China Mobile reports 2008 net profit up 30 percent

China Mobile, the world's largest mobile phone network operator, said Thursday its profits jumped by 30 percent last year, but warned China's telecoms market faced a tough 2009.

India's Wipro posts 19 percent rise in profits

India's third-largest software group Wipro on Tuesday reported a 19-percent rise in net profit and forecast improving demand, underscoring new optimism in the sector.

India's Infosys posts profit dip on slowdown

India's Infosys Technologies said Wednesday its consolidated net profit for the fiscal fourth-quarter rose 29 percent from a year earlier, but fell sequentially due to the global slowdown.

New EU climate policy unlikely before 2015: Poland

The European Union is unlikely to hammer out its new policy on global warming ahead of a global climate deal that could be clinched in 2015, Poland's environment minister said Wednesday.

China's Alibaba posts 16.6% rise in 2011 net profit

Chinese Internet company Alibaba on Tuesday posted a net profit of 1.71 billion yuan ($271.48 million) in 2011, up 16.6 percent over the previous year, but with weakness in the fourth quarter.

EU says emissions down, but pollution scheme falters

EU greenhouse gas emissions, blamed for global warming, dropped slightly last year but the much-vaunted system for cutting such pollution ran into even more trouble, the European Commission said on Thursday.

SK Telecom named as preferred bidder for Hynix

South Korea's top mobile carrier SK Telecom has been selected as preferred bidder for a controlling stake in Hynix Semiconductor, the world's number two memory chip maker, creditors said Friday.

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