CHINA

PE firm Eyes Buyout for Yahoo's U.S. Business

The Yahoo! offices are pictured in Santa Monica
Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
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China to Close Small Gold Mines - Report

China's Ministry of Industry and Information Technology has ordered local governments to shut small gold mines with a daily ore processing capacity of less than 50 tonnes and is working on a plan to consolidate the sector, the Shanghai Securities News said on Tuesday.
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International air freight traffic slows: IATA

International air freight traffic was 4.8 percent lower in October than a year previously, while international passenger traffic grew 4.6 percent but at a slowing pace, the International Air Transport Association said on Monday.
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Microsoft, AgreeYa to Provide Access to Apps Across Platforms

Microsoft Corp and U.S. mobile engineering firm AgreeYa Mobility on Tuesday signed an agreement to allow corporations and other users to connect to Microsoft services from a variety of computing platforms, including phones and tablets running Apple Inc's iOS and Google Inc's Android.
The Yahoo! offices are pictured in Santa Monica

THL Eyes Buyout of Yahoo's U.S. Business

Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
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Exclusive: THL eyes buyout of Yahoo's U.S. business

Thomas H. Lee Partners is interested in buying the U.S. operations of Yahoo Inc, breaking away from other bidders that are for now eyeing either a minority stake or teaming up with the Internet giant's partners in Asia, sources familiar with the matter said.
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U.S. Firms Added Jobs Offshore, Cut Jobs At Home

U.S-based multinational corporations added almost 3 million jobs to their payrolls in foreign countries between 1999 and 2009, while slashing 864,600 jobs at home, as they become increasingly dependent on foreign sales. Is tax holiday a viable solution?
Climate Change Conference in Durban

U.N. Climate Talks Unlikely to See Renewal of Koyto Protocol

At stake is the possible dissolution of the Kyoto Accord, whose commitment period expires in 2012. Japan and Russia announced last year in Cancun they are against any extension or renewal of the accord if big green house gas emitters like the United States and China are excluded.
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Canada won't confirm it's withdrawing from Kyoto

Canada dismissed the Kyoto Protocol on climate change on Monday as a thing of the past, but declined to confirm a media report it will formally pull out of the international treaty before the end of this year.
U.S. Job Market

Five Ideas to Create U.S. Jobs

The stark truth of the matter is that unless the private sector starts hiring en masse (including non-profit organizations), absent a surge in exports, it will be up to the public sector to provide stimulus to create jobs.
Climate Change Conference in Durban

EU says climate pact not enough, wants deal by 2015

The world needs a far more ambitious plan to cut emissions of planet-warming greenhouse gases than the Kyoto Protocol, European Union climate negotiators said on Monday, calling for a global deal to be reached by 2015 and in place by 2020.
An oil processing facility

Sudan says halted South Sudan govt oil exports

Sudan said on Monday it had halted landlocked South Sudan's oil exports until the two agree on a transit fee, stepping up a row between the two old civil war foes over how to untangle their once-integrated oil industries.
HTC Rezound

HTC to tough out slowdown as strategy doubts grow

HTC's promise of competitive new models early next year may not be enough of a strategy shift to convince investors it can regain the innovative streak that catapulted it from an obscure contract maker to the world's No.4 smartphone brand.
China's Retail Market

Gap says to triple China network in 2012

Apparel brand Gap Inc said on Friday that it aims to triple its store network in China next year, one of the latest foreign brands to target the country's consumer spending growth.

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