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A tiny sensor has caused big headaches for the aircraft manufacturing industry because of State Department concerns about foreign sales of the part.
The world's largest retailer, Wal-Mart, plans to open its first store in China's biggest city, Shanghai, at the end of this month, the company said Friday.
Samsung Electronics Co., the world's largest memory chipmaker, said Friday that second-quarter profit fell 46 percent largely due to a sharp price drop for computer chips.
Japan's current account surplus contracted 19.5 percent in May from a year earlier, hurt by sluggish exports and an inflated import bills caused by soaring oil prices, the government said Wednesday.
Stocks meandered to a mixed finish Tuesday as higher oil prices pressured the market, but the Standard Poor's 500 index neared a four-year high in a sign of Wall Street's underlying bullishness.
US extended their advance Monday on news of dropping oil prices and a bevy of corporate mergers. Oil prices fell for the third straight day, dropping more than $1 a barrel after Hurricane Dennis missed key Gulf of Mexico refineries, avoiding a disruption in fuel supplies.
AirAsia, Southeast Asia's leading budget carrier, said Tuesday it has resumed talks with Hong Kong on launching flights there, saying the territory's officials seem open to the possibility.