David Cameron goes to China with eye on mutual benefits
Beijing sees trip as chance to woo European leader while prime minister hopes to boost trade balanceDespite Britain’s less than glorious historical relations with China (remember the Opium wars? They certainly do) ties have been relatively stable in recent years.The US midterms showed that China-bashing remains a potent weapon in American campaigning, but it does [...]
Hurd accuser claimed inside info: AP source
(ChinaPost.com.tw) – A person familiar with the ouster of Hewlett-Packard Co.’s former CEO Mark Hurd tells The Associated Press that the woman who accused Hurd of sexual harassment also claimed that he told her about a major acquisition HP was about to…
Dell has not ruled out going private: CFO
(ChinaPost.com.tw) – U.S. computer giant Dell has not ruled out going private as it weighs its options for the future, Chief Financial Officer Brian Gladden said in an interview published Friday
Sprint axes Huawei, ZTE over security
(ChinaPost.com.tw) – Sprint Nextel is excluding China’s Huawei Technologies and ZTE Corp. from a multi-billion dollar contract to upgrade its cellular network largely because of national security concerns in Washington, The Wall Street Journal reported…
Scientists meet to ensure supply of rice
(ChinaPost.com.tw) – Scientists from around the world meet in Vietnam on Tuesday aiming to ensure a steady supply of rice — the staple food for Asia’s poor — against threats that include climate change and urbanization.
HTC to sell two new smartphones with Windows 7 operating system
(ChinaPost.com.tw) – Smartphone maker HTC Corp. plans to start selling two of its five new smartphones that run the Microsoft Windows 7 operating system in Taiwan next week through two local telecom carriers, in a move to heat up the local mobile hands…
APEC meetings open with talk of Pacific Rim FTA
(ChinaPost.com.tw) – Officials from 21 Pacific Rim economies, including the US, China and Japan, began meetings Sunday that could move toward a bold goal — creating a Pacific-wide free trade zone.
Cyprus to liquidate state-owned airline after EU rejection of merger with Cyprus Airways
(ChinaPost.com.tw) – Cyprus’ state-owned Eurocypria airline will be liquidated and its employees compensated after the European Union ruled out any merger with the island’s larger national carrier Cyprus Airways, government officials said Friday. Compe…
Fitch Ratings confirms Italy long-, short-term sovereign credit ratings to hold on stability
(ChinaPost.com.tw) – Fitch Ratings on Friday affirmed its sovereign credit rating for Italy, saying that Italy’s budgetary situation was less tense than in other European countries despite its high level of public debt. The long-term rating was held at…
Colombian president approves stock market merger with neighboring Peru and Chile
(ChinaPost.com.tw) – Colombia Friday approved merging its stock market with those of neighboring Peru and Chile, which experts said will become the second-biggest stock market in Latin America after Brazil’s. Colombian President Juan Manuel Santos and …
Pratt and Whitney expands legal dispute with Rolls-Royce with filing of patent complaints
(ChinaPost.com.tw) – Jet engine maker Pratt and Whitney is raising the stakes in a dispute with Rolls-Royce and seeks to stop shipments of engines for Boeing’s next passenger jetliner. Pratt and Whitney said Friday it filed patent-infringement complain…
Brazil to take ‘illegal’ EU poultry regulations to WTO for resolution of dispute: official
(ChinaPost.com.tw) – Brazil will ask the World Trade Organization to open a dispute panel over European Union poultry regulations it considers illegal, a senior government official told Reuters on Friday. “We’ve concluded that we have a strong case a…
Microsoft CEO Ballmer sells US$1.3 billion in company shares to diversify investments
(ChinaPost.com.tw) – Microsoft Corp. CEO Steve Ballmer has recently sold about US$1.3-billion-worth of his company shares, the first time he’s done so in seven years. Ballmer confirmed the stock sales Friday and said they were made to diversify his inv…
Fannie Mae asks for additional US$2.5 billion in new gov’t aid
(ChinaPost.com.tw) – Government-controlled mortgage buyer Fannie Mae is asking for US$2.5 billion in additional federal aid after posting a narrower loss in the third quarter.