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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.
BEIJING, Jan. 3 (Xinhua) -- A collection of China's nine white papers issued in 2011 has been published in both Chinese and English, according to a statement issued by the publisher on Tuesday.By giving a clear and precise illustration of China's policies, principles and progress in subjects like national defense, law, climate change and international trade, the white papers can help the world know about, and understand, China, the statement said.The white papers are titled, "China's National Defense in 2010," "China's Foreign Aid," "Sixty Years Since the Peaceful Liberation of Tibet," "China's Peaceful Development," "The Socialist System of Laws with Chinese Characteristics," "New Progress in Development-oriented Poverty Reduction Program for Rural China," "China's Policies and Actions for Addressing Climate Change (2011)," "China's Foreign Trade" and "China's Space Activities in 2011."The white papers were all published by the Information Office of the State Council on behalf of the Chinese government.The latest one on space activities was issued last Thursday.
DOHA, Jan. 18 (Xinhua) -- Visiting Chinese Premier Wen Jiabao said here Wednesday that the Strait of Hormuz should be kept open under all circumstances and Beijing opposes "any extreme acts" at the strategic passageway."Any extreme acts across the Strait of Hormuz, under whatever circumstances they are taken, are against the common interests and aspiration of the people across the world," Wen told a press conference during his official visit to Qatar.The Chinese premier said that cargo transportation through the strait should be protected because it concerns the interests of the whole humanity.Chinese Premier Wen Jiabao attends a press conference in Doha, capital of Qatar, Jan. 18, 2012.China maintains that the Iranian nuclear issue should be resolved through peaceful means, he said, adding that Beijing supports the political process between Iran and the Iran Six, a diplomatic group made up of the United States, China, Russia, Britain, France and Germany.China firmly opposes Iran producing and possessing nuclear weapons and will work with concerned parties to establish a nuclear-free Middle East, Wen said, while stressing that China will not trade its principles for profits.However, just like many other countries, China has also kept "normal" and "justified" trade with Iran, which should be protected, Wen said, adding that should normal trade not be protected, the normal international order would be disturbed."I am not worried about the the normal trade between China and Iran at all," Wen told reporters.Wen arrived in Doha on Wednesday morning after concluding an official visit to the United Arab Emirates.
NANJING, Jan. 7 (Xinhua) -- Police authorities in China's eastern Jiangsu Province on Sunday intensified their search for the suspect in an armed robbery in the province.Police have increased patrol and initiated a blanket search for the male suspect, who shot and robbed a man in front of a bank in Nanjing, the provincial capital, on Friday, the provincial public security bureau said in a statement.In Nanjing, special armed police and police cars have blocked major roads, with many others searching in public places. Two helicopters are used to facilitate the search.The provincial police authorities also offered a reward of 100,000 yuan (15,850 U.S. dollars) for information leading to the arrest of the man believed to be in his 40s.The suspect shot a man who had just finished withdrawing 200,000 yuan in front of a bank on Nanjing's Dongmen Street at 9:50 a.m. Friday. The robber then took the money and hopped in a car that sped away from the scene of the crime, Pei Jun, deputy chief of the Nanjing public security bureau, said Friday.Pei said the suspect is believed to have used a gun to kill six people and injure another two in six robberies that took place in Changsha, capital of Hunan Province, and Chongqing municipality since 2004.Firearm possession is illegal in China.
BEIJING, Oct. 7 (Xinhua) -- Chinese scientists are developing new methods like spraying or dropping hepatitis vaccines into people's noses to replace traditional injections, according to a leading expert on immunology.Such researches were sponsored by a key national science project, according to Wen Yumei, an academician of the Chinese Academy of Engineering, also the chairwoman of the 14th International Symposium on Viral Hepatitis and Liver Disease, which is scheduled to be held in Shanghai next July.At a press conference held here Friday for the symposium, experts believed that broad-coverage inoculations is an effective way in facilitating the country's goal in controlling Hepatitis B.China's Ministry of Health has also credited its national immunization program for having protected about 80 million people from being infected with the Hepatitis B virus (HBV) in the 19 years after 1992.Recent report showed that about 93 million Chinese are HBV carriers, accounting for more than a quarter of the world's total.