HP quarterly profit plunges 90 percent

SAN FRANCISCO, Nov. 21 (Xinhua) -- Hewlett-Packard Co. (HP) on Monday reported that its profit in the most recent quarter fell more than 90 percent with sales also declining. In the company's fourth quarter of fiscal 2011 ended Oct. 31, the company p

经济学人:物联网 智能家居让你无力抗拒(上)

Business: The internet of things: Where the smart is 商业：物联网：智能家居，路在何方 Connected homes will take longer to materialise than expected. 真正实现互联家庭仍是长路漫漫。 The fanfare has gone on for years. 有关

经济学人:商品:全球形势紧张(3)

Progress in talks on the North American Free-Trade Agreement would also be good news. 北美自由贸易协定谈话中所取得的进展也是好消息。 But BHP, the world's biggest miner, issued a blunt assessment of the longer-term dangers to it

全球股市创20年来最差开年纪录

More than $2.3tn was wiped off global stocks this week as Chinas slowing economy and currency depreciations spooked investors around the world, leading to the worst start to a year for markets in at least two decades. 由于全球投资者对中国经济

Turkish-Kurdish Oil Deals Upset Baghdad

ISTANBUL Growing tensions between Baghdad and the semiautonomous Iraqi Kurdish government over control of the country's energy reserves is threatening to pull neighboring Turkey into the deepening dispute. This past weekend, Iraq warned Ankara that s

Belarus Asks IMF for Rescue Loan of Up to $8 Billion

Belarus is requesting a new economic rescue loan from the International Monetary Fund (IMF) to help it cope with a deepening financial crisis. Belarusian Prime Minister Mikhail Myasnikovich said Wednesday the government has asked for an IMF loan betw

Obama Directs Lawmakers to Work Out Stopgap Fiscal Deal

WHITE HOUSE President Barack Obama has told U.S. congressional leaders to work out a stopgap deal that would prevent the U.S. economy from falling off the fiscal cliff of expiring tax cuts and mandatory government spending cuts. Obama's appearance be

US Central Bank Chief: Deficits 'Unsustainable'

The U.S. government said this week it expects to run a $1.1 trillion deficit for the year ending in September, a drop from 2011, but the fourth straight year deficits have totaled more than $1 trillion. President Barack Obama and Congress embarked la

Indonesian Laborers Demand Bigger Share of Profits

Thousands of protesters marched through the Indonesian capital Tuesday demanding better working conditions to mark international Labor Day. While increasingly frequent strikes have revealed discontent within the labor force, analysts say Indonesia is

China's new OTC board makes official debut

BEIJING, Jan. 16 (Xinhua) -- The official establishment of the New Third Board, a national share transfer system for small- and medium-sized enterprises (SMEs), was announced Wednesday, after years of trials in several cities. The move marks another

Wenzhou's small firms still struggle to obtain loans

BEIJING, July 6 (Xinhua) -- Medium- and small-sized enterprises in Wenzhou are finding bank loans increasingly hard to obtain as the city's banks face a rising non-performing loan (NPL) ratio. The NPL ratio of the banking industry in the east China c

Berlusconi Resigns, Ending Scandal-Plagued Era

Italian Prime Minister Silvio Berlusconi has become the latest victim of the euro debt crisis. He was forced to resign Saturday, after a week that saw him lose his majority in parliament. A large crowd had already gathered outside Romes presidential

希拉里特朗普更接近党内提名

WASHINGTON, March 2 (Xinhua) -- U.S. presidential candidates Donald Trump, of the Republican Party, and Hillary Clinton, of the Democratic Party, won big on Super Tuesday, increasing the likelihood that they will go head to head in a knock-down, drag

U.S. stocks consolidate after big gains

NEW YORK, Jan. 4 (Xinhua) -- U.S. stocks ended mixed on Tuesday as investors（投资者） pulled back after Monday's big gains. The Dow Jones industrial average added 20.43 points, or 0.18 percent, to 11,691.18. The Standard Poor's 500 index dipped（

Israel Objects to Obama Remarks on Borders

Israel says it will ask President Obama to clarify remarks in his speech Thursday in which he said the future borders of Israel and Palestine should be based on the 1967 lines. President Obama's remarks, during a major address on the Middle East, dre

阿里巴巴二季度营收优于预期

Alibaba, the Chinese ecommerce group founded by Jack Ma, delivered its fastest pace of quarterly sales growth since its 2014 flotation as it defied the wider slowdown in the Chinese economy and fears about its business model. 马云创立的中国电商

Microsoft Office 365 suffers first major outage

SAN FRANCISCO, Aug. 17 (Xinhua) -- Microsoft's cloud-based software Microsoft Office 365 on Wednesday experienced its first major outage since its introduction in late June. At approximately 11:30 a.m. PDT, Microsoft became aware of a networking issu

难敌经济颓势 俄罗斯雨天基金明年或枯竭

After almost two years in recession, the country's rainy day fund has shrunk to just $32.2 billion this month, according to the Russian Finance Ministry. It was $91.7 billion in September 2014, just before oil prices started to collapse. 经过将近两

US Debt Deal Compromise Leaves Many Unhappy

The U.S. House of Representatives has approved a compromise deal to raise the country's debt limit and cutting spending, one day before the government is due to start defaulting on its debt. In a vote Monday night, 269 House members approved the deal

US Faces Possible Credit Rating Downgrade

U.S. President Barack Obama and Congress are engaged in an intense rush to settle on a plan to raise the countrys borrowing limit beyond the current total of more than $14 trillion. It is an effort aimed at averting a possible default on the countrys