US auto sales lost momentum in the final weeks of January, auto executives and a leading analyst cautioned on Monday, setting the stage for a softer start to 2011 than the industry had expected.
A key global oil price contract topped $100 per barrel on Monday for the first time since 2008, as investors kept an anxious eye on Egypt and worried about unrest there disrupting the flow of oil from the Middle East.
China is winning more understanding and recognition in Africa, Chinese experts said after a key African economist said Chinese investment is "really largely positive" at the World Economic Forum (WEF) in Davos, Switzerland.
Japanese Prime Minister Naoto Kan's statement "welcoming" China overtaking his nation as the world's second-largest economy points to a positive and strong change in future China-Japan relations, according to analysts.
Britain's Prime Minister David Cameron will tell fellow leaders at this year's World Economic Forum that austerity measures imposed by his government are already bearing fruit.
The world's largest coffee chain, expects rising coffee prices to hit profits more than it previously thought.
World business leaders continue to see China as the engine of global economic growth despite the tremendous challenges it faces in shifting from an investment and export-led development pattern to a consumer-led one in the coming years.
Business leaders considered China as the most important country for future economic growth, a survey showed on Tuesday.
Beijing Axis (BA) group managing director Kobus van der Wath said a China-South Africa business forum is being prepared, which aimed at assisting South African and African business to expand trade relations with China.
McDonald's affordable food drew even more customers in its fourth quarter, but the burger chain said it may raise prices this year as its own food tab rises.
Spain said Monday its banks will need 20 billion euros ($27 billion) in new capital to meet new reserve requirements aimed at strengthening their finances.
Google Inc has awarded $100 million worth of equity to Eric Schmidt, who is stepping aside as CEO but will stay with the company as executive chairman.
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