A Maine seafarer said he had found the wreck of a World War II merchant ship off the Massachusetts coast, sunk while carrying a cargo of the precious metal platinum valued today at nearly $3 billion, an unprecedented find that has raised some doubts.
British and Swiss regulators Have stepped up their investigation into a $2.3 billion trading loss at UBS's London arm last September with the launch of a formal probe.
A German Muslim convert duo was arrested on entry into Britain with a stash of terror manuals on bomb-making. The two German Muslims admitted entering the country with terror manuals that also contained instructions on how to make homemade bombs. They also pleaded guilty to possessing documents that could be of use to terrorists, reported the Daily Mail. On July 15 last year, Christian Emde, 28, and Robert Baum, 23, were stopped by authorities from the South East Counter Terrorism Unit at Dover,...
Lower regulatory charges, cost cuts and strong demand for a wide range of services enabled Britain's BT to post solid third-quarter core earnings on Friday and lift aspects of its forecasts.
Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
As a tie-up between trader Glencore and miner Xstrata is hammered out in coming days there is plenty of scope for hard bargaining between the two sides' highly competitive South African bosses.
Venture capital firms are now placing more and bigger bets on Chinese internet companies, making China the second-largest recipient of venture capital financing in terms of deal volume for the first time in 2011.
Advanced Micro Devices' new chief executive delivered an enthusiastic pitch in his debut before Wall Street analysts, telling them he was getting the struggling PC chipmaker fit to fight in a quick-changing computer industry.
Britain's Supreme Court risks jeopardizing extraditions to many neighboring countries if it stops WikiLeaks founder Julian Assange being sent to Sweden for questioning over sex crimes, a lawyer for Swedish prosecutors argued Thursday.
An elite club of bankers traditionally close to London's mining companies stand to earn their firms a share of a $140 million fee pot if the proposed merger between Glencore and Xstrata succeeds.
Audi, the premium car brand of the Volkswagen Group , will launch seven new models in India and expand its dealers' network this year, as it looks to increase sales and market share in the luxury car segment.
Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
Angelo Dundee, the man who trained and guided Muhammad Ali and Sugar Ray Leonard to become boxing legends, died on Wednesday in Tampa, Fla. He was 90.
One Direction and Kevin the Pigeon: 5 Reasons To Give the UK Teen Pop Stars a Chance. If KPop just isn't your style but you're still looking to join up with a massive group of fans to support a fresh-faced pop band with manufactured beats then consider the UK sensation One Direction. The five-member boy band recently revealed they have a sixth member, and fans are tweeting along with Kevin the Pigeon in excitement.
Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
McDonald's recent announcement about not using pink slime - a mix of meat treated with ammonium hydroxide and used in fast food burger patties - has called termed as a victory for Naked Chef and food activist Jamie Oliver.
Samsung Galaxy S3, which has already generated significant interest among smartphone enthusiasts, is all set to carry on the legacy of Galaxy S2 and become the best device in the history of Android phones believe smartphone lovers.
Gold prices Thursday extended last month's rally after positive manufacturing from China to the Europe to the U.S. and Greece appeared close to a settlement with its creditors.
Factory activity rose in China, the United States and Germany in January, and the three manufacturing superpowers drove gains in global output even as Europe struggles with fallout from its festering debt crisis.
Prince William will be deployed to the Falkland Islands for the next six weeks to serve as a pilot for the Royal Air Force's (RAF) search and rescue helicopters.
As a protest for being evicted from their parking lot trailer home, Mateus and Leonor Silva returned last week to set the structure ablaze. Portugal, among several other European countries, are seeing social unrest after adopting severe austerity measures that have cut back on services for the needy, including the unemployed and homeless
Suzanne Greenaway, the coroner who oversaw the Amy Winehouse death examination, resigned in November, after authorities found out she lacked the proper credentials. The resignation was made public Wednesday. Now the late star's family is thinking of asking for a new investigation.