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SAN FRANCISCO, Nov. 21 (Xinhua) -- Hewlett-Packard Co. (HP) on Monday reported that its profit in the most recent quarter fell more than 90 percent with sales also declining.In the company's fourth quarter of fiscal 2011 ended Oct. 31, the company posted net earnings of 239 million U.S. dollars, compared with 2.54 billion dollars in the same period a year earlier.HP's net revenue for the quarter reached 32.1 billion dollars, down 3 percent year-on-year.Excluding one-time items, HP earned 1.17 dollars per share, which topped estimates of analysts.According to Thomson Reuters, analysts had expected earnings of 1.13 dollars per share on revenue of 32.05 billion dollars.It was the first earnings report since Meg Whitman took over as chief executive officer (CEO) of the information technology giant on Sept. 22, replacing Leo Apotheker."HP has a great opportunity to build on our strong hardware, software, and services franchises with leading market positions, customer relationships, and intellectual property," Whitman said in a statement after the earnings announcement."We need to get back to the business fundamentals in fiscal 2012, including making prudent investments in the business and driving more consistent execution," she added.

DOHA, Jan. 18 (Xinhua) -- Government should forge close ties with its people and listen to their opinions, Chinese Premier Wen Jiabao told reporters when asked his opinion on the situation in West Asia and North Africa.Wen said he made it clear during talks with Gulf states' leaders that government should respect the people's appeals in defending their own interests, for it is the people who created history. The responsibility for any government is to bring benefits to its own people, he added.In today's information-rich world, governments face more complexity in governing, and policy and planning coordination. In such circumstances, people's demands on government are also growing, Wen said.By keeping close ties with its people and listening to their opinions, governments could better develop the economy, improve people's livelihoods and bring benefits to them, he said.A responsible government should firmly and bravely shoulder its responsibility without pursuing special gains for itself, Wen said.

ATHENS, Jan. 20 (Xinhua) - A seven- month- old Libyan baby died in an Athens Children's hospital on Friday in the first fatality linked to the H1N1 flu virus of the new year in Greece, local authorities reported.According to local media reports citing Greek doctors who treated the boy, he had been infected with the virus in Libya, where he was diagnosed with common flu and received insufficient therapy, before transferred to Greece.An Ukrainian woman who is being treated in another Greek hospital for pneumonia is the second severe case of the swine flu to be reported in the country this season.Last year deaths caused by the H1N1 virus in Greece climbed exceeded the 100 victims and many more patients were treated for complications caused by the virus which first emerged in 2009 in Asia and developed into a worldwide pandemic.Greek Centre for Disease Control and Prevention (KEELPNO) experts noted that Greece does not face a high risk so far this year, but suggested to people of vulnerable groups that reach up to 1.5 million persons in Greece, to get vaccinated.Last year's high number of fatalities was attributed to the fact that several people who should have been vaccinated, skimped vaccination which is not obligatory.

LOS ANGELES, Dec. 21 (Xinhua) -- The late Apple co-founder Steve Jobs will be honored posthumously with a Grammy award for his contributions to music technology, The Recording Academy announced on Wednesday.Jobs, who passed away Oct. 5 of pancreatic cancer, will receive a Trustees Award for helping create products "that transformed the way we consume music, TV, movies and books," the academy said in a prepared statement.The Apple Computer Inc. first received a Technical Grammy Award in 2002, for contributions of outstanding technical significance to the recording field, the academy said.Along with Jobs, bandleader and composer Dave Bartholomew, recording engineer Rudy Van Gelder will also receive the award.The academy also picked the Allman Brothers, Glen Campbell, Diana Ross and Brazilian pianist/singer/guitarist Antonio Carlos Jobim as recipients of Lifetime Achievement Awards. Jobim was known for composing "The Girl from Ipanema," a worldwide hit in the mid-1960s which won a Grammy for Record of the Year in 1965.Other artists, including trumpeter Wayne Jackson, saxophonist Andrew Love of the Memphis Horns,country legend George Jones,and the late Gil Scott-Heron were also named as recipients.German sound-technology firm Celemony and the late audio engineer Roger Nichols, who worked with artists including Ross, Placido Domingo, James Taylor and Stevie Wonder, were recognized with Grammy Technical Awards."This year's honorees offer a variety of brilliance, contributions and lasting impressions on our culture," said President/CEO of The Recording Academy Neil Portnow. "It is an honor to recognize such a diverse group of individuals whose talents and achievements have had an indelible impact on our industry."The honorees will be formally acknowledged during the 54th Annual Grammy Awards telecast at Staples Center in downtown Los Angeles on Feb. 12, 2012.