CHINA

Airbus CEO orders probe on A380 cracks

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The head of Airbus said he ordered an internal investigation into how the company allowed wing cracks to develop on its flagship A380 passenger jet, acting to draw a line under weeks of embarrassing publicity for the world's largest planemaker.

Global markets gain on hopes for Greek deal, China comments

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Markets rose on Wednesday as investors hoped Greece would deliver on a commitment to enact harsh reforms, while comments from China's central bank governor saying Beijing would continue to invest in euro zone government debt aided sentiment.
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Vale Q4 net seen falling 21 percent; metal prices drop

Brazil's Vale SA , the world's second-largest mining company, will likely report a 21 percent decline in fourth-quarter profit as the price of key metals fell and the company changed the way it charged for iron-ore, its main product.
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Yahoo, Alibaba talks called off: report

Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a sale of the U.S. company's Asian assets, tech blog AllThingsDigital cited sources as saying on Tuesday.
A man walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Yahoo-Alibaba Talks Reported at an Impasse

Talks between Yahoo Inc and China's Alibaba over the U.S. internet giant's Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation.
Considerable Spikes Expected on China’s 2012 Defence Spending

Obama Tells Chinese VP Xi: 'Work by the Same Rules'

Jinping Xi, slated to become China's next leader by 2013, touched down at Andrews Air Force base this morning to begin a busy five-day visit which included meetings with President Obama and other top administration officials at the White House.
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Apple iPad 3 Release: Why The iPhone 5 Will Have LTE

The iPad 3 will be the first Apple device to accommodate the high-speed Long-Term Evolution (LTE) network, according to the Wall Street Journal. But if Apple releases its next iPad with LTE, it's a near-certainty that LTE will also come to the iPhone 5, which is set to release in June or July 2012.
A man walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Yahoo-Alibaba Talks Called Off After Snags

Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a tax-free sale of the U.S. company's prized Asian assets, a source familiar with the situation told Reuters.
A man walks past a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou

Yahoo, Alibaba Tax-Free Deal Talks Crumble

Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a tax-free sale of the U.S. company's Asian assets, a source familiar with the situation told Reuters.
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Yahoo, Alibaba tax-free deal talks crumble: source

Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a tax-free sale of the U.S. company's Asian assets, a source familiar with the situation told Reuters.
Xi Jinping

Xi Jinping Visits Obama in Washington: 9 Must-Knows About China’s Vice President

Xi is expected to succeed Hu Jintao as both Chinese President and General Secretary of the Communist Party of China (CPC). The 58-year-old communist leader's rise to power had uncertain beginnings, but ultimately followed the formulaic path of political grooming and steady ladder-climbing known to produce China's recent and future leaders. Here are nine things to know about how he rose to power:
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Exclusive: Goldman front-runner for Vale's Colombian coal ops

Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the wings and rival traders stay away, industry sources familiar with the matter said.
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Avon sales slide; loses door-to-door reps

Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in every market except Latin America and the company saw a sharp drop in the number of representatives essential to selling its cosmetics directly to consumers.
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Avon sales slide, sales reps drop out

Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in every market except Latin America and the company saw a 3 percent drop in the number of representatives who sell its cosmetics directly to consumers.

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