Saturday, March 4 marks the start of the Iditarod 2012 when mushers from around the world will embark on a 1,150-mile trail of some of the roughest, most beautiful terrain Mother Nature has to offer.
Private equity firm CVC Capital Partners announced on Wednesday the 1.8 billion euro ($2.4 billion) acquisition of technical products wholesaler Ahlsell from Cinven and Goldman Sachs Capital Partners, marking Europe's largest private equity deal in almost a year.
CVC Capital Partners is to buy Nordic construction products and machinery distributor Ahlsell from Cinven and Goldman Sachs Capital Partners for 1.8 billion euros ($2.4 billion), in Europe's biggest private equity deal since last summer.
Japan's Nikkei average
retreated from a seven-month high Tuesday as traders
took profits ahead of a key selling level, while the chip sector
suffered losses after Elpida Memory Inc said it will
seek bankruptcy protection.
The annual military exercise, known as Key Resolve, will involve around 200,000 South Korean and 2,100 U.S. troops in what officials from both countries have stressed is a routine training exercise.
Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout fund.
The much-awaited Samsung Galaxy Tab 2, 10.1-inch version, was announced Saturday ahead of the Mobile World Congress. The device is an update to its Galaxy Tab flagship and would be running on Ice Cream Sandwich with Samsung's TouchWiz UI skin. The tablet has also got a nice feel to it - it's lightweight and slim. It is a definite competitor to drive away the market share of the much-rumored Apple iPad 3.
Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent more fallout from the euro-zone's sovereign-debt crisis.
The European Commission wants euro zone leaders to overcome German objections and back a bigger rescue fund to nudge the IMF into helping troubled European economies, the EU's top economic official said on Thursday.
The Organization for Economic Cooperation and Development released a report Tuesday calling on Germany to raise its property taxes dramatically. The group has also called on Denmark, Norway, and the U.K. to do the same.
Morgan Stanley was left holding a 7 percent stake in Denmark's TDC , or nearly half the total amount that it had tried to sell to institutions earlier this week in a deal which raised $1 billion for the telecom operator's main shareholders.
Unemployment in Britain stayed relatively flat at the end of 2011, rising its smallest amount in nearly a year between the months of November and December. Compared to the rest of Europe, the UK is right in the middle.
Delays in U.S. and international orders for Lockheed Martin Corp's new F-35 fighter jet will increase its total cost, Lockheed and U.S. officials said on Tuesday, as Italy announced a cut in spending on the warplane.
Moody’s has cut the debt ratings of Italy, Spain and Portugal and put France, UK and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis.
Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.
Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.
International business opportunities and trends depend on several broad factors: the economic growth of these countries, the ease of doing business there and the friendliness of their trade policies.
Washington's plan to further slow production of the F-35 Joint Strike Fighter is prompting its eight foreign partners to rethink their own orders, threatening a vital revenue stream for Lockheed Martin Corp and slowing its drive to make the stealthy new fighter jet as affordable as promised.
Architecture firm Bjarke Ingels Group (BIG) has designed a fluorescent heart to mark Valentine's Day in New York's Times Square.
European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.
European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.
Spain has the highest jobless rate in the euro zone (22.9 percent), while Austria has the lowest (4.1 percent).
