A proposed refinery, a petrochemical joint venture between China's CNPC, Royal Dutch Shell Plc and Qatar, this week signed a framework deal with local authorities in eastern China's Zhejiang province where the mega project will be built.
China Mobile <0941.HK>, the world's largest mobile carrier by subscribers, has 10 million iPhone users even though it does not yet have an agreement with iPhone maker Apple
, its chairman told Reuters on Monday.Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled optimism in its 2012 outlook.
Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled optimism in its 2012 outlook.
South African stocks closed at their highest level in nearly three months as demand for resources firms rose with hope that European Union leaders will agree on a solution to their region's debt woes later this week.
U.S. grain and soybean futures rose over 1 percent on Monday in a broad commodities rally as investors bet that European leaders would reach a deal to tackle a euro-zone debt crisis and took heart from an improved manufacturing indicator in China.
Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled optimism in its 2012 outlook.
Angela Merkel's supporters praised her for getting France to drop demands to use the European Central Bank to leverage euro crisis funds, but looked like making a meal out of the German parliament's new right to be consulted on how these are used.
David Prend is one of the most respected investors in green technology - but even he picks some losers.
Caterpillar Inc far exceeded analyst expectations on Monday, reporting a 44 percent quarterly earnings increase due to record revenue, and the company signaled tempered optimism in its 2012 outlook.
The Magic Tree House books have whisked millions of readers on adventures to everywhere from ancient Egypt to feudal Japan. Now, the children's time-travel series is embarking on a new destination: the movie theater.
Brent crude oil rose above $110 a barrel on Monday after stronger Chinese manufacturing data suggested China's economy may not be in as much danger as feared, supporting fuel consumption and outweighing fears over weak European data.
David Prend is one of the most respected investors in green technology - but even he picks some losers.
China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the continent, including Greece.
China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the continent, including Greece.
The China hard-landing debate is a classic tail risk story -- an unlikely scenario, but if it materializes the consequences could be catastrophic.
Japan's finance minister put traders on alert for possible currency intervention on Monday as the yen's rise to a record high against the dollar threatened to further squeeze exporters' profits and hold back economic recovery.
A group of small-business owners in China has expanded a protest against higher fees to target Alipay, the country's leading online payment platform, after its corporate sibling, Taobao Mall, announced up to tenfold fee hikes for some businesses using its service, Chinese media reported on Monday.
Stock index futures edged lower on Monday after the S&P 500 posted its third straight week of gains as investors had doubts European policymakers would come up with an agreement to fix the region's debt crisis.
Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
Kohlberg Kravis Roberts is placing an early bet on a slowdown in the Chinese economy and plans to expand into Hong Kong in the next six to nine months with its $2 billion special situations unit, the Financial Times reported on Friday.
Saudi Arabia will not need to tap into its reserves this year to finance additional budget spending but it is considering whether to issue Islamic or conventional bonds to help fund specific projects, the country's Finance Minister Ibrahim Alassaf told Reuters.
