EU, US reps meet ahead of free-trade talks
US Trade Ambassador Michael Froman received his European counterpart Karel De Gucht in Washington Monday, preparing for next month's fourth round of talks on creating the world's largest free-trade area.
Oil markets tight, IEA warns
World oil markets are unexpectedly tight as growth in advanced economies picks up, the IEA warned on Thursday, urging OPEC to skip a seasonal output drop as stocks touch six-year lows.
China's Lenovo aims for third in global smartphone market
The chairman of Chinese computer giant Lenovo pledged Thursday to make the company the world's third-biggest smartphone seller following an acquisition binge as the firm announced a 30 percent profit surge.
13 February 2014
Oil prices up on winter demand, Yellen testimony
Oil prices rose in Asian trading hours Wednesday due to strong winter demand and expectations that new Federal Reserve head Janet Yellen will not shake up US monetary policy.
Australia losing last auto producer Toyota
Toyota on Monday said it will stop making cars in Australia in less than four years, banging the final nail in the coffin of country's auto industry, despite appeals to stay by Prime Minister Tony Abbott.