Pressure eased on Europe's government debt market Wednesday, with Italian borrowing costs back below the 7 percent level viewed as unsustainable after the European Central Bank was seen buying up bonds.
The European Central Bank stepped in to stem an accelerating selloff of euro zone government bonds on Wednesday, traders said, after the United States called for more decisive action to halt the spreading sovereign debt crisis.
President Barack Obama and Australian Prime Minister Julia Gillard Wednesday unveiled plans for a deepening of the U.S. military presence in the Asia-Pacific, starting with thousands of U.S. Marines operating out of a de facto military base in the Australian port of Darwin.
Australia's Qantas Airways is hopeful of reaching an agreement with three key unions by a November 21 deadline, its chief executive said on Wednesday, after it grounded its fleet last month in a desperate bid to end industrial disputes.
Hollywood heartthrob Brad Pitt, 47, said he would not appear in the big screen anymore probably after 3 years.
Australia's Qantas Airways is hopeful of reaching an agreement with three key unions by a November 21 deadline, its chief executive said on Wednesday, after it grounded its fleet last month in a desperate bid to end industrial disputes.
The beaches affected by the New Zealand oil spill reopen on Wednesday.
Staples Inc. saw its third-quarter earnings jump 13 percent as the company implemented effective cost-consolidating methods, but overall sales growth did not meet expectations from sluggish spots in Europe and Australia.
Thanksgiving, the U.S. holiday that anyone who likes to eat loves to celebrate, is just a week away and experts agree there is not one perfect wine to accompany the feast, but many.
Dance, sing, and laugh your way around the world with these hysterical videos.
An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.
Canada released a new C$100 bill made of plastic on Monday, its first step in replacing an entire series of banknotes to thwart counterfeiters and persuade retailers it's safe to accept big bills.
Staples Inc , the largest U.S. office supply retailer, reported lower-than-expected quarterly sales, hurt by weak demand in Europe, and cut its profit forecast for the year.
The entire affair paints a poignant picture of the idea of freedom of religion in Iran, where Zoroastrians are vulnerable to pressures of conversion, official retaliation and discriminatory practices in employment and education.
All Blacks winger Zac Guildford apologized for stumbling naked and drunk into a bar and allegedly assaulted two people.The incident happened in the small South Pacific nation of the Cook Islands.
An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.
If all goes well, India's relation with Australia could change forever, as its Prime Minister Julia Gillard is pushing to lift ban on sales of uranium to India.
Qantas is celebrating Movember by flying a mustache-clad Boeing 737.
There are about 900,000 buildings in the five boroughs of New York City, the city Department of Buildings predicts, and a lone Brooklyn artist is attempting to draw them all.
President Barack Obama spent a weekend reiterating his belief the United States' economic future rests upon success across its westward ocean, engaging in the leaders of 21 nations in the Pacific Rim during the Asia-Pacific Economic Cooperation summit in Hawaii.
Ivanhoe Mines said on Monday that construction at its Oyu Tolgoi copper-gold project in Mongolia will be 70 percent complete by the end of 2011, with commercial production seen in the first half of 2013.
India's headline inflation was unchanged in October, worse than forecast and above the 9 percent mark for the eleventh straight month.