• HP, Foxconn to set up laptop unit in Chongqing

    HP, Foxconn to set up laptop unit in Chongqing

    05/08/2009 05:00

    Global computer maker Hewlett Packard (HP) and contract manufacturer of electronic products, Foxconn International Holdings plan to jointly invest $3 billion to build a manufacturing plant for laptops in Chongqing, the fifth major investment of HP’s in this...

  • Ex-wife of China’s most-wanted fugitive returns

    Ex-wife of China’s most-wanted fugitive returns

    05/08/2009 05:00

    The ex-wife and daughter of China’s most-wanted fugitive have returned to the country on their own after spending a decade hiding abroad, a senior Canadian official confirmed on Wednesday. Lai Changxin (L) and Zeng Mingna [File photo: China News...

  • A third of Russia’s clothiers to close, exporters say

    04/08/2009 05:00

    A third of Russia’s 42,000 clothing retailers will close by the end of this year after the economic crisis hurt spending, according to the head of the European Fashion and Textile Export Council. Retail failures and order cutbacks in Russia...

  • Laid-off auto workers learn to install solar panels

    Laid-off auto workers learn to install solar panels

    04/08/2009 05:00

    In a crowded classroom at Henry Ford Community College, laid-off auto workers are learning how to install and manage solar panels. The class is part of a new alternative energy...

  • UBS chief says he expects further client withdrawals

    UBS chief says he expects further client withdrawals

    04/08/2009 05:00

    Pedestrians walk past the UBS AG bank headquarters in Zurich, Switzerland on July 12, 2009 UBS AG, Switzerland’s largest bank by assets, will see further withdrawals by wealthy clients after reporting a third...

  • News Analysis: U.S. homes sales up, but could slip again

    News Analysis: U.S. homes sales up, but could slip again

    04/08/2009 05:00

    A new home sits for sale in Lemont, Illinois, July 27, 2009. U.S. home prices made their first monthly climb in nearly three years, which may provide relief to the embattled housing sector after last year’s price plunge sent the economy reeling....

  • Facebook becomes world’s 4th largest website: report

    Facebook becomes world’s 4th largest website: report

    04/08/2009 05:00

    Social networking phenomenon Facebook continues its rapid rise and has already become the fourth largest website in the world, technology blog TechCrunch reported on Tuesday. John Schappert, Corporate Vice President of Interactive Entertainment...

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