Apple Inc said it sold 2 million iPads since launching the touch-screen tablet in the United States nearly two months ago and taking it to nine international markets this past weekend.
In order to extend cooperation in cotton markets, the International Cotton Association and China Cotton Association (CCA) have joined hands to formally acknowledge the cooperation between the two trade associations.
British Airways could face even more strike disruption this summer unless it resolves a dispute with cabin crew over travel perks, the co-leader of Britain's biggest union Unite said on Monday.
Hitachi Ltd , Japan's largest electronics maker, will focus investments on infrastructure-related businesses such as power plants as it seeks to more than double its profit over the next three years.
The euro steadied on Monday but remained under pressure after Fitch downgraded Spain's credit rating and France said keeping its top credit rating may be a stretch without tough budget cuts.
The new injection called Prolia, has been shown to significantly cut the risk of fractures in patients with osteoporosis.
Britain and Europe are the world's costliest places to buy Apple Inc's new iPad computer, with prices around a quarter higher than in the United States, a new study has found.
The Australian Dollar has come off from its recent high on Friday night of 0.8550 as investors trimmed their positions ahead of the long weekend in the US (Memorial Day today) and the UK (May Bank today as well).
The Australian Dollar opens sharply higher today at 0.8510. Despite a surprise drop in new capital spending, which fell 0.2 per cent in the first quarter, the Aussie rallied from an intraday low of 0.8220.
Prudential investors will back the group's bid for AIG's Asian life insurance arm provided it can negotiate a 10 percent cut in the deal's $35.5 billion price tag, the Sunday Times reported.
Members of a British Airways cabin crew union began a second five-day strike on Sunday after talks held last week aimed at resolving the long-running dispute ended without agreement. The new wave of industrial action by the airline's cabin staff started officially at midnight (7 p.m. EDT) with little sign on the horizon of a breakthrough in the increasingly bitter row.
The future of Prudential's deal to buy AIG's Asian life insurance arm remained uncertain on Saturday, with the U.S. Treasury saying it has not considered any other deal than the existing contract on the table.
German Finance Minister Wolfgang Schaeuble hinted that taxes may have to rise to consolidate Germany's finances one day after coalition sources said the government may scrap a discounted sales tax on some products.
An interesting chart from the Bank of Japan's latest monthly economic report. Japanese capacity utilization is way down. Around 20% of manufacturing facilities are standing idle. This is an improvement from the beginning of 2009, when 35% of capacity was shut down. But a marked decrease from pre-financial-crisis levels, when there was almost no excess capacity to be found.
Fans mobbed Apple Inc stores in Europe and Asia as the iPad went on sale outside the United States on Friday, with some shoppers having queued all night to buy one of the coveted tablet computers.
HSBC's executive pay policy got a grudging green light on Friday, along with a stinging rebuke from one of its top investors, as Europe's biggest bank said it was bracing for further economic shocks.
Diehard fans mobbed Apple Inc stores in Europe and Asia as the iPad went on sale outside the United States on Friday, with some shoppers having queued all night to buy one of the coveted tablet computers.
Prudential has entered talks to cut its $35.5 billion offer for AIG's Asian life insurance arm, in a last-ditch bid to salvage a deal criticized by shareholders as too expensive.
The world's top countries face more wrangling over a global bank tax next week and crunch time over beefing up capital and cutting risks at big banks.
The euro dipped versus the dollar on Friday, paring hefty gains made the previous day, as investors squared positions ahead of the month-end while worries over the impact of the euro zone debt crisis capped rallies.
Asian stocks bolted on Friday posting their third straight day of gains after China's pledge to remain invested in Europe boosted confidence, but the euro dipped after rebounding from near four-year lows the previous day.
Apple Inc's iPad launched in overseas store shelves on Friday, with buyers storming Japanese and Australian shops to be among the first outside the United States to snap up the long awaited tablet PC.
