EU tries to stay neutral in natural gas disputeAs Russia put the latest tightening twist on the gas valve to Ukraine on Monday, Europe steadfastly refused to become the arbiter in a price dispute in which both sides have weaker hands than in a similar standoff three years ago. Toyota to cut auto productionToyota Motor said Tuesday that it plans to halt production at all of its plants in Japan for a total of 11 days in February and March. New sense of frugality for young Chinese workersWeb sites and blogs popular among young Chinese professionals, who used to spend as much as they earned on consumer goods, are extolling the virtues of frugality as the global financial crisis bites China's economy. | |