Archive for January, 2012

(Reuters) Starbucks Corp reported a quarterly profit that topped Wall Street’s view, but its shares fell as investors in the world’s biggest coffee chain focused on softness in Europe rather than strength in the United States. The company’s shares, up roughly 45 percent from a year ago and hovering near all-time highs, were off... »

BEIJING (Reuters) China’s Railways Ministry fired 10 officials for fraud for allowing contractors to use substandard materials, including “waste,” to build railway bridges, state media reported on Monday. At least 10 officials were fired on Sunday, and the ministry fined railway authorities in the area and ordered the reconstruction of 16 piers and 2... »

Cisco shares rose 41 cents, or 2.3 percent, to $18.02 in extended trading Wednesday after the results came out. Earlier, the stock fell 70 cents, or 3.8 percent, to close at $17.61. “You are seeing some aggressive acts, maybe even some acts of desperation, by some people to try to get orders. We have seen... »

Florence Get ready for a new era of boom times in men’s fashion. A whole slew of high level brands are now investing huge sums in menswear; a major league bet based on the belief that a generation of millions of men in Brazil, Russia, India and China (BRIC) markets are about to... »

NASHVILLE, Tenn. Lady Antebellum singer Hillary Scott has gotten married. She and new husband Chris Tyrrell announced the news in a 20-second video message on Lady Antebellum’s official website. The couple tied the knot on Jan. 7 in upstate New York. They appear wearing matching t-shirts. Tyrrell hugs his new bride and introduces her as... »

NEW YORK (Reuters) Singer Beyonce has given birth to a baby girl in New York, local media reported on Sunday. The widely anticipated first child of the international star and R&B singer, 30, and rap mogul Jay-Z, 42, whose real name is Shawn Carter, was delivered late on Saturday in a private wing of... »

BEIJING China called on the European Union on Thursday to heed objections to its plans to charge airlines for carbon emissions and to hold talks with opponents.,wholesale Ed hardy shoes The charges, which took effect Sunday, are aimed at curbing emissions of climate-changing gases but airlines oppose them as an improper tax. The ratings... »

BEIJING (Reuters) China said on Wednesday that seven people killed by police in the restive far western region of Xinjiang last week had been trying to leave the country to wage “holy war” and had kidnapped some herders on their way to the border. The kidnappers took two people hostage late last Wednesday in... »

BEIJING (Reuters) A man in southern China’s Guangdong province died of bird flu Saturday a week after being admitted to hospital with a fever, state media reported. The 39-year-old bus driver living in Shenzhen, just across the border from Hong Kong, developed symptoms on December 21 and was admitted to a hospital on December... »

PORTLAND, Ore. Nike Inc.’s second-quarter profit rose 3 percent as strong demand and higher prices for its shoes, clothes and gear offset increased costs. Nike and other consumer product companies have been coping for some time with higher costs for materials, labor and freight. But while others have struggled to regain their footing in... »