Icelanders vote in a referendum on Saturday on a $5 billion deal to repay Anglo-Dutch loans, with an expected resounding No set to further delay foreign aid and hopes for economic recovery.
China is pushing for the yuan to be added to the basket of currencies that comprise the IMF's special drawing rights, aiming for its inclusion in 2015, Japanese daily Sankei Shimbun said on Saturday.
Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets later in the month, easing concerns that manufacturing constraints could delay launch.
Sarah Ferguson, the Duchess of York, announced plans on Friday to deploy an army of mothers worldwide as part of an Internet-based network to connect women in need with people ready to help.
Hewlett-Packard Co said it has lowered its first-quarter results by 3 cents a share as a result of years-old litigation involving EDS, which the company bought in 2008.
EU nations assured financing to bolster military transport strength on Friday by reaching a deal to cover cost overruns for the 3-year delay in the A400M heavy lift plane program.
Apple officially set the release date of its highly-anticipated iPad for April 3, after months of speculation about when the device would become available to the public.
European nations on Friday have reached an agreement in principle to finance cost overruns on the long-delayed a400m heavy lift transport aircraft, a German Defense Ministry spokesman said Friday, according to the Associated Press.
Apple Inc said the first iPads will be in U.S. stores on April 3 and hit nine international markets from Japan to the United Kingdom later in April.
Britain's Prudential Plc may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's AIA, sources directly involved with the deal said on Friday, allowing the bulked-up insurer to focus on key markets.
Iceland walked away from talks on Friday with the Netherlands and Britain over debts related to the 2008 collapse of its banking system, a source familiar with the matter told Reuters.
British Prime Minister Gordon Brown told an official inquiry into the 2003 invasion of Iraq on Friday that going to war had been the right decision and that he had provided the necessary funding for military action.
Apple Inc said on Friday that U.S. sales of its iPad tablet would kick off on April 3 and international sales would start later in April.
The Office of Fair Trading said it was considering whether Procter & Gamble's acquisition of Sara Lee's air freshener unit should be investigated by European authorities.
Britain's Prudential Plc may quit some countries in Asia should it seal a $35.5 billion buy of American International Group's AIA.
Iceland's economy grew briskly in the latest quarter, its best performance since the country's financial system nearly collapsed in 2008 and a rare dose of positive news ahead of a referendum over foreign debts.
Icelanders are set to reject the terms for repaying Anglo-Dutch debts in a referendum on Saturday, forcing new negotiations with creditors and delaying financial aid the country needs to fix its shattered economy.
A tax question holding up American International Group Inc's sale of its foreign life insurance unit to MetLife Inc is expected to be resolved favorably, clearing the way for a roughly $15 billion deal, sources familiar with the matter said on Thursday.
A much larger than forecast narrowing in Australia's trade deficit added some support to the Aussie dollar in local trade yesterday however resistance above 0.9050 saw it slide lower in afternoon exchange.
Skype and Nokia have released a new Skype client for the Symbian mobile OS.
The debate about fixing the financial crisis seems to be missing a key factor -- a broad ethical discussion of what is the right and wrong thing to do in a modern economy.
The U.S. stock market erased morning gains to trade negative for the day, despite declining unemployment claims, better than expected sales from retailers, and Greece's successful auction of its 10-year bonds.
