Euro, global shares rise on growth outlook, Greek hopes

LONDON - The euro started firmer and stocks gained as investors focused on the growing flood of money from major central banks seen as supporting global economic growth and on hopes Greece will ultimately take the steps needed to secure its second bailout. | Video

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Small-business confidence rises for 5th month

WASHINGTON - Confidence among small U.S. business owners rose for the fifth straight month in January and many are having trouble filling vacant positions, according to a survey released on Tuesday that added to signs the economic recovery is strengthening.

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China denounces EU airline carbon law, seeks talks

BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.

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HP, Foxconn to invest $3 billion in China PC hub:report

HONG KONG | Tue Aug 4, 2009 9:50pm EDT

HONG KONG (Reuters) - Global computer maker Hewlett Packard (HPQ.N) and contract electronics manufacturer Foxconn International Holdings (2038.HK) will jointly invest $3 billion to develop a laptop PC manufacturing hub in Chongqing, the South China Morning Post reported on Wednesday.

The manufacturing base will have a capacity of 20 million PCs a year and will be fully operational in 2012, with most of the output exported to European markets, the paper said, citing an announcement at Tuesday's signing ceremony.

Output from the plant is estimated to be worth up to 400 billion yuan ($59 billion) by 2012, outpacing that of the city's top car and motorcycle industry.

(Reporting by the Hong Kong newsroom; Editing by Ken Wills)
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