COMPANIES

China ANTA says Q3 2011 order book value up 20 pct

China ANTA says Q3 2011 order book value up 20 pct

China's ANTA Sports Products Ltd said it recorded 20 percent growth in order book value for the third quarter of 2011, suggesting optimism among distributors over sportswear industry prospects in the mainland.
China fines Carrefour, Wal-Mart a combined $1.5 mln

China fines Carrefour, Wal-Mart a combined $1.5 mln

China has fined retail giants Carrefour SA and Wal-Mart Stores Inc a combined 9.5 million yuan ($1.5 million) for manipulating product prices in some of their stores, the country's top economic planner said on Tuesday.
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Jaguar unveils C-X75 concept super electric car

Luxury carmaker Jaguar unveiled the C-X75 Concept car at the 2010 Paris Auto Show. The car C-X75 Concept is capable of reaching 100kph (62mph) in 3.4 seconds from standstill, it will also not harm the environment as it creates zero emissions during urban use.
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GM to offer Pandora Internet radio on Chevy cars

General Motors Co (GM.N) will launch a new system to stream online radio from Pandora in upcoming Chevrolets starting with the Volt and Equinox. The new partnership comes as the top U.S. automaker looks to make up for lost ground against Ford Motor Co (F.N) in the increasingly competitive market for digital entertainment systems in vehicles.
China Overseas Land eyes 20 pct net profit growth

China Overseas Land eyes 20 pct net profit growth

China Overseas Land and Investment Ltd, the country's largest developer bymarket value, said it aims to record 20 percent growth in netprofit this year, betting that it can ride through governmentmeasures to cool the market.
Latest data from the ‘Mining Industry Major Projects – October 2011’ report of the Bureau of Resources and Energy Economics (BREE) showed committed capital investment into the country’s already booming resources industry grew 34 per cent to A$231.8 billio

Reaping the profits: The 5 largest Gold Miners

Record high gold prices are boosting the earnings and valuations of Gold Mining companies. Around 20 of the biggest gold producers represent approximately 60% of global corporate gold production: 30 million fine ounces, netting $40 billion in annual revenue.
HSBC to launch flash China PMI on Feb. 21

HSBC to launch flash China PMI on Feb. 21

HSBC Holdings Plc will launch a flash purchasing managers' index for the Chinese manufacturing sector on Feb. 21, providing one of the earliest available performance indicators for the world's second-largest economy.
 Hyundai Motor to recall 190,000 cars in US

Hyundai, Samsung to develop Smart Car

The world's second-largest mobile phone maker Samsung Electronics and South Korea's top automaker Hyundai Motor are considering joint development of a smart car.
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Pop star Britney Spears purchases a mansion in L.A. for nearly $20 million

Pop star Britney Spears has recently purchased a nearly 20,000 square foot Tudor-style mansion in hidden Hills area of Los Angeles. The house is situated on a 3.39-acre village-like estate and comes with an entertainment complex with arcade, wood-paneled ballroom, fitness center, poker playing room, and even staff apartments.
IBM's Watson computer system

Watson Gets First Post-Jeopardy! Assignment

IBM announced an agreement with Nuance Communications, a speech recognition provider, to develop and commercialize Watson's advanced analytics capabilities in the health-care industry.

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