BMW AG , the world's largest premium carmaker, is recalling about 1.3 million cars for repair worldwide due to a possible problem with a battery cable cover in the trunk, the carmaker said on Monday.
After years of strong growth, China's biggest banks could face a slump in 2012. Analysts warned that an economic slowdown could trigger defaults by real estate developers and the increase in bad loans would erode Chinese banks' profitability this year.
As heads of state gathered for talks, demonstrators chanted: No nukes Asia, no nukes Korea, No nukes [America], no nukes anywhere! Many cited the disaster at power plants hit by the March 2011 earthquake and tsunami in Japan as proof of nuclear power's inherent risks.
iWorld rumors are now focusing on next generation iPhone, dubbed iPhone 5. Apple iPhone 5 release date is one of the hottest topics among the rumors and the latest buzz is that Apple could surprise everybody by letting iPhone 5 debut in June.
Gold prices rose 1 percent on Monday after comments from U.S. Federal Reserve Chairman Ben Bernanke that faster growth will be needed to boost employment supported expectations that further quantitative easing measures may be necessary.
Apple CEO Tim Cook has been spotted in China, at the Beijing Xidan province Apple Store, which many believe to be the company's largest in terms of sales. But many Apple-rumor gurus believe that Cook's trip to Beijing was for far more than met the eye.
Gilani will also meet directly with President Barack Obama to try to repair the fractured ties between Pakistan and the U.S.
The United States and Turkey are formulating a plan to send non-lethal aid to Syria's embattled dissidents, a White House deputy national security adviser told reporters in Seoul on Sunday.
Does a patient's environment play a role in their recovery? While some studies say yes, others are still skeptical.
Qantas Airways Ltd. and China Eastern Airlines Corp., are teaming up to launch Hong Kong's first budget airline in a bid to cash in on the fast-growing Chinese aviation market.
When it became clear that Steve Jobs was very ill, everybody was wondering who will take the lead, and whether the successor would ever fill Jobs' huge shoes. Steve Jobs was, after all, an incredible visionary, a creative genius, and many believed that Apple would dramatically fail without him.
Australia has blocked China's Huawei Technologies Co Ltd HWT.UL from tendering for contracts in the country's $38 billion National Broadband Network (NBN) due to cyber security concerns, Huawei said on Monday.
Leading up to the nuclear summit in South Korea this week, Obama and Hu both expressed their serious concern about the launch, which was first described by North Korea as a peaceful launch of an earth observation satellite.
The Ifo Business Climate Index in Germany, a key business confidence report from one of the largest think tanks in the country, showed little change in March from February, indicating the slowdown in recovery.
Annan has already received support for the plan from Russian president Dmitry Medvedev and foreign minister Sergey Lavrov
A Tibetan exile set himself on fire during a protest against the upcoming visit of Chinese President Hu Jintao to India in New Delhi on Monday.
Continuing his tirade against the West, Iranian President Mahmoud Ahmadinejad said the US and NATO can no longer dictate policy for the rest of the world and warned that the NATO policy in Afghanistan and other countries would make Western relations with Pakistan worse.
Futures on major U.S. stock indices point to a higher opening Monday ahead of pending home sales data and a speech by Federal Reserve Chairman Ben Bernanke.
Asian stock markets ended with modest gains in lackluster trade Monday as concerns over the economic slowdown in China weighed on the sentiment.
China Petroleum & Chemical Corp. (Sinopec) announced on Sunday a 2 percent rise in profit for the year 2011 thanks to higher oil prices and increasing fuel sales.
The top aftermarket NYSE gainers Friday were: Teekay Tankers, Armstrong World Industries, CapitalSource, Convergys Corp, Emergent Biosolutions and ExactTarget. The top aftermarket NYSE losers were: China Ming Yang Wind Power Group, HFF, Ion Geophysical Corp, ExamWorks Group, Superior Energy Services and SouFun Holdings.
South Korea wrested one-upmanship from the belligerent North on Monday by issuing a stern warning that it might shoot down a rocket that Pyongyang is planning to launch next month.
