"Objectively speaking, the failure of the merger between Chinalco and Rio Tinto lies in the rapid recovery of the world resources market, including the related stock market, which was beyond everyone's expectations," the Chinese report said, according to The Age newspaper. Australian Trade Minister ...
WASHINGTON — Retail sales posted a surprising increase in February as consumers refused to let snowstorms stop them from stepping up purchases for everything from clothes to appliances. The improvement provided hope the recovery from the Great Recession is gaining momentum. Some economists ...
SANTA ANA, Calif. — The Orange County district attorney has filed a lawsuit against Toyota Motor Corp. , accusing the automaker of knowingly selling hundreds of thousands of vehicles with acceleration defects. District Attorney Tony Rackauckas said at a news conference that his office has the ...
LOS ANGELES (AP) -- To further cut costs at its movie studio, The Walt Disney Co. said Friday that it will shut a San Francisco-area facility used to capture the performance of Jim Carrey for his digitally animated character, Scrooge, in "A Christmas Carol." The closure of the facility in Marin ...
According to bankruptcy examiner Anton Valukas , the seeds of Lehman's Sept. 15, 2008, bankruptcy were sown in 2006, aggressively fertilized throughout 2007 and 2008's first two quarters, and harvested in the summer of 2008. Valukas concludes that although Lehman used its so-called Repo 105 to cook ...
HONG KONG (AP) -- Leading offshore producer China National Offshore Oil Corp. said Sunday it has agreed to pay $3.1 billion to form a joint-venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America. The investment will give CNOOC a 50 percent ...
Talks with China over censorship have reached an apparent impasse and Google, the world's largest search engine, is now '99.9%' certain to shut its Chinese search engine, the Financial Times said on Saturday. It said in a report on its website Google had drawn up detailed plans for closing its ...
(AP) — SHANGHAI - For millions of Chinese, the USA pavilion's show at the Shanghai World Expo will be the closest they'll ever come to an experience of America. What they'll get-apart from long waits-is a warm welcome and a dose of Hollywood-style entertainment. The Expo, which begins May 1 and is ...
The minibus taxis were one of the few black-owned industries during the apartheid era and played a part in the struggle. But today they have an unhappy reputation for overcrowding and accidents - 70,000 crashes per year - and even face allegations of ...
The law relating to small business capital gains tax concessions is complicated. The amount and tax benefit of concessions differs depending on what structure owns the business. Where a company operates the business not all of the CGT concessions ...
