Deutsche Boerse, NYSE agree to merge
The NYSE Euronext (NYSE: NYX) and Frankfurt’s Deutsche Boerse have entered into an agreement to merge in a $10-billion transaction that is expected to result in the world's biggest trading vehicle for stocks and derivatives.
Iranian parliament members seek death penalty for opposition leaders
A group of conservative Iranian members of parliament are calling for the trial and execution of two senior opposition leaders in response to the anti-government riots that struck the streets of central Tehran yesterday and resulted in the deaths of at least two people and the arrest of dozens.
Judge throws out David Beckham's $25-mln libel case
A judge in the U.S. has thrown David Beckham's $25-million libel lawsuit against In Touch, an entertainment magazine that claimed the soccer superstar has cheated on his wife several times by seeing a prostitute.
Outsourcing by U.S. companies declining: BDO
Outsourcing by U.S. technology companies is on the decline, according to a survey by BDO USA, the accounting and consulting organization.
Berlusconi indicted on underage sex charges, will stand trial
Silvio Berlusconi will go to court to face charges that he paid for sex with an underage prostitute and later used his power to cover it up.
Is the Worst Over for Emerging Market Stocks?
We believe that the worst is now over for emerging market equities. Moreover, we believe that the resignation of Hosni Mubarak as Egypt’s President will not only
ease tensions in the region but will also restore confidence towards investing in emerging markets again
Clinton praises Iranian protesters; blasts Ahmadinejad regime
Hilary Clinton, U.S. Secretary of State has extended her support for Iranian opposition members who protested the government of Mahmoud Ahmadinejad in Teheran in solidarity with popular unrest in Egypt and Tunisia.
Ecuador court fines Chevron $8-bln for polluting Amazon
A court in Ecuador has fined US oil explorer Chevron (NYSE: CVX) $8-billion for polluting part of the country's Amazon region.
Stocks yawn at Obama budget proposal
Stocks finished narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
Middle East unrest spreads to Persian Gulf kingdom of Bahrain
The unrest roiling the Middle East has now spread to the Persian Gulf nation of Bahrain.
Russian firms dominate least-respected companies in the world: Barron's (SLIDESHOW)
Russian gas giant Gazprom is the “least respected” public company in the world, as selected by a group of U.S. money managers in a survey conducted by Barron’s magazine.
Ethanol best hope to replace oil: BP’s Dudley
Once the world’s crude oil reserves finally run out, the best hope for a replacement is ethanol derived from Brazilian sugar-cane, according to Bob Dudley, the chief executive of BP (NYSE: BP).
Jazz pianist George Shearing dies at 91
British-American jazz piano legend, Sir George Shearing, has died of cardiac arrest in New York City at the age of 91.
Anti-government rallies reported in Iran
Thousands of Iranians have gathered to demonstrate in Tehran in defiance of a government ban on such assemblies.
Top 1% of UK wage-earners pay 25% of all income tax
The top 1 percent of wage-earners in Britain will may almost one-quarter of the country’s income taxes this year, according to a study by HM Revenue and Customs (HMRC).
Boehner says it’s not his job to convince Birthers they are wrong (VIDEO)
During an interview of NBC’s “Meet the Press” news talk show on Sunday, Speaker of the House John Boehner said that while he believes that President Barack Obama is a U.S. citizen and a Christian, he added that isn’t his responsibility to persuade people who questioned Obama’s origin and religion
Rumors swirling about Mubarak’s health and whereabouts
Rumors and speculation are swirling regarding the whereabouts and health of deposed Egyptian ruler Hosni Mubarak.
Apple again is the most respected company in the world (SLIDESHOW)
Apple Inc. (Nasdaq: AAPL) has retained its status as the “most respected” public company in the world, as selected by a group of U.S. money managers in a survey conducted by Barron’s magazine.
Merger mania again hits global stock exchanges
Global stock exchanges have apparently entered into a new round of consolidation that promises to radically alter trading activities for millions of investors.
Re-opening of Egypt stock market again postponed
The Egyptian stock market, which has been closed since January 28 amidst civil unrest in the country, will not re-open until at least Sunday, February 20, state-controlled television reported.
Global airline profits likely to drop in 2011; but number of passengers to surge by 800-mln in 2014
The global airline industry will also likely see 800-million more travelers by 2014, and more than a quarter of them will come from China.
1-million Italian protesters demand Berlusconi quit
Up to one million people –including many women – have rallied in 200 cities and towns across Italy and elsewhere to demand the resignation of scandal-scarred Prime Minister Silvio Berlusconi
Cuba frees more dissidents
Cuba has released two more political dissidents -- Hector Maseda and Angel Moya – from prison in a deal arranged by the Catholic Church.
Viva la revolucion? Cuba to remove sugar subsidies
In another measure designed to reduce the state’s control of the economy and promote private enterprise, the Communist government of Cuba announced it will liberalize the sale of sugar, after subsidizing its price for decades
Protests against Yemeni government intensifying
Yemen, the poorest nation in the Middle East, has witnessed its third straight day of anti-government protests as hundreds of demonstrators squared off against police in the capital city of Sanaa.
Egyptian army dissolves parliament, temporarily suspends constitution
In the first step towards a post-Hosni Mubarak era in Egypt, the country’s military brass said on state TV they are dissolving the parliament (which was dominated by Mubarak’s supporters) and suspending the constitution.
Resurgence of far-right in Europe (SLIDESHOW)
Resurgence of far-right in Europe (SLIDESHOW)
Algeria shuts down internet as anti-government protests mount
The authorities in Algeria have shut down internet providers and Facebook accounts amidst mounting anti-government protests and civil unrest.
Bundesbank chief Weber to quit, amidst row with ECB
The chief of Germany’s central bank Axel Weber will resign from his job at the end of April, according the German government, following a meeting with German chancellor Angela Merkel
China’s railways minister under investigation; removed from post
Liu Zhijun, China's Minister of Railways, has been placed under investigation for serious disciplinary violations, according to the state-controlled Xinhua news agency