Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital.
Chinese Premier Wen Jiabao cut his nation's growth target to 7.5 percent for 2012 to give the economy more room to slow down if needed while the government carries out promised economic and welfare reforms ahead of a looming leadership transition.
China will target for an economic growth of 7.5 percent in 2012 according to state-of-the-nation speech that Premier Wen Jiabao delivered at the annual meeting of the National People’s Congress in Beijing Monday.
China's Premier Wen Jiabao cut the country's growth target to 7.5 percent for 2012 in a bid to find leeway for promised economic and welfare reforms while delivering stability ahead of a leadership transition later this year.
Wal-Mart and Target are among some two dozen retailers that have teamed up to claim a share of the fast-developing business of turning smartphones into virtual wallets.
Spain set itself a softer deficit target for 2012 than originally agreed under the euro zone's austerity drive, putting a question mark over the credibility of the European Union's new fiscal pact.
Italy must lay the foundations for economic growth and get its debt under control to return to a sovereign 'A' rating, a Standard & Poor's official told newspaper Il Sole 24 Ore for its Friday edition.
General Motors Co and PSA Peugeot Citroen will form a global alliance targeting a cut in annual costs of at least $2 billion without plant closings or job cuts in Europe.
When a celebrity dies, skeletons can and do come out of the closet; but, despite whatever sort of sordid past that individual might have had, jokes at the deceased individual's expense are quite taboo. That is why a Whitney Houston greeting card has been pulled from the shelves at target for its offensive nature.
A pro-government Saudi columnist recently called for a massacre against a Shiite town in Saudi Arabia claiming that the anti-government protestors are controlled by the Shiite Iran.
Target Corp posted a higher-than-expected quarterly profit despite a holiday season marked by heavy discounting, while Kohl's Corp , hit by shoppers' resistance to higher prices, issued a 2012 profit that missed Wall Street forecasts.
Target Corp posted a higher adjusted quarterly profit as the retailer's sales rose during the holiday season.
When it comes to the debate on whether the United States is experiencing inflation, it is typically not a yes or no interchange. If you have read the first two parts (Part 1, Part 2) of my series on inflation, you are well aware that I am on the side that inflation is already upon us. My counterparts, typically, will not only disagree, but will also bring up the issue of deflation.
Hackers have tried to crash a vast network of Web cameras which Vladimir Putin has ordered to allay fears of vote-rigging in the March presidential election, a deputy minister said on Friday.
Hackers have tried to crash a vast network of Web cameras which Vladimir Putin has ordered to allay fears of vote-rigging in the March presidential election, a deputy minister said on Friday.
Greece expressed hope it was within days of finally securing a 130-billion-euro EU/IMF bailout to ease its debt crisis but markets reacted skeptically on Thursday as acrimony grew between Athens and euro zone partners led by Germany.
German Finance Minister Wolfgang Schaeuble told conservative lawmakers on Friday that existing Greek reform pledges would not bring its debt down to levels that are considered sustainable, sources who attended the meeting said.
There is a debate that has been heating up recently, and it's likely to continue to split some of the smartest minds from coast to coast. This debate revolves around whether prices for goods in the United States are on the rise or not.
The annual average growth of China's minimum wages should be at least 13 percent in the five years to 2015, according to a government job market plan for the period published on Wednesday.
Jason Wu launched his Jason Wu for Target on the Target Web site Sunday night and majority of items were sold out by 8 a.m. EST Monday.
The Jason Wu for Target Collection launched in Target stores and online on Sunday, Feb. 5, after months of anticipation.
The 60-piece collection by the American fashion designer marks an exclusive collaboration with the affordable retailer brand and features structured handbags, antiqued scarves and gauzy blouses with black bows and pleated floral skirts.