Air New Zealand increases flights to China

2011-05-23 13:14:49

New Zealand's national carrier Air New Zealand will increase passenger capacity on routes to China by more than a fifth.

Royal Wedding hat sells for over $130,000

2011-05-23 08:45:16

Auction site eBay says a bidder has paid 81,100 pounds ($131,648) for the silk bow hat worn by Princess Beatrice to last month's royal wedding.

Greece discusses fiscal plan

2011-05-23 08:56:41

Greek Prime Minister will discuss new measures with his cabinet to cut the budget deficit.

APEC ministers promote multilateral trade talks

2011-05-20 13:57:23

Asia Pacific trade ministers discussed ways on Thursday to maintain the momentum for pushing forward the current deadlocked multilateral trade talks

There is no eurozone debt crisis: OECD chief

2011-05-20 22:31:20

The secretary-general of the Orgnization for Economic Cooperation and Development on Friday voiced confidence in the euro's bright future, saying the current debt problem should not be called a "eurozone debt crisis."

Gold outlook positive for 2011

2011-05-19 22:56:34

The global outlook for gold demand remains robust throughout 2011 against the background of another strong quarter.

Royal wedding boosts UK retail sales

2011-05-19 16:57:30

British retail sales climbed more than expected in April, boosted by the extra holiday for the Royal Wedding and record temperatures.

Glencore lays ground for solid debut

2011-05-19 16:10:53

Commodity trader Glencore prepared the ground for a solid performance in its market debut.

Japan produces autos over weekend in power crunch

2011-05-19 15:47:03

Japanese automakers are going to be producing cars over the weekend and taking Thursday and Friday off to avoid blackouts from a power crunch caused by problem nuclear reactors.

Yahoo pays $28m for unprofitable online ad service

2011-05-19 10:04:52

Yahoo Inc. has bought an unprofitable online advertising service called 5to1 Holding Corp. for $28 million as part of an effort to revive its revenue growth.

Japan's economy shrinks for 2nd straight quarter

2011-05-19 09:37:29

Japan's economy contracted sharply in the first quarter, taking a big blow from the massive earthquake and tsunami that devastated the northeast coast in March, the government said Thursday.

US tops competitiveness list

2011-05-19 13:09:21

US regained top spot in the ranking by Swiss business school IMD thanks to an economic recovery.