Yahoo, Alibaba Tax-Free Deal Talks Crumble
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 Asian assets, a source familiar with the situation told Reuters.
Yahoo, Alibaba tax-free deal talks crumble: source
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 Asian assets, a source familiar with the situation told Reuters.
Avon sales slide as door-to-door reps leave
Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in most markets, and executives raised the possibility of layoffs soon.
Xi Jinping Visits Obama in Washington: 9 Must-Knows About China’s Vice President
Xi is expected to succeed Hu Jintao as both Chinese President and General Secretary of the Communist Party of China (CPC). The 58-year-old communist leader's rise to power had uncertain beginnings, but ultimately followed the formulaic path of political grooming and steady ladder-climbing known to produce China's recent and future leaders. Here are nine things to know about how he rose to power:
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Amazon to open second fulfillment center in Delaware
Amazon.Com Inc, which has been spending heavily on expansion, said it will spend more than $90 million to open a fulfillment center at Middletown in Delaware.
Avon sales slide, sales reps drop out
Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in every market except Latin America and the company saw a 3 percent drop in the number of representatives who sell its cosmetics directly to consumers.
South Korea Outraged by China’s Arrest of North Korean Defectors
Kim Jong-un has reportedly vowed to take vengeance on defectors by killing three generations of their families.
China Will not 'Protect Any Party' in Syria Violence
China said it will not protect either side in Syria, where clashes against between the government and protestors are growing more and more violent, but added that it is committed to alleviating the crisis.
Apple May Face iPad Export Ban in China Trademark Dispute
A Chinese tech firm that says it owns the iPad trademark, plans to seek a ban on exports of Apple Inc's computer tablets from China, a lawyer for the company said.
Wynn downplays SEC inquiry, hits Okada claims
Wynn Resorts Chief Executive Officer Steve Wynn played down a U.S. regulatory inquiry into a company donation at the heart of a bitter legal battle embroiling his $15 billion casino empire, hitting back at his largest shareholder and accuser in a memo to employees.
No Crackdown on Google, Facebook in India
No Indian government will ever censor social media, Information Technology Minister Kapil Sibal said, seeking to calm fears of a China-style crackdown on companies like Google and Facebook.
Yuan-Denominated Gold ETF, World's First, Has Weak Debut
The world's first yuan-denominated gold exchange-traded fund (ETF) made a weak debut on the Hong Kong stock exchange on Tuesday, but analysts said demand would likely pick up as investors became more familiar with the product.
Avon sales slide, to wait for new CEO to give update
Avon Products Inc's reported weaker-than-expected fourth-quarter results as sales slid in every market except Latin America and the cosmetics direct seller lost sales representatives.
Jeremy Lin: Is a Backlash Coming?
Paradoxically, Asian-Americans are both a privileged class and a disadvantaged one, too,
iPads Removed from Shelves in China Due to Trademark Dispute
The tech giant Apple is facing a great challenge - the iPads have been removed from the shelves in northern China due to the trademark dispute between Apple and Chinese company Proview International.
Stock Futures Higher After Upbeat German Data
Stock index futures edged up Tuesday after upbeat data from Germany offset ratings agency Moody's downgrade of six euro zone countries.
India probes Google, Yahoo for possible forex violation: report
India's government is investigating whether local units of U.S. Internet giants Google Inc and Yahoo Inc may have violated the country's foreign exchange laws, the Wall Street Journal reported.
FLA Inspecting iPad, iPhone Plants in China: Apple
Apple has said that auditors from a labor rights group have begun inspections of the Chinese factories, including Foxconn factories in Shenzhen and Chengdu, which manufacture its iPad and iPhone.
Apple iPad: Chinese Authorities Urged to Ban Export and Import
Proview, which won a court ruling that it owns the iPad name in China, has said that it will ask customs officials to ban import and export of Apple's iPads.
EU-China Summit to Discuss Debt Crisis, Airline Tax
The summit comes a day right after Moody's downgraded its ratings for Italy, Spain and Portugal, with a negative outlook for France, Britain and Austria.
Samsung says considering options for LCD business
Samsung Electronics Co said on Tuesday it is considering various options to improve competitiveness of its loss-making LCD flat-screen business but declined to comment on a media report that it may spin off the operation.
China’s TV Broadcasting Bans Foreign Shows During Prime Time
China's State Administration of Radio, Film and Television (SARFT) said foreign TV shows cannot be aired from 19:30 to 22:00.
Iranians' Internet access blocked temporarily: experts
Most computer users in Iran were blocked from accessing email, social networking and other services in recent days, U.S.-based Internet experts said on Monday, raising fears the government is extending the reach of its surveillance on ordinary citizens.
New York Fashion Week 2012: Stars and Front Row Celebrities at the Event (PHOTOS)
New York Fashion Week is as much about front row celebs, Hollywood actors and stars as it is about the designer collections and models. Every year, the front rows of the fashion week are filled with major A-listers making the star-studded section the most glamorous spot to be seen.
U.N. Rights Chief Blasts Assad; Arabs Draft Assembly Resolution
The U.N. human rights chief accused Syrian President Bashar al-Assad Monday of launching an indiscriminate attack on civilians, emboldened by the failure of the Security Council to condemn him.
International Business Opportunities and Trends: Top Countries to Consider
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