14/11/2012

US panel urges more oversight of China investment

A congressional advisory panel on Wednesday urged tighter screening of investment by Chinese state-owned companies in the U.S., saying they present unfair competition to American firms.

Infineon cuts costs as revenue falls

Semiconductor maker Infineon Technologies AG says it will cut back on investment plans and introduce short-time working as global economic uncertainty weighs on demand and revenue.

Australia's devils to get fresh start on new island

A group of Tasmanian devils will be transferred to a small Australian island to start what is hoped will be a self-sustaining population, free from the facial tumour that has devastated their species.

Toyota recalls vehicles for steering, pump defects

Toyota Motor Corp. is recalling 2.77 million vehicles around the world for a water pump problem and a steering shaft defect that may result in faulty steering—the latest in a spate of quality woes for Japan's top automaker.

Clouds part, solar eclipse darkens north Australia

From boats bobbing on the Great Barrier Reef, to hot air balloons hovering over the rainforest, and the hilltops and beaches in between, tens of thousands of scientists, tourists and amateur astronomers watched as the sun, ...

Vietnam may evict bears from 'protected' park land

(AP)—Bears, some of them blinded or maimed, play behind tall green fences like children at school recess. Rescued from Asia's bear bile trade, they were brought to live in this lush national park, but now they may need ...

NY Times, union agree to new contract

Union members at The New York Times approved a new contract through 2016 which offers modest raises and a revamped pension, ending a deadlock of more than a year and a half.

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