France's Carrefour launched its second Russian store on Thursday with a pledge to pursue acquisitions in the country, and said the crisis had not changed its long-term vision of the market.
Global oil demand will be almost 0.5 million barrels per day higher than previously forecast this year and next on stronger-than-expected U.S. and Chinese fuel consumption, the International Energy Agency said.
Chinese carmakers are venturing on to the global stage with bids for Western brands from Volvo and Hummer to Saab, but there are doubts these inexperienced firms can manage the transformation such deals would bring.
Britain, South Korea and New Zealand left interest rates at record lows on Thursday, with Canada expected to follow suit, but in Asia at least there were signs that thoughts are turning to tighter policy.
Asian stocks rose on Thursday as investors continued to switch into riskier assets amid growing confidence the global economy is recovering, keeping the dollar on the defensive.
After driving his BMW 5 series model for just three years, Chinese futures trader Jerry Lin traded in his car for an Audi A6.
Asian stocks rose on Thursday as hopes for global economic recovery prompted investors to shift into riskier assets, while oil found support above $71 a barrel following OPEC's decision to keep output steady.
North American companies are flocking to sell shares this week, signaling to some investors the U.S. stock market may be close to sputtering after a long rally.
China's next iron ore pricing negotiation is now in jeopardy after Rio Tinto suspended this year's talks with Chinese steel mills without agreement just two months before the 2010 round was due to begin.
The itchy dry red skin is well known to eczema sufferers and the painful sores from too much scratching are also well remembered. Science has concluded that eczema is a condition relating to the immune system
U.S. emissions of carbon dioxide, the main greenhouse gas blamed for global warming, should fall 6 percent in 2009 as the recession curbs electricity demand, the government forecast on Wednesday.
When people speak of exotic Chinese Herbs, we usually may not think of the common cooking ingredient called ginger as being one of these Chinese Herbs - but yes, it is. What we use as a cooking ingredient would be the so-called
Tyson Foods Inc, the largest U.S. meat producer, said on Wednesday its chicken business has softened since early August, while its beef and pork businesses are doing well.
When we speak of Chinese herbs, we are technically referring to herbs sourced straight from China. Chinese herbs are commonly employed for Chinese cooking but may also have medicinal properties that make them ideal to use in Traditional Chinese Medicine too.
Chinese automaker FAW is set to help finance luxury sportscar maker Koenigsegg's planned purchase of Saab Automobile GM.UL, a Swedish newspaper reported on Wednesday without disclosing its sources.
China's largest automaker SAIC Motor group (600104.SS) may take a passive stake in Saab Automobile [GM.UL] by teaming with luxury sportscar maker Koenigsegg, a source with knowledge of the situation said on Tuesday.
Whether 9/9/09 is deemed lucky or a day to avoid, the rarity of Wednesday's date has inspired loving couples, restaurants and even a movie studio to mark the occasion across the globe.
China has eliminated additional charges on imported auto parts, starting Sept 1 this year, the top planning body said on Wednesday, ending a two-year dispute with the World Trade Organization.
Hyundai Motor Co (005380.KS), South Korea's top automaker, and its China partner will start building their third plant in China early next year as its sales in the fastest growing major auto market may soon outpace existing capacity, an company executive said on Wednesday.
China's Geely Automotive (0175.HK) said its parent company plans to bid for all of Ford Motor Co's (F.N) Volvo Car Corp, becoming the latest Chinese automaker to chase a foreign marque in a global industry shakeup.
Myanmar's military regime is stepping up efforts to show its neighbors that armed ethnic separatists on its border are under control after violent clashes that sent thousands of refugees pouring into China.
China National Petroleum Corp (CNPC), parent of Asia's largest oil and gas producer PetroChina, said it secured a $30 billion state loan to fund overseas expansion, as Beijing seeks to secure resources for the world's fastest-growing major economy.
