Taiwan's Acer Inc reported a worse-than-expected quarterly loss, the first in company history, hurt by charges for an inventory write-off and reorganization, and said it would be impossible to break even for the full year.
With maximum sustained winds of 110 miles (175 kilometers) per hour, hurricane Irene is heading toward the Carolina states in the U.S. and is just 955 miles (1,535 kilometers) of North Carolina.
WPP, the world's largest advertising group, expects to feel the impact of the economic slowdown in 2012, it warned on Wednesday, as it reported strong first half results bolstered by emerging markets and digital.
The Washington Monument will be closed indefinitely to the public after engineers found cracks in the stones at the top of the structure.
World stocks fell on Wednesday as European investors shuffled positions ahead of a Jackson Hole speech by Federal Reserve Chairman Ben Bernanke and Japanese shares sold off following a Moody's downgrade.
WPP Plc, the world's largest advertising group, said it would plan for 2012 on a conservative basis, although strength in emerging markets has so far helped it to post 7-month growth broadly in line with its annual forecast.
Here are a few maps that explain the Aug. 23, 2011 earthquake in Virginia, its locations, shocks that were felt across eastern U.S., damages it caused and more.
China's Commerce Ministry said it had not received an application for regulatory approval from Google Inc on its planned $12.5 billion purchase of Motorola Mobility Holdings.
The Group of 20 leading and emerging nations has not done enough to correct global imbalances, and this could provoke more financial instability, a top Bank of Canada official said Wednesday.
Chinese social-networking site Renren said Wednesday it has signed an agreement with Microsoft's joint venture instant messaging firm, MSN, to cooperate in areas of instant messaging and social networking.
U.S. tech giant Hewlett-Packard Co has filed a case against AU Optronics, saying the Taiwanese company conspired to fix the prices of thin film liquid crystal display panels, court documents show.
Chinese social-networking site Renren said on Wednesday it has signed an agreement with Microsoft's joint venture instant messaging firm, MSN, to cooperate in areas of instant messaging and social networking.
Brent crude prices steadied above $109 Wednesday as investors pinned their hopes on the U.S. Federal Reserve to inject fresh stimulus to boost the world's largest economy.
The U.S. ambassador made a surprise trip to a southern Syrian town Tuesday, his second visit to an area rocked by protests against President Bashar al-Assad and a move likely to antagonize the authorities in Damascus.
If doubts about U.S. government credit quality and the country's long-term growth horizon have seen its 10-year borrowing costs fall by a third, it's a wonder anyone pays heed to ideas of unsustainable sovereign debts.
Hurricane Irene strengthened back into a Category 2 storm as it approached to the Bahamas early Wednesday, the U.S. National Hurricane Center said.
Asian shares fell on Wednesday as a rally fueled by speculation that the Federal Reserve may signal further moves to support the struggling U.S. economy swiftly petered out, while gold rebounded from its sharpest one-day slide in 18 months.
The Washington Monument has been closed to the public after Tuesday's earthquake, and will remain so until a proper safety assement can be completed, officials said.
Asian shares fell Wednesday as a rally fueled by speculation that the Federal Reserve may further shore up the struggling U.S. economy swiftly petered out, while gold rebounded from its sharpest one-day slide in 18 months.
Gold rebounded more than 1 percent Wednesday after posting its biggest drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support.
Moody's Investors Service cut its rating on Japan's government debt by one notch to AA3 on Wednesday, blaming a build-up of debt since the 2009 global recession and the revolving-door leadership that has hampered effective economic strategies.
The job market might be tight for everyone, but when it comes to women working in the television industry, times are especially tough.
