Palestinian President Mahmoud Abbas said Thursday he did not wish to run for re-election in January, voicing disappointment at Washington for favoring Israel in arguments over re-launching peace talks.
Sanyo Electric Co Ltd plans to ramp up investment in its battery and solar business as the world's largest maker of rechargeable batteries moves closer to being acquired by Japan's Panasonic Corp, a senior executive said in an interview on Thursday.
Irish rockers U2 were among the early winners at the MTV Europe Music Awards on Thursday, picking up the best live act award hours after treating 10,000 fans to a free concert in front of Berlin's Brandenburg Gate.
Oprah Winfrey has not yet made a decision on a possible move of her syndicated chat show -- one of the TV industry's biggest money makers -- to her new cable network OWN, her production company said on Thursday.
Widespread recovery doubts; More Caught in Trading Scandal; Microsoft-Yahoo Pact May Go Global
U.S. Secretary of State Hillary Clinton on Thursday said a draft nuclear cooperation deal between Iran and three major powers will not be changed and urged Iran to accept it as is.
Malawi threatened on Thursday to arrest protesting villagers blocking construction of Madonna's multi-million dollar girls academy, a new controversy for the singer in the African country where she has adopted two children.
The U.S. Congress approved more aid for jobless workers and broadened tax breaks for homebuyers and businesses on Thursday and sent the measure to President Barack Obama to sign into law.
With a close vote looming in the U.S. House of Representatives, President Barack Obama's push for healthcare reform was boosted Thursday by the support of powerful lobbies representing doctors and seniors.
A U.N. climate treaty may need an extra year beyond a December deadline to agree details, delegates at U.N. talks said on Thursday even as a U.S. Senate committee approved a carbon-capping bill.
He may not be a household name in the United States, but Michael Fassbender is fast becoming one of the hottest young stars in Hollywood.
U.S. stocks jumped on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending.
The current economic climate is favorable for French wind and solar power company EDF Energies Nouvelles as equipment prices remain low and banks are more prepared to lend, its chief executive said.
An international pact and U.S. legislation to tackle climate change will hit oil refiners' profits and may force some to shut some capacity, Thomas O'Malley, chairman of Swiss refiner Petroplus, said on Thursday.
U.S. Senator Charles Schumer called on the Obama administration on Thursday to block the use of any U.S. economic stimulus funds for a wind farm project in West Texas that would use turbines built in China.
Verizon Wireless said on Thursday that it would sell an HTC Corp phone based on Google Inc's Android system for $99.99, potentially putting pressure on smaller carrier Sprint Nextel Corp .
Investing in wind power offers safer, less volatile returns in the current market environment than the solar sector, a fund manager of KBC's asset management arm told Reuters. We as investors like strong, steady growth, which is why we currently favor wind more than solar, which is expected to see more volatility in the short term, said Treasa Ni Chonghaile, manager of KBC's Eco Alternative Energy fund.
Charles Schwab Corp expects to waive about $100 million in money market fees in the current quarter, up 28 percent from the previous quarter, the largest U.S. discount brokerage said on Thursday.
U.S. stocks rose sharply on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending.
GM cited improving business conditions and the strategic importance of Opel, its European backbone, which also provides technology the group uses around the world.
U.S. business productivity grew at its fastest clip in six years in the third quarter and new claims for jobless aid fell to a 10-month low last week, suggesting the labor market may be starting to bottom out.
Fiat SpA Chief Executive Sergio Marchionne on Wednesday delivered a long-awaited plan intended to turn around Chrysler over the next five years.
