Visa To Buy Visa Europe For $23.4B; Posts $1.51B Q4 Profits
Visa also reported fourth-quarter profits of $1.51 billion and full-year income of $6.3 billion, the company said in a statement.
HSBC Q3 Results Beat Expectations, Pre-Tax Profit Up 32% On Year
The bank earned $6.1 billion in pre-tax profits in the third quarter, nearly 18 percent over analysts' estimates.
Winston-Salem State University Shooting: 1 Killed, Another Injured; Gunman Still At Large
Police are now on the hunt for the suspected gunman, identified as Jarrett Jerome Moore. Identities of the victims have not been revealed.
Chinese Services Sector Growth Slows To 7-Year Low, Manufacturing Shrinks For Third Straight Month
Data on China's services sector for the month of October showed an unexpected slowdown even as the manufacturing sector continued to contract.
Sinai Plane Crash: Emirates, European Airlines Halt Flights Over Peninsula As Crash Investigation Begins
The Metrojet passenger plane that crashed in the Sinai Peninsula Saturday, killing all 224 on board, broke apart in the air, according to a senior Russian aviation official.
Chinese, Japanese And South Korean Leaders Meet To Mend Strained Relations Over Trade And Territory
Leaders of Japan, South Korea and China came together at a meeting -- the first such event in over three years -- in Seoul.
Turkey Elections: Erdogan's Fate Hangs In The Balance As Divided Nation Goes To The Polls
The election comes just months after an inconclusive vote in June, when President Recep Tayyip Erdogan's party failed to retain its majority in Parliament.
Eurozone Inflation Rises To Zero, Unemployment Falls To Nearly 4-Year Low
However, the inflation rate of zero percent -- a sign of less than robust demand in the bloc -- is likely to put more pressure on the European Central Bank to provide more stimulus.
Ozone Hole Over Antarctica Expands, Reaches Near-Record Size
NASA said that the hole -- formed as a result of depletion of the crucial, radiation-shielding ozone layer -- covered an area larger than the continent of North America.
Cybersecurity Deal Between China And Germany In The Works: Report
The deal, reported by Bloomberg, is likely to be similar to the one China currently has with the United States.
US Senate Passes 2-Year Budget Deal Through March 2017, Averts Government Shutdown And Debt Default
The deal, which was described by Sen. Rand Paul as "the worst of Washington culture," will help avert a government shutdown and debt defaults.
Bank Of Japan Keeps Monetary Policy Unchanged Despite Waning Inflation, Growth
Earlier on Friday, the central bank had decided to hold back on announcing additional stimulus measures despite weak economic indicators.
Australia Paid People Smugglers To Turn Back Refugee Boats, Committed 'Transnational Crime:' Amnesty
In a new report, Amnesty International said Australian officials paid human traffickers to turn back boats carrying refugees and mistreated asylum-seekers.
Bank Of China Q3 Profits Decline For The First Time Since 2009 As Bad Loans Rise
Rise in bad loans -- triggered by faltering Chinese growth -- hit the lender, which reported a drop in profits for the first time since the peak of the financial crisis in 2009.
Angela Merkel China Visit: German Leader's 2-Day Trip Aimed At Bolstering Trade Ties
Angela Merkel's eighth trip to China in her capacity as the chancellor is aimed at expanding trade relations with the world’s second-largest economy.
US Q3 GDP Data Likely To Show Sharp Drop In Economic Growth
The GDP data, to be released at 8:30 a.m. EDT Thursday, is likely to show a sharp decline over the second quarter, when the economy registered a brisk 3.9 percent growth.
Pfizer, Allergan In Merger Talks: Report
The process is at an early stage and may not yield an agreement, according to the Wall Street Journal. However, if the deal materializes, it would create a $330 billion company.
Global Stocks Dip As Investors Turn Cautious Ahead Of US Fed, BOJ Meeting
Investors in Asia and Europe exercised caution Tuesday, as uncertainty loomed over the outcome of central bank meetings in the United States and Japan.
WHO Red Meat Cancer Report: Findings Comparing Sausages To Cigarettes 'A Farce,' Australian Minister Says
Agriculture Minister Barnaby Joyce described as a "farce" a WHO report linking red meat consumption to cancer.
IndiGo, India's Largest Airline, Launches Country's Biggest IPO In 3 Years
IndiGo started operations in 2006 and has since captured nearly 40 percent of the domestic market, becoming the only consistently profitable airline in the country.
Top Environmental, Health And Safety Violators Tracked In New Database; Britain's BP At No. 1
The Violation Tracker database, compiled by think tank Good Jobs First, tracks companies that have violated U.S. environmental, health and safety laws.
India-Africa Summit 2015: India Seeks To Challenge China's Dominance Through 'Unprecedented' Conference
The third India-Africa Forum Summit kicked off in New Delhi Monday, as Indian Prime Minister Narendra Modi sought to highlight the nation's “strong emotional link” with Africa.
Afghanistan Earthquake: Hindu Kush Tremor Underscores South Asia's Violent Seismic History
Since 2000, the seismically active region has witnessed three devastating earthquakes that have killed a total of nearly 120,000 people.
Red Meat Cancer Risk Revealed By World Health Organization
The World Health Organization warned Monday that processed meats such as bacon, sausage and ham pose as big a cancer risk as cigarettes.
Florida's Black Bear Hunt Called Off After Hunters Kill Nearly 300 Animals
The hunt, which was originally scheduled to last a week, was called off in just two days after a total of 295 bears were killed.
General Motors, UAW Reach Tentative Deal On Labor Contract, Avert Strike
General Motors and the United Auto Workers union had been in talks since July over the latter's demand to shorten the service time required for workers to reach top pay and the elimination of a two-tier wage structure.
Europe's Refugee Crisis: EU, Balkan Leaders Finalize 17-Point Plan To Tackle Massive Influx, Provide Shelters
Leaders of 11 European Union nations and three non-EU countries finalized a 17-point plan to manage the massive influx of refugees in the Balkan Peninsula.
China Falls, Japan Gains In Choppy Asian Trade; European Stocks Pare Early Losses
The Shanghai Composite Index plummeted over 3 percent in afternoon trade, as profit-taking by traders wiped off early gains.
Israel-Palestine Conflict: Unesco Raises Concerns Over Bid To Designate Western Wall As Part Of Al-Aqsa
The UN is concerns about a proposal by some Arab nations to classify the Western Wall -- one of the holiest sites in Judaism -- as part of the Al-Aqsa mosque compound in Jerusalem.
Syrian President Bashar Assad Visits Moscow, Thanks Putin For Airstrikes
This was Syrian President Bashar Assad's first foreign visit since 2011, when civil war broke out in the country.