On Thursday evening, Adrian Nastase, the former prime minster of Romania, tried to kill himself as police entered his home to arrest him.
Microsoft (Nasdaq: MSFT), the world's biggest software company, has won major support from smartphone makers led by Samsung Electronics (Seoul: 005930) to battle Apple (Nasdaq: AAPL), the world's most valuable technology company.
Japan's gaping trade shortfall with the EU could exacerbate its fiscal woes by worsening its debt situation and subjecting Japanese government bonds to rising yields in the face of mounting market fears and increasing skepticism among U.S investors.
Chinese market regulators announced Thursday they could be easing the rules that currently allow only a small group of foreign banks to invest in the national equity and bond markets, a move that is seen as part of a wider campaign to open the country's financial system to global competition. Whether by design or by coincidence, however, the move also takes a tremendous amount of pressure off the country's central bankers, who are between a rock and a hard place in deciding whether or n......
Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.
African migrants in China have a life that is light years away from the glamour, adulation and affluence enjoyed by Drogba.
The United Nations Summit on Sustainable Development in Rio de Janeiro, a two-day meeting of more than 115 political leaders from around the world, is turning out to be a major bust.
U.S. housing prices won't just hit the bottom this year -- they'll rise by 2 percent, according to a report by Capital Economics released this week. But that doesn't mean the market is in great shape.
Apple (Nasdaq: AAPL), the world's most valuable technology company, has won a small victory in its battle against rival and supplier Samsung Electronics (Seoul: 005930).
Kuwait's constitutional court has ruled that the current parliament would be dissolved and the previous, pro-dynasty parliament reinstated.
The formation of a new Greek government Wednesday staves off fears of a swift departure from the euro zone by the Hellenic Republic. But this week's election and installation of a new administration merely extends the country's economic death-spiral as its economic woes remain deep and pervasive.
The nation's largest public-sector employee union this week selects its first new leader in a generation, and its more than 3,500 delegates, representing about 1.4 million members, must decide which of two candidates is most likely to halt declining membership and shrinking benefits: the one focused on national politics or the one focused on localized activism?
Oracle (Nasdaq: ORCL), the No. 1 database developer, reported full-year revenue rose 4 percent to $37.2 billion -- with revenue from the Cloud, or Internet-based computing, reaching a record $1 billion.
For the third time in a mere two weeks, the motorcade of Zimbabwe President Robert Mugabe has been involved in a fatal accident. Who is to blame?
A month after the $16 billion mammoth but botched initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, the ice may be breaking for technology companies.
Iranian President Mahmoud Ahmadinejad is headed for the sunny beaches of Ipanema, and many Brazilians are less than thrilled.
The dissolution of Fannie Mae and Freddie Mac, the two largest U.S. mortgage guarantors, would have only a minimal impact on home ownership level, according to a new report that downplays the link between low interest rates and increased ownership.
On May 18, Facebook closed its first day as a public company at $38.23, valuing itself around $105 billion. On Tuesday at mid-day, it traded near $31.50. Still, despite the vilification of the IPO, the slumping share price and dozens of class action lawsuits filed in federal courts in New York and California, Facebook, a damaged brand, has followed the advice of New York image guru Clive Chajet who said it should ignore the press and stick to its knitting.
Why are people in China upset at their own space program?
Microsoft (Nasdaq: MSFT), the world's biggest software company, introduced its first tablet, Surface, to battle Apple (Nasdaq: AAPL) in the tablet sector
A new report shows that the Ethiopian government, caught up in an ambitious, nationwide agricultural overhaul, is facilitating the mistreatment and forced relocation of small-scale farmers in Omo Valley.
Two of the leading names in the video game industry, Microsoft?s Xbox360 and Sony?s PlayStation 3, both offer Internet-based services to enhance the gaming experience through social and multimedia platforms.
It's been overlooked -- it's received very little coverage by the popular press -- but it's worth repeating: one benefit of the U.S. health care reform legislation will be: enhanced employee mobility.
Greeks woke this morning to a confusing result that, while tilting ever so slightly toward the pro-bailout parties, does little to ease the threat of a devastating exit from the euro zone that still hangs over Athens.
A deft political move by the ruling Supreme Council of the Armed Forces, or SCAF, led by Field Marshal Hussein Tantawi, has all but annulled the significance of the presidential elections.
Leaders of the center-right New Democracy party and the left Syriza party -- Antonis Samaras and Alexis Tsipras, respectively -- agree on one thing: The former party won, and the latter party lost Greece's snap parliamentary elections on Sunday.
The political situation in Greece is very volatile and unpredictable.
Caught in the middle of a bloody 15-month-long uprising are Syria's 2 million Christians, who are wary of leaving behind a repressive and totalitarian regime.
A euro-area breakup might appear to be inevitable at this point. But, instead of Greece being pushed out the door, analysts say an outside-the-box solution to the euro zone's sovereign-debt problem would be for Germany to voluntarily withdraw from the euro and reinstall the Deutsche mark.
Even following this week's violence over blasphemous art, Tunisians remain fairly optimistic about their country's progress.
