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India, China resist calls to back climate pact

India and China are resisting requests to sign up for the Copenhagen Accord for fighting global warming that risks unravelling without clear support from major emitters.

Wen warns of challenges as China welcomes new year

Chinese Premier Wen Jiabao warned his people to keep a sober mind about the challenges ahead in the new year as the country welcomed the arrival of the Year of the Tiger with noisy celebrations on Saturday.

Barclays trio of top execs to forgo 2009 cash bonus

The trio of top executives at British bank Barclays , including Chief Executive John Varley and President Bob Diamond, will forgo a cash bonus for 2009, a person familiar with the matter said.

Stock market dips on China and EU worries

U.S. stocks finished slightly lower on Friday as China took another step towards monetary policy tightening and Europe reported a weaker than expected Gross Domestic Product (GDP).

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Full Winter Olympics TV Schedule 2010

The Vancouver Olympics kicks off tonight, and already more than 60,000 people are there to witness the Olympic cauldron being lit in BC Place stadium during the opening ceremony. Below is a breakdown of the Full Olympics Schedule of 2010:

Dow, S&P cut losses from China move, Nasdaq flat

The Dow and S&P edged lower on Friday after a surprise move by China to restrict bank lending, while the Nasdaq was little changed as strength in technology shares offset other losses.

Retail sales brighten recovery picture

U.S. consumer confidence slipped in February, but a stronger than expected rise in retail sales last month suggested households were feeling a bit more comfortable to spend and sustain the economic recovery.

Wall St tumbles as China tightens bank rules

U.S. stocks fell on Friday after a surprise move by China to restrict bank lending to cool its surging economy weighed on commodity prices and resource shares.

U.S. stocks fall on China tightening, data, EU GDP

U.S. stocks fell on Friday as investors adjust to a more aggressive monetary policy from China, mixed data on U.S. consumers and disappointing reports of euro zone Gross Domestic Product (GDP).

Wall Street tumbles as China ups bank reserves

Stocks tumbled on Friday after a surprise move by China to increase bank reserve requirements raised worries about the impact of monetary tightening on global growth, weighing on commodity prices and resource shares.

North Korea not eager to return to talks: U.N. envoy

North Korea is not eager to return to six-party denuclearization talks but has not rejected the idea, a United Nations envoy said on Friday as fresh diplomatic activity raised hopes for progress on the issue.

Wall Street holds losses after data

Stocks held onto early losses on Friday as consumer sentiment slipped in early February and government data showed business inventories fell unexpectedly.

U.S. stocks fall as China surprises with tightening

As global investors are still grappling with the Greece bailout situation, China surprised the world with yet another bank reserve ratio hike.

GM leads foreign charge to low-end China car market

Foreign automakers enjoying success in China may be gearing up to take on local players in the high-volume but competitive low-end market, following General Motors' recent roll-out of a model priced as low $8,300.

Wall Street set to fall as China ups bank reserve levels

Wall Street was poised to open lower on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.

Datang renewable energy unit eyes $1 bln HK IPO: sources

China Datang Corp, the country's second-largest power producer, plans to float shares of its renewable energy unit in a Hong Kong IPO, which is expected to raise at least $1 billion, sources close to the deal said.

European stocks dip on GDP data and China tightening

European stock indices are losing steam before the opening of the U.S. session as member nations reported less than stellar Gross Domestic Product (GDP) numbers and news of China tightening shook world markets.

Futures down after China ups bank reserve levels

Stock index futures fell on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.

China surprises with further rise in banks' reserves

China raised the level of reserves banks must hold for the second time this year on Friday, spooking financial markets on the eve of its New Year holiday by showing it was intent to curb lending and inflation.

Futures fall after China raises reserve requirements

Stock index futures fell on Friday after China surprised global markets by increasing banks' reserve requirements, raising worries about the impact of eventual monetary tightening on global growth.

Futures point to lower start on Wall Street

Stock index futures pointed to a mostly lower open for U.S. shares on Friday, following strong gains in the previous session, as a pledge by European leaders to support Greece eased worries about a crisis in the euro zone.

Palm suspends production due to Chinese New Year: source

Palm Inc is suspending production of its smartphones for the Chinese New Year, as all of them are made in China, but it will resume operations by the end of the month, a source told Reuters on Thursday.

EU's backing of Greece, data boost Wall Street

Stocks rose on Thursday after a pledge by European leaders to support debt-laden Greece eased fears of a broader euro zone crisis and upbeat data from China spurred mining and material stocks.

PepsiCo profit lifted by strong sales overseas

PepsiCo Inc posted higher-than-expected quarterly sales on Thursday, helped by strong demand in international markets such as India, while soft drink volumes fell in the Americas.

EU's support for Greece, data lift Wall St

U.S. stocks rose on Thursday after a pledge by European leaders to support debt-laden Greece eased fears of a broader euro zone crisis and upbeat data from China spurred mining and material stocks.

Obama to meet Dalai Lama on Feb 18: White House

The White House announced on Thursday that President Barack Obama and the Dalai Lama would meet on February 18, despite China's warning that such talks could hurt already-strained Sino-U.S. relations.

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