Legendary oil investor T. Boone Pickens, who made more than $1 billion in 2006 by betting on rising oil prices, said he expects oil prices will hold near or above $100 a barrel for the rest of this year.
Deutsche Bank AG, Germany's biggest bank, said the US subprime collapse and slowing economic growth will make it harder to reach a full-year profit goal.
Motorola Inc plans to split into two companies next year amid pressure from billionaire investor Carl Icahn to break off the money-losing mobile-phone business, exiting a market it created 25 years ago.
The United Kingdom's financial services regulator admitted yesterday that it had done a poor job of supervising Northern Rock, the mortgage lender which became the UK's most prominent victim of the subprime mortgage crisis.
What in the name of Colonel Harland Sanders is going on at KFC? The chain built by his secret recipe for fried chicken is about to give equal billing to, gulp, grilled chicken.
Green with envy over the latest "Kelly" handbag by Hermes, but unable to cough up the thousands of dollars for the privilege - and cachet - of owning one? Help is at hand: rent the bag online.
Al Copeland, who became rich selling spicy fried chicken and notorious for his flamboyant lifestyle, died on Sunday at a clinic near Munich, Germany. He was 64.
Hyundai Motor Co, South Korea's largest automaker, plans to start selling buses in India from next year as economic growth boosts demand.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
