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China Firms Show Voracious Appetite for Bargains in West

China's outbound direct investments (ODI) surged 72.8% to $23.16 billion during the first four months of this year over the same period last year, according ...

Tower Opening Marks Abu Dhabi's Rise, Dubai's Decline

There's no greater symbol of the shifting fortunes in the Gulf than the surprise renaming of the world's tallest building in Dubai

Department Stores Report Better December Sales

Department stores reported higher sales in stores open at least a year this December than last, and many raised their fourth-quarter forecasts.

China Rate Hike, U.S. Jobs Data Dampen Stocks

Chinese stocks led world markets lower Thursday after the country's central bank unexpectedly increased the interest rate on one of its treasury bills

New CEO Expects 2010 Profits for Leaner GM

General Motors Co.'s chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers

Proposed Delta-JAL Tieup Prompts Monopoly Fears

A group representing business travelers is opposing the proposed tie up between Delta Air Lines and money-losing Japan Airlines as bad for competition.

Samsung Profits Soared to $3.44 Bil. in Q4

Samsung Electronics Co. predicted Thursday an operating profit of up to $3.44 billion for the fourth quarter of 2009 as the world's top TV seller ...

Ford's China Sales Up 44% in 2009

Ford Motor Co. said Thursday sales in China by the company and its local partners soared 44 percent in 2009, highlighting the country's key role

LG to Introduce 3-D TV in May

LG Electronics says it will introduce its first 3-D-capable flat panel TVs for the U.S. market in May.

Hundreds of Dealerships Could Be Restored by GM

Hundreds of the 1,350 General Motors Co. dealers who lost their franchises last year could see them restored in a congressionally mandated arbitration

Apple Ally AT&T to Add Android Phone to Lineup

AT&T Inc. is adding cell phones running Google's Android operating system to its lineup, bringing what could be the iPhone's greatest rival

Cell Phones to Receive Free Local TV Broadcasts

The prospect of watching live, local TV shows on mobile phones and other portable devices is getting closer. Manufacturers this week are showing off

Boeing Orders Fell 90% in 2009

Boeing Co. said its customers ordered just 142 commercial airplanes last year as the recession forced airlines to shrink.

Avatar Explodes to $4.8 Mil. Record Opening Day in China

Already a global hit, James Cameron's "Avatar" raced to a $4.8 million first day in populous China, with a publicist predicting the sci-fi blockbuster

Amazon Unveils Global Version of Kindle

Amazon.com Inc. will start selling an international version of its larger-screen e-reader, Kindle DX, in an effort to snag more sales

Billionaire Rajaratnam to Face New SEC Charges

Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million

Google Unveils Nexus One "Super-Mobile" Phone

Google Inc. began selling its own mobile phone Tuesday, a much-anticipated move aimed at protecting its online advertising empire

Big Carmakers End Awful 2009 with Strong Momentum

Big automakers are glad to see the end of 2009, the worst year for U.S. sales in nearly 30 years.

Powermat Expands Wireless Charging for Cell Phones

Powermat USA helped consumers cut some power cords last year by selling mats that juiced up gadgets placed on top of them.

Manhattan Home Sales Rose As Prices Fell in Q4

Home sales in Manhattan rebounded at the end of the year, but experts predict a weak recovery for the new year because the number of ...

Giant Bluefin Tuna Fetches $177,000 at Tsukiji Market

A giant bluefin tuna fetched 16.3 million yen ($177,000) in an auction Tuesday at the world's largest wholesale fish market in Japan.

Japan Auto Sales Fell to Lowest Level in 38 Years

Auto sales in Japan declined to their lowest in 38 years, slumping 9 percent to 2.9 million vehicles for 2009, an industry group said Tuesday.

Jobless Rate May Stay High As Employers Keep Pruning

Brace for a year of stubbornly high unemployment. Gripped by uncertainty over the economic recovery, employers chopped 85,000 jobs

JAL Rejects U.S. Cash Bids, to Cut Third of Workforce

Troubled Japan Airlines Corp. is set to cut about 15,600 jobs, a third of its work force, and reject billion-dollar cash offers from Delta and ...

China Export Growth Boosts Global Stocks

World stock markets rose strongly Monday after a surprisingly strong rebound in China's exports reinforced hopes about the pace of the global economic

Phone TV, Wireless Charging Among Hits at Electronics Show

At the International Consumer Electronics Show last week, 3-D television, electronic readers and little laptops captured much of the attention.

Carmakers Ditch Bunker Mentality for Detroit Show

Electric, hybrid and small cars will grab center stage at the Detroit auto show this week, as the industry adapts to a world reshaped by ...

Google to Settle with China Authors for Pirate Scans

Google Inc. wants to apologize for its poor communication with Chinese authors about scanning their books into its online library and is ready to work ...

JAL to Decline Tieup Offers by Delta, American

Troubled Japan Airlines Corp. and the state-backed corporate turnaround body responsible for the money-losing airline's restructuring

Ford to Show Off New Global Focus, Efficient Structure

In a year that humbled most automakers in America, Ford came out looking smart.

Boeing Rethinks Short-Range 787 After Losing Sole Order

Boeing Co. is reevaluating plans for a short-range version of its 787 airplane after the sole airline with pending orders

JAL Could File Bankruptcy on January 19

Struggling Japan Airlines Corp. could file for bankruptcy as early as Jan. 19 under a government-backed restructuring plan which includes 13,000 job cuts

U.S. Firm to Build $5 Bil. Solar Power Plant in China

A U.S. solar power company said Saturday it will help build a series of solar thermal power plants in China, as the world's biggest emitter ...

China Pulls Out of $40 Bil. Australia Gas Deal

Energy giant PetroChina Co. Ltd. has pulled out of a $40 billion deal to buy natural gas from a project off Australia, leaving Woodside Petroleum ...

Mercedes Sales Up 12% in December

Sales of Daimler AG's Mercedes-Benz brand cars rose more than 12 percent on the year in December as global markets picked up, the company said ...

Taiwan Semi Reports 130% Chip Sales Jump

Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Friday its December 2009 sales more than doubled

Asia Stocks Mostly Higher Ahead of U.S. Jobs Report

Asian stocks were mostly higher Friday ahead of a critical U.S. jobs report but China's market slipped after the country took fresh steps to slow ...

China Mobile Vice-Chairman Fired for Past Corruption

China Mobile Ltd., the world's biggest phone company by subscribers, said Friday it has dismissed its vice chairman, who a business magazine reported

Bank of Korea Keeps Interest Rates at Record Low

South Korea's central bank left its key interest rate at a record low for an 11th straight month Friday amid government concern that a solidfying ...

Intel Takes Nano Lead, AMD Holds Graphics Edge

Intel Corp. rolled out new computer chips Thursday that highlight the company's lead over Advanced Micro Devices Inc. in its ability to shrink the circuitry

Prius Japan Sales Tripled to Top Spot in 2009

The Toyota Prius was the top-selling car in Japan last year — the first time a gas-electric hybrid has clinched that spot.

Ford Adds Tweets to Sync, LCD Panels to Most Cars

Ford Motor Co. is adding Twitter messages and Internet radio to its in-car entertainment and communication service, known as Sync

American Raises JAL Tieup Offer to $1.4 Bil.

American Airlines has dug deeper to save its relationship with Japan Airlines, raising the amount it is willing to invest in the ailing airline to ...

Exploding Cellphone Use Sets Off War for Radio Spectrum

Wireless devices such as Apple's iPhone are transforming the way we go online, making it possible to look up driving directions, find the nearest coffee ...

Nokia Claims All Apple Products Infringe Patents

Nokia Corp. is broadening a legal dispute it already has with Apple Inc. over the iPhone, saying almost all of the company's other products also ...

Consumer Confidence Up in December but Still Weak

Americans are ending 2009 feeling better about the economy than when the year began, buoyed by optimism that job prospects will improve

Networks May Ditch Broadcast TV As Ad Profits Shrink

For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials.

Asia Markets Mixed in Very Light Holiday Trading

Asian stocks markets were narrowly mixed in dwindling holiday trade Tuesday after Wall Street posted muted gains.

Google Faces China Lawsuit Over Book Scanning

A Chinese novelist is suing Google Inc. over its project to scan books into its online library.

Thin Inventory Means Fat Profits for Retailers

Retailers have thin inventories after coming out of Christmas with slightly better-than-expected sales.

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