General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International , sources with knowledge of the deliberations said on Monday.
An executive from Aluminum Corp. of China Ltd. (Chinalco) denied recent media reports that the company is in talks with Australian miner Rio Tinto on a possible bauxite deal, local media Caijing reported on Monday.
General Motors Co is considering a plan to raise funding to keep Opel as an alternative to selling the unit to Magna International with financing from the German government, sources with knowledge of the deliberations said on Monday.
Benchmark iron ore prices in China fell to $95 a tonne on Monday, easing 17 percent from its nearly one-year peak of $115 in early August, as traders said many Chinese steel mills stopped buying ore for future delivery.
The Tengzhong-Hummer deal hasn't been approved by the Chinese government, Xinhua reported on Monday, citing government officials.
China's Sinopec Corp said on Sunday its net profit in the first half of 2009 rose by 332.8% year-on-year, due to adjusted refined oil prices on the domestic market.
Oil prices gained on Monday, briefly touching a 10-month high near $75 a barrel on expectations an economic recovery would revive ailing world energy demand.
Oil prices rallied to a 10-month high near $75 a barrel on Monday, part of a broad global rally in commodities and equities markets propelled by expectations for an economic recovery.
Oil prices rallied to a 10-month high near $75 a barrel on Monday, part of a broad global rally in commodities and equities markets propelled by expectations for an economic recovery.
Toyota Motor Corp (7203.T) will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.
A U.S. official charged with enforcing U.N. sanctions on North Korea sought South Korea's continued support during talks on Monday even as Pyongyang makes conciliatory moves after months of military grandstanding.
Toyota Motor Corp will recall 688,314 Camry and other sedans made at its two China joint ventures from Tuesday, its largest recall in the country, to fix a faulty electric switch to the window.
Oil rose toward $75 a barrel on Monday, within sight of a 10-month high, supported by optimism that an economic recovery will spur a rebound in global energy demand.
China will maintain its stimulative policy stance because the economy, far from being on solid footing, is facing fresh difficulties, Premier Wen Jiabao said on Monday.
Asian stocks jumped more than 2 percent on Monday, lifting world shares to a 10-month high, after upbeat U.S. housing data and optimistic comments from Federal Reserve Chairman Ben Bernanke spurred buying of riskier assets.
President Barack Obama will visit China in mid-November, the new United States ambassador to Beijing said on Saturday, setting a date for a big summit likely to tackle the global economy, North Korea and climate change.
A majority of college-bound students getting reading for the coming school semester are a preferring to steer away from Mac laptops, a new study reveals. Instead, students are leaning toward affordable netbooks from a variety of manufacturers, according to Retrevo, a consumer electronics website, that conducted the study.
Hong Kong-based private equity firm First Eastern Investment Group plans to invest in a Wall Street bank as part of a strategy to build its presence in every major global financial hub, its chairman Victor Chu said.
China Mobile, the world's largest mobile carrier, aims to sign a series of deals with key Taiwanese firms this week, helping them gain access into China's rapidly growing telecoms market.
Foxconn, a long-time partner with Apple Inc, is working on the WCDMA standard iPhone models with WiFi and support WAPI, though the first batch of iPhones for China is Wi-Fi-disabled, an insider of iPhone Product Development told CBN news on Wednesday.
Pakistani President Asif Ali Zardari backed China's policies in its tense Xinjiang region ahead of his latest visit to the giant neighbor he has wooed as a strategic and economic counterweight to the West, Chinese state media said.
Iran has allowed U.N. nuclear inspectors access to a reactor under construction after blocking visits for a year, and has let them upgrade monitoring at another site ahead of a crucial report on its atomic program.
