Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub.
Zappos, the online shoe and apparel retailer, urged its customers to change the password to their accounts, amid fears a cyber attack on the company's servers may have compromised names, e-mail and billing addresses, phone numbers and the last four digits of the credit cards of their 24 million customers.
Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Mass Eurozone ratings downgrades are unlikely to shake up investors too much, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
At a time when the impending untethered jailbreak for A5-powered devices (iPhone 4S and iPad2) is creating much buzz around the tech world, speculation on the features of Apple's next generation iPad - aka iPad 3 - are also keeping the enthusiastic minds of Apple fans busy.
Euro zone bank shares fell but stocks seen as resilient to an economic slowdown gained on Monday in the wake of Standard and Poor's mass downgrade of euro zone sovereign ratings, while the euro hovered near 17-month lows against the dollar.
Global leaders and businessmen urged Europe on Monday to take fresh steps to resolve its deepening debt crisis, with a top executive of the IMF warning the continent will see a downward spiral of collapsing confidence if no further action is taken.
Thousands of Chinese workers protesting over compensation and job security at a Sanyo Electric Co Ltd plant clashed with police in southern Shenzhen, media said on Monday, the latest outbreak of labor unrest in China's manufacturing hub.
Europe will see a downward spiral of collapsing confidence if no further action is taken, said David Lipton, first deputy managing director at the International Monetary Fund, urging a pause in monetary tightening for countries in which inflation has eased.
Global sales of Cognac, a variety of brandy has reportedly reached record levels last year owing to the increased level of exports to China, the BNIC French producers association mentioned.
Jon Huntsman will drop out of the Republican presidential race and will endorse frontrunner Mitt Romney, according to his campaign sources. He has informed his campaign advisers that he is quitting and is expected to make the announcement on Monday during a speech at Myrtle beach, South Carolina.
China's fledgling real estate investment fund market could see a surge of activity in 2012 as property developers launch their own vehicles in a desperate bid to bridge an estimated $111 billion financing gap in the year ahead.
Jon Huntsman will drop out of the Republican presidential race on Monday and endorse Mitt Romney, a senior Huntsman campaign official said Sunday night.
Financial markets are unlikely to be derailed by mass euro zone downgrades, but with Greek debt talks at an impasse, pressure has been loaded on the bloc to shore up its defenses and glimmers of optimism from last week have been firmly doused.
The U.N. chief told Bashar al-Assad Sunday to stop killing your people and the Syrian leader offered an amnesty for crimes committed during a 10-month-old revolt against him.
The countdown for the 2012 Golden Globes is nearly over, with just a few hours until the nominees step out onto the red carpet.
Iran said on Sunday it had received a letter from the U.S. government about the Strait of Hormuz, the crucial oil shipping lane that Tehran has threatened to close if sanctions prevent it exporting oil.
Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.
The 69th Annual Golden Globe Awards ceremony will air live Sunday night on NBC 8-11 p.m. EST from the Beverly Hilton in Beverly Hills, Calif. Here is a full list of the nominees, predictions of likely winners and all the after-party details.
Now that 153,000 people have exhausted themselves at the 2012 International Consumer Electronics Show in Las Vegas, an American visitor can't help thinking that the future of electronics is in Asia, not California's Silicon Valley or Texas.
The five-year slide in U.S. home prices will stop this year, followed by the start of a weak recovery next year, according to a Reuters poll that also showed economists split on whether the government would make new efforts to support the market.
