The Korea Herald

BMW launches new electric, hybrid brand

Feb 22, 2011

FRANKFURT (AFP) ― The German luxury carmaker BMW unveiled on Monday its long-awaited new brand, BMW i, with two new models to be equipped with electric and hybrid drive systems from 2013. The group ...
Moody’s cuts outlook for Japan credit rating

Feb 22, 2011

Moody's downgrades Japan rating outlook from stable to negative on massive national debt TOKYO (AFP) ― Ratings agency Moody’s on Tuesday cut its outlook on Japan’s sovereign debt to “negative,” argu...
Chinese telecom giant calls off U.S. deal

Feb 21, 2011

BEIJING (AP) ― A major Chinese telecoms equipment maker is scrapping its effort to acquire a U.S. computer company after a security panel refused to approve the deal. Huawei Technologies Ltd.’s bid ...
Android, video games dominate mobile show

Feb 21, 2011

BARCELONA, Spain (AP) ― The 2011 installment of Mobile World Congress, which gathered 60,000 professionals from 200 countries, served as the official coming-out party for the next generation of Googl...
China ups oil prices, further hikes likely

Feb 21, 2011

China, Asia’s biggest oil consumer, increased retail gasoline and diesel prices for the first time this year, aiding state refiners under pressure from $100 crude and prompting bets further increases...
Spain rules on capital to offer boon for IPO bankers

Feb 21, 2011

Spain’s decision to force lenders to meet stricter capital rules or risk state ownership will provide a boon to bankers and lawyers helping them raise funds with stock market listings and asset sales...
Apple developing smaller, cheaper iPhones: report

Feb 14, 2011

WASHINGTON (AFP) - Apple is developing a new lines of smaller and cheaper iPhones and overhauling its software to facilitate users' access to entertainment, photos and video, The Wall Street Journal ...
Lamborghini uses F1-inspired suspension

Feb 13, 2011

GENEVA (DPA) ― The new Lamborghini Aventador, which is set to make its debut at next month’s Geneva Motor Show, will feature a Formula 1 race car-inspired push rod suspension system with superior han...
Report: Google, Facebook consider buying Twitter

Feb 11, 2011

NEW YORK (AP) _ Google Inc. and Facebook Inc. have both held low-level talks with Twitter Inc. about purchasing the privately held social networking service, according to a report published Thursday....
‘Red hotties’ of Virgin are most attractive cabin crew

Feb 10, 2011

Virgin Atlantic Airways has the most attractive flight attendants, according to a survey of 1,000 people by the Business Travel and Meetings Show in London from Feb. 8-9. Businesstraveller.com repo...
Huffington Post sold to AOL for $315m

Feb 8, 2011

NEW YORK (AP) ― Online company AOL Inc. is buying highly-trafficked website Huffington Post in a $315 million deal that represents a big bet on the future of online news. The acquisition, which will...