CHINA

Cartier

Richemont Appoints de Quercize To Head Cartier

Swiss luxury goods group Richemont on Monday named group veteran Stanislas de Quercize as chief executive of top-of-the-range jewellery and watch maker Cartier, which makes a big chunk of group profit.

BMW recalls 1.3 million cars worldwide

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BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.

China Banking Outlook: Profits Marred By Bad Loans

Bank of China
After years of strong growth, China's biggest banks could face a slump in 2012. Analysts warned that an economic slowdown could trigger defaults by real estate developers and the increase in bad loans would erode Chinese banks' profitability this year.
An anti-nuclear activist shouts slogans during a protest in Seoul

Activists Protest At South Korea Nuclear Summit

As heads of state gathered for talks, demonstrators chanted: No nukes Asia, no nukes Korea, No nukes [America], no nukes anywhere! Many cited the disaster at power plants hit by the March 2011 earthquake and tsunami in Japan as proof of nuclear power's inherent risks.
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Obama

Obama And China Warn North Koreans Against Rocket Launch

Leading up to the nuclear summit in South Korea this week, Obama and Hu both expressed their serious concern about the launch, which was first described by North Korea as a peaceful launch of an earth observation satellite.
Mahmoud Ahmadinejad

Ahmadinejad Says US Can No Longer Dictate Policy For All

Continuing his tirade against the West, Iranian President Mahmoud Ahmadinejad said the US and NATO can no longer dictate policy for the rest of the world and warned that the NATO policy in Afghanistan and other countries would make Western relations with Pakistan worse.
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Stocks rise in cautious trade after losses

European shares clawed back some gains from last week's losses on Monday and the euro backed off three-week highs as investors traded cautiously ahead of key data this week's including an Italian bond auction and a key German economic sentiment index.
IBM's Brain-Like Chip

Technology Focus: Don’t Forget The Chips

Amid the hoopla surrounding new product introductions by Apple (Nasdaq: AAPL), the initial public offering of Facebook (NYSE: FB) and what’s new with “Angry Birds,” people forget to acknowledge the true “brains” of the whole business: the chip.

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