Plane makers promote biofuels

2011-06-07 08:20:38

Airbus SAS and Boeing Co are talking to farmers and refiners of biofuels in the hopes that cleaner energy may eventually supply.

IATA says airline profits to plunge this year

2011-06-06 12:49:25

A global airline group says the industry's profits will likely plummet this year because of natural disasters, political violence and higher fuel prices.

US capital courts Chinese tourists

2011-06-06 09:15:38

The capital region of the United States may have not become the hottest destination for Chinese tourists, but a new Chinese-language website dedicated to the region may help.

China to expand trade in south Africa

2011-06-05 08:29:32

China is willing to expand imports from southern African nations and encourage Chinese companies to invest in the region, Vice-Premier Wang Qishan said on Saturday.

Sony restoring PlayStation Network  in US, Europe

2011-06-03 09:24:03

Sony Corp. is fully restoring its PlayStation Network in the US,Europe and parts of Asia on Thursday after hackers stole customer data and sent services offline in April.

Sony probing claim hackers stole user info

2011-06-03 09:14:29

Sony has been hit by a massive data breach, hackers claim, another potential embarrassment for a company to restore its image.

Hackers attack another Sony network, post data

2011-06-03 09:25:24

Hackers have again broken into Sony Corp's computer networks, this time claiming to have stolen customer data to show that the company's systems remain vulnerable to attack.

Rio Tinto to purchase $1b in China in 2011

2011-06-02 22:11:08

Anglo-Australian mining company Rio Tinto plans to purchase one billion US dollars of commodities in China in 2011.

Greece, EU/IMF agree 6.4b euro measures

2011-06-02 18:50:10

Greece and a team of EU/IMF/ECB inspectors aims to conclude talks on a medium-term fiscal plan by Friday.

China's Dagong lowers Japan credit rating

2011-06-02 17:33:41

Chinese ratings provider Dagong Global Credit Rating Co Ltd., on Thursday cut its rating for Japan's local and foreign currency sovereign credit by one level to A+ and AA- respectively.

Nikkei falls sharply on political turmoil in Japan

2011-06-02 14:15:36

Japanese share prices fell sharply on Thursday, dragged lower by disappointing US data and growing political uncertainty as Japanese Prime Minister Naoto Kan said he would quit after getting the country's nuclear crisis under control.

Brazil calls for IMF reform

2011-06-02 11:48:16

It is important to have someone from an emerging economy to head the International Monetary Fund (IMF), Brazilian Finance Minister Guido Mantega said on Wednesday.