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Google shares slide amid Schmidt speculation

Google Inc shares fell more than 7 percent on Friday after its quarterly results came in short of expectations, leading some analysts to cut price targets on concerns about growth.
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China still sees managed floating FX system: Hu

China remains on course to gradually put in place a managed floating exchange rate system, President Hu Jintao said in a speech released on Friday amid pressure on Beijing to let its yuan currency strengthen.
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India's Mahindra to buy out Renault stake in JV

France's Renault is bailing out of a loss-making joint venture with India's Mahindra & Mahindra after disappointing Logan sales, and is expected to focus on other projects in the potentially high-growth market.
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Asia stocks back off highs as risk appetite wanes

by Vikram S SubhedarAsian stocks retreated from 22-month highs, and higher-yielding currencies fell, as investors booked profits after risky assets ran up in recent sessions on the back of good economic data.
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Kyrgyzstan: Business, Corruption and the Manas Airbase (Part 3)

Kyrgyzstan's mass anti-government protests last week were essentially the culmination of more than a decade of disillusionment and dissatisfaction that accumulated in the nation's political, economic and social spheres from the period of Akayev to his successor Kurmanbek Bakiyev, with virtually every Kyrgyz concerned about rising prices and falling standards of living, both issues of little concern and dimly understood in Washington.
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Google profit rise fails to impress

Google Inc posted a 23 percent jump in quarterly revenue on a rebound in Web advertising, but its stock fell 5 percent as the company disappointed some investors accustomed to blowout results.
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Australian Dollar Outlook

The Australian dollar has opened relatively unchanged from yesterday following a mixed session offshore overnight.
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Microsoft says investigating China factory report

Microsoft Corp said on Thursday it was investigating charges that young workers at a factory in China making its mice, cameras and Xbox controllers suffer overlong working hours and harsh treatment.
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Apache dives deep in Gulf with Mariner buy

Apache Corp said it will buy oil and natural gas explorer Mariner Energy Inc for $2.7 billion, diving into the deepwater Gulf of Mexico with its second major acquisition this week.
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Sweden, Canada outrank U.S. on healthcare

(Reuters) - People living in countries with government-run healthcare systems like Sweden and Canada are far more confident than Americans that their families can get good, affordable care, according to a 22-nation survey released on Thursday.
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Mazda may fix 280,000 Mazda3/Axelas worldwide

Mazda Motor Corp said on Thursday it would recall 89,822 Mazda3/Axela compact cars in Japan and China to fix a problem with the oil hose, and a further 191,503 sold elsewhere could be subject to repairs.
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Strong Chinese GDP growth backs tightening case

China chalked up unexpectedly strong annual growth of 11.9 percent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation of when Beijing will loosen its grip on the yuan.
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China's strong start to 2010 backs tightening case

China chalked up unexpectedly strong annual growth of 11.9 percent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation on when it will loosen its tight grip on the yuan.
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Toyota to test all SUVs, suspends Lexus GX output

Toyota Motor said on Thursday it would conduct safety tests on all its sport utility models after a report claiming that a handling problem in a new version Lexus put drivers at risk of rollover accidents.
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Stock futures signal dip; eyes on UPS

Stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.3 percent, Dow Jones futures down 0.2 percent and Nasdaq 100 futures down 0.21 percent at 5:12 a.m. EDT.

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