EXPLORING OPTIONS: Although the company's communications equipment and television set-top box units are smaller than its cellphone unit, they are profitable
Motorola, which in recent years has been unable to capitalize on the success of its popular Razr phone, said on Thursday that it was exploring the possibility of selling or spinning off its cellular phone business as a way to make the company more profitable.

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China announced a 5 billion yuan (US$700 million) fund yesterday to help farmers recover from the country's worst snowstorms in decades as companies reported mounting losses.

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NEXT IN LINE: Terry Semel, who was replaced as CEO by Jerry Yang, told Yahoo executives he wanted to leave the board months ago and helped find a replacement
Dethroned Yahoo chief executive Terry Semel left the struggling Internet firm's board of directors on Thursday.

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Google said it has seen no effect from a slowing economy on its advertising business, as it reported a 17 percent jump in profit and 51 percent growth in revenue in the fourth quarter.

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Aluminum Corp of China (中國鋁業) and Alcoa Inc bought a £7.2 billion (US$14 billion) stake in Rio Tinto Group, hindering BHP Billiton Ltd's plan to acquire the world's third-largest mining company.

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A South Korean court ruled yesterday that US private equity group Lone Star Funds and the head of its South Korean operations were guilty of stock price manipulation.

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■ ELECTRONICS