CHINA

Workers look on from a Foxconn logo near the gate of a Foxconn factory in the township of Longhua, Guangdong province May 29, 2010.

Foxconn Prevents Mass Suicide at Wuhan Factory

Foxconn, the top technology independent contractor in the world, has settled a dispute with a multitude of employees, who threatened with mass suicide to protest low pay and dismal working conditions at its Wuhan factory in China.

iPhone sales halted after shoppers pelt Apple store

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Enraged Chinese shoppers pelted Apple Inc's flagship Beijing store with eggs and shoving matches broke out with police on Friday when customers were told the store would not begin sales of the iPhone 4S as scheduled.
A crowd stands outside an Apple store in Beijing

Apple Store in Beijing Egged Over iPhone 4S Delay

Angry customers in China reportedly threw eggs at Apple's flagship store in Beijing on Friday after the iPhone 4S launch was delayed by the company due to concerns over crowd size. The iPhone 4S will be sold online and through carriers, Apple said, but the company wanted to spare employees and customers from danger of overcrowding, scalping, and potential dangerous and hostile demand in stores.
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Telcos to halt mobile network spending spree

Telecom operators globally are expected to cut spending on their networks this year, hitting equipment makers that were only just beginning to recover from intense price wars and the last economic downturn.
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Dip in China's FX reserves may hasten policy shift

China's official reserves slipped to $3.18 trillion in the final quarter of 2011, signaling that the days of rampant export-led accumulation of foreign currency are numbered and that new monetary policy steps may be needed to counter capital outflows.
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Enraged shoppers pelt Beijing Apple store with eggs

Apple Inc's flagship Beijing store was pelted with eggs on Friday when hundreds of enraged shoppers, many of whom had waited in line overnight, were told the store would not begin sales of the iPhone 4S as scheduled.
People attend a workshop

Lamar Smith Reaffirms Commitment to SOPA

The lawmaker behind a bill to combat online piracy vowed on Thursday to press ahead in the face of fierce criticism from Internet giants such as Google and Facebook.
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Global shares gain as strong debt sales ease risk

Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand for Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day.
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Clean energy investment hits record $260 billion

Global investment in clean energy hit a record $260 billion in 2011, up 5 percent from the previous year as investment in solar grew by more than a third despite shrinking profit margins, some bankruptcies and flagging share prices, a report said.

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