CHINA

Exclusive: Brazil sees WTO's duties as insufficient: sources

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Brazil plans to signal its growing concern about intense foreign competition hurting its industries by suggesting at the World Trade Organization that the ceiling for its import tariffs is too low, government sources told Reuters on Wednesday.

Starbucks factory investments to create 150 jobs

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Starbucks Corp said on Wednesday it would spend $180 million on U.S. factories, creating 150 manufacturing jobs, and that it would get into the $8 billion U.S. energy drink market with a new product.
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Digital skills shortage leaves EU youth a step behind

European policy makers have identified a large shortfall in computing and IT skills among young people that threatens to dent Europe's ability to compete and could exacerbate youth unemployment in the coming decade.
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World Bank President Zoellick speaks at a news conference

World Bank President? Third World Candidates Emerge

President Barack Obama must nominate a new President of the World Bank soon, ahead of its June annual meeting in Washington. Two Third World candidates have been mentioned but another American is the likely winner.
Federal Reserve Chairman Ben Bernanke's policy of quantitative may have made U.S. Treasurys a less attractive investment to the Chinese

China, Japan To Begin Selling US Treasurys?

China's skein of trade surpluses and Treasury-buying has run its course and the country will need to begin selling some of its vast holdings of U.S. debt, says Frederick Sheehan, ex-head of asset allocation at John Hancock Financial Services.
A man works on a roof covered with solar panels at the Centre for Alternative Technology in Wales

US Holds Fire In 1st Salvo On Chinese Solar Companies

U.S. trade officials imposed surprisingly low tariffs on Chinese solar panels Tuesday, choosing to tread lightly and avoiding an all-out trade war when addressing local solar companies' complaints of unfair trade practices.
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Wall Street opens flat, Oracle gains

Stocks opened little changed on Wednesday as investors awaited data on the housing market a day after the S&P 500 snapped a three-day winning streak.
Quit Smoking

Deaths From Smoking Triple Over Decade

Tobacco-related deaths have nearly tripled in the past decade and big tobacco firms are undermining public efforts that could save millions, a report led by the health campaign group the World Lung Foundation (WLF) said on Wednesday.
HTC Eternity

Sony Xperia neo L ICS vs HTC Eternity Windows 7.5: The Battle Begins in China

Mobile phone users in China have got in their basket of offerings two much-awaited smartphones. Japanese phone manufacturer Sony has just announced the upcoming availability of its first Android 4.0 Ice Cream Sandwich smartphone, Sony Xperia neo L MT25i. And Taiwanese mobile phone maker HTC Corporation has made available its HTC Eternity from today, the first Windows Phone device to officially reach the country.

Royal Dutch Shell, CNPC Ink First Chinese Shale Gas Production-Sharing Deal

Royal Dutch Shell Plc (NYSE:RDS) signed Wednesday the first-ever production sharing contract with China's state-owned China National Petroleum Corp., or CNPC, as the world's second largest economy seeks to develop its untapped reserves, similar to those that gave rise to the U.S. natural gas boom, with the help of foreign technology.
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Developing Nations To Name 2 Candidates To Head World Bank

Nigerian Finance Minister Ngozi Okonjo-Iweala and former Colombian Finance Minister Jose Antonio Ocampo are set to be nominated to lead the World Bank, sources with knowledge of emerging market efforts to find candidates said on Tuesday.
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QVC Starts Joint Venture In China

The world's largest television and online retailer QVC Inc. is starting a joint venture with China's national radio broadcaster to enter the world's most populous growing consumer and media market.

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