Iraq Says $1.56B Required For Humanitarian Crisis Caused By War Against ISIS; UN Appeals For $861M
Iraq said it would require about $1.56 billion this year to fund its response to the crisis caused by the war against Islamic State group.
Oregon Standoff Update: FBI Negotiates With Remaining Wildlife Refuge Holdouts
In a video released online, the holdouts expressed their mistrust of the U.S. government and their reluctance to leave the Malheur National Wildlife Refuge.
Sharp Leans Toward Japanese Fund Even As Foxconn’s Offer Looms Amid Bailout Talks
The embattled consumer-electronics maker recorded more than $9.91 billion in losses in its core television business during the past four years.
At Least 33 Killed After Greece-Bound Migrant Boat Sinks Off Turkish Coast
The Turkish Coast Guard reportedly said that nationals of Afghanistan, Myanmar and Syria were among the causalities.
Toyota Considers Idling Japan Production Due To Steel Shortage
The resulting shortage of steel parts could have an effect on the automaker’s plan to produce about 4.13 million vehicles in Japan this year.
Argentina Finalizes $5B Loan From 7 Wall Street Banks To Bolster Flagging Cash Reserves
Argentina is under pressure to comply with a court order to repay its debts before accepting any new lines of credit.
US Warship Patrols Disputed Island In South China Sea
The USS Curtis Wilbur conducted a patrol of the Triton Island, a manned China outpost and part of the Paracel islands chain.
Chinese Police Acknowledge Lee Bo’s Disappearance
The Hong Kong-based publisher of books critical of China disappeared in late December, two months after four of his business associates separately went missing.
Sony Profits Beat Estimates; James Bond, Adele Offset Smartphone Sales Dip
The Japanese company reiterated its annual revenue forecast Friday as it reduces dependence on its bread-and-butter consumer electronics business.
Toyota Takes Full Control Of Daihatsu In $3B Share Swap Deal
The move by the world’s largest automaker would help it consolidate a key unit for small cars sold in Southeast Asia and Japan.
Asian Market Rally, Japan's Adoption Of Negative Interest Rate, Buoy World Markets
Asian stock markets soared in approval of Bank of Japan's move to adopt negative interest rates Friday.
McDonald’s To Open 150 Customized Burger Stores In China In 2016: Report
The world’s top restaurant chain reportedly plans to open over 100 new stores in China on the back of a revival in demand in the December quarter.
US Federal Reserve Lists Scenarios For 2016 Bank Stress Tests
As part of the tests, large financial firms will have to show how they would withstand various economic and financial shocks.
US Fed Uncertainty Weighs On European Stocks; China Shares Tumble
Investors dragged down European and Chinese markets while U.S. tech stock futures suggested a positive start to U.S. indexes Thursday.
Takata Prepares For CEO Exit As Air Bag Scandal Worsens
Carmakers have repeatedly expressed frustration over the Japanese air bag maker's management of the auto industry's largest recall.
Apple, Samsung Lead Smartphone Race, China’s Huawei Records Largest Growth In Shipments: IDC
China’s Huawei was close on the heels of the two companies as its shipments rose above 100 million units per year in 2015, the fourth company in the world to do so.
Japan Retail Sales Fall Unexpectedly Ahead Of Stimulus Meet
In a second straight month of declines, the island nation's retail sales suffered an unexpected 1.1 percent drop in December, official data released Thursday showed.
Samsung Forecasts Tough Year Ahead As Smartphone Sales Dip
A dip in smartphone sales would hurt profits in 2016, the company warned, underscoring a broader trend impacting consumer electronics producers.
Europe Stocks, US Stock Futures Down, Asian Shares Mixed Ahead Of Fed Meeting
Global markets anxiously waited for a statement from the U.S. central bank Wednesday, while shares in China and Europe fell.
Ride-Hailing Service Lyft Settles California Drivers’ Lawsuit For $12.25M
As part of the settlement, Lyft also agreed to terminate drivers’ services after an advance warning, rather than terminating them at will.
World Bank Sees Crude Oil At $37 In 2016, Slashes Commodities Outlook
Prices for oil, iron and other commodities are set to drop even more in 2016, the organization predicted, citing depressed demand from emerging markets.
Google Glass Shuts Down Social Media Accounts
Google Glass deactivated its Facebook and Twitter accounts over the weekend, signaling an end to Google's push to popularize its wearable internet-linked glasses.
Takata Air Bag Crisis Widens, First Fatality Reported In India
The accident, which involved a malfunctioning air bag manufactured by Japan's Takata, marked the 11th such fatality worldwide and the second outside the U.S.
India, France ‘On Right Track’ To Sign $9B Rafale Deal, Hollande Says
French President François Hollande, on a state visit to New Delhi, played down the chances of swift negotiations but said the nations would clear the long-awaited warplanes deal.
Iran, Airbus To Sign 114-Plane Deal This Week, Transport Minister Says
The Airbus deal is set to be signed this week during Iranian President Hassan Rouhani's visit to Paris as the long-isolated country aims to revamp its aviation sector.
US, Russia Close To Consensus In Syria Peace Talks Deadlock: Report
The U.N.-sponsored negotiations have been delayed because Washington and Moscow disagreed over which parties to include in the peace process.
Missing Hong Kong Bookseller’s Wife Confirms Meeting Husband In China
Lee Bo, known for publishing books critical of Beijing's ruling class, disappeared on Dec. 30 from Hong Kong amid claims that Chinese authorities may have abducted him.
FIFA Transfers Market Rises To $4.2B In 2015, Hits Record High
Transfer fees have ballooned in the past few years, with the amount spent on player transfers rising by 44 percent since 2011.
Eurozone Growth Slides To 11-Month Low On Market Volatility: Survey
The slowdown in January was attributed to uncertainty due to the volatile stock market, according to a survey of purchasing managers.
SAP Raises 2017 Outlook For Profit, Revenue As Cloud Business Growth Quickens
The announcement by Europe's largest software maker comes as it makes progress in turning itself into an internet-based supplier of services.