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.

Hitachi to replace president, split off businesses

Japanese hi-tech giant Hitachi Ltd. said Monday that it was replacing its president and splitting off its automotive systems and consumer electronics operations as it braces for a massive loss.

India's Infosys shares up after new chief named

Shares in Indian outsourcing giant Infosys climbed nearly four percent on Thursday after the company announced a new chief executive who will take over in August.

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.

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.

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