US futures point to small rebound from Friday’s sell-off
Futures on major U.S. indices point to a small rebound on Monday ahead of key monthly retail sales data.
US heats up supercomputer battle with China; building two 20-petaflop systems
After being dethroned by China as the world's fastest supercomputer maker, US has upped the ante and is creating two 20-petaflop supercomputers to reclaim the top position for the most powerful supercomputer.
Consumer spending boosts Japan’s GDP growth in Q3, exports remain sluggish
Japan's economy grew stronger than expected in the third quarter, as a rise in consumer spending offset weakening exports and a strong yen.
Electric cars to drive Israel to energy independence
Israel is expected to provide favorable environment for the companies which are planning to roll out electric cars.
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Euro off day's lows, but heading for weekly losses versus majors as EU woes persist
Euro rose across the board and pulled off 1-1/2-month lows against the US dollar and British pound on Friday on news EU leaders reassured the holders of outstanding bonds that they would not be forced to take losses. The day's gains, however, did not prevent the single currency from heading for weekly losses versus the majors as investors are still worried that Ireland may default on its bonds.
Japan, EU agree to launch free trade talks
Japan will start free trade talks with the European Union next spring, alarmed by the head start made by its main manufacturing rival in Asia, South Korea, which signed a pact with the European bloc last month.
Toyota Motor to sell electric cars in Japan in 2012: report
Toyota Motor Corp plans to market a new electric vehicle based on its iQ ultra-compact car in 2012 in Japan, roughly coinciding with its release the United States, Kyodo news agency reported on Thursday.
India's Ranbaxy Q3 net profit jumps
Ranbaxy Laboratories Limited (RLL), India's largest pharmaceutical company, said on Thursday its consolidated net profit stood at 3.13 billion rupees ($67 million) for the third quarter ended September 30, 2010, as compared to 1.16 billion rupees ($24 million) in the same period a year earlier.
Resist protectionism, group says
Angel Gurria, Secretary- General of the Organization for Economic Cooperation and Development, an organization consulted by the nations of the world, including most of the nations of the G-20, put the very complex matter of what the G-20 is attempting to do at its summit in Seoul this week, in simple and precise terms.
Vestas CEO wants an hour with G20 leaders
The CEO of Vestas, a major supplier of wind turbines, is asking for heads of state to meet for an hour to help come up with methods of weaning the world from fossil fuels.
Tokyo to host Global Travel & Tourism Summit 2012
Tokyo will host the Global Travel & Tourism Summit 2012 under the aegis of the World Travel & Tourism Council (WTTC) even as Japan Tourism Board celebrates its centenary year in 2012.
China not too happy with Fed's QE2
China is not too pleased with America's plan to inject more capital into its economy in the form of a second round of quantitative easing.
Asian firms need to exploit social media more, says study
Less than half of the Asian companies listed on the Wall Street Journal’s Asia 200 Index have a corporate social media presence, said a new study by Burson-Marsteller, a public relations and communications firm.
Amidst high unemployment in U.S., guest worker programs under fire
In the current economic malaise of high pervasive unemployment and growing uneasiness over immigration, the H-1B visa program (among others) has come under tremendous criticism.
United, Continental Merger a Big Blow for American Airlines, US Airways
The $3.2 billion merger between United Airlines and Continental Airlines, which creates the world's biggest carrier, could deal a big blow to rival carriers like American Airlines and US Airways as they would find it difficult to match its scale of operation.
BOJ intervention: will it work?
Analysts generally think BOJ's intervention was well executed and will perhaps work in the short-run. The long-term effectiveness, however, is uncertain.
Why Japan 'allowed' deflation
To some degree, Japan allowed deflation, or at least they did not choose extremely aggressive policies to fight it. This is largely due to the influence of Japanese constituents who own fixed income, which would devalue in the face of inflation.
China's aging population and its implications
China will have an aging population problem comparable to that of Japan and Western Europe in 30 years or so with perhaps important implications for elderly care and manufacturing.
U.S. high-speed railway: a matter of cost and demand
The federal government has committed at least $8-billion (and counting) for the development of a nationwide high-speed intercity passenger railway system in almost three-dozen states. Rail advocates have long dreamed of an extensive railway grid that will provide clean, speedy, energy-efficient travel.
Interview: Jim Rogers on Chinese Economy, Yuan Policy, and GM
Jim Rogers speaks to IBTimes about the Chinese economy, the yuan policy, and the demise of General Motors.
Dell, HP, Fujitsu rally behind Microsoft's Azure cloud computing platform
Microsoft cloud computing platform Azure has found support among software giants like Dell, Fujitsu and Hewlett-Packard who are planning to embrace Azure for their data center products.
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Zcash Just Crossed $1,000 for the First Time in a Decade. One Short Seller Lost $18.5 Million.
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The Jobs Report Surprised To The Upside. Stocks Dropped.
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The U.S. Is Seeking To Cut Iran Off From The Global Financial System. It Is Targeting A Turkish Bank To Do So.
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Former Labor Secretary Misused Government Resources and Drank at Work. Employees Describe 'Toxic' Atmosphere In Report.
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Bitcoin Is Heading For Its Third Straight Winning Week. A Strong Jobs Report Complicated The Rally.
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OpenAI Puts $1 Billion Behind Cybersecurity Effort. Water, Power and Local Governments Are the First Line of Defense.
