China denies using stolen US copter technology

(AP) — Allegations that China used stolen U.S. technology to develop a modern military attack helicopter were "severe deviations" from the facts, the Chinese Defense Ministry said Thursday.

India's Infosys cuts revenue outlook, shares tumble

Shares in Indian software giant Infosys fell more than eight percent on Thursday after the company announced a surprise cut its full-year revenue outlook and reported a lower-than-expected profit.

UTC exported software used in Chinese helicopter

(AP) — A division of United Technologies Corp. pleaded guilty on Thursday to crimes related to the illegal export of software that U.S. officials say was used by China to develop the country's first modern military attack ...

Consumption threat to vulnerable species: study

The developed world's insatiable appetite for products like coffee and timber is threatening the survival of one in three vulnerable animal species in poor countries, according to an Australian study.

Sony reports record annual loss

(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new ...

India's Infosys profit up 27% but shares tumble

Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.

India's Tech Mahindra announces Satyam merger

India's Tech Mahindra announced its long-awaited buyout of IT outsourcer Satyam Computer on Wednesday, creating a new force in the sector with annual revenue of $2.26 billion.

WTO action filed on China's rare earth controls

The United States, European Union and Japan teamed up Tuesday to lay assault to China's controls on exports of rare earth minerals, which are crucial in high-tech manufacturing.

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