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. Last Updated: 07/27/2016


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WEF: Asia Is Ripe for Enron-Style Scandals

Enron-style corporate meltdowns could hit any time in Asia, where leaders cannot afford to use U.S. business scandals as an excuse to shrug off calls for better governance standards, a regional expert said Monday.

Beer Giants Rush to Tap China

Facing saturated markets at home, foreign brewers are rushing to team up with Chinese beer giants in a trend that could intensify an already fierce battle in China's booming but glutted beer market.

Nissan and Toyota Sign Hybrid Deal

Japan's top automaker, Toyota Motor Corp., and its domestic rival, Nissan Motor Co., announced Monday they will work closely together to develop environment-friendly cars called ""hybrids.""

Europe Manufacturing Growth Stalls

Growth in the euro-zone manufacturing sector slowed almost to a halt in August as doubts about the global economy deterred new orders and prompted companies to cut jobs, a survey showed Monday.

Bertelsmann To Unload Napster,

German media group Bertelsmann is looking to sell or shut its book business and pull the plug on music service Napster in a clamp-down on loss-making ventures, sources close to the company said Sunday.

Bush Turns From Guns to Butter

U.S. President George W. Bush on Monday began the nine-week march to crucial congressional elections by courting unions and seeking to reassure anxious voters that the struggling U.S. economy is fundamentally sound.

Vodafone Sets Sights on SFR

Mobile phone giant Vodafone PLC is readying a cash offer worth some ?8 billion ($12 billion) for SFR, the French mobile phone firm controlled by Vivendi Universal, the Financial Times said Monday.

Trying to Fly to Space for a Song

Financial maneuvering is the name of the game when it comes to sending 'N Sync's Lance Bass into orbit.

Johannesburg and After

The summit on sustainable development under way in South Africa is a parody of globalization.

Chechnya Just the Spot for Kamikaze Tourism

Deciding his life needed a little excitement, Hiroshi Minami decided to plump for a trip to Chechnya.

Putting Birds Before Guns

What do heavy weaponry and chicken legs have in common? Answer: Big money and big politics.

Serena Advances Despite the Rain

There was one winner at the U.S. Open and, fittingly, it was Serena Williams.

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