The union government has told refiners to reduce Iranian oil imports and find alternatives as New Delhi may not seek a waiver that would protect buyers of Tehran's oil from a fresh round of U.S. sanctions, two industry sources said on Wednesday.
The number of Internet users in China have crossed the half billion mark, reaching 505 million users at the end of November last year, the China Internet Network Information Center reported.
Luxury carmaker Rolls-Royce Motor Cars Ltd, owned by German automotive giant BMW AG , said its U.S. sales could overtake China this year, revving up the British company for record global revenue in 2012, its chief executive said.
Strong demand from China and India as well as short covering Wednesday extended a gold price rally that has lifted the yellow metal six percent since the end of last month.
Barclays Capital reiterated its belief that China is a big growth opportunity for Apple Inc. and could be bigger than even the U.S., within a few years.
Gold hit a four-week high and broke above a key resistance on Wednesday, defying a stronger dollar, as the festering euro zone debt crisis lured investors to its safety and signs of strong demand from the world's top two consumers also supported.
The top aftermarket NYSE gainers Tuesday were: China New Borun Corp, Synnex Corp, Hospitality Properites Trust, Choice Hotels International, Bank of Ireland, Yingli Green Energy Holding Co, Boise Inc, FelCor Lodging Trust and Starwood Hotels & Resorts Worldwide.
The best of Intel computing is coming to smartphones, Otellini told his CES keynote audience.Our efforts with Lenovo and Motorola Mobility will help to establish Intel processors in smartphones and provide a solid foundation from which to build in 2012 and into the future, added the CEO, as per the report.
If it were 1992, IBM might well have been one of the biggest exhibitors at the International Consumer Electronics Show in Las Vegas. There would have been a huge display of IBM PCs, software and printers, even though the printer unit had been sold the year before.
If the first week in January 2012 tells us anything about the investment year ahead, it's to be skeptical about black and white thinking.
The Doomsday Clock, a clock face used as a symbol of imminent apocalypse, has been moved one minute closer to midnight because of inadequate progress on stopping the spread of nuclear weapons and continuing inaction on climate change.
Last week U.S. lawmakers had asked the State Department to investigate whether Huawei Technologies Co. has violated U.S. sanctions on Iran. In an exclusive interview with IB Times, Behnam Dayanim, partner and co-chair of the Litigation and Regulatory Group at Axinn Veltrop and Harkrider LLP, has talked about the broader implications of this probe.
China has detained four people and punished eight for a series of data breaches last month that severely undermined trust in the country's internet security, the official People's Daily reported on Wednesday.
Thousands gathered outside the Dolce & Gabbana flagship store in Hong Kong after the company's security guards reportedly banned a photographer from taking pictures of the store from the sidewalk earlier this week.
Intel Corp and Motorola Mobility Inc have agreed to enter into a partnership in which the mobile phone maker would use Intel's Atom processors in its products.
Intel, the No. 1 chip maker, will make a major push into the smartphone sector, even as it continues its headway in the laptop and tablet market with its second-generation Ultrabook chip, CEO Paul Otellini said.
Mitt Romney takes New Hampshire Republican U.S. presidential primary by comfortable margin to lead the pack against Barack Obama on Nov. 6.
The Renault-Nissan alliance's global vehicle sales rose 10 percent last year as Nissan benefited from a U.S. auto market rebound and buoyant Chinese demand.
United States offshore petroleum regulators ruled this week that a Spanish rig headed to Cuban waters meets international safety standards.
Lenovo Group Ltd, which is making a concerted global push into tablets and ultrabooks, now expects to launch a smartphone in a lucrative U.S. market dominated by Apple Inc and Google Inc gadgets.
Stocks climbed to a five-month high on Tuesday, led by materials stocks after an upbeat forecast by aluminum company Alcoa and strong gains in bank shares.
The hands of a symbolic doomsday clock fell back one minute Tuesday to five minutes to midnight, according to the Bulletin of the Atomic Scientists, a group that monitors global threats such as climate change, nuclear proliferation and human-caused disasters.
