China’s passenger-vehicle market had its strongest start since 2010, while sales in India shrank for a third month, illustrating the contrast in automobile demand in the world’s two most populous nations. China’s wholesale deliveries of cars, multipurpose and sport-utility vehicles, rose 20 percent to 2.84 million units in January and February, according to the China Association of Automobile Manufacturers. India’s passenger vehicle deliveries in the same period fell 11 percent to 468,914 units,

ATHENS (AFP) ― Economic problems in Cyprus “directly” affect struggling Greece and the traditional allies will coordinate policies ahead of a European eurozone summit later this week, Greek Prime Minister Antonis Samaras said on Monday.“It is our common desire to strengthen coordination as our policies are characterised by shared views,” Samaras said after meeting with newly-elected Cyprus President Nicos Anastasiades.“Our relation with Cyprus is fraternal, nobody should forget that,” said Samar

Europeans bought 335,480 small sport-utility vehicles last year. None of them were built by French automakers. PSA Peugeot Citroen and Renault SA aim to change that with new models that they say will help them woo younger drivers ― and gain a foothold in a segment that has grown 45 percent since 2007 and that analysts expect to more than double by 2016. At the Geneva Motor Show this week, Renault is showing the Captur, a multi-purpose vehicle that extends a design renewal that started with the n

TAIPEI (AFP) ― Taiwan and the United States agreed to further strengthen economic ties on Sunday as they concluded their stalled trade talks ― the first since 2007 ― in Taipei.The meeting was seen as part of growing efforts by the trade-reliant island to break political barriers and sign free trade agreements to avoid being marginalised by a growing number of regional economic blocs.After the Trade and Investment Framework Agreement talks, Taiwan and the U.S. agreed to issue two joint statements

LOS ANGELES (AP) ― From Sports Illustrated to People to its namesake magazine, Time Inc., was always an innovator. But now when the troubled magazine industry is facing its greatest challenge, the company Henry Luce founded is struggling to find its way in a digital world. Time Warner Inc.’s decision to shed its Time Inc. magazine unit last week underscores the challenges facing an industry that remains wedded to glossy paper even as the use of tablet computers, e-readers and smartphones explode

Fujifilm Holdings Corp., a company better known for cameras and film, could help Microsoft Corp. and the personal-computer industry fight back against Apple Inc. Fujifilm is using its experience with silver to create bigger and more affordable touch-screen displays. Laptops and desktops sporting large touch-responsive panels are costly to produce because the sensors are made of a rare and brittle material called indium tin oxide, or ITO. Fujifilm and other companies, including Atmel Corp. and Un

Thousands march in cities across Spain protesting government austerity policies, unemployment

Bank of Japan governor nominee Haruhiko Kuroda said that the central bank will consider buying derivatives if he’s confirmed as governor and signaled a readiness for a quick expansion in monetary stimulus. “We will carefully consider such a proposal,” Kuroda, the Asian Development Bank chief, said in response to a lawmaker’s question in his second Diet confirmation hearing Monday. “There are opinions on whether it is a good or bad idea to enter the derivatives market to buy assets such as swaps,

Inflation up 3.2% on year as holiday season spending, rapid credit growth accelerated price rises

WASHINGTON (AP) ― The American job market isn’t just growing. It’s accelerating.Employers added 236,000 jobs in February and drove down the unemployment rate to 7.7 percent, its lowest level in more than four years. The gains signal that companies are confident enough in the economy to intensify hiring even in the face of tax increases and government spending cuts.Last month capped a fourth-month hiring spree in which employers have added an average of 205,000 jobs a month. The hiring has been f