China played a key role in helping persuade North Korea not to retaliate to an artillery exercise by South Korea, a senior U.S. official said.
23/12/2010 12:29 PM
Toying with Google's logo is part of the company's culture. To create this year's holiday "doodle," it took five artists, 250 hours and six months.
23/12/2010 01:16 PM
Ireland's Finance Minister Brian Lenihan announced plans to recapitalize Allied Irish Banks by $3.93 billion.
23/12/2010 12:44 PM
The chairman of the FCC is expected to propose approval of Comcast's deal to acquire control of NBC Universal from GE. The proposal still needs full commission signoff.
23/12/2010 01:16 PM
U.S. stocks fell slightly, pulling back from two-year closing highs following a bigger-than-expected drop in durable-goods orders and a smaller-than-projected increase in consumer spending for November.
23/12/2010 12:40 PM
The case against Ernst & Young highlights the roles accounting firms played in the financial crisis and raises questions about whether reforms enacted after the last crisis went far enough.
23/12/2010 11:20 AM
Jo-Ann Stores agreed to be acquired by private-equity firm Leonard Green & Partners for about $1.6 billion, though the retailer has until Feb. 14 to weigh other offers.
23/12/2010 11:55 AM
Fitch Ratings downgraded Hungary's sovereign credit rating to just above junk status, saying it would cut further unless the new government implements credible medium-term fiscal consolidation measures.
23/12/2010 12:12 PM
General Electric intends to perform the next phase of Hudson River cleanup efforts in 2011, and will take a $500 million charge to fund the project.
23/12/2010 12:47 PM
Volkswagen and Peugeot are considering developing China-only brands with their partners in the country, adding to a trend among foreign auto makers targeting demand for low-cost cars.
23/12/2010 12:54 PM
Deutsche Bank said it is in exclusive talks to sell its BHF Bank unit to Liechtenstein's LGT Group.
23/12/2010 12:16 PM
A unit of A.P. Moller-Maersk has agreed to buy SK Energy's stakes in three oil blocks offshore Brazil for $2.4 billion in a cash.
23/12/2010 11:12 AM
