Intel, the world’s biggest chipmaker, plans to scale up production of its new Ultrabook chips, with as many as 75 consumer products available by the second quarter and more to come, said Mooly Eden, VP and general manager for the consumer client group.
BMW posted record car sales for 2011 and forecast that a boom in luxury cars would keep it ahead of rivals this year as the world's biggest maker of premium cars enjoys strong demand from China and the United States.
Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.
Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.
China is due to overtake the United States to become the world's biggest oil importer within a year and a half, Goldman Sachs said on Monday.
Gold recovered from lows on Monday, lifted by gains in the euro versus the dollar after French and German leaders said there had been progress on the region's fiscal integration, but its rise was capped by caution after the metal's hefty losses last month.
One of the most exciting technological innovations at Consumer Electronics Show (CES) 2012 is by Lenovo - the Chinese PC maker surprised everyone at CES Unveiled on Jan. 8, by taking the wraps off of its 55-inch Smart HDTV K91, which runs on Ice Cream Sandwich OS, as well as the S2 10-inch tablet and the S2 smartphone.
Stocks were set to tick up at the open on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.
Audi, the premium car brand of Volkswagen , posted record sales in 2011 as demand for luxury cars in China and Russia helped it gain ground on bigger rivals like BMW and Daimler's Mercedes-Benz.
Stock index futures edged higher on Monday as investors focused on a European meeting intended to find ways to boost the region's economies and tackle a debt crisis and prepared for the start of U.S. corporate earnings.
German exports bounced back in November boosting the country's trade surplus, a sign that Europe's largest economy may avoid a sharp slowdown in contrast to France which is expected to have run up a record trade deficit in 2011.
A weakening dollar combined with bargain hunting, short covering and Chinese physical demand to lift gold prices Monday for the fifth time in the last six trading sessions.
Here are the some of the key trends to watch as the electronics industry moves into 2012: morphing, personalization and interfaces, said Sean Dubravac, chief economist for the Consumer Electronics Association.
American automotive manufacturer General Motors (GM) has thrown down the gauntlet to reigning luxury brands in the market like German companies BMW and Mercedes Benz, by unveiling its compact Cadillac ATS sports sedan.
Lenovo has announced plans to release an Android 4-powered smart TV, called the K91, which will come out first in China and then around the world.
The global electronics market will exceed $1 trillion for the first time, with continued gains for smartphones, tablets and Internet and LED TVs, the Consumer Electronics Association said in its 2012 forecast.
Counting container ships plying the high seas and air cargo takeoffs is one way to track the outlook for the global economy. Both measures point to weak growth in the months ahead but no severe storms.
Canada's famously conservative banks, hit last week by a high profile downgrade, may still be the least bad option for Canadian investors in what could be another ugly year for stock markets.
China's banks ratcheted up lending in the last month of 2011 on the back of stronger money supply, reinforcing perceptions that the central bank is gently easing policy to cushion the impact of the global economic slowdown.
Republican presidential candidates stepped up their attacks on rival Mitt Romney in a televised debate on Sunday morning -- a mere two days before primary-election voters in New Hampshire head to the polls -- and the front-runner mostly weathered the attacks.
The head of Europe's bailout fund was reported on Sunday as saying he wants to boost state guarantees on the fund's bonds, although a fund official said no changes had been made to an original plan.
Chinese banks ratcheted up the pace of lending in the last month of 2011 to 640.5 billion yuan ($101.51 billion) from 562.2 billion yuan in November as the central bank eases policy to cushion the domestic impact of the global economic slowdown.
