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Japan plans new economic stimulus

Mon, 30 Aug 2010 19:41:27 GMT

Japan's government and the central bank threw the economy a double lifeline Monday, seeking to contain a strong yen and revive a faltering recovery.

Japan - Central bank - Fiscal policy - Asia - Bank of Japan

Dubai camel dairy to milk health-food market

Sun, 22 Aug 2010 01:17:23 GMT

The United Arab Emirates will become the first major exporter of camel milk products to the European Union, and at some point possibly to Asia and America.

United Arab Emirates - European Union - United States - Middle East - Milk

Risks rise for China's economic miracle

Tue, 31 Aug 2010 15:45:18 GMT

Three numbers should suffice to give Chinese economic policymakers a sleepless night: 65.4 million, $28.7 billion and $2.45 trillion.

China - Asia - Economic - Business and Economy - United States

Strapped corporations sell off art collections

Wed, 25 Aug 2010 23:32:21 GMT

Corporations worried about the bottom line are taking a look at their office walls.

Business - Arts and Entertainment - Museums - United States - Art Museums

UK economy shows signs of strength

Thu, 19 Aug 2010 12:45:45 GMT

Surprisingly strong British retail sales and a further reduction in Britain's big budget deficit last month are giving rise to hope that the country's sputtering economy can maintain growth into the second half of the year.

Deficit - Business - George Osborne - Britain - Government spending

Potash rejects BHP's $39B hostile bid

Mon, 23 Aug 2010 13:51:39 GMT

Potash Corp., the world's largest miner of a key ingredient in fertilizer, rejects BHP Billiton's hostile $39 billion takover bid and is pursuing a counter-bid from other companies.

BHP Billiton - Potash - Fertilizer - Business - Takeover

Chinese bestseller slams Goldman for crisis

Wed, 25 Aug 2010 12:10:01 GMT

Goldman Sachs & Co., reviled in the U.S. for its role in the financial crisis, is now getting hammered in the world's No. 2 economy with a sensationalist new book accusing the investment bank of trying to destroy China.

Goldman Sachs - China - Investment Banks - United States - Business

Dialing down debt has Greeks feeling pain

Fri, 20 Aug 2010 17:24:41 GMT

The plan to rescue Greece from bankruptcy has kicked in, and with a vengeance.

Bankruptcy - Greeks - Law - Services - Lawyers and Law Firms

Genzyme rejects Sanofi-Aventisâ?? $18.5B offer

Mon, 30 Aug 2010 15:22:25 GMT

Biotechnology company Genzyme rejects Sanofi-Aventis SA's $18.5 billion buyout offer, saying the bid undervalues the company.

Genzyme - Sanofi-Aventis - Business - United States - Biotechnology and Pharmaceuticals

Dollar slides to new 15-year low vs yen

Tue, 24 Aug 2010 09:23:39 GMT

The U.S. dollar dropped to a fresh 15-year low against the yen on Tuesday, adding further pain to Japan's export-oriented economy.

Japan - Japanese yen - United States dollar - Health - United States

Levi Strauss aims at China with cheaper jeans

Wed, 18 Aug 2010 14:18:08 GMT

Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, aiming at a broader segment of Chinese consumers than traditional Levis, which sell for over $100 in upscale malls.

Levi Strauss & Co - Jeans - Clothing - China - Business

UN calls meeting on rising food prices

Fri, 3 Sep 2010 20:16:12 GMT

A U.N. food agency has called a special meeting on the recent spike in food prices in response to concerns of a repeat of the shortages that led to riots in parts of the world two years ago.

United Nations - Food - Business - Wheat - Food and Related Products

Chinese brands import foreign celebrities

Thu, 26 Aug 2010 12:03:11 GMT

Kevin Garnett wore his affection for China's booming sportswear market on his back as the NBA star arrived in Beijing in August.

Beijing - China - Kevin Garnett - Asia - Business and Economy

Poop-coffee war pits purists vs. producers

Thu, 26 Aug 2010 15:27:23 GMT

Lovers of the world's most expensive coffee, found half-digested in the dung of the wild civet, fear that its unique taste may be spoiled by planned farming of the animals.

Coffee - Kopi Luwak - Civet - Agriculture - Beverages

Mexicana airlines ceases flights after bankruptcy

Sat, 28 Aug 2010 19:40:03 GMT

Mexicana airlines shut down all flights on Saturday, marking at least a temporary disappearance from the skies of one of the world's oldest air carriers.

Airline - Mexicana de AviaciÃ³n - Bankruptcy - United States - Mexico

China tells state companies to explore Potash bid

Fri, 3 Sep 2010 21:10:40 GMT

By Euan Rocha and Joseph Chaney

BHP Billiton - Canada - Business - Australia - Potash

BHP goes hostile in $39 billion Potash bid

Wed, 18 Aug 2010 14:39:50 GMT

BHP Billiton launched a hostile $39 billion bid for Potash Corp to become the world's top fertilizer maker after the Canadian group rejected this year's biggest takeover offer.

BHP Billiton - Fertilizer - Takeover - Potash - Canada

Mazda, Ford to invest $350 million in Thai plant

Thu, 26 Aug 2010 05:17:51 GMT

Ford Motor Co. and Mazda Motor Corp. are investing $350 million in their joint venture plant in Thailand to revamp production of pickup trucks, both sides said Thursday.

Mazda - Pickup truck - Ford Motor Company - Thailand - Automobile

BP's life on 'frontiers' of energy industry at risk

Sun, 29 Aug 2010 19:34:44 GMT

At a celebration of BP's centennial last October, CEO Tony Hayward boasted to guests that the oil company "lives on the frontiers of the energy industry."

Tony Hayward - Energy - BP - Petroleum industry - Business

U.S.: China unfairly helped aluminum industry

Tue, 31 Aug 2010 19:49:38 GMT

The Obama administration, under U.S congressional pressure to take a tough stance on Chinese trade policies, determined Tuesday that Beijing unfairly subsidized $514 million in aluminum products last year.

China - People's Republic of China - United States - Beijing - Presidency of Barack Obama