The US environmental advocacy groups reported that several perfumes containing chemicals that have not been thoroughly tested for safety may have serious health effects.
China's Internet firewall is a trade barrier and needs to be tackled within the framework of the World Trade Organization, Neelie Kroes, vice-president of the European Commission, told reporters in Shanghai on Monday.
China's Anshan Iron and Steel Group , also known as Angang, confirmed on Monday it would invest in a steel mill in the United States.
Private equity firm Apollo Global Management is in talks to buy U.S. packaging maker Pactiv Corp in a leveraged deal, the Wall Street Journal said, citing people familiar with the situation.
U.S. equipment rental company Neff Rental Inc filed for a prearranged Chapter 11 bankruptcy protection late Sunday in order to shrink its balance sheet and eliminate more than $400 million of debt.
Gold prices moved up smoothly in Asian trade Monday and inching towards a new record as the euro tumbled to a 4 year low against the dollar. Gold for immediate delivery was seen trading at $1239.97 an ounce at 11.30 a.m Singapore time while U.S. gold futures for June delivery was at $1241.03 an ounce at the same time.
Capital inflows are placing big pressure on China this year, as domestic companies and banks repatriate large volumes of foreign currency, a senior official said in remarks published on Monday.
Astellas Pharma , Japan's No.2 drugmaker, agreed to buy U.S. biotech OSI Pharma for $4 billion in cash in a sweetened bid that allows it to add OSI's blockbuster cancer drug Tarceva to its line-up.
The Australian dollar has opened weaker this morning trading at US$0.8850 following another risk aversion sell of in the markets.
After holding up relatively well for the majority of the week compared to other major currencies the Aussie dollar finally gave way to a barrage of selling on Friday night falling below the 89 cent handle to a low near 0.8850 against the Greenback
JPMorgan Chase & Co Chief Executive Jamie Dimon told Syracuse University graduates on Sunday he was confident the United States would see a recovery in the short term, but the country's condition over the longer term was in the hands of the next generation.
The U.S. economy has begun to climb out of the worst downturn since the 1930 Great Depression but still needs additional steps by the federal government to stem a crisis in the job market, a senior economic adviser to President Barack Obama said on Sunday.
U.S. stocks could face more volatility this week as growing doubts about whether Europe can solve its deepening debt crisis are likely to take center stage again.
GE Capital, a unit of General Electric Co. , plans to issue its second Islamic bond in late 2010 or in 2011, a senior executive said on Sunday.
Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday.
UBS N> could face lawsuits in the United States if the Swiss parliament fails to agree to a deal passing data on the bank's U.S. clients to U.S. tax authorities, Switzerland's finance minister said.
Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday.
The baby buggy manufacturer Maclaren has agreed to compensate more than 40 British children who suffered injuries from the use of their buggies.
Google Inc said its fleet of cars responsible for photographing streets around the world have for several years accidentally collected personal information -- which a security expert said could include email messages and passwords -- sent by consumers over wireless networks.
Google Inc is closing its 4-month-old online cell phone store, abandoning an ambitious plan by the Web search leader to redefine wireless retailing.
Brazil and Iran are likely to sign a memorandum which would open the way for Brazilian companies to participate in the modernization of Iran's oil sector, the head of Brazil's energy regulator said on Saturday.
The Treasury Department is interviewing Wall Street bankers to advise the government on an initial public offering of General Motors Co , the Wall Street Journal reported on Saturday.
