CHINA

Silicon Valley reinvents the lowly brick

IBTimes Logo
Forget microchips.Silicon Valley sees a profitable future in the humble brick thanks to a low-energy production process that illustrates the greening of the U.S. technology capital.
IBTimes Logo

China buys Noble stake, seeks commodities expertise

China Investment Corp, a $200 billion sovereign wealth fund, has bought a 14.5 percent stake in trading firm Noble Group for $850 million, giving China greater exposure to global commodities and trading expertise.
More news
IBTimes Logo

Oil above $71 on dollar, Saudi sees recovery

Oil rose above $71 a barrel on Tuesday, supported by a weaker dollar and after the oil minister of top exporter Saudi Arabia said he was seeing real evidence of world economic recovery in the form of demand for Saudi crude.
IBTimes Logo

China appeals WTO ruling on entertainment imports

China appealed at the last minute on Tuesday against a World Trade Organization ruling upholding parts of a U.S. complaint about Chinese restrictions on imports of films, books and other audio-visual material.
IBTimes Logo

Magna CEO says aims to appease VW on Opel deal

Canadian auto supplier Magna International (MGa.TO) said it plans to hold talks to appease Volkswagen (VOWG.DE), which has threatened to pull business from Magna if it goes through with an investment in Opel.
IBTimes Logo

GE CEO to test new management model in India

General Electric Co plans to test a new management model in India that the largest U.S. conglomerate believes will help it flourish through a long period of sluggish post-recession growth in developed markets.
IBTimes Logo

FOREX-Dollar hits 1-year low vs euro before Fed, G20

The euro hit a one-year high against a sliding dollar on Tuesday as dealers resumed selling the U.S. currency following its rise the previous day, while markets awaited a Federal Reserve policy decision and Group of 20 summit later in the week.
IBTimes Logo

Ford to announce 3rd China car plant: source

Ford Motor Co and its Chinese partner will announce plans on Friday for their third car manufacturing plant in China, where sales may soon outpace its existing capacity, an industry source said on Tuesday.
IBTimes Logo

Stock futures signal gains; eyes on Fed

Stock futures pointed to a higher opening on Wall Street on Tuesday, with futures for the S&P 500 up 0.7 percent, Dow Jones futures up 0.6 percent and Nasdaq 100 futures up 0.7 percent at 4:56 a.m. EDT.
IBTimes Logo

Oil rises above $70, traders seek demand recovery signs

Oil rose above $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.
IBTimes Logo

Asia stocks edge up, dollar runs out of steam

Asian shares edged higher on Tuesday, helped by gains in South Korean technology shares, while the New Zealand dollar surged to a 13-month high on signs of a recovery in prices for the country's key dairy exports.
IBTimes Logo

Wilmar seen to raise $3.5 bln in China spinoff-report

Plantation and palm oil processor Wilmar International is expected to spin off its China food operation, raising up to HK$27.3 billion ($3.5 billion) in a flotation of shares in Hong Kong in October, the Hong Kong Economic Times reported on Tuesday.
IBTimes Logo

Asian shares subdued, Kiwi hits 13-month high

Asian shares inched up on Tuesday with softer commodity prices weighing on Australian stocks, while the New Zealand dollar hit a 13-month high on signs of a recovery in prices for the country's key dairy exports.
IBTimes Logo

Oil rises to $70, traders seek demand recovery signs

Oil rose to $70 a barrel on Tuesday in a technical rebound after its 3.2 percent decline in the previous session, as traders watch for clues to the health of the global economy from a U.S. Federal Reserve meeting and a summit of G20 nations this week.
IBTimes Logo

Cadbury CEO admits some synergies with Kraft-WSJ

The head of chocolate maker Cadbury PLC, which is facing a possible takeover by U.S. food giant Kraft Foods Inc, said there were some complementary elements in the two companies' portfolios, according to a Wall Street Journal report.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.