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Latest News
- China GDP growth at 2-1/2 year low but tops forecast
Category: Business
Publish Date: 01-16-2012 09:16 PM -0800
BEIJING (Reuters) - China's economy grew at its weakest pace in 2-1/2 years in the latest quarter and it appeared headed for an even sharper slowdown in the coming months as export demand fades and...[more]
- Insight: Recovery at risk as Americans raid savings
Category: Business
Publish Date: 01-16-2012 09:13 PM -0800
NEW YORK (Reuters) - More than four years after the United States fell into recession, many Americans have resorted to raiding their savings to get them through the stop-start economic recovery....[more]
- Samsung Returns to Long-Term Debt Market
Category: Business
Publish Date: 01-16-2012 08:53 PM -0800
Samsung Electronics said it asked bankers to help it raise $1 billion in a bond offering, the first time since 1997 the manufacturer will use long-term debt to pay for expansion.[more]
- Samsung Group plans record $41 billion investment in 2012
Category: Business
Publish Date: 01-16-2012 08:45 PM -0800
SEOUL (Reuters) - Samsung Group, which includes Samsung Electronics Co, said on Tuesday it is raising its 2012 investment to a record $41.4 billion, as the South Korean conglomerate seeks to...[more]
- Chinese economy slows at year end
Category: Business
Publish Date: 01-16-2012 08:43 PM -0800
China's economy, the world's second-largest, grew at its slowest pace in more than two years, latest government figures show.[more]
- Airbus, Boeing Rivalry Intensifies
Category: Business
Publish Date: 01-16-2012 08:40 PM -0800
Airbus is expected to unveil record order numbers for 2011, potentially booking almost twice as many orders as rival Boeing, but the gap in the dollar value between the two is closer than their...[more]
- S&P downgrades euro zone rescue fund
Category: Business
Publish Date: 01-16-2012 08:29 PM -0800
BRUSSELS (Reuters) - U.S. rating agency Standard & Poor's cut its credit rating of the euro zone's EFSF rescue fund on Monday, and Greece was under pressure to break a deadlock in debt swap talks...[more]
- Olympus panel clears auditing firms of blame in scandal
Category: Business
Publish Date: 01-16-2012 08:16 PM -0800
TOKYO (Reuters) - An unofficial panel of experts cleared global accounting groups KPMG and Ernst & Young of any responsibility for a $1.7 billion accounting fraud at Japan's Olympus Corp on...[more]
- HCL Technologies Profit Surges 43%
Category: Business
Publish Date: 01-16-2012 07:49 PM -0800
India's HCL Technologies reported a more than 43% jump in second-quarter net profit, helped by stable demand for outsourcing technology services despite global economic uncertainties.[more]
- Big Companies Try Crowdsourcing
Category: Business
Publish Date: 01-16-2012 07:40 PM -0800
Crowdsourcing—breaking a project into tiny tasks and farming those tasks out to the general public—can be cheaper and more efficient than hiring temps, some comapnies find.[more]
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