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  • HTC to release 4G smartphone, tablet in July

    2011-06-23 17:47

    High Tech Computer (HTC), the world' s fifth-largest smartphone maker, said Thursday it will release its fourth-generation (4G) smartphone and tablet computer in South Korea in July.

  • Owner of Sweden's Saab can't pay wages

    2011-06-23 16:23

    Swedish Automobile said Thursday it cannot pay the wages of staff at wholly owned subsidiary Saab, as it struggles to find funding from investors.

  • Apple to unveil faster iPhone in Sept.

    2011-06-23 11:08

    Apple Inc. plans to introduce a new iPhone in September featuring faster chip and more advanced camera, U.S. media reported on Wednesday.

  • Yahoo, Alibaba remain in 'constructive' talks

    2011-06-23 10:28

    Yahoo Inc., Japan's Softbank Corp. and Chinese Internet company Alibaba Group say they remain in "constructive" talks and have made "encouraging progress" toward compensating the two Alibaba shareholders for the loss of Web payment service Alipay.

  • Nokia to transfer 2,800 staff to Accenture

    2011-06-23 08:06

    Nokia Corp. said Wednesday it has completed a deal to outsource Symbian software development to Accenture, including the transfer of 2,800 workers to the global management-consulting firm.

  • US Fed to end bond-buying program on schedule

    2011-06-23 06:56

    The US economic recovery is going more slowly than expected, but the Federal Reserve will end its 600-billion-dollar Treasury bond purchase program by the end of June as scheduled, said the Fed in a statement released on Wednesday.

  • Foster's rejects $10b takeover bid

    2011-06-21 15:51

    Australian brewer Foster's Group Ltd. said Tuesday it has rejected a 9.5 billion Australian dollar ($10 billion) cash takeover offer from beer-maker SABMiller PLC, saying the bid undervalues the Australian company.

  • Nokia to launch Windows phone late 2011

    2011-06-21 15:10

    Ailing Finnish cellphone maker Nokia will launch its first smartphone using the Microsoft Windows platform later this year, and will begin to ship the models in volume in 2012, Chief Executive Stephen Elop said on Tuesday.

  • IMF warns spillovers of EU debt crisis

    2011-06-20 22:39

    The International Monetary Fund (IMF) on Monday warned Europe that there could be "large global spillovers" if euro area stakeholders fail to undertake decisive action to tackle the eurozone sovereign debt crisis.

  • China loosens ban on Japanese prodcuts

    2011-06-20 21:26

    China's quality watchdog said Monday that it has decided to adjust import restrictions on foodstuffs and farm produce imported from Japan imposed after the nuclear crisis stemming from the March 11 earthquake and tsunami.

  • Fonterra closes RMB bond offer after oversubscription

    2011-06-20 17:35

    New Zealand's Fonterra, the world's biggest dairy company, has raised 300 million yuan (42 million, 56 million NZ dollars) through an issue of renminbi (RMB) bonds in Hong Kong that was almost six times oversubscribed, the company announced Monday.

  • EU put next tranche of loans for Greece on hold

    2011-06-20 10:35

    Eurozone finance ministers put the next tranche of loans for Greece on hold after talks dragged into the early hours of Monday, asking Athens to approve new austerity measures first.

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