JAPAN

IBTimes Logo

Japan's Edano: No limit on Tepco nuclear compensation

Japan's government will not put a cap on the liabilities faced by Tokyo Electric Power Co <9501.T> for damages stemming from its crippled Fukushima Daiichi nuclear power plant, Chief Cabinet Secretary Yukio Edano said Monday.
More news
IBTimes Logo

Renault seeks to move on from spy scandal

Renault sought to move on from an embarrassing botched spy probe, pledging on Friday to quickly find a new chief operating officer as it took a step toward firing a security executive at the heart of the investigation.
IBTimes Logo

Caterpillar profit surges as demand recovers

Caterpillar Inc recorded a fivefold profit surge and raised its 2011 profit forecast as customers bought new heavy equipment to replace old machines that aged during the economic downturn.
IBTimes Logo

Good times roll for auto suppliers

Major auto suppliers blew past profit expectations on Friday, suggesting the recovery in the global auto market remains strong despite rising oil prices and the disaster in Japan.
IBTimes Logo

Bright Asian future not pre-ordained, must be earned: ADB

Asia needs to work to ensure the potential of its economic and political rise is realized, including fulfilling its responsibilities as a global player, the Asian Development Bank said ahead of its annual meeting next week in Vietnam.
IBTimes Logo

Caterpillar profit surges, raises full-year view

Caterpillar Inc recorded a fivefold surge in quarterly profit and raised its forecast for the rest of the year, citing rising demand for its bulldozers, excavators and other heavy equipment.
IBTimes Logo

Daimler's robust Q1 underwhelms hopeful market

Daimler posted robust quarterly results that underwhelmed investors whose expectations had been inflated by recent stellar reports by peers such as Volkswagen and truck maker Volvo .
IBTimes Logo

Ailing dollar boosts demand for commodities, credit

The dollar floundered at three-year lows against a basket of currencies on Friday, keeping precious metals near record highs, although the risk of dealers covering bets against the beleaguered U.S. currency in thin trading looms, especially given holidays in some centers including Japan.
IBTimes Logo

GM CEO says no production disruptions due to Japan

General Motors Co Chief Executive Dan Akerson said the company has not been greatly affected by supply disruptions due to the March earthquake in Japan, and the company wants to repay U.S. taxpayers before making acquisitions or declaring a dividend.
IBTimes Logo

RIM cuts Q1 forecasts

Research In Motion slashed its earnings outlook for the current quarter by 11 percent on Thursday, saying it expects to ship fewer and cheaper BlackBerry smartphones.
White iPhone

White Apple iPhone sells out in Asia

The wait for the white-colored iPhone 4 has officially ended as Apple's anticipated smartphone hit shelves today, but those hoping to snag one later may be out of luck.

Alabama Nuclear Plant Shut Down, Reactors 'Cooled'

The Tennessee Valley Authority has shut down its undamaged Browns Ferry nuclear power plant in northern Alabama, cooling its reactors after power transmission lines into the plant were knocked out by severe storms in the state.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.