Toshiba said that it will release by year-end a tablet computer that runs on Google's Android operating system as the company aims to compete with Apple's iPad.
China's largest property company said its August property sales more than doubled from a year earlier to $1.76 billion.
India's food prices are on the boil again with inflation rising 1.8% in the seven days to Aug. 21, cementing expectations of a fresh round of monetary tightening this month.
The Russian prime minister's move helped push up the price of wheat and sparked fears of supply shortages and broader unrest over rising food costs.
Mark Hurd, who resigned as chief executive of Hewlett-Packard last month, is in talks to join Oracle as a top executive.
BP has placed a new blowout preventer at the top of the well that unleashed the Deepwater Horizon oil spill, and it is moving forward with a procedure to bring about its final demise.
Sustained debt reduction need not be a cause of weaker growth in the aftermath of a crisis, as long as policy makers fix the problems that caused the turmoil in the first place, the Bank for International Settlements said.
Afghanistan's government inched closer to bailing out the country's largest bank, setting aside hundreds of millions of dollars that could be used to keep Kabul Bank solvent, officials said.
NEW YORK, August 23 (newratings.com) - Analysts at Barclays Capital reiterate their "equal weight" rating on Corinthian Colleges Inc (ticker: COCO). The target price has been reduced from $13 to $8. [more]