The main challenge that is going to grip Page is going to be the confrontation with Facebook, the world’s largest networking site which is closing in on 1 billion users. And another competitor would be Apple in terms of mobile advertising. Recently Facebook was in the new about the challenge it posses over Google in terms of advertising.
Close on the heels of a China central bank adviser hinting at an imminent rate hike, a state-controlled newspaper has said more rate hike is on the cards, probably as early as in February, confirming the dominant view that Beijing will pull out all the stops to address what is becoming a serious political problem.
The Ministry of Land and Resources of China on Wednesday has brought 11 rare earth mines under states control, in order to improve the protection, utilization of the country's strategic resources and drive up prices of the element in global markets.
Asian stocks tumbled and commodities paused on Friday after a recent selloff on worries that rising inflation may invite aggressive policy tightening and hurt growth in the world's growth engines like China and India.
China's Lenovo Group is in talks with Japan's NEC Corp for a joint venture in personal computers, two sources familiar with the matter said, in a deal that would help them close the gap with larger global rivals.
General Electric Co is expected to report a 14 percent rise in quarterly profit on Friday, with lower credit losses at its finance arm offsetting the dulling effects of a tepid economy on heavy equipment orders.
China's plan to change itself from a major manufacturer to a leading global source of innovation poses an enormous challenge for U.S. companies whose competitive edge depends on coming up with the next big idea.
Chinese President Hu Jintao got an earful of U.S. lawmakers criticism on North Korea and human rights on Thursday, but tried to assure the United States that China's military and trade policies were not a threat.
The United States warned China that if it didn't rein in its ally North Korea it would redeploy forces in Asia, the New York Times reported on Friday, as Pyongyang bowed to pressure and agreed to crisis talks.
Global equities and commodity prices fell on Thursday after robust Chinese economic growth prompted fears the world's second-largest economy would try to choke off excessive demand that is fueling inflation.
China understands a stronger yuan is in its best interest although President Hu Jintao made no specific commitment to let the currency rise more rapidly, U.S. Vice President Joe Biden told Reuters on Thursday.
Stocks closed modestly lower, but well above intra-day lows, as the tech sector incurred the heaviest losses on fears of Chinese interest rate hikes.
Chinese President Hu Jintao on Thursday called for closer U.S.-China cooperation on economic and security issues, especially in the Asia Pacific region where both countries have strong interests.
For Jeff Immelt, the CEO of General Electric (GE.N`), the 130 year-old American industrial behemoth, the financial crisis marked the end of the age of America's economic dominance.
Wall Street banks are not taking the kind of big risks they did in commodities just a few years back, even after one of the biggest commodities rallies in two straight quarters since the 1970s.
Stocks fell on Thursday as lackluster tech and materials earnings failed to live up to heightened expectations, threatening to short-circuit a seven-week run.
Cybercrime has evolved beyond targeting Windows as it moves into smartphones, tablets and mobile platforms.
Reports that some financial institutions have started to exit their gold positions have been circulating this week, says French bank and London bullion dealer Natixis in its latest commodity analysis. Physically-backed ETF trust funds shrank almost 1% this week on Natixis' data - the sharpest weekly drop since we started keeping records in 2008.
Just one day after signing a huge contract to sell aircraft to China, Boeing (NYSE: BA) said it will lay off about 1,100 U.S, workers involved in the manufacture of its C-17 military-cargo aircraft through the end of next year.
The Dow and S&P were flat on Thursday while the Nasdaq slipped as investors paused to digest corporate earnings against raised expectations in a market many analysts viewed as extended.
Japan's NEC Corp and China's Lenovo Group Ltd are in the final stages of talks for a tie-up in the personal computer business, the Nikkei business daily said.
U.S. home resales jumped more than expected in December and claims for new jobless claims last week posted their biggest decline in nearly a year, showing two key economic trouble spots on the mend.
