Consumer Inflation In Spain, Italy Disappoints In December
Consumer prices in Spain and Italy rose in December, but the rate of growth remains much below the desired 2 percent target.
Facebook Faces Class Action Lawsuit For Alleged Interception Of Private Messages To Provide Data To Marketers
Facebook is accused of intercepting private messages to profile user behavior and profiting from sharing the data with marketers.
General Mills' Original Cheerios Goes GMO-Free; Advocacy Groups Claim It's A Major Victory For Non-GMO Movement
The challenge of sourcing GMO-free raw material in the U.S. is said to be a major obstacle to introducing GMO-free food varieties.
Fiat To Fully Acquire Chrysler From VEBA And UAW In A $3.6 Billion Deal
The deal is a personal victory for group CEO Sergio Marchionne, who has been pushing a merger of the two iconic automakers.
Euro Zone Manufacturing PMI Hits 31-Month High; Factory Activity In Germany, Italy, Spain and UK Continue To Expand While France Continues To Slow
Data on manufacturing in Europe and the UK showed the region is well on track for a modest recovery, with some exceptions.
India Terminates $750 Million Deal To Buy AgustaWestland Helicopters Over Bribery Allegations
The Indian government dropped the helicopter deal with AgustaWestland, and both sides are now expected to seek arbitration.
HSBC's China Manufacturing PMI At 3-Month Low, Official PMI Declines In December
Growth in Chinese manufacturing activity slowed in December, according to two separate surveys.
NASA To Relay New Year Greetings From Space At Times Square; Supreme Court Justice Sonia Sotomayor To Lead New Year Countdown
Crowds can expect a greeting from space and below-freezing temperatures this New Year's Eve.
Cooper Tire Terminates Merger Deal With India's Apollo Tyres; Both Companies Vow To Take Legal action Against Each Other
Apollo blamed Cooper for not resolving complications at its China unit, while Cooper held the Indian company responsible for the breakup.
India's FDI Regulator Approves Tesco, Vodafone Investments; Carrefour Could Be The Next To Enter $500 Billion Retail Market
Ahead of national elections, India's ruling coalition has been blamed for a lack of policy reforms even as growth has slowed to a decade-low.
Egypt Arrests 4 Al Jazeera Journalists Including Australian And Canadian Nationals
The journalists arrested on Sunday were accused of working against Egypt's national security.
Monte Dei Paschi Di Siena, The World’s Oldest Bank, Moves Closer To Nationalization
Monte dei Paschi has been cornered into considering alternate plans to ensure its survival.
Italy Business Climate Index IESI Moderately Up In December, PPI Drops In November
Italy's business climate index improved moderately in December, while producer prices continued to drop.
Saudi Arabia Provides $3 Billion Military Grant To Lebanese Army To Purchase French Weapons; Underlines Shifting Alliances In Middle East
Saudi Arabia will give Lebanon billions of dollars to buy French weapons, reflecting changing geopolitical considerations in the Middle East.
Russian Cosmonauts Installed Earth-Watching Cameras In A Record-Breaking Spacewalk, But Removed Them Later Due To Technical Glitch
Exact cause of problem still a mystery.
U.S. Court Rules NSA Mass Surveillance As Lawful; ACLU To Appeal Judgment
Pauley’s endorsement of NSA comes just days after another federal judge ruled that agency'’s spying program could be unconstitutional.
GM Recalls 1.5 Million Vehicles For Safety Issue In China; Ford To Recall 80,000 SUVs For A Steering Part Flaw
General Motors is in danger of losing its leadership position to Volkswagen in the Chinese market for the first time in nearly a decade.
Car Bomb Explosion In Beirut Kills At Least 5, Including Former Minister And Ex-Ambassador To US
A powerful blast in central Beirut killed five people, including Mohammed Chatah, a senior adviser to Saad Hariri.
French PPI In November Rose To 0.5% After A Monthly Decline Of 0.3%
Producer prices in France rose unexpectedly, mainly due to higher winter tariff on electricity.
Okinawa Governor Approves Relocation of Futenma US Military Base; Washington Welcomes The Deal As A Major Diplomatic Breakthrough
The agreement comes after years of negotiations and fierce protests from locals about US military presence in the area.
Amazon Sets Record Sales In Holiday Season 2013; Here Is A Glimpse Into What Customers Bought Most
On Amazon’s biggest shipping day of the year, the company shipped more than 36.8 million items to customers worldwide.
3 Rescue Ships To Reach MV Akademik Shokalskiy, A Russian Tourist And Research Ship Trapped In Antarctic Ice By Friday; Scientists Aboard The Vessel Use Time For Extra Research
Three ice-breakers are heading toward the trapped MV Akademik Shokalskiy, a tourist and research vessel.
Japan's Prime Minister Shinzo Abe Pays Surprise Visit To Controversial War Shrine; China Rebukes Visit As "Unacceptable," South Korea Calls It "Anachronistic Act"
Prime Minister Shinzo Abe’s surprise visit to the Yasukuni shrine could worsen regional tensions with China and South Korea.
President Obama Continues Christmas Day Tradition With Visit To Hawaii Military Base With First Lady; Thanks Troops For Their ‘Incredible Sacrifices’
The president also greeted troops, including personnel who were injured in South Sudan, over the phone on Christmas Eve.
NASA Successfully Completes Repairs At International Space Station With Christmas Eve Spacewalk [Video]
Crew conducts two spacewalks to repair a faulty coolant system.
U.N. To Double Its Peacekeeping Force In South Sudan, Amid Reports Of Mass Graves And Escalation In Violence; Government Forces Retake Key Town Bor
Death toll from the past 10 days of violence rises to thousands, the United Nations said.
U.S. Embassy In Afghanistan Hit On Christmas Day
Reports say no Americans were injured in the attack.
Indonesia's Government To Relax Foreign Direct Investment Norms To Boost Economy As Growth Sputters
The country's government, which is working hard to boost the economy, hopes to attract more investments in power, pharma and advertising.
French Economy Contracts 0.1% In Third Quarter; Household Consumption Expenditure On Goods Up By 1.4%
The French economy had been in recession before bouncing back to growth in the second quarter of the year.
Edward Snowden Says He Has "Already Won" and Achieved His Mission With NSA Leaks In An Interview With The Washington Post
In an interview with The Washington Post, Snowden reflected on his life as a fugitive and the fallout of his revelations.