Global sales of Cognac, a variety of brandy has reportedly reached record levels last year owing to the increased level of exports to China, the BNIC French producers association mentioned.
Jon Huntsman will drop out of the Republican presidential race and will endorse frontrunner Mitt Romney, according to his campaign sources. He has informed his campaign advisers that he is quitting and is expected to make the announcement on Monday during a speech at Myrtle beach, South Carolina.
China's fledgling real estate investment fund market could see a surge of activity in 2012 as property developers launch their own vehicles in a desperate bid to bridge an estimated $111 billion financing gap in the year ahead.
Jon Huntsman will drop out of the Republican presidential race on Monday and endorse Mitt Romney, a senior Huntsman campaign official said Sunday night.
Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
The U.N. chief told Bashar al-Assad Sunday to stop killing your people and the Syrian leader offered an amnesty for crimes committed during a 10-month-old revolt against him.
The countdown for the 2012 Golden Globes is nearly over, with just a few hours until the nominees step out onto the red carpet.
Iran said on Sunday it had received a letter from the U.S. government about the Strait of Hormuz, the crucial oil shipping lane that Tehran has threatened to close if sanctions prevent it exporting oil.
Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
The 69th Annual Golden Globe Awards ceremony will air live Sunday night on NBC 8-11 p.m. EST from the Beverly Hilton in Beverly Hills, Calif. Here is a full list of the nominees, predictions of likely winners and all the after-party details.
Now that 153,000 people have exhausted themselves at the 2012 International Consumer Electronics Show in Las Vegas, an American visitor can't help thinking that the future of electronics is in Asia, not California's Silicon Valley or Texas.
The five-year slide in U.S. home prices will stop this year, followed by the start of a weak recovery next year, according to a Reuters poll that also showed economists split on whether the government would make new efforts to support the market.
The United Nations chief told Bashar al-Assad on Sunday to stop killing your people, and the Syrian leader offered an amnesty for so-called crimes committed during a 10-month-old revolt against him.
Phobos-Grunt -- a stranded Russian science satellite loaded with enough rocket fuel for a round-trip mission to Mars -- is expected to plunge back to Earth either Sunday or Monday, but officials don't know when or where it, or its remnants, will hit.
Chinese Premier Wen Jiabao pressed Saudi Arabia to open its huge oil and gas resources to expanded Chinese investment, media reports said on Sunday against a backdrop of growing tension centered on Iran and worries over its crude exports to the Asian power.
The latest report from the iPad rumor mill is from Bloomberg, which cited three people familiar with the product, who said Apple's third-generation iPad will go on sale in March, have a high-definition screen and a faster processor, and be LTE compatible.
The prohibition on eating pigs stretches back to antiquity.
Taiwan's President Ma Ying-jeou was re-elected on Saturday as official tallies showed he held a near-unassailable lead in the vote count and the opposition conceded defeat.
President Barack Obama asked Congress on Friday for broad powers to overhaul the U.S. government and untangle what he called an outdated bureaucratic maze that makes it hard for U.S. businesses to sell their goods abroad.
The Lenovo K800, which was released on Tuesday at the 2012 Consumer Electronics Show (CES), will be the first smartphone powered by the Intel Atom Medfield chip. The phone is expected to hit the Chinese market in the second quarter of 2012.
Taiwan's incumbent Nationalist president had a tiny edge on Saturday in early vote counts from an election that is being closely monitored by China and the United States as they look for stability in the region at a time of political transition.
