 40% over 2010 to hit $1.4 billion in 2011, outstripping growth in jewelry and electronics.
China to Phase in 7 New Industries, Phase Out 19
China has named seven new industrial sectors to be cultivated as part of the 12th five-year plan while adding six sectors to the list of ...
Jiangsu Poised to Pass Guangdong in GDP
Guangdong province will be the first of China's 31 provincial-level regions to post a 5-trillion yuan GDP in 2012.
China Export Rebound Heartens Asian Markets
China's exports are making a comeback after a jarring slump threw millions out of work, a sign of improving global demand that along with a ...
Beijing Auto to Buy SAAB Drivetrain Technology
Beijing Autos has agreed to buy technology from GM's Saab Automobile, a breakthrough for the Chinese automaker that could clear the way for General
Google Testing New Mobile Device on Employees
Google Inc.'s employees are testing a new mobile device that runs on the company's Android operating system, as the search giant continues its push into
Monsanto Used Patents to Tighten Grip Over GM Crops
onfidential contracts detailing Monsanto Co.'s business practices reveal how the world's biggest seed developer is squeezing competitors, controlling smaller seed companies
U.S.-Japan Open-Skies Pact Ushers in Big Airline Tieups
An aviation agreement between the U.S. and Japan could usher in a new period of closer alliances among the major carriers in both countries.
Volkswagen Begins Production of First India Car
Volkswagen AG started production of its first compact car in India on Saturday, hoping to capture up to 10 percent of the country's fast-growing
Strong Retail Data Drives Up Stocks, Boosts Dollar
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
Wendy's Pulls Out of Japan After 30 Years
Wendy's burger chain will withdraw from Japan, ending a 29-year presence in an Asian market long dominated by McDonald's Corp.
China Tech Purchasing Rule Angers Foreign Firms
Foreign companies are criticizing a new Chinese regulation they fear could block them from the multibillion dollar business of selling high-tech products
Caterpillar Forms Joint Venture with China Yuchai
Caterpillar Inc., the world's largest maker of construction and mining equipment, said Monday that it signed a joint venture deal with a Chinese company
China Nuokang Bio-Pharma Falls on NY Debut
Shares of China Nuokang Bio-Pharmaceutical Inc. fell nearly 4 percent in their trading debut Thursday after pricing at $9 per American depositary share
AOL Now Independent and Much Shrunken
AOL resumed life as an independent Internet company Thursday as it completed its spinoff from Time Warner Inc. and closed the book on one of ...
Americans' Net Worth Up for 2nd Straight Qtr.
Americans got wealthier for a second straight quarter in the fall, thanks to gains in stock investments and home values.
U.S. Trade Deficit Narrows on Surging Exports
The U.S. trade deficit unexpectedly narrowed in October as exports surged to the highest level in nearly a year. Growing exports, boosted by a weaker ...
Indian Gaming Kept Growing Through Recession
The economic downturn has slowed the growth of Indian gaming in America but the industry is faring better than traditional casinos
Panasonic to Buy Control of Sanyo for $4.6 Bil.
Panasonic Corp. said Thursday it will take majority control of Sanyo Electric Co. in a $4.6 billion deal, forging one of the biggest electronics makers
BOA Repays Entire $45 Bil. TARP Bailout
Bank of America Corp. said Wednesday it has repaid the entire $45 billion it owed U.S. taxpayers as part of the Troubled Asset Relief Program.
UAL Seeks Transpacific Joint Venture with ANA
A United Airlines executive says the carrier wants to pursue a joint venture with Continental Airlines and Japan's All Nippon Airways for flights across the ...
Boeing 787 Completes Long-Delayed Test Flight
Boeing's new 787 jetliner finally got airborne Tuesday, the long-delayed inaugural flight of the world's first commercial plane constructed with half its components
Treasury Backs Out of Plan to Sell Citi Stake
In a striking reversal of its attempts to unwind the government's financial stakes in big banks, the Treasury Department has backed out of plans to ...
Ssangyong SUV Revival Plan OKd by Korean Court
A court overseeing bankruptcy protection for South Korean automaker Ssangyong Motor approved the company's rehabilitation plan Thursday
Russia's Richest Man Closer to Owning Nets
A Russian billionaire has moved a step closer to becoming the NBA's first non-North American owner.
Craigslist Surprised by eBay Attitude on Classifieds Venture
Craigslist officials were caught off guard when told in 2007 that their minority shareholder, eBay, was going to compete directly with them in the online
BorgWarner to Supply Engine, Drivetrain for Hyundai Tucson
Auto powertrain manufacturer BorgWarner Inc. said Wednesday that it will supply the engine and drivetrain for the Hyundai 2010 Tucson and ix35 models.
Dodge City Casino Bets on Wild West Romance
Hundreds of people turned up Tuesday for the opening of a casino in Dodge City, launching a new franchise for Kansas and reviving memories of ...
American Offers Exclusivity to Keep JAL from Delta
American Airlines has proposed making JAL its exclusive Asian partner to keep it from Delta's clutches.
AltAir Sells Jet Fuel Derived from Camelina Plant Seeds
A renewable jet fuel company says it has agreements from 14 airlines to buy fuel derived from the oil of camelina plant seeds.
Oil Prices Fall Back Down on More Signs of Weak Demand
Oil prices hit two-month lows Wednesday as government data showed that energy demand continues to slump.
China Surpasses U.S. As World Center of IPOs
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy
Wells Fargo, Citigroup Repay TARP Loans
The last two major national banks are returning $45 billion in aid to taxpayers, marking the latest step toward recovery for the U.S. financial system.
Airlines Projected to Lose $5.6 Bil. in 2010
The global airline industry will face another harrowing year in 2010, with losses expected to reach $5.6 billion despite some recovery in passenger
Samsung Shakeup Elevates Founder's Grandson
Samsung Electronics Co. Ltd. has named digital media chief Choi Gee-sung as CEO in a reorganization designed to shake up the South Korean technology
Accenture First to Cut Tiger Sponsorship
For six years, global consulting firm Accenture PLC featured Tiger Woods in ads designed to highlight the company's claimed attributes of integrity and high performance.
PGA to Take Big Hit on TV Contracts in Tiger's Absence
The television networks already know what life without Tiger Woods looks like, and they were going to take that knowledge into their upcoming
Citigroup Repays $20 Bil. TARP Loan
Citigroup Inc. said Monday it is repaying $20 billion in bailout money it received from the Treasury Department, in an effort to reduce government influence
Abu Dhabi's $10 Bil. Dubai Bailout Boosts Markets
Stock futures are indicating a higher opening on Wall Street Monday after Abu Dhabi provided a surprise $10 billion bailout
Comcast Faces Antitrust Hurdles to Complete NBC Deal
Comcast Corp. will likely have to accept substantial conditions if the cable TV provider wants to win regulatory approval for control of NBC
GM Enters India As Junior Partner to China's SAIC
General Motors Co. and its main Chinese partner announced a venture Friday to sell vehicles in India, uniting in the two fastest-growing car markets
Taiwan Gov't to Subsidize World-Leading e-Book Industry
The Taiwan government says it will spend 2 billion New Taiwan dollars ($65 million) to support its electronic-book industry and help makers cash in
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