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February 08, 2012

Brisk U.S. Sales Lift Toyota's Profit Forecast for the Year

TOKYO — Toyota Motor raised its annual profit forecast Tuesday despite a decline in its quarterly profit, as brisker sales in the United States gave the Japanese automaker a much-needed lift after a year overshadowed by natural disasters.

February 07, 2012

February 06, 2012

Starbucks Sets Up Shop in India

A decade after it started sourcing coffee from India, Starbucks, the world’s largest coffee chain, has decided to serve up its concoctions to an Indian audience.

February 04, 2012

Glencore and Xstrata in talks over $82bn 'merger of equals'

Commodities trader Glencore and mining giant Xstrata are in discussions on an $82bn (£50m) merger to create a company that would dominate the global mining industry.

February 03, 2012

Mazda in quarterly loss of nearly $1 billion

TOKYO: Japan's Mazda Motor on Thursday reported a third-quarter loss of almost $1 billion, as the strength of the yen dented its export-dependent production.

February 02, 2012

Sony replaces CEO Howard Stringer

Sony has announced that its chief executive Howard Stringer is to step down from the job on 1 April, to be replaced by vice president Kazuo Hirai.

February 01, 2012

Canon to build laser-printer factory in Philippines

Japanese high-tech giant Canon said on Tuesday it would build a laser-printer factory in the Philippines in anticipation of strong growth in global demand.