More From Roland Li
Royal Dutch Shell Declares 'Force Majeure' As South African Strikes Intensify
Royal Dutch Shell, the world's fourth-largest energy company, says South African strikes are making it impossible to deliver fuel.
Oct 05, 2012
Turkish Lira Softens In Aftermath Of Syrian Attack
The Turkish lira fell after an attack from Syria that killed five people.
Oct 04, 2012
South African Strikes Spread To Truckers, Factory Workers
South Africa's wildcat strikes have shut mines and halted truck shipments and now idled a car factory.
Oct 04, 2012
Record Oktoberfest Attendance, Revenue Expected
More than 6 million visitors are expected to attend Germany's 16-day festival in Munich.
Oct 03, 2012
Carlsberg Follows Heineken Into Thailand
Denmark's Carlsberg A/S beer company is partnering with Singha Corp. in Thailand as it follows Heineken NV by expanding in South Asia to counter flat sales in Europe.
Oct 02, 2012
Home Prices Jump 4.6% In August, But Could Fall In Sept.
Home prices in the United States gained 4.6 percent in August compared to the prior year, CoreLogic says.
Oct 02, 2012
Xstrata, Glencore, 3M, Honeywell Open October With Merger Surge
Xstrata's board supports a merger with Glencore; 3M to buy Ceradyne, Honeywell to buy stake in Thomas Russell.
Oct 01, 2012
Construction Spending Falls In August, But Don't Blame Homebuilders
Weaker commercial and government construction spending offset gains in residential construction spending in August.
Oct 01, 2012
Heineken Toasts Asia With Deal To Acquire APB
The world's third-largest brewery won a bid to acquire Asia Pacific Breweries Ltd.
Sep 28, 2012
Fresh Economic Reports Raise Concerns That Europe's No. 1 Economy May Be Faltering
The euro zone's largest and strongest economy, Germany, is showing signs of weakness as exports fall.
Sep 28, 2012
California Wives Marry Pop and Angst
The Chicago-based band California Wives has released its first album, "Art History."
Sep 27, 2012
One World Trade Center Observatory, Tallest In US, Rejects Empire State Building Owners
The Empire State Building's owners won't run the 1 World Trade Center observatory, officials said.
Sep 27, 2012
Millions In US Face Medicare Premium Hikes In 2013: Avalere Health Study
Seven of the top 10 Medicare plans are planning double-digit premium increases next year.
Sep 26, 2012
Philip Morris Expands In China To Develop Flu Vaccines
The world's second-largest tobacco company is partnering with Medicago for flu vaccines.
Sep 25, 2012
Consumer Confidence, Case-Shiller Gains Propel Stocks
The Dow, S&P 500 and Nasdaq all posted gains after positive consumer confidence and housing reports.
Sep 25, 2012
Atlantic Media Bets On Business With Quartz Launch
The 155-year-old media company launched on Monday its newest online title.
Sep 24, 2012
'Wall Of Debt' Threatens California: Independent Study
An independent study found California's debt is likely billions of dollars more than previously reported.
Sep 21, 2012
South African Strikes Spread To AngloGold's Gold Mine
Labor unrest spreads in South Africa as miners began striking at AngloGold's Kopanang gold mine.
Sep 21, 2012
New York Times Bans Quote Approval
The New York Times has banned the submission of quotations for sources to review.
Sep 20, 2012
Wal-Mart Dumps Rival Amazon's Kindle From Stores
The world's largest retailer said it would stop selling Amazon's Kindle tablets.
Sep 20, 2012
Eminent Domain Proposal For Mortgages Provokes Government Showdown
Federal and local authorities are clashing over a proposal to use eminent domain to fix mortgages.
Sep 20, 2012
BP In Talks To Sell Texas Refinery
BP Plc is in talks with Marathon Petroleum Corp. to sell its Texas City refinery to pay for Deepwater Horizon spill costs.
Sep 19, 2012
US Existing Home Sales Smash Forecast In August, Hit 2-Year High
Sales of previously owned homes rose 7.8 percent in August to the highest level since May 2010, and construction starts also increased.
Sep 19, 2012
Four Signs The Global Economy Is Slowing
FedEx's forecast cut, signs of stagnation in Germany, drops in oil price and looming political tensions spell trouble for the global economy.
Sep 18, 2012
Weakness In Germany Drags Down Europe's August Car Sales
Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.
Sep 18, 2012
Is US Housing Sector Recovering? A Preview Of Wednesday's 3 Big Reports
Three key U.S. housing reports Wednesday are expected to show small improvements in the market.
Sep 18, 2012
GE And ING Seek To Flee A Recovering Thailand
General Electric Co. (NYSE: GE) and ING Groep NV (NYSE: ING) may sell their stakes in two Thailand banks, but their message to Asia's 11th largest economy could very well be, "It's not you, it's us."
Sep 17, 2012
Four Things That Could Lift The Dow Jones Industrial Average Even Higher
The Dow Jones Industrial Average (DJI: DJI) gained another 53.51 points, or 0.40 percent, on Friday to close at 13,593.37, the highest level in nearly five years. However, many uncertainties remain. Here are four factors that could make -- or break -- the Dow's continued ascent.
Sep 14, 2012
India Opens Gates To Foreign Retailers, Broadcasters, Airlines Amid Slowing Economy
The government of India, the world's 10th largest economy by gross domestic product, passed wide-ranging laws on Friday expanding foreign investment in the retail, broadcasting and airline sectors, opening its doors to companies like Wal-Mart Stores Inc. (NYSE: WMT) amid slowing growth.
Sep 14, 2012
Silver's Summer Rally To Gain 'Legs' From Fed's QE3 Initiative
The Federal Reserve's third round of quantitative easing, or QE3, will benefit silver and gold prices by weakening the dollar and increasing risk appetite among investors, according to a report by UBS. But silver will gain the most.
Sep 13, 2012
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