Saudi Arabia will begin deep-water drilling in the Red Sea by the end of the year, says Khalid al Falih, president and CEO of Saudi Aramco, the world's largest oil company.
Though iPhone 5 is yet to be launched, hype over the handset is taking center stage. And when the next-generation iPhone does make its debut, it could well turn out to be one of the most spectacular handset unveiling Apple has ever seen, believes an analyst.
Is the U.S. economy headed for a recession before it fully recovers from the last one? There's no better indicator to watch than trash.
The U.S. Department of Labor (DOL) is set to adapt a tougher visa regime that makes getting H-1B nonimmigrant visas harder for the U.S. companies. Once implemented, the DOL decision will hurt several companies that hire cheap and skilled workers from countries like India and China.
Toll Brothers Inc, Nokia Corp, Delhaize Group, First Solar Inc, Yelp, CenturyLink, Carnival Plc and Travelers Companies are among the companies whose shares are moving in the pre-market trading Wednesday.
After a weekend of aggressive display of nationalism, the Chinese government and media sought to ease the public's anti-Japan hostilities that erupted in major cities across China over a group of islands in the East China Sea claimed by both the nations.
Asian stock markets declined Wednesday as weaker-than-expected Japanese trade data dampened sentiment.
Japan reported Wednesday a rise in trade deficit in July compared to the previous month with a decrease in exports and an increase in imports, raising concerns of the global economic condition.
Most of the Asian markets fell Wednesday as investor confidence was weighed down by the report that Japan's trade deficit increased in July, raising more concerns about the faltering global economy.
Asian shares fell Wednesday morning after recent rally, but the euro held near a seven-week high on hopes the European Central Bank will act to rein in surging euro zone borrowing costs and policymakers will find ways to keep Greece on lifelines.
A top Syrian said Tuesday the government is prepared to discuss the exit of President Bashar al-Assad, but his resignation cannot be a precondition for talks.
Dell (Nasdaq: DELL), the No. 3 PC maker, reported second-quarter results that missed analyst?s estimates. Worse, the company said it expected third-quarter performance to fall below expectations.
Royal Dutch Shell announced plans to spend at least $1 billion a year exploiting China's supply of shale gas, Reuters reported. The news came from the energy firm's head executive in China, Lim Haw Kuang, who responded to Reuters' questions about the alleged $1 billion-a-year plan to invest in the potentially vast natural gas trove.
Controversial film directors Michael Moore and Oliver Stone joined forces to pen an op-ed Monday in The New York Times in support of WikiLeaks founder Julian Assange's effort to seek political asylum in Ecuador.
Beijing's flood disaster in July was viewed by many as proof that Chinese cities are ill-prepared for such catastrophes.
At one point, Mintoff said Malta was part of the ?Arab world? ? a stark symbolic separation from its long British identity.
Russia and China have repeatedly rejected moves by the United Nations Security Council to pressure Bashar al-Assad.
Here's a look at photos of the Miss World 2012 winner, Wenxia Yu, and past winners throughout the years.
The northeastern Chinese city of Tianjin announced a four-year plan to invest 1.5 trillion yuan ($236 billion) to stimulate industrial growth, Bloomberg News reported Tuesday. The Communist Party's Tianjin Daily also reported that investments have been announced for 10 industries, including petrochemicals and aerospace.
Glencore International PLC (LON: GLEN), a commodity trading company based in Baar, Switzerland, has said it is prepared to bow out of talks to buy Xstrata PLC (LON: XTA) rather than give in to a demand for more money from a major shareholder of the giant mining company.
Urban Outfitters, China Unicom, Nokia Corp, Deutsche Bank, Unilever, Frontline, Groupon and Cummins Inc. are among the companies whose shares are moving in the pre-market trading Tuesday.
The real estate erosion has gone global. Home prices are down in 12 of 21 countries tracked by the Economist on an annual basis in July, and five additional countries experienced slower growth.
