Proview Technology, the Chinese firm embroiled in a legal battle with Apple Inc over the iPad name, said on Wednesday that Chinese customs authorities had told it that any ban on the import or export of the popular tablet PCs would be difficult to impose due to the sheer size of the market.
The top aftermarket NYSE gainers Tuesday were: Hartford Financial Services, First Majestic Silver Corp, Lions Gate Entertainment, ING Group, Rosetta Stone and MetLife. The top aftermarket NYSE losers were: Renren Inc, Lone Pine Resources, Sunrise Senior Living, FXCM, FMC Technologies and China Unicom.
China's defense budget is set to double by 2015, which will be more than the combined spend of all other key defense markets in Asia Pacific, a global think tank has said.
An electronics firm is bidding to block iPad imports in China after winning a copyright suit against Apple, prompting two cites to pull the popular tablets from store shelves.
The life of Wu Ying, a 31-year-old ex-rich list woman now on death row, is in balance. Wu, a secondary school dropout who stitched together a 4-billion yuan business empire before she turned 27, was accused of engaging in illegal fund-raising and sentenced to death in 2009.
Talks between Yahoo Inc and China's Alibaba Group over the U.S. Internet giant's Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation.
The head of Airbus said he ordered an internal investigation into how the company allowed wing cracks to develop on its flagship A380 passenger jet, acting to draw a line under weeks of embarrassing publicity for the world's largest planemaker.
Markets rose on Wednesday as investors hoped Greece would deliver on a commitment to enact harsh reforms, while comments from China's central bank governor saying Beijing would continue to invest in euro zone government debt aided sentiment.
Brazil's Vale SA , the world's second-largest mining company, will likely report a 21 percent decline in fourth-quarter profit as the price of key metals fell and the company changed the way it charged for iron-ore, its main product.
Apple Inc is in very active discussions at the board level about what to do with its steadily growing hoard of cash and securities, Chief Executive Tim Cook said on Tuesday, responding to calls for the world's most valuable electronics company to put its massive cash reserves to work.
Early in January 2012, DoubleLine Capital's Jeffrey Gundlach sounded bearish on the U.S. stock market.
Xi is slated to become the leader of China by 2013 (which would arguably make him the most powerful man in the world)
Baidu, China’s equivalent of Google, could report fourth-quarter earnings rose about 70 percent due to strong growth in usage and ad sales, analysts estimate.
U.S. Senate candidate Pete Hoekstra's popularity has taken a big hit since releasing an ad for the Super Bowl that featured an Asian woman speaking in broken English and exhibiting other Chinese stereotypes.
Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a sale of the U.S. company's Asian assets, tech blog AllThingsDigital cited sources as saying on Tuesday.
Talks between Yahoo Inc and China's Alibaba over the U.S. internet giant's Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation.
Jinping Xi, slated to become China's next leader by 2013, touched down at Andrews Air Force base this morning to begin a busy five-day visit which included meetings with President Obama and other top administration officials at the White House.
Shares of Yahoo, the No. 2 search engine, fell about 7 percent after reports of problems in divesting Asian assets by new CEO Scott Thompson.
The iPad 3 will be the first Apple device to accommodate the high-speed Long-Term Evolution (LTE) network, according to the Wall Street Journal. But if Apple releases its next iPad with LTE, it's a near-certainty that LTE will also come to the iPhone 5, which is set to release in June or July 2012.
Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a tax-free sale of the U.S. company's prized Asian assets, a source familiar with the situation told Reuters.
A Chinese tech firm that claims it still owns the iPad trademark will seek a ban on exports of Apple Inc's computer tablets from China, which could deal a blow to the U.S. technology giant's sales worldwide.
Oil-rich Cuba is starting to drill offshore by awarding a contract to Spain's Repsol. But the Bolivarian Republic of Venezuela could be the biggest beneficiary.
