Business
Nokia declares war in US smartphone market
Nokia has declared war in the US smartphone market, with a Microsoft-powered handset tailored to take on Apple iPhones and Google-backed Android devices.Microsoft chief executive
Manufacturer giant buys Italy’s Ferretti
A Chinese heavy equipment manufacturer has agreed to pay 374 million euros (USD 477 million) for control of debt-laden Italian luxury yacht maker ...Duties not a problem for GM
China’s punitive anti-dumping duties imposed on luxury cars from abroad have had little impact on General Motors’ business there, a top GM executive said Monday.Although ...VW nears n.1 ranking: 8 million sales
Germany’s Volkswagen sold more than eight million vehicles worldwide in 2011, possibly enough to grab the top spot among global automakers for the first time, ...Asian markets mixed on Europe fears, US jobs
Asian markets were mixed yesterday as worries over the eurozone debt crisis were tempered by better-than-expected US jobs data, while the under-pressure euro touched fresh ...GM posts record China sales in 2011
US auto giant General Motors said yesterday its sales in China hit a record high in 2011, despite a broader slowdown in the world’s largest ...Merkel, Sarkozy, year of eurozone wrangling
German Chancellor Angela Merkel hosts French President Nicolas Sarkozy today, kicking off a week of high-level talks to lay the groundwork for a crunch EU ...Olympus should sue corrupt executives
Scandal-hit Olympus’ in-house panel has ruled that the firm should sue current and former executives for damages caused by their decision to hide massive investment ...China bank lending higher in December
Chinese banks ramped up lending at the end of 2011, official data showed yesterday, after Beijing relaxed credit restrictions and ordered banks to ...Chinese resort planned for rural Wales
Developers are planning to create a luxury holiday resort in rural Wales designed specifically for Chinese tourists, with the aim of bringing 20,000 to the ...- Animal groups seek to ban greyhound exports to Macau
- More protection for bank deposits
- Disability evaluation ready this year
- Poll shows massive Israeli support for Shalit
- Credit crunch hurts property developers
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