De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices recovered to pre-crisis levels, although it remains cautious about the market this year.
Apple is in the habit of churning out stellar products that rule the imagination of customers. One of the key elements to its success is its product design strategy which consistently delivers insanely great products.
China’s Foreign Minister Yang Jiechi has arrived in Zimbabwe to start a five-nation tour of Africa, amidst reports the two nations have signed a $10-billion trade deal.
The US trade deficit of goods and services rose to $40.6 billion in December compared with a deficit of $38.3 billion in November, the commerce department said on Friday.
Gold prices eased a touch on Friday, pressured by gains in the dollar and softer investment demand for the metal after a raft of well-received economic data boosted interest in other assets.
While on medical leave, the Apple co-founder is crafting next generation iPhones which will be cheaper and smaller, according to media reports.
Deutsche Boerse AG's planned takeover of NYSE Euronext faces intense scrutiny from German regulators and European antitrust authorities, potentially imperiling the blockbuster exchange tie-up.
International Monetary Fund chief Dominique Strauss-Kahn said on Thursday the Chinese yuan should be given a greater role within a restructured international monetary system.
Daily deals website Groupon said on Thursday that Starbucks Corp Chief Executive Howard Schultz had joined its board of directors and that his venture capital firm had taken a stake in the company.
Hong Kong's securities regulator is seeking to freeze the assets of the chief executive officer of China Forestry Holdings Co Ltd , which is being investigated for accounting irregularities, a court document showed.
PetroChina (0857.HK)(PTR.N) agreed to pay C$5.4 billion ($5.4 billion) for half of Encana's Cutbank Ridge shale gas project, marking the largest Chinese investment in a foreign gas asset.
A group of prominent business executives and national security figures will visit China next month as part of their drive to reduce U.S. dependence on oil.
The arrest of a Taiwanese general accused of spying for China is a warning to Taiwan to be wary of its old foe despite warming economic links that are likely to stay unscathed by the case.
Snow across some drought-hit parts of north and central China brought limited respite from a drought threatening winter wheat crops that has fueled talk of higher global prices, state forecasters said Thursday.
The Treasury will remain intensely focused on correcting China's substantially undervalued yuan despite a decision not to name Beijing a currency manipulator, a senior Treasury official said on Thursday.
A bipartisan group of 101 lawmakers in the House of Representatives launched a new bid on Thursday to pass legislation aimed at pressuring China to let its yuan currency rise in value.
Five new Republican faces for a possible run for the U.S. presidency in 2012 are in this year's straw poll of thousands of conservative activists who have made their annual trek to Washington this week.
Strengthening cybersecurity is the goal of legislation being introduced in Congress after reports of hack attacks on computer networks at Nasdaq OMX Group and at oil and gas companies.
World stock markets fell hard on Thursday, with Hong Kong shares losing 2% and London's FTSE100 dropping 0.9% by lunchtime. Indian stock markets have lost more than $20 million per minute so far in 2011, the Economic Times reports, with billionaire Anil Ambani blaming vicious and illegal rumors.
North and South Korea traded blame Thursday for the breakdown of military talks as a stalemate emerged over the starting point for negotiations.
India and Pakistan said on Thursday they would resume formal peace talks but issues such as militancy and the disputed Kashmir region are likely to slow any progress towards defusing tensions.
Analysts have estimated that China’s consumer price index (CPI) went past 5 percent in January on annual basis, Securities Daily reported on Thursday.
