E-commerce giant eBay will slash 2,400 jobs - 7 percent of its workforce in the current quarter as it restructures and prepares to spin off its PayPal finance unit, it said on Wednesday.
Sukuk investors are maintaining support for Malaysian Prime Minister Najib Razak as he sacrifices budget deficit targets to sustain development spending.
With the companies that built the nation's high-speed rail system bagging deals abroad, nuclear technology and equipment sales are next on China's agenda.
There is a saying in the nuclear industry that people will accept building nuclear power plants, only if they are built far away from their home.
As nuclear power plants continue to be phased out by many countries, foreign energy giants are pinning their hopes on China's nuclear market, and its huge potential for growth.
Federal Reserve officials are starting to reassess their outlook for the economy as global weakness and disappointing data on US consumer spending test their resolve to raise interest rates this year.
Saudi Arabia is delaying by eight years its target to complete a clean-energy program including $109 billion in solar power, saying it needs more time to assess what technologies it will use.
Diamond buyers are "scared stiff" of the power of De Beers as money they get for cut gems fails to keep up with prices the company demands for rough stones, said the Israeli overseer of one of the industry's biggest exchanges.
Australian wine exports to China rebounded last year as sales of cheaper wines gained traction, bucking a regional shift toward high-end tipples.
A top US executive at Honda Motor Co said competitors are doing "stupid things" to boost auto sales, including making seven-year-long car loans that harm buyers.
The recent publication of a report on the corporate social responsibility activities of US companies over the past decade, by the American Chamber of Commerce in Shanghai, was a strong illustration of the huge influence Western companies have had, and are still having to an extent, on CSR activities in China.
Thousands of joggers across China, running in families, have been taking part in a six-month program which converts every 1km they run into one yuan-worth of donation to children in some of the country's most poverty-stricken regions.
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Raymond Zhou
Op Rana
Berlin Fang
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Huang Xiangyang
Chen Weihua
