COMPANIES

IBTimes Logo

Chip Sales In January Up 14 Pct Y-o-Y: SIA

The Semiconductor Industry Association (SIA) said worldwide sales of semiconductors for the month of January rose 14.0 percent from last year to $25.5 billion on significant growth across all major end-use sectors. Sequentially, sales increased 1.5 percent.

Ford's 'talking cars' to hit the roads soon

 Ford to invest $400 mln in Kansas plant, create 3,750 jobs
Carmakers are fast developing cars that could use advanced WiFi signals and GPS systems, which would allow cars to communicate with fellow cars on roads, which would warn and prevent potential accidents.

China Overseas Land says to focus on major cities

China Overseas Land says to focus on major cities
China Overseas Land and Investment Ltd (0688.HK), one of the country's biggest developers, will focus on business in affluent first- and second-tier cities in the future, Chairman Kong Qingping said over the weekend.
State parent says supports div cuts by Chinese banks

State parent says supports div cuts by Chinese banks

Central Huijin Investment Co, the domestic arm of China's $300 billion sovereign fund, will give its full backing to its banking units if they need to cut dividends or raise money to meet tougher capital rules, a senior Central Huijin executive said on Sunday.
More news
 GE to host electric vehicle tour in US

GE to host electric vehicle tour

General Electric will host an electric vehicle experience tour in seven U.S. cities that will bring GE experts together with local businesses, industry leaders, and public sector stakeholders for educational workshops, test drives, and dialogue on the business case for EV ecosystems.

Top 10 World’s Most Overvalued Homes (SLIDESHOW)

This list of top ten world’s most overvalued homes is taken from the latest quarterly ranking of global house prices by The Economist based on a historical data of home prices to rents between 1975-2010.
Wang Jianzhou, chairman of China Mobile Communications Corporation, attends the Asian Financial Forum in Hong Kong January 17,2011. REUTERS/Tyrone Siu (

Will Apple tie up with China Mobile to drive iPhone sales?

Will Apple develop an iPhone that can run on China Mobile's TD-SCDMA 3G standard, a move that could boost the sales of iPhone in China? There is no word as yet from Apple on this, but the chairman of China Mobile said on Friday Apple's Steve Jobs has expressed interest in developing an iPhone for his network, Reuters has reported.
Galleon hedge fund founder Rajaratnam departs federal court in New York

Courtroom showdown in Galleon trading probe

A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.
General Motors

U.S. judge to approve plan that pays GM creditors

A federal judge said on Thursday he would approve the bankruptcy plan for Old GM, wrapping up one of the most complex Chapter 11 cases in U.S. history and paving the way for a distribution of General Motors stock and warrants to creditors.
Goldman Sachs Chairman and CEO Lloyd Blankfein is sworn in before testifing at Senate Homeland Security and Governmental Affairs Investigations Subcommittee hearing

Goldman's Blankfein to testify at Galleon insider trading

Goldman Sachs Group Chief Executive Lloyd Blankfein has agreed to testify for the U.S. government at the upcoming trial of Galleon hedge fund founder Raj Rajaratnam, the Wall Street Journal reported, citing people familiar with the matter.
Tianjin Port, CNOOC in talks for LNG terminal

Tianjin Port, c in talks for LNG terminal -report

The operator of northern China's Tianjin Port was in talks with China National Offshore Oil Corp (CNOOC) to build a liquefied natural gas (LNG) receiving terminal at its port, the China Daily reported on Friday.
IBTimes Logo

Oxus prepares for legal battle over Uzbek gold

Oxus Gold (OXS.L) laid the ground for a legal battle with the government of Uzbekistan over the future of its ill-fated investment in the central Asian state, wiping out more half of its market value on Thursday.
IBTimes Logo

Murdoch gets green light for BSkyB takeover

Rupert Murdoch's News Corp took a huge step toward securing its prized $14 billion buyout of satellite broadcaster BSkyB when Britain accepted its proposals to ease competition concerns.
IBTimes Logo

SEC scanning bank loan practices: report

U.S. securities regulator is seeking information from an unknown number of regional and community banks that have restructured troubled loans in order to make them appear healthier than they really are, the Wall Street Journal said, citing people familiar with the situation.
Can Daimler partnership give China’s electric car startup BYD a lift?

Can Daimler partnership give China’s electric car startup BYD a lift?

If you’ve followed the auto industry for a while you’ll know that automakers are always sharing technology and projects in cross-collaborations that would normally make any paranoid hard-nosed capitalist weep in fear. But the latest firms to receive official blessing for a joint project might not be the strange bedfellows they appear at first.
Clinton says China seeks to outflank Exxon in Papua

Clinton says China seeks to outflank Exxon in Papua

China wants to elbow U.S. oil giant Exxon Mobil (XOM.N) out of a $15 billion liquefied natural gas (LNG) project in Papua New Guinea, U.S. Secretary of State Hillary Clinton said on Wednesday in an example of the new competition Beijing presents to U.S. interests.
Sky News broadcast is shown on television screens in an electrical store in Edinburgh

News Corp offers to sell Sky to ease BSkyB deal

Rupert Murdoch's News Corp has offered to sell Sky News and also subsidize the channel for years to win approval of its planned takeover of all of British pay TV company BSkyB , the BBC reported on Wednesday.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.