BusinessWeek.com -- Asia
U.S. Lags China in Clean Energy
(Jul 29)
There are some obvious ways to make America competitive with China in clean energy. Why won't the Senate debate them?
U.S. Firm Drops $1.6 Billion Chinese Bid
(Jul 30)
Charles River Laboratories International Inc. withdrew a $1.6 billion bid for WuXi PharmaTech (Cayman) Inc., citing investor opposition to what would have been the largest foreign takeover of a China company.
Former Tiananmen Leader Helps Buffett
(Jul 30)
Li Lu, the hedge-fund manager who helped Berkshire Hathaway Inc. find profits in China, may push Warren Buffett’s investment company to make more deals outside the U.S. if he takes a role at the company.
ISuppli: HTC's Droid Incredible Costs $163 to Make
(Jul 29)
A teardown analysis shows HTC's Incredible is incredibly similar to the Nexus One, the Android phone from Google
Sony, Panasonic Withstand Strong Yen With Forecasts
(Jul 30)
Sony Corp. and Panasonic Corp., the world’s largest consumer-electronics makers, signaled Japanese technology companies are withstanding slowing European demand and the stronger yen after raising their earnings forecasts.
Chips Drive Samsung Profit to Record
(Jul 30)
Samsung Electronics Co., Asia’s biggest maker of semiconductors, flat screens and mobile phones, said second-quarter profit jumped 83 percent to a record, fueled by a recovery in demand for computer-memory chips.
Honda Raises Profit Forecast
(Jul 30)
The Japanese automaker expects earnings to improve thanks to global sales recovery
Nomura’s Profit Falls on Investment Banking Slump
(Jul 30)
Nomura Holdings Inc., Japan’s biggest brokerage, said profit fell 80 percent in the first quarter on a slump in investment banking and trading.
Philippine Airlines Tells 25 Pilots to Return to Work
(Aug 1)
Philippine Airlines Inc. told 25 pilots who quit without notice to return to work within seven days after Asia’s oldest carrier was forced to cancel flights, rebook passengers and reshuffle its fleet.
Philippine Air Asks 25 Pilots Who Quit to Return to Work
(Aug 1)
Philippine Airlines Inc., controlled by billionaire Lucio Tan, asked pilots who quit without notice to return to work within seven days, after it was forced to cancel eight more flights today. Thirteen captains and 12 first officers crewing Airbus SAS A-319 and A-320 aircraft resigned without giving Philippine Air enough time to train replacements, the airline said in a statement today.