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HuaweiLG Electronics Inc, the world’s No.2 television maker, more than trebled its quarterly profit to $393 million on improved margins and a pick-up in high-end TV sales, underscoring South Korea’s dominance in an industry once ruled by Japanese rivals.
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World stock markets rose Wednesday after earnings from Apple Inc. and other U.S. companies blew past expectations, providing a distraction from the economic and political turbulence intensifying in Europe over its debt crisis.
Britain’s economy sank back into recession in the first quarter, when it contracted by 0.2 percent amid ongoing state austerity and the eurozone debt crisis, official data showed on Wednesday.
HANNOVER - China and Germany, the world’s two biggest exporters, can nearly double their bilateral trade in the next three years, but must also improve their market access and combat protectionism, Chinese Premier Wen Jiabao said on Monday.
Dubai’s shares advanced for the first time in six days on speculation Emaar Properties may agree to boost its 2011 dividend at a meeting with shareholders tomorrow and before the real-estate company reports earnings.
Aden Container Terminal (ACT), operated by global marine terminal operator DP World, has received and serviced one of the largest container vessels to call at the historic Yemeni port, the Kota Carum, owned by Singapore-based Pacific International Lines.
W ith a single bold action, the Reserve Bank of India, or RBI, has silenced its critics, regained initiative and set a tough agenda for banks and government before they can ask it to do more.
The central bank has come under cross fire by two opposing groups—businessmen and bankers—over its latest monetary policy and a high discount rate.
The 17 countries that use the euro still face an uphill struggle to control their debts in spite of managing to slash government deficits to 4.1 percent of economic output in 2011, official data show.
Ford unveiled a three-cylinder mini-SUV and Chrysler showed a dragon-theme Jeep on Monday as automakers rolled out models designed for Chinese buyers at the Beijing auto show amid tougher competition in the world’s biggest vehicle market.