CHINA

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Lenovo takes aim at mobile Internet, China market

China's Lenovo, the world's No.4 personal computer maker, said it will develop more products this year for the mobile Internet, attempting to gain ground after a late start into the hot smartphone market.

Microsoft COO sees gradual recovery, client caution

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Microsoft is still seeing a lot of interest in its Windows 7 computer software launched last year and a new budget cycle will help a gradual recovery in business spending, its chief operating officer said.

Euro's woes mixed blessing for carmakers

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Global carmakers exporting from the euro zone ought to benefit from newfound weakness in the currency but auto executives at the Geneva Autoshow agree the 10-percent drop over the last three months is hard to handle.
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Spain busts global botnet masterminds

Spanish police have arrested three men accused of masterminding one of the biggest computer crimes to date -- infecting more than 13 million PCs with a virus that stole credit card numbers and other data.
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Spain busts ring accused of infecting 13 mln PCs

Spanish police have arrested three men accused of masterminding one of the biggest computer crimes to date -- infecting more than 13 million PCs with a virus that stole credit card numbers and other data.
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Tyson shifting away from Russia chicken market

Tyson Foods Inc , the biggest U.S. meat producer, said on Monday it had reduced the amount of chicken it exports to Russia to about 10 percent of its total chicken exports from 26 percent four years ago as the company works to find other markets for the product.
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U.S. unveils cybersecurity safeguard plan

The United States, pushing to promote global Internet freedom, on Tuesday declassified some of its initiatives on safeguarding government networks as it pursues partnerships in the effort.
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Commodities Track: Most commodity prices rise

Commodity prices recovered in February after falling in the first month of the year despite China's tighter monetary control regime and US Federal Reserve raising rates for emergency loans to banks which initally sent jitters down the commodity street. However, prices of key commodities have rebounded with crude oil rising as much as 10 percent while key Nymex traded Copper futures have gained 7.1%. Gold gained 2% in February and Spot Gold in New York closed the month at $1,119 still far short o...
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Global cotton prices surge on falling stock

WASHINGTON (Commodity Online): Cotton prices increased sharply in February 2010. The Cotlook A Index rose from 75.35 cents per pound on February 1 to 85.55 cents per pound on February 26. Cotton prices are supported by strong fundamentals: reduced production and rebounding mill use are expected to generate a 15% drop in global cotton stocks, according to International Cotton Advisory Committee.
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N.Korea presses direct nuclear talks with U.S.

North Korea said on Tuesday the standoff over its nuclear programme should be settled through direct talks with the United States, but first Washington must drop what it called its hostile policies.
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Experts Call Google Hackers 'Amateurs'

While Google called a cyber-attack against its network last January a highly sophisticated and targeted attack, security experts said the techniques show the attackers to be nothing more than amateurs.
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Nissan unveils new compact car, sees 1 million sales

Nissan Motor unveiled its much-awaited low-cost compact car aimed at becoming a major force in the fast-growing segment, targeting global sales of 1 million units with the roll-out of a family of compact cars by 2013.
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China sticks to diplomatic approach on Iran

China stood its ground that diplomacy was the best way to resolve the standoff over Iran's nuclear program, as U.S. diplomats arrived in Beijing on Tuesday for talks on Tehran and North Korea's atomic ambitions.
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Sands China says 2009 net profit up 22 pct

Sands China , the world's most valuable casino operator by market capitalization, said its 2009 net profit rose 22 percent from a year earlier, driven by a surge in gambling revenue in Macau.
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Russia says it may consider Iran sanctions

Russia will back new sanctions against Iran as long as they do not create a humanitarian crisis, French President Nicolas Sarkozy said on Monday after talks with Russian counterpart Dmitry Medvedev.
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Global factories expand in Feb, some rates slower

Factories around the world enjoyed a bumper February with business surveys showing the manufacturing sector in major economies continued to lead an economic recovery, despite a slowdown in some growth rates.

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