PC maker Lenovo reports loss amid weak demand

(AP) -- Lenovo Group, the world's fourth-largest personal computer maker, reported a $16 million quarterly loss Thursday and said it faces pressure from weak global demand and intense competition.

Financial Crisis Reduces Economic Freedom in China and the West

(PhysOrg.com) -- The current financial crisis may reduce economic freedom as governments are likely increase intervention in a bid to protect their own economies - according to a study in Pacific Focus published by Wiley-Blackwell. ...

China first out of global financial crisis, says leading expert

China is the first major economy to start emerging from the global economic crisis, according to Dr Nicholas Lardy, Senior Fellow at the Peterson Institute for International Economics at Washington DC. This recovery is a ...

Soft PC sales send Microsoft profit down 29 pct

(AP) -- Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company ...

Dell shares dive as PC market still looks rough

(AP) -- Dell Inc. said Tuesday that the U.S. personal computer market has reached its low point but that the timing of a global turnaround in the technology industry remains anyone's guess.

More 'McBang' for your 'McBuck'

McDonald's seems recession-proof, its profitability apparently untouched by the newest economic crisis to hit America. Though the average family may not be able to eat out in style, they can afford a Dollar Menu double cheeseburger ...

Ford's last-minute cold feet put emissions deal at risk

It had taken weeks of hardball negotiations, but by Sunday afternoon White House officials thought everything was falling into place. In less than 48 hours they would unveil a landmark deal with U.S. automakers to impose ...

Software piracy worsens in Asia: study

Software piracy in the Asia-Pacific region continued to worsen last year, a study said Tuesday, driven by the rapid growth in computer sales and the availability of bootleg programmes online.

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