Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus, the big four companies of the grain market, are doing all right as gobal food prices spike. According to non-profit groups, they are doing so partially at the expense of hungry people.
Banco Santander's announcement that it would be spinning off nearly one quarter of its Mexican unit in an initial public offering later this month was greeted by the markets as a seemingly win-win-win proposition. But the move by the large Spanish bank only highlights the increased dependence Iberian banks have had on their overseas branches over the past few years and how, in an effort to now package off those units and sell them, they could be killing the hen that's been laying the golde...
Ailing Finnish smartphone maker Nokia Oyj (NYSE: NOK) is betting the company that two new Lumia smartphones based on the new Windows 8 OS from Microsoft (Nasdaq: MSFT), the world's biggest software company, will be international hits.
India and China will resume joint military exercises in an effort to strengthen the shaky relationship between the two most populous countries on earth.
He's practically the devil incarnate to the Republican Party, but no president since President Franklin D. Roosevelt has had to address as many serious economic, financial and foreign policy problems as President Barack Obama. Further, Obama's relative success addressing these problems, and the Republican Party's callousness, will lead to Obama's re-election in November.
Friday's verdict in favor of Russian oligarch Roman Abramovich closes a case that has brought to (some) light the shady underworld of Russian capitalism during the 1990s.
It seemed everyone was claiming their crystal ball has been right in anticipation of a much-hyped speech by the world's most powerful central banker, who managed to turn the attention of traders around the world to his podium in bucolic Jackson Hole, Wyo. Friday. They were all right and, as usually happens in such cases, they were also all wrong.
As climate change warms the world's oceans and Arctic sea ice recedes to its lowest -ever recorded levels, China has taken advantage of it -- and may soon reap commercial benefits
Britain in the early 1980s found itself in dire need of a happy jolt
The state-controlled Air Koryo has a fleet of about thirty, mostly older Russian-made aircraft, and flies to 14 foreign airports in six countries -- including, of all places, Kuwait.
John McCain's convention speech, which blasted Obama's foreign policy, reeked of American exceptionalism and broadly encouraged the United States to make itself the world's policeman.
Rand Paul relentlessly pounded his disingenuous "You Did Build That" catchphrase during his Ayn Randian speech at the Republican National Convention in Tampa, Fla., Wednesday night.
What do conspiracy theorists and free market ideologues have in common? They both deny climate change, according to a recent psychological study conducted b y the University of Western Australia.
Prostitution is rising to dangerous levels in Madagascar, and this has become one of the most controversial signifiers of the country's political and economic breakdown over the last three years.
The Egyptian mliitary is increasing its presence in the Sinai Peninsula in an attempt to root out the mysterious jihadist group suspected of carrying out the August 5th attacks near the Israeli border. Meanwhile, Israel nervously waits for Egypt to once again demilitarize the area.
The last time the nations participating in the Non-Aligned Movement (NAM) summit came under fire due to the host country's obvious anti-American stance was in 1979 when Cuba hosted the event. Iran, which is hosting the summit this year, has made sure that the summit, that usually doesn't generate substantial interest, is back in the limelight.
Shari Arison is the most powerful woman in Israel and the Middle East, and has a net worth of $3.9 billion to boot. But despite her numerous non-profit organizations and 25% stake in Israel's largest bank, Arison says she doesn't consider herself "a powerful person."
Candlestick marked a dramatic turning point in The Beatles' career and lives.
IDC revised its forecast for this year’s PC sales gains to only 0.9 percent, after the top U.S. giants, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), reported lower PC sales for their latest financial quarters. By contrast, tablet sales, headed by the iPad from Apple (Nasdaq:M AAPL) should surge 54 percent.
A court decision on Tuesday has exonerated the Israeli military in the case of Rachel Corrie, an American activist who died in Gaza nine years ago.
Sanaa, the capital of Yemen, may become the first in the world to run out of water. And that's on top of all the other problems in the Arab world's poorest, insurgency-torn country. Among the culprits, a popular narcotic plant
Half of the Brazilian public sector is on strike for higher wages, but their prospects for success may be dimming as deadlines approach.
The Romneys love Costco, whose co-founder is a major backer of Barack Obama. The political leanings top executives gives no credence to the idea one party is the party of big business.
Chinese criminal gangs have spilled over into the African country of Angola. Now, their illicit activities are threatening China’s presence in the region.
Mitt Romney's official coronation as the Republican Party's presidential nominee will be delayed by Mother Nature, and it could be an obstacle for the big-picture goal of the Republican National Convention.
Egyptian President Mohamed Morsi will visit one of Iran's nuclear facilities this week, adding to the growing speculation about his relationship with the Iranian regime.
As the Non-Aligned Movement summit begins in Tehran, members aspire to become an organization of authority in matters of global peacekeeping.
The Non-Aligned Movement will be meeting in Tehran next week. But who they are, and what they might be doing at the summit, is and will most likely be of little consequence.
Falling bridges, crashing trains and other preventable tragedies expose the underlying inefficiencies of China's infrastructure boom.
The Syrian civil war has sparked new levels of violence in neighboring Lebanon.
