Thursday, May 16, 2013
![]() | Google co-founder and chief Larry Page ended the mystery about his soft, sometimes raspy voice with a personal online post Tuesday about being diagnosed with partially paralyzed vocal cords.
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Germany's economy crept back into growth in the first quarter of the year, after a sharp contraction at the end of 2012, while France slipped into recession, data showed on Wednesday.
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Asia-focused bank HSBC announced Wednesday that it will make another US$2-3 billion (1.5-2.3 billion euros) of new cost savings, as the group seeks to boost profitability.
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Sony shares rocketed Wednesday after a U.S. hedge fund called for the partial sell-off of its entertainment unit, in a rare bid by a major foreign shareholder to penetrate Japan's staid corporate culture.
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Microsoft Corp.'s forthcoming update to its personal computer operating system will be called Windows 8.1 and will be available later this year free to existing Windows 8 customers, the marketing chief for the Windows unit said on Tuesday.
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Warren Buffett-backed Chinese carmaker BYD Co. Ltd. rolled out Hong Kong's first electric taxi fleet on Wednesday, marking a milestone for its all-electric battery car that highlights its promise and its limitations.
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Weak economic data across the eurozone pushed European stocks lower Wednesday, as news hit that the 17-country currency bloc is now in its longest-ever recession.
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The dollar held firm versus the yen in Asian trade Wednesday, clinging to recent gains after upbeat U.S. data with analysts saying the greenback could climb higher.
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The price of oil fell below US$94 on Wednesday after Germany, Europe's largest economy, reported anemic growth for the first quarter.
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Taiwan's HTC Corp. fell out of the world'stop 10 smartphone makers in the first quarter as the company's sales continued to slide, tech tracking firm Gartner Inc. said in a report.
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