Marriott Announces Big Cutbacks
Marriott International Inc. announced Wednesday that it will stop building new timeshare and luxury-vacation projects and write down the value of the projects it already has under construction by $760 million.
Tweeting Ugandan gorillas make friends online
Lurking deep in the mist-glazed forests of east Africa, Uganda's mountain gorillas are preparing to 'tweet' for their survival.
Pakistan court adjourns Mumbai attacks hearing
A Pakistani court adjourned until Oct. 3 a hearing for seven Islamist militants suspected of involvement in last year's attacks in Mumbai that killed 166 people, a lawyer said.
Twin car bomb attacks kill 16 in NW Pakistan
Two car-bomb blasts killed at least 16 people in northwestern Pakistan on Saturday, evidence militants still have power to strike despite the death of a top Taliban commander last month.
Merkel, Steinmeier in final push for German votes
German Chancellor Angela Merkel and her challenger Frank-Walter Steinmeier battled on Saturday to win over a large pool of undecided voters on the last day of campaigning before a federal election.
China lays first charges over Xinjiang riots
China announced the first charges to be laid in connection with violent unrest in July that shook China's northwest region of Xinjiang, home to Muslim Uighurs.
Koreans, split by war for 56 years, meet to say goodbye
Ninety-seven South Koreans crossed a heavily armed border on Saturday to meet family members in the communist North in fleeting reunions arranged by the rivals split by war and ideology more than half a century ago.
Could Israel strike Iran over nuclear concerns?
Israeli Foreign Minister Avigdor Lieberman said Saturday a newly disclosed nuclear facility in Iran was proof the Islamic Republic was seeking nuclear weapons.
Obama accuses Iran of evasion before Geneva talks
President Barack Obama said on Saturday the discovery of a secret nuclear plant in Iran showed a disturbing pattern of evasion by Tehran which added urgency to its Oct 1. talks with world powers.
Koenigsegg CEO says still aims for Saab deal in October
Koenigsegg's chief executive said on Saturday the Swedish luxury sports car maker still aimed to finalize a deal to buy Saab Automobile from General Motors by the end of October.
G20 faces credibility test on markets, climate
The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.
Swedish car maker could pull out of Saab deal: report
Swedish luxury car maker Koenigsegg Group could pull out of its planned purchase of Saab Automobile from General Motors unless steps to secure loans are in place by Wednesday, a part owner told a newspaper on Saturday.
Koenigsegg could pull out of Saab deal
Koenigsegg Group could pull out of its planned purchase of Saab Automobile from General Motors unless certain milestones are reached in the coming days, a major owner told a newspaper on Saturday.
Upbeat G20 faces credibility test on markets, climate
The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.
Toyota raises world '09/10 sales forecast 3 percent: report
Toyota Motor Corp , has raised its global sales forecast for the year to March 2010 by 3 percent to 6.7 million cars, the Tokyo Shimbun daily reported on Saturday, in the latest sign of a nascent recovery in auto demand.
CORRECTED: Toyota raises world '09/10 sales f'cast 3 pct: report
(Corrects paragraph 2 to “global production,” not “production in Japan”)
Toyota raises world '09/10 sales forecast: report
Toyota Motor Corp , has raised its global sales forecast for the year to March 2010 by 3 percent to 6.7 million cars, the Tokyo Shimbun daily reported on Saturday, in the latest sign of a nascent recovery in auto demand.
Fast traders could shake up U.S. options pay system
The influx of high-speed electronic traders in U.S. options markets may spur regulators to finally move on decades-long concerns over how some exchanges lure business their way.
U.S. consumers say spending habits changed for good
A majority of U.S. consumers say they have permanently changed their spending and savings habits in response to the global financial markets crash and recession, according to a Citigroup survey released on Friday.
California sets biggest energy efficiency plan
California said it had approved the most aggressive energy efficiency plan among U.S. states on Thursday, earmarking $3.1 billion to retrofit homes and other programs that will cut power needs equivalent to three medium-sized power plants.
Got bad news? It pays to bury it, study shows
Got bad news? It pays to relegate it in a footnote of the press release.
Shocking managers may hold key to why top workers leave
Employers wondering why some of their good employees are leaving should look at the behaviour of their managers, a Deakin University researcher believes.
Sunny days take risk out of investors' decisions
Sunshine makes people happy and happy people make less risky investment decisions, a Deakin University researcher has found.
Size matters when it comes to children’s food choices
The secret to getting children to eat vegetables could lie in the portion size, a Deakin University study has revealed.
Aussies quicker to spend than Americans
The study, conducted by ANU economist Professor Andrew Leigh from the Research School of Social Sciences, used results from the most recent ANU Poll, which surveyed a random sample of households.
Patients with multiple illnesses need better health care: Study
Australia's health system is failing the many people who suffer from multiple illnesses as it is principally designed to deal with individual conditions, a new study suggests.
G20 upbeat on economy, pledges financial reforms
The Group of 20 rich and developing nations promised to give rising powers such as China more say in rebuilding and guiding the global economy, and declared their crisis-fighting efforts a success on Friday.
Twitter gets new round of funding, new backers
Twitter received $100 million in funding on Friday, valuing the company at $1 billion, according to a person familiar with the matter, as investors bet that the Web company's explosive growth will yield actual revenue or a lucrative deal.
CIC to invest $1 billion in Oaktree: report
China Investment Corp, the $200 billion sovereign wealth fund, has agreed to invest about $1 billion in Los Angeles-based Oaktree Capital Management, the Wall Street Journal reported on its website on Friday.
Hicks shareholders OK deal to buy energy company
Hicks Acquisition Co I Inc on Friday said its stock and warrant holders approved its deal to buy privately held oil company Resolute Natural Resources Co.