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AT&T to sell Palm, Dell smartphones

AT&T Inc will start selling Palm Inc's mobile phones in a few months, Palm said on Monday, as it looks to expand distribution and raise consumer awareness of its phones.

Arrow bows to $3.1 billion bid from Shell, Petrochina

Australia's Arrow Energy Ltd agreed to a fresh takeover offer from Royal Dutch Shell and PetroChina, raised by six percent to A$3.4 billion ($3.1 billion) for most of its Australian assets.

Why the next battle may be for rare earths?

Rare earths are indeed getting rare. I got wind of it only a few months back when doing a story on Canada Resource Group and their Blue River Project in British Columbia. It's President David Hodge in an interview said that tantalum that is used in cellphone, laptops, digital camerals and several modern industries is in short supply with Western supply totally eliminated.

Australia shifts focus from gold to gas

After gold, Australia now has shifted its focus on huge deposits of newly found natural gas off its North East coast to earn the post of energy superpower. According to Australia's Resources ministry, projects being ramped up to tap huge undersea fields off the country's northwest could quadruple its exports of liquefied natural gas in the next few years.

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Three Rio employees plead guilty at China trial

Three of the four Rio Tinto executives on trial in Shanghai pleaded guilty to taking bribes, including Australian national Stern Hu, a lawyer for one of the accused said on Monday.

Arrow's Davies hits target with sweetened Shell bid

When Nicholas Davies joined Brisbane-based Arrow Energy Ltd as chief executive in 2004, he was charged with growing the then junior explorer into one of Australia's top coal seam gas producers by 2010.

Rio employees China trial opens, guilty plea reported

Four employees of mining giant Rio Tinto stood trial in China on Monday, while the company's chief executive said in Beijing that Rio remained committed to working with the key Asian customer.

Rio Tinto CEO says respectfully awaiting China trial outcome

Rio Tinto Chief Executive Tom Albanese said he was respectfully awaiting the outcome of China's trial of four of the company's employees, which began on Monday.

Yuan in global FX reserves as soon as 2025: c.banker poll

China's yuan could become a reserve currency accounting for at least five percent of global foreign-exchange reserves as early as 2025, central bankers said in an annual global survey.

BofA CEO Moynihan makes first trip to China: report

Bank of America Corp Chief Executive Brian Moynihan is making his first trip to China this week as the U.S. lender pushes to catch up with rivals in the world's fastest-growing economy, the Wall Street Journal reported, citing people familiar with the situation.

China vows to hit back if targeted by U.S. on yuan

Beijing will retaliate if the United States declares China a currency manipulator and imposes trade sanctions, Commerce Minister Chen Deming said on Sunday, firing the latest salvo in a spat over the value of the yuan.

Rio Tinto chief to speak as trial begins in Shanghai

The trial of four Rio Tinto employees opens on Monday in Shanghai, China's financial hub, in a case closely watched by investors anxious over the business environment for foreign firms and their Chinese employees.

Venezuela's Chavez: I'm pro-Internet

President Hugo Chavez denied on Sunday that he planned to censor or limit the Internet in Venezuela, saying on the contrary Web use had shot up more than nine fold during his decade in power.

China state media accuses Google of political agenda

China's state media on Sunday accused Google Inc of pushing a political agenda by groundlessly accusing the Chinese government of supporting hacker attacks and by trying to export its own culture, values and ideas.

China could report trade deficit in March

China's trade balance could turn to a deficit in March, commerce minister Chen Deming said on Sunday, adding that adjustments to the yuan's value would not by itself resolve global trade imbalances.

Gold slowly making way for platinum in India

After China, platinum jewellery is making inroads in India now. Till now, Indians have been ardent lovers of gold, buying it on every auspicious occasion. Indians are the biggest consumers of the yellow metal in the world. But, things are changing slowly. Platinum is the new craze for younger generation and they go for the white metal.

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