Lenovo Group Ltd, which is making a concerted global push into tablets and ultrabooks, now expects to launch a smartphone in a lucrative U.S. market dominated by Apple Inc and Google Inc gadgets.
Stocks climbed to a five-month high on Tuesday, led by materials stocks after an upbeat forecast by aluminum company Alcoa and strong gains in bank shares.
The hands of a symbolic doomsday clock fell back one minute Tuesday to five minutes to midnight, according to the Bulletin of the Atomic Scientists, a group that monitors global threats such as climate change, nuclear proliferation and human-caused disasters.
Canadian stocks touched their highest level in two months on Tuesday as mining and energy issues rose on healthy import data out of China, which boosted investor optimism for the global economy.
One of the biggest imbalances in the global economy could soon be a thing of the past: China's super-sized trade surplus is melting away.
Qualcomm CEO Paul Jacobs said the company’s Snapdragon wireless chip is already powering tablets and smart TVs, opening the way for the company to expand its reach beyond its dominance in mobile phones.
Stocks climbed to a five-month high on Tuesday after trade data showed strong Chinese demand for metals and a bullish forecast by aluminum company Alcoa pointed to a stronger global economy.
Bank of America Merril Lynch's (NYSE:BAC) move to fire one-fifth of the managing directors in its Asia operations, while significant, is only the latest sign foreign banks are jumping ship on investment banking opportunities within that market.
European shares hit a one-week closing high on Tuesday after encouraging comments from some leading U.S. companies and hopes for more policy easing in China gave cyclical stocks a boost, with autos and miners among the top sectoral gainers.
Proceeds from the offering will apparently be used to upgrade technology and improve online services.
Over 300 Xbox 360 manufacturers at a Foxconn Technology Group plant in Wuhan, China threatened mass suicide after being denied higher wages on Jan. 2, according to reports.
Australian aircraft engineers want all Airbus A380s out of the skies after cracks were discovered in both Qantas' and Singapore Airlines' fleet.
Chinese machinery maker Shandong Heavy Industry Group on Tuesday sealed a deal to take a 75 percent stake in debt-laden Italian yachtmaker Ferretti Group, the latest in a series of Chinese acquisitions of European brands.
Stocks hit a five-month high on Tuesday after strong import data from major metals consumer China and a bullish forecast by Alcoa boosted the outlook for commodities companies and pointed to a stronger global economy.
The Chinese will take to the sea in style following an announcement Tuesday that Shandong Heavy Industry Group-Weichai Group will be buying a majority share of Italian yacht maker, Ferretti Group.
Chinese imports posted an unexpectedly sharp drop in December, flashing a warning sign that the world's second-largest economy is expanding at a slower rate. Meanwhile, full-year figures pointed to a narrowing trend in the Chinese trade gap, which suggest that the country is relying more on its domestic demand.
Silvercorp Metals Inc., whose shares plummeted after reports of accounting and resource statement fraud, has amended its lawsuit against those it sees as responsible for the allegedly defamatory reports.
Philips Electronics NV warned of soft fourth quarter profits due to weak European consumer markets that is leading to charges for inventory it cannot shift.
European shares rose on Tuesday, with miners gaining after aluminum producer Alcoa got the U.S. reporting season off to a positive start, with its top line indicating strong demand for commodities.
Along with some hype about their upcoming U.S. tour and the dates announcement, Van Halen released a track, Tattoo, from their new album on Tuesday.
Oil rose to around $113 a barrel on Tuesday as tension over Iran's nuclear program and unrest in Nigeria outweighed persistent concerns about the strength of Europe's economy.
A hedge fund set up by former Goldman Sachs trader Morgan Sze -- the biggest launched in Asia in 2011 -- lost 6.8 percent last year, two sources with direct knowledge of the matter told Reuters, as it was rattled by a sharp drop in Chinese shares.
