-
Kodak's travails offer cautionary tale January 19, 2012
"We are now a digital camera company and our shop offers various services," a member of staff told the Global Times. The shop can print photos on goods such as cups, shirts or bags, but the traditional printing services are not so popular t..
-
Goldman beats Street on lower expenses January 19, 2012
(Reuters) - Goldman Sachs Group Inc's fourth-quarter profit fell 56 percent as trading and investment banking revenue plunged, but the bank did better than expected thanks to cost-cutting and lower taxes, sending its shares higher.
-
Sony Ericsson seen improving in Sony hands January 19, 2012
(Reuters) - Mobile phone maker Sony Ericsson will deliver its final quarterly report as a joint venture on Thursday, before pinning its hopes on the consumer clout of its new sole owner Sony Corp to claw its way back into the top tier.
Fujifilm mulls equity alliance with Olympus (January 19, 2012)
Japan's Fujifilm Holdings said Wednesday it is considering supporting scandal-hit endoscop..
Analysis: BlackBerry licensing seen RIM's likeliest scenario (January 19, 2012)
(Reuters) - Research In Motion may still see software licensing as an important part of it..
Citigroup posts 2011 profit rise but suffers in quarter (January 18, 2012)
US banking giant Citigroup has reported a profit of $11.3bn (£7.3bn) for 2011, up 6% on th..
Samsung seeks to merge smartphone operating platforms (January 18, 2012)
(Reuters) - Samsung Electronics Co plans to merge its own 'bada' mobile phone operating so..
Standard & Poor's downgrades EU bailout fund EFSF (January 17, 2012)
The credit ratings agency Standard & Poor's has downgraded the EU bailout fund to AA+ from..
BASF cuts back on GM products (January 17, 2012)
The world's top chemicals firm, Germany's BASF, said Monday it was halting the development..
Wine prices decline in China, Lafite worst hit (January 17, 2012)
Prices of fine wines have seen a steady fall in recent months in China, with Lafite experi..
Goldman Sachs cuts pay and bonuses as profits halve (January 19, 2012)
US banking giant Goldman Sachs has cut its pay and bonus payments during 2011 - to $12.2bn..
World Bank sees grim 2012 (January 19, 2012)
The World Bank Wednesday urged developing countries to prepare for the "real risk" that an..
TD Ameritrade profit rises in tough environment (January 18, 2012)
(Reuters) - TD Ameritrade Holding Corp (AMTD.O) posted a 5 percent increase in quarterly p..
Facebook Koobface worm 'hacker gang named' (January 18, 2012)
Alleged cybercriminals behind an internet worm, which spread via Facebook and other social..
Airbus Tianjin plant to assemble three A320 aircraft monthly in 2012 (January 18, 2012)
The joint venture of Airbus in China's northern Tianjin municipality can now assemble thre..
24 million customer accounts hacked at Zappos (January 17, 2012)
(Reuters) - Online shoe retailer Zappos told customers this weekend that it has been the v..
U.S. online piracy bill headed for major makeover (January 17, 2012)
(Reuters) - U.S. legislation aimed at curbing online piracy, which had appeared to be on a..
UK hydrogen cars project launched January 19, 2012
An initiative to try to make hydrogen-powered cars a commercial success has been launched by the UK government and 13 companies.
Top internet firms impose site blackout January 19, 2012
More than 7,000 websites including Wikipedia are blacking out their websites on Wednesday to protest the pending Stop Online Piracy Act (SOPA) and PROTECT IP Act, the latest move from Silicon Valley to take on Hollywood in their anti-piracy..
Chinese haute-couture steps up at HK Fashion Week January 19, 2012
(Reuters) - China at one time may have been better known for fashion knockoffs than catwalk creations, but Chinese haute-couture is now finding its feet on the international stage -- even as it grows ever more popular with customers at home..
AT&T jacks up data plan prices as usage booms January 19, 2012
(Reuters) - AT&T Inc plans to sharply raise prices on data plans for smartphone and tablet customers from next week, calling the move a response to an explosion in wireless usage.
Metro postpones Kaufhof sale amid falling sales January 18, 2012
German retailing giant Metro has suspended plans to sell its Kaufhof department stores and reported "disappointing" Christmas sales.
Citi's turnaround plan hits euro crisis speedbump January 18, 2012
(Reuters) - The European debt crisis interrupted the plans of Citigroup Inc Chief Executive Vikram Pandit to rebuild the bank, which reported an 11 percent drop in quarterly profit and disappointed Wall Street amid lackluster investment ban..
Wikipedia to shut for 24 hours to stop anti-piracy act January 18, 2012
(Reuters) - Wikipedia, the popular community-edited online encyclopedia, will black out its English-language site for 24 hours to seek support against proposed U.S. anti-piracy legislation that Wikipedia founder Jimmy Wales said threatens t..
Currys and PC World owner Dixons sees sales fall 5% January 18, 2012
Wikipedia plans to take its English-language site offline on Wednesday as part of protests against proposed anti-piracy laws in the US.
BMW recalls 235,000 Minis worldwide because of pump fault January 17, 2012
BMW is recalling 235,000 Mini vehicles worldwide - 29,868 in the UK - because of a fault with an electric water pump.
China shifts policy on auto investment January 17, 2012
As the biggest auto manufacturer in the world, China's auto industry attracts capital from across the world. But now the government has issued a new policy on foreign investment in whole auto manufacturing sector.
Wal-Mart names head of global eCommerce business January 17, 2012
(Reuters) - Wal-Mart Stores Inc on Sunday named Neil Ashe as the new president and chief executive of its global eCommerce business as the world's largest retailer in a move to bolster its online presence.
China to ease controls on HK listings: regulator January 17, 2012
(Reuters) - China's securities regulator plans to relax controls on Hong Kong and overseas listings for Chinese companies and will push for issues of yuan-denominated shares in the offshore yuan market, its vice chairman Yao Gang said on Mo..
Tax officers to hold lightning strike on Monday January 16, 2012
The PCS - the largest union representing civil servants - said the trials would pave the way towards privatisation in the department - a claim rejected by the tax office.
Coffee giants target China's Yunnan plantations January 16, 2012
Global companies including Nestle SA and Starbucks Corp. are eyeing Southwest China’s Yunnan province -- home to almost 99% of China’s coffee production volume -- as they want to gain access to prime plantations and capture market share in ..