Apple said it sold 5 million iPhone 5s, although some analysts had expected double.
Asian stocks markets mostly declined Monday as the excitement over the announcement of the QE3 by the U.S. Fed Reserve faded while concerns over the euro zone crisis and growth slowdown in China also weighed.
European markets fell Monday as investor confidence was weighed down by concerns that the debt crisis faced by the euro zone is intensifying amid disagreement between Germany and France.
Most of the Asian markets fell Monday as investor confidence was weighed down by the revival of concerns over the debt crisis affecting the euro zone and the economic slowdown faced by China.
Iran accused German manufacturer Siemens of sabotaging and booby-trapping parts purchased for its uranium enrichment program.
The release of Apple’s (AAPL) iPhone 5 could push the company’s stock prices up to $850, analysts have predicted. The highly-anticipated smartphone from Apple is expected to push out up to 6 million units in its first weekend alone, marking what could be the largest Apple handset launch in history.
Deutsche Bank is reportedly set to fire more than 500 employees in Germany, various financial media outlets reported Friday, but the Frankfurt-based bank is denying the reports.
The U.S. stock index futures point to a higher open Friday amid investor hopes that the stimulus measures announced this month by policymakers around the world will be able to rejuvenate global economic growth momentum.
Thursday's purchasing managers' indexes, or PMIs, reignited fears about global growth prospects, as no country can remain unscathed from the euro zone debt crisis.
U.N. diplomats and Holocaust survivors gathered at New York City's Museum of Jewish Heritage on Wednesday evening to commemorate Raoul Wallenberg, the Swede who saved thousands of Hungarian Jews.
The U.S. stock index futures point to a lower open Thursday as investor concerns about the faltering global economic growth were revived following Japan’s increasing trade deficit.
To celebrate the release date of the all-new iPhone 5 this Friday, Apple will also open five brand-new retail stores that very day in five different countries, including cities in Spain, France, Italy, and Germany. Apple will begin selling the iPhone 5 at 8 a.m. sharp local time in all 390 of its worldwide stores, but five of those stores will be opening their doors for the very first time. Here's a little bit about each of the five Apple Stores set to open later this week. iPhone 5 Release D...
FedEx's forecast cut, signs of stagnation in Germany, drops in oil price and looming political tensions spell trouble for the global economy.
Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.
The Iranian nuclear technology dance continued Tuesday as EU foreign affairs chief Ashton met with Iranian National Security Council Secretary Jalili.
The second largest computer manufacturer in the world, Lenovo Group Ltd (0992) has decided to acquire a U.S.-based software company Stoneware Inc that marks its venture into Cloud Computing, the Wall Street Journal has reported.
Apple Inc booked orders for over two million iPhone 5 models in the first 24 hours, reflecting a higher-than-expected demand for the consumer device giant's new smartphone and setting it up for a strong holiday quarter.
A French polling group found that 64 percent of France would vote against switching to the euro currency if the referendum were held today, but also are against moving back to the franc.
What are Iran's nuclear capabilities at present, and is a preemptive military strike necessary? A difference of opinion between German Chancellor Angela Merkel and Israeli Prime Minister Benjamin Netanyahu show that major world powers are at odds over these pivotal issues.
Freemium video games like "FarmVille 2" and "Angry Birds," the cheap and easily accessible counterpart to premium boxed copies of "Skyrim" or "Call of Duty" that run players upwards of $50 or $60 a sale, now make up more than half of the total market for video games in Europe, a new study shows.
The Dow Jones Industrial Average (DJI: DJI) gained another 53.51 points, or 0.40 percent, on Friday to close at 13,593.37, the highest level in nearly five years. However, many uncertainties remain. Here are four factors that could make -- or break -- the Dow's continued ascent.