Dubai's Al Nassma, the world's first brand of chocolate made with camels' milk, plans to expand into new Arab markets, Europe, Japan and the United States, its general manager said on Tuesday.
Bank of America's (BAC.N) Merrill Lynch is in talks with several firms including Blackstone (BX.N) and Apollo Investment Management to sell management rights of its $2.65 billion Asian Real Estate Opportunity Fund, a source with knowledge of the deal said.
Japanese Prime Minister Taro Aso dissolved parliament's lower house on Tuesday for an August 30 election that polls show could see his conservative party ousted for only the second time in its more than half-century reign.
Asian stocks edged up to another 10-month peak on Tuesday after strong company earnings reassured investors that a U.S. economic recovery is taking root, prompting a further shift into riskier assets from the safe-haven dollar.
Asian stocks scaled a 10-month peak on Tuesday after upbeat company earnings reassured investors that a U.S. economic recovery is taking root, prompting a further shift into riskier assets and away from the safe-haven dollar.
The Pacific island state of Tuvalu set a goal Sunday of a 100 percent shift to renewable energy by 2020, hoping to set an example to industrialized nations to cut greenhouse gases it blames for rising sea levels.
Asian stocks outside Japan rose on Monday to their highest level since the dark days following Lehman Brothers' collapse in September while the U.S. dollar fell, as strong company earnings encouraged investors to move into riskier, higher-yielding assets and commodities.
Asian stocks rose on Monday to their highest level since the dark days following Lehman Brothers' collapse last September while the U.S. dollar fell, as a solid outlook for corporate earnings lured investors to riskier, higher-yielding assets and commodities.
Nomura Holdings Inc's U.S. brokerage unit said it has hired Ciaran O'Kelly from Bank of America Corp as a managing director and head of equities in the Americas.
Henry Allingham, the world's oldest man and one of the last survivors of World War One, has died at the age of 113, his care home said on Saturday.
The United States is ready to hold talks with North Korea if the conditions are right but will also press U.N. sanctions to punish Pyongyang for its nuclear and missile tests, a senior envoy for Asia said on Saturday.
U.S. administration officials Commerce Secretary Gary Locke and Energy Secretary Steven Chu concluded a four-day trip to China.
The Obama administration's $787 billion stimulus package is working despite rising U.S. unemployment and stabilizing the economy must take precedence over tackling the bloated deficit, a top White House economic adviser said on Friday.
Nissan Motor Co (7201.T) aims to develop its own hybrid technology for small and midsize cars and end its procurement of hybrid components from Toyota Motor Corp (7203.T), the Nikkei business daily reported on Friday.
Rechargeable batteries could become the core technology for the auto industry if pure electric cars enter the mainstream -- a prospect that has carmakers racing to team up with battery makers.
Bombs ripped through two luxury hotels in the heart of Indonesia's capital on Friday, killing eight people and wounding dozens in an attack the president said would damage confidence in Southeast Asia's biggest economy.
Nissan Motor Co., the third largest automaker in Japan, seeks to develop its own hybrid technolgy for small and midsize cars. New solar electricity generation may double in 2010, according to a specialist.
Nissan Motor Co aims to develop its own hybrid technology for small and midsize cars and end its procurement of hybrid components from Toyota Motor Corp, the Nikkei business daily reported on Friday.
Honda Motor Co Ltd, Japan's No.2 automaker, said on Friday it will start partial weekend shifts at two factories in Japan as the government's tax incentives for low-emission cars help sales.
U.S. banks, at the center of the world's financial crisis, will command investor focus on Friday with Bank of America and Citigroup results following strong showings from their peers.
U.S. banks, at the center of the world's financial crisis, will command investor focus on Friday with Bank of America and Citigroup results following strong showings from their peers.
World stocks hit a one-month high on Friday on growing optimism that the earnings season may turn out to be better than expected, while investors set their eyes on giants such as Citigroup for clearer market trend.
