CHINA

Yahoo May Sell Between 15% And 25% Of Alibaba, Finally: Source

The headquarters of Yahoo Inc. is pictured in Sunnyvale, California, May 5, 2008
Yahoo Inc. could be weeks away from selling between 15 percent and 25 percent of Alibaba Group's stock back to China's largest online commerce company, in a deal designed to eliminate complexities that had scuttled the parties' previous negotiations, a person familiar with the matter said.
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Chinese Cities Major Contributors To Carbon Footprint: World Bank

China must follow a low-carbon growth path to reduce carbon emissions, which are believed to be highest among several cities in the country, the World Bank said on Thursday.Shanghai, Beijin and Tianjin are amongst the cities accounting for around 70 percent of the world's greenhouse gas emissions which is set to increase as china's population climbs to another 350 million in the next couple of decades, the international financial group said in a report.
China's Bright Food in Foreign Foray

China's Bright Food To Buy 60% Stake In Weetabix

Bright Food Group Co., the second-largest food company in China, said Thursday it would buy a 60 percent stake in British cereal maker Weetabix Ltd. as it seeks to expand in foreign markets.
Chevrolet cars on the parking lot of Tropical Miami General Motors dealership

GM First Quarter Earnings Slump Despite Strong U.S. Sales

General Motors Company (NYSE: GM), the world's largest auto company, reported profits down 69 percent for the first quarter, but the loss resulted from outsized, one-time profits the year before. Overall performance for the company was strong, with revenue driven 4.4 percent higher by strong U.S. sales and improved global margins.
Asean+3, South Korean Finance Minister Bahk Jae-wan

Asian Nations Double Financial Safety Net To $240B

Asia is doubling the size of its foreign currency reserve safety net to $240 billion, finance ministers and central bank officials announced Thursday following a 13-nation meeting in Manila. The reserve funds a multilateral currency swap agreement aimed at protecting Asian markets from global economic crises.
Samsung Galaxy S3 Release: From Name To Feature And Future; Last Minute Rumor Round-Up

Samsung Galaxy S3 Release: From Feature To Future; Last Minute Rumor Round-Up

Samsung, the Korean electronics giant, has notched up significant traffic on the Internet lately thanks to the overwhelming amount of speculations, anticipations created by its next iteration of Galaxy phone, Galaxy S3. While speculations are uncountable, we have tried to be picky about some of the features we are certain about. Check out the list of all the more-or-less expected features of the Galaxy S3 like 4.8-inch Super AMOLED Plus screen, Ice Cream Sandwich OS, 1.4GHz Exynos 4 Quad process...

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