More than 100 Chinese consumers have filed an official complaint against Hewlett-Packard Co over faulty laptop computers, leaving the door open for a lawsuit against the U.S. technology company, a lawyer for the group said on Wednesday.
Asian stocks hovered near six-week highs on Wednesday as Chinese data showed exports and imports in February were better than expected, while the euro and the pound suffered on renewed concerns about Europe's fiscal problems.
Britain risks decades of slow economic decline unless it invests heavily in research, which at the moment is one of the country's few genuine areas of economic competitive advantage, leading scientists said on Tuesday.
Experts maintained stable outlook for oil & gas and base metal industry. However, the long term outlook for thermal coal is positive, with 220 GW of coal-fired electricity generation capacity expected to come online over the next 5 years, requiring over 750 Mt of coal. The outlook for oil and gas prices remains broadly unchanged, with oil prices still expected to rise. Oil prices have hovered around USD 70 per barrel for the past three months. This relative stability at an economically viable le...
At a time when jewellery retailers and gold buyers are crying foul over the increase in import duty on gold and silver, there is a surprise element for jewellery makers which will make them happy. While presenting the Budget, India's finance minister Pranab Mukherjee said import duty on gold and platinum will go up from Rs 100 to Rs 300 per 10 gm.
Has the consumer behaviour towards spending money for buying gold and silver changed thanks to the surge in bullion prices in the last few months? Yes, consumer preferences for buying gold and jewellery items have drastifally changed thanks to the bullion price spike, says a study by Exim Bank, a government owned bank in India. According to the study by Exim Bank, increasing domestic demand, along with an anticipated pick-up in exports, is likely to drive growth of Indian jewellery market in the...
South East Asian (SEA) region comprising two of world's largest rice exporters, Thailand and Vietnam remained as world's top trade destination for the commodity. The food crisis of 2008 has inspired various countries in Asia to vie for status as the world's rice bowl and many hope to be able to dethrone Thailand.
A Web application that alerts wine grape farmers when their vines are thirsty has won first place in a competition to spur entrepreneurs in the investment-starved water sector, organizers said on Monday.
German carmaker Daimler was selling its entire stake in India's Tata Motors to raise up to $429 million worth of shares
(Reuters) - India will have to scale up prevention of HIV to avoid having to spend an increasing share of its health budget on treatment of AIDS patients, the World Bank and other agencies said Sunday.
International development banks must finance civilian nuclear projects to help emerging nations build energy plants, French President Nicolas Sarkozy said on Monday, laying out ambitious plans to develop the industry.
The United States and Britain are threatening to withhold support for a $3.75 billion World Bank loan for a coal-fired plant in South Africa, expanding the battleground in the global debate over who should pay for clean energy.
Pakistan said a senior Pakistani Taliban commander with al Qaeda links may have been killed when helicopter gunships attacked a building he was in, Interior Minister Rehman Malik said on Saturday.
Britain's Prudential Plc may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's AIA, sources directly involved with the deal said on Friday, allowing the bulked-up insurer to focus on key markets.
Britain's Prudential Plc may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's AIA.
Giant private equity fund Blackstone Group hopes to close its first Australian deal this year and is looking at a deal in Japan and South Korea.
The deadly El Nino weather anomaly should dissipate by early summer in the northern hemisphere, but there is a chance a weak version will linger for the rest of 2010, according to a U.S. government report issued Thursday.
The debate about fixing the financial crisis seems to be missing a key factor -- a broad ethical discussion of what is the right and wrong thing to do in a modern economy.
Google announced a new search application for its Android mobile operating system, designed to boost user productivity, but has Android users outside of the U.S. upset as it is only available in the U.S. market.
At least 63 people, more than half of them children, were killed in a stampede triggered by a massive rush for free food and clothes at a Hindu temple in northern India Thursday, police said.
Mukesh Ambani, India's richest man, is faced with a prospect he has only rarely encountered: not getting what he wants.
Japanese group Olympus Corp is aiming for its small, lightweight models to have 20 percent of the high-end digital camera market in three years, up from 5 percent now, its president said.