UN calls meeting on rising food prices
A U.N. food agency has called a special meeting on the recent spike in food prices in response to concerns of a repeat of the shortages that led to riots in parts of the world two years ago.


United Nations - Food - Business - Wheat - Food and Related Products
[Fri, 3 Sep 2010 20:16:12 GMT]
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Risks rise for China's economic miracle

A security guard adjusts his cap behind a Qilin sculpture, a mythical Chinese chimerical creature that resembles a unicorn, at Beijing's Financial Street. Experts point to changes China needs to make if it wants to sustain its tremendous economic growth. Three numbers should suffice to give Chinese economic policymakers a sleepless night: 65.4 million, $28.7 billion and $2.45 trillion.





China - Asia - Economic - Business and Economy - United States
[Tue, 31 Aug 2010 15:45:18 GMT]
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U.S.: China unfairly helped aluminum industry
The Obama administration, under U.S congressional pressure to take a tough stance on Chinese trade policies, determined Tuesday that Beijing unfairly subsidized $514 million in aluminum products last year.


China - People's Republic of China - United States - Beijing - Presidency of Barack Obama
[Tue, 31 Aug 2010 19:49:38 GMT]
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[Tue, 31 Aug 2010 19:49:38 GMT]
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Japan plans new economic stimulus
Japan's government and the central bank threw the economy a double lifeline Monday, seeking to contain a strong yen and revive a faltering recovery.


Japan - Central bank - Fiscal policy - Asia - Bank of Japan
[Mon, 30 Aug 2010 19:41:27 GMT]
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Genzyme rejects Sanofi-Aventis? $18.5B offer
Biotechnology company Genzyme rejects Sanofi-Aventis SA's $18.5 billion buyout offer, saying the bid undervalues the company.


Genzyme - Sanofi-Aventis - Business - United States - Biotechnology and Pharmaceuticals
[Mon, 30 Aug 2010 15:22:25 GMT]
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BP's life on 'frontiers' of energy industry at risk
At a celebration of BP's centennial last October, CEO Tony Hayward boasted to guests that the oil company "lives on the frontiers of the energy industry."


Tony Hayward - Energy - BP - Petroleum industry - Business
[Sun, 29 Aug 2010 19:34:44 GMT]
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Mexicana airlines ceases flights after bankruptcy

A Mexicana airline Jet lands at the Benito Juarez International Airport in Mexico City, Friday, Aug. 27, 2010. Debt-ridden carrier Mexicana airline is halting all operations as of midnight Friday as it seeks to restructure costs, Mexico's transportation secretary said. (AP Photo/Alexandre Meneghini)Mexicana airlines shut down all flights on Saturday, marking at least a temporary disappearance from the skies of one of the world's oldest air carriers.






Airline - Mexicana de Aviación - Bankruptcy - United States - Mexico
[Sat, 28 Aug 2010 19:40:03 GMT]
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Poop-coffee war pits purists vs. producers

A palm civet eats Arabica coffee cherries in a coffee plantation owned by state plantation firm PT Perkebunan Nusantara XII, in Situbondo in Indonesia's East Java province. Lovers of the world's most expensive coffee, found half-digested in the dung of the wild civet, fear that its unique taste may be spoiled by planned farming of the animals.





Coffee - Kopi Luwak - Civet - Agriculture - Beverages
[Thu, 26 Aug 2010 15:27:23 GMT]
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Chinese brands import foreign celebrities

NBA's Boston Celtics power forward Kevin Garnett signs his autograph on the shoes at World Expo site in Shanghai. "Love China" declared his T shirt, Anta, the athletic shoe producer, brought Garnett to China for a weeklong promotional tour.Kevin Garnett wore his affection for China's booming sportswear market on his back as the NBA star arrived in Beijing in August.






Beijing - China - Kevin Garnett - Asia - Business and Economy
[Thu, 26 Aug 2010 12:03:11 GMT]
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Strapped corporations sell off art collections

This untitled 2001 work by Julie Mehretu will be one of more than 400 works from the corporate contemporary art collection of the failed investment bank Lehman Brothers that will go on sale at auction this fall.Corporations worried about the bottom line are taking a look at their office walls.





Business - Arts and Entertainment - Museums - United States - Art Museums
[Wed, 25 Aug 2010 23:32:21 GMT]
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Chinese bestseller slams Goldman for crisis

Goldman Sachs & Co., criticized in the U.S. for its role in the financial crisis, is now getting hammered in the world's No. 2 economy with the sensationalist new book accusing the investment bank of trying to destroy China.Goldman Sachs & Co., reviled in the U.S. for its role in the financial crisis, is now getting hammered in the world's No. 2 economy with a sensationalist new book accusing the investment bank of trying to destroy China.






Goldman Sachs - China - Investment Banks - United States - Business
[Wed, 25 Aug 2010 12:10:01 GMT]
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Mazda, Ford to invest $350 million in Thai plant
Ford Motor Co. and Mazda Motor Corp. are investing $350 million in their joint venture plant in Thailand to revamp production of pickup trucks, both sides said Thursday.


Mazda - Pickup truck - Ford Motor Company - Thailand - Automobile
[Thu, 26 Aug 2010 05:17:51 GMT]
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Potash rejects BHP's $39B hostile bid
Potash Corp., the world's largest miner of a key ingredient in fertilizer, rejects BHP Billiton's hostile $39 billion takover bid and is pursuing a counter-bid from other companies.


BHP Billiton - Potash - Fertilizer - Business - Takeover
[Mon, 23 Aug 2010 13:51:39 GMT]
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Dollar slides to new 15-year low vs yen
The U.S. dollar dropped to a fresh 15-year low against the yen on Tuesday, adding further pain to Japan's export-oriented economy.


Japan - Japanese yen - United States dollar - Health - United States
[Tue, 24 Aug 2010 09:23:39 GMT]
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Dialing down debt has Greeks feeling pain

"Have you seen all the 'for rent' signs in the center? I've never seen anything like it in the past 30 years," says one shop owner about the number of businesses forced to close.The plan to rescue Greece from bankruptcy has kicked in, and with a vengeance.





Bankruptcy - Greeks - Law - Services - Lawyers and Law Firms
[Fri, 20 Aug 2010 17:24:41 GMT]
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Dubai camel dairy to milk health-food market
The United Arab Emirates will become the first major exporter of camel milk products to the European Union, and at some point possibly to Asia and America.


United Arab Emirates - European Union - United States - Middle East - Milk
[Sun, 22 Aug 2010 01:17:23 GMT]
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[Sun, 22 Aug 2010 01:17:23 GMT]
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China tells state companies to explore Potash bid
By Euan Rocha and Joseph Chaney


BHP Billiton - Canada - Business - Australia - Potash
[Sat, 4 Sep 2010 03:09:42 GMT]
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UK economy shows signs of strength
Surprisingly strong British retail sales and a further reduction in Britain's big budget deficit last month are giving rise to hope that the country's sputtering economy can maintain growth into the second half of the year.


Deficit - Business - George Osborne - Britain - Government spending
[Thu, 19 Aug 2010 12:45:45 GMT]
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Levi Strauss aims at China with cheaper jeans

An amateur model walks on the catwalk during launching ceremony of a new global Levis brand aimed at the Chinese market. Jeans maker Levi Strauss & Co. launched a new global brand in China on Wednesday, aiming at a broader segment of Chinese consumers than traditional Levis, which sell for over $100 in upscale malls.






Levi Strauss & Co - Jeans - Clothing - China - Business
[Wed, 18 Aug 2010 14:18:08 GMT]
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BHP goes hostile in $39 billion Potash bid
BHP Billiton launched a hostile $39 billion bid for Potash Corp to become the world's top fertilizer maker after the Canadian group rejected this year's biggest takeover offer.


BHP Billiton - Fertilizer - Takeover - Potash - Canada
[Wed, 18 Aug 2010 14:39:50 GMT]
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