The new chairman of global miner Rio Tinto said he would meet major shareholders in London next month, and would be prepared to scrap a $19.5 billion tie-up with China's state-owned Chinalco if they looked certain to oppose it.
Global miner Rio Tinto defended itself on Monday against shareholder criticism of its proposed $19.5 billion tie-up with China's state-owned Chinalco, its rejection of a takeover bid by BHP Billiton and its costly 2007 purchase of Alcan.
Major Chinese auto group Chongqing Changan Auto Co is planning acquisitions overseas as it prepares to enter Europe and North America where the industry downturn has hit hard, its chairman said on Sunday.
U.S. Treasury Secretary Timothy Geithner does not see a second wave of banking collapses and the government is ready to support capital-raising when needed, a Japanese newspaper said on Sunday.
U.S. Treasury Secretary Timothy Geithner does not see a second wave of banking collapses and the government is ready to support capital-raising when needed, a Japanese newspaper said on Sunday.
A fund run by China Guangdong Nuclear Power Group, one of China's two leading nuclear power developers, has signed a deal raising 7 billion yuan ($1.03 billion) for nuclear and other energy projects, the Xinhua news agency said on Saturday.
China's Premier Wen Jiabao said on Saturday that economic polices of countries which issue global reserve currencies require closer supervision as part of building a diversified international monetary system.
Four men from The Pirate Bay were sentenced to a year jail and ordered to pay 2.5 million pounds in a landmark case.
Russia's foreign minister will visit North Korea next week, a source said on Friday, as regional powers try to prevent the state from restarting its nuclear arms plant and defuse tensions that have rattled regional security.
Volkswagen AG may have overtaken Toyota Motor Co to become the world's top-selling carmaker in the first quarter, thanks to government incentives that fueled demand in VW's major markets.
Volkswagen's global vehicle sales fell by 11.4 percent in the first quarter but its market share gains may have let it overtake Japan's Toyota Motor as the world's top-selling automaker.
Volkswagen may have become the world's top-selling automaker in the first quarter as government incentives have fueled demand in its major markets, overtaking industry giant Toyota.
Asian stocks rose on Friday after results from JPMorgan and Google kept shares on track for a sixth week of gains, while the euro fell to a one-month low on uncertainty over what non-standard policy action the European Central Bank will enact.
Asian stocks rose on Friday and the yen slipped, after upbeat results from JPMorgan and Google kept a revival of risk taking alive, with Asian shares outside Japan on track for a sixth week of gains.
Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.
Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.
Air China, which posted bigger-than-expected 2008 losses, returned to profit in the first quarter of 2009, helped by an exceptional gain and lower fuel costs.
The new head of Hong Kong's Catholic Church Thursday pledged to defend human rights and urged China to allow greater religious freedom in his influential new role as a bridging figure for Sino-Vatican ties.
President Barack Obama outlined his plan for long overdue high-speed rail on Thursday that would rival air travel, create jobs and help curb the U.S. transportation system's appetite for oil.
Oil edged higher toward $50 a barrel on Thursday but gains were limited as mixed data from the United States and China reminded investors that any signs of economic recovery were still tentative.
China insisted on Thursday that six-party disarmament talks remain the way to defuse conflict over North Korea's nuclear ambitions, despite Pyongyang abandoning the process and expelling U.N. inspectors.
World stocks eked out small gains on Thursday as mixed data from China and the United States reminded investors of the fragility of rebounding economies and markets.
