Japan's Olympus close to unveiling new board line-up
Japan's Olympus Corp is expected to unveil a new board of directors as early as Monday, part of efforts to recover from a $1.7 billion accounting fraud, but the new line-up is likely to disappoint the firm's major overseas investors.
On the ropes, Apple's China nemesis still dreams
Yang Long-san, Apple's nemesis in a battle over the iPad trademark in China, once strutted the expo halls with dreams of market dominance. His company, Proview, may now be in ruins and his most valuable asset a disputed trademark, but those dreams remain intact.
Samsung exec says targets 380 million handset sales this year
Samsung Electronics' mobile chief said it aimed to sell 380 million handsets this year, media reported on Monday, which would enable the world's No.2 handset maker to maintain double-digit sales growth.
Spotlight on private equity record as it hits the stage
Starved of credit, and facing a lack of deals and a new bout of indignation over executive pay, the private equity sector has one solace: returns continue to be better than those in stock markets.
WikiLeaks to publish security think tank emails
The anti-secrecy group WikiLeaks said it would begin publishing more than five million emails Monday from a US-based global security think tank, apparently obtained by hackers.
HSBC Set for $22B Profit as Asia Lines the Clouds
HSBC Holdings is expected to report the West's biggest banking profit for last year, fuelled by the East, while its rivals are struggling with faltering European and U.S. growth.
HSBC set for $22 billion profit as Asia lines the clouds
HSBC Holdings is expected to report the West's biggest banking profit for last year, fuelled by the East, while its rivals are struggling with faltering European and U.S. growth.
Orange to offer smartphone with Intel Inside
The Intel Inside logo on hundreds of millions of personal computers is finally making its way onto a smartphone.
HTC Eyes Recovery with New Smartphones
Taiwan's HTC, the world's No. 5 smartphone maker, launched a new range of smartphone models on Sunday, hoping the fresh designs will help it to recover some of the lost market share.
HTC Eyes Market Share Recovery with New Smartphones
Taiwan's HTC, the world's No. 5 smartphone maker, launched on Sunday a new range of smartphone models, hoping the fresh designs will help it to recover some of the lost market share.
Smaller Caps Seen Doing Better This Earnings Season
Perhaps familiarity does breed contempt. The biggest U.S. companies have often failed to meet forecasts this earnings season, while their smaller counterparts have delivered.
Analysis: Smaller caps seen doing better this earnings season
Perhaps familiarity does breed contempt. The biggest U.S. companies have often failed to meet forecasts this earnings season, while their smaller counterparts have delivered.
U.S. gasoline hits $3.69/gallon on Iran jitters: survey
The average U.S. price of gasoline jumped 18 cents a gallon in the past two weeks due to rising costs of crude oil and related concerns about tensions in the Middle East, although supplies of fuel remained plentiful in most of the country, according to the nationwide Lundberg Survey.
US gasoline hits $3.69/gallon on Iran jitters: survey
The average U.S. price of gasoline jumped 18 cents a gallon in the past two weeks due to rising costs of crude oil and related concerns about tensions in the Middle East, although supplies of fuel remained plentiful in most of the country, according to the nationwide Lundberg Survey.
Hitachi on recovery track: Barron's
Japanese conglomerate Hitachi Ltd <6501.T> could be on the road to recovery following a decade-long slump from numerous failed restructurings, Barron's said.
Analysis: U.S. factory jobs rebound seen destined to fizzle
U.S. manufacturers are hiring at the fastest pace in more than a decade to keep up with new orders but sweeping technological advances could cost thousands of factory workers their jobs in years to come.
U.S. Eyes V-22 Aircraft Sales to Israel, Canada, UAE
The U.S. government is eyeing Israel, Canada and the United Arab Emirates as possible initial foreign buyers of the V-22 Osprey, a tilt-rotor aircraft built by Boeing Co and Bell Helicopter, a top U.S. Marine Corps official told Reuters.
Glass is still half full for flush American farmers
Brian Roach scrawled a simple outlook for corn prices in a spiral notebook, with a line diving from the upper left hand corner to the lower right.
Greece Sets Bank Recap via Common Shares with Restrictions
Greece plans to recapitalize its struggling banks after a bond swap largely through common shares with restricted voting rights and convertible bonds, according to a draft law submitted to parliament over the weekend.
Sony Returns to Smartphones with New Models
Sony Corp. declared a return to the smartphone business on Sunday, unveiling its first smartphones under the Sony brand, but warned the group's painful transition would not be as fast as rebranding.
Analysis: Oil price rise raises specter of global recession
A jump in energy prices is jamming the slow-turning cogs of an economic recovery in the West, but that may be nothing compared to the economic shock an Israeli attack on Iran would cause.
Weidmann-Bundesbank Profit will be Crimped by Reserves
The Bundesbank profit turned over to the federal government will be considerably smaller this year than in 2011 due to the risk provisions linked to the euro zone crisis, central bank president Jens Weidmann was quoted telling Der Spiegel.
G20 inches toward $2 trillion in rescue funds
Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent further fallout from the euro-zone's sovereign debt crisis.
Greece Sets March 8 Deadline for Investors in Bond Swap
Greece has set a March 8 deadline for investors to participate in its unprecedented bond swap aimed at sharply reducing its debt burden, according to a document outlining the offer.
BoJ's Shirakawa: watching oil price impact from easing
Bank of Japan Governor Masaaki Shirakawa said on Saturday policymakers are closely watching the impact of looser monetary policy on oil prices.
BRICS Consider Making a Play for the Top Job at the World Bank
The world's major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job.
BRICS to look at bid for top World Bank job
The world's major emerging economies on Saturday rejected the tradition that an American automatically is selected to head the World Bank and they will look at putting forward their own candidate for the open job.
U.S. did not call for strategic oil release: G20 sources
MEXICO CITY, Reuters (Feb 25) - The United States did not openly call for a release of countries' strategic oil reserves during Group of 20 meetings this weekend, Group of 20 sources said on Saturday.
Analysis: Kingfisher's nosedive poses dilemma for India
As Kingfisher Airlines careens toward collapse, the Indian government finds itself between a rock and a hard place.
Euro-zone deal on firewall awaits Germany
Germany may not be ready to back an increase in the euro zone's bailout fund at a summit next week, delaying progress towards building up nearly $2 trillion in firepower to tackle fallout from Europe's sovereign debt crisis.