Dongfeng Motor Group (0489.HK), China's No.3 carmaker, said it expects the domestic market to grow an average 15 percent over each of the next three years, fueled by strong appetites among an emerging middle class.
Hurricane Bill headed west-northwest over the open Atlantic Tuesday on a path toward Bermuda that would likely keep it clear of the U.S. East Coast but could spell trouble for Canada's Maritime Provinces.
Retailers Target Corp and Saks Inc posted better-than-expected quarterly results on Tuesday as they clamped down on expenses and inventory to offset falling sales, sending shares higher.
Target Corp reported its eighth consecutive drop in quarterly profit, but the results were better than Wall Street had expected as the No 2 U.S. discount retailer cut costs and stocked less merchandise.
New Zealand set itself a goal on Monday to cut carbon emissions by between 10 and 20 percent by 2020, holding off setting a hard target until a broader global climate pact now under negotiation takes shape.
Japan's Toyota Motor Corp (7203.T) plans to raise its global output target for the year to March 2010 by three percent to 6.5 million units, the Yomiuri newspaper said, in the latest sign of a nascent recovery in auto demand.
India will unveil its first solar power target as soon as September, pledging to boost output from near zero to 20 gigawatts (GW) by 2020 as it firms up its national plan to fight global warming, draft documents show.
Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to $3 billion, as it reported a halving in second quarter profits due to lower oil prices and weaker refining margins.
Arch Coal Inc posted a second-quarter loss on Friday and cut its production target for a third time this year as weak demand and coal prices hurt sales volumes and forced production curtailments.
Al-Qaeda's Algerian-based offshoot issued a threat Tuesday to target overseas Chinese in North Africa in retaliation for the deaths of Uygurs in Urumqi.
Hyundai Motor Co (005380.KS), South Korea's top carmaker, on Tuesday said it has raised its 2009 target for sales in China for a second time because of stimulus measures by the Chinese government to boost demand and as the company plans to launch new models.
England is set to miss its target to generate 10 percent of its power from renewable sources, such as wind, the British Wind Energy Association (BWEA) said on Monday.
NetApp Inc may itself become an acquisition target after rival EMC Corp foiled its effort to buy Data Domain Inc, a niche player in the $20 billion-a-year data storage equipment market.
Four student unions said Tuesday they were planning to stage protests outside the British embassy in protest at London's alleged interference in Iranian affairs.
First Republic Bank - in the news this week after several private equity groups, including Blackstone and the Carlyle Group reportedly expressed interest in buying it from Bank of America Corp. - is a private banking and wealth management firm focused on high net worth individuals and their businesses.
Jefferies & Co raised its price target on Microsoft Corp's stock to $26 from $22 and recommended buying shares of the world's largest software company ahead of a possibly large, rapid corporate PC upgrade cycle starting in late 2010.
Japan unveiled plans on Wednesday for greenhouse gas cuts over the coming decade only marginally deeper than its current U.N. commitments, a step green groups say threatens to deal a blow to global climate talks.
AT&T Inc said it will halve the price of the existing iPhone from Apple Inc starting on Monday evening and start selling a new version of the phone on June 19 without impacting its profit targets.
A much-anticipated package of financial regulations from the Obama administration will call for a financial products safety commission and new rules on executive pay, hedge funds and derivatives, the chairman of the U.S. House of Representatives Financial Services Committee told Reuters on Wednesday.
Target Corp, the No. 2 U.S. discount retailer, plans to announce a partnership with Comcast Corp's free daily e-mail newsletter and website DailyCandy.com on Tuesday, the Wall Street Journal reported.
All the TV ads that came out in support of Green Day's new album, 21st Century Breakdown, featured the lead single Know Your Enemy. But only one advertiser got exclusive footage of the band -- online music service Rhapsody.
Target Corp shareholders dealt a blow to activist investor William Ackman on Thursday, rejecting his slate of proposed directors and voting instead to keep four incumbents on the retailer's board.
