Google decided to ratchet up excitement around the Samsung Galaxy Tab 10.1, which runs its tablet specific OS Android 3.0, by giving it for free to 5,000 attendees at the Google I/O conference and incurring about $499 per piece or $2.5 million in total.
Toyota Motor Corp posted a steeper-than-expected fall in quarterly profits after Japan's biggest quake on record hit output, and lamented that making cars at home was tougher than ever now with disasters compounding the impact of a strong yen.
Stock index futures pointed to a slightly higher open on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 all up 0.1 percent.
TOKYO, May 11 - Toyota Motor Corp posted a 52 percent fall in quarterly operating profit on Wednesday and gave no annual forecasts, as expected, as it struggles to measure the scope of the disruption to production after the March 11 earthquake.
World stocks rose for a second straight day on Wednesday thanks to favorable U.S. and European corporate earnings, while the euro slipped on uncertainty over whether debt-laden Greece would need additional financial aid.
GM has announced that it will invest $2 billion in two years from now, creating or retaining 4,000 jobs.
China on Tuesday pledged easier access for U.S. companies to key sectors of its economy by removing barriers to its huge market in government contracts and offering a foothold to U.S. mutual funds.
Asian shares firmed on Wednesday as rising global commodity prices boosted energy and resource stocks, while investors largely shrugged off data from China suggesting growth there is starting to slow.
China's inflation eased a touch to 5.3 percent in the year to April from a 32-month high of 5.4 percent in March but was still higher than expected, keeping the door open for more tightening steps.
The Got Talent franchise is a British TV format conceived and owned by Simon Cowell's SYCO company.
The U.S. got its most wanted criminal when U.S. Special Forces killed Osama bin Laden but the troops left behind a key piece of secret technology they tried to destroy in the frantic, tense minutes when they raided the al-Qaeda leader's northern Pakistan compound: a Stealth Helicopter.
Governments, or nowadays central banks, are traditionally the largest holders of gold. And for most of the past two decades, central banks have been net sellers of gold. But since 2010, central banks are net buyers again, because central banks of emerging market economies are aiming to diversify their ever growing currency reserves and reach a similar level in gold reserves as the club of old industrial economies.
Giant Chinese man can’t find fitting shoes, dreams of normal life.
Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
A Pakistani official said on Tuesday the government may let very interested Chinese officials see the remains of a secret U.S. stealth helicopter which was abandoned and mostly destroyed during a U.S. Special Forces raid of Osama bin Laden's compound last week.
The US government can’t possibly pay back its $14-trillion debt. Not fairly, at least. Instead, its strategy is to devalue the US dollar so that the nominal value of the $14-trillion debt becomes less in real terms.
When the United States' elite Navy SEAL Team Six unit killed Osama bin Laden on May 1, 2011, the world wondered how he hid, seemingly out in the open, for so long.
U.S. Secretary of State Hillary Clinton has denounced China’s human rights abuses and its response to dissent in an interview published on Tuesday in The Atlantic magazine.
Stocks rose for a third day on Tuesday, led by utilities and other defensive sectors that may drive further gains as investors bet on profit growth and set aside concerns about weakening demand.
President Barack Obama‘s speech on immigration in El Paso, Texas on May 10, 2011.
China has agreed to steps to open its government procurement market to more U.S. companies and let U.S. banks sell mutual funds in the country, a senior U.S. Treasury official said on Tuesday.
China on Tuesday pledged to make it easier for U.S. companies to win Chinese government contracts, addressing a long-standing complaint of foreign corporations seeking a piece of the fast-growing market.
