China studies $13 bln investment in Spain banks

Chinese investors including the country's sovereign wealth fund may inject $13 billion into Spanish banks, a government source said on Wednesday after Spain's premier met financial authorities in Beijing. Concerns about delays

HTC overshadows Nokia at smartphone launches

The scale of the challenge facing Nokia in the all-important smartphones market was underscored on Tuesday when a powerful new handset from Taiwan's HTC overshadowed two new models from the Finnish giant.