Pope Benedict on Wednesday said the fortified Israeli wall dividing Bethlehem from Jerusalem could be taken down, if Israel and the Palestinians could remove the walls around their hearts.
I've become numb a long time ago ... but seeing these programs and solutions one after the other is simply.... I don't have words.
Energy prices are forecasted to remain low this year due to the economic recession and uncertainty about the recovery, Energy Department said in its short-term energy outlook for May.
The oil giant, Petrobras, on Monday said its first quarter net profits fell 20 percent or $2.83 billion as the global demand in oil slashes in the current economic downturn.
Satellite Asset Management LP, a $2.8 billion hedge fund founded by former employees of billionaire George Soros, is closing down because of client withdrawals, Bloomberg said on its website late Friday.
Nintendo reported a 42 percent fall in quarterly operating profit as the yen's strength outweighed robust game sales, and the Japanese video game maker forecast a bigger-than-expected 12 percent profit decline this year, pressuring its shares.
The volume of retail trade in March of the European Union’s 27 nation bloc (EU27) fell by 0.3% and the euro area (EA16) down by 0.6%. In February of this year, retail trade fell by 0.8% and 0.3% respectively, according to the European statistics.
Cisco Systems Inc., world's largest maker of computer networking gear, says earnings fell 21 percent in its latest quarter, but results managed to surpass analyst' estimates.
The federal government shut down Atlanta-based Silverton Bank on Friday, dealing a blow to a “bankers bank” with 1,400 client banks in 44 states, Federal regulators said today.
Mexico began shutting down parts of its economy on Thursday to slow the spread of a new flu strain as officials urged increased worldwide precautions against an imminent pandemic.
Mexican President Felipe Calderon told his people to stay home from Friday for a five-day partial shutdown of the economy, after the World Health Organization said a swine flu pandemic was imminent.
Talks between the U.S. Treasury Department and Chrysler LLC lenders aimed at cutting the automaker's debt and keeping it out of bankruptcy broke down late on Wednesday, the Wall Street Journal reported, citing people familiar with the discussions.
Starbucks Corp on Wednesday posted a quarterly profit excluding items that fell less than analysts expected, as cost savings helped offset an 8 percent drop in sales.
American Electric Power (AEP) one of the largest electric utilities in the country, reported earnings of $360 million or 89 cents per share for 2009 first quarter, compared to $573 million or $1.43 per share in the same period last year.
Diversified U.S. manufacturer 3M Co reported a 48 percent drop in quarterly profit and cut its full-year earnings forecast, citing falling demand and its customers' efforts to cut inventory.
Samsung Electronics , the world's top maker of memory chips and LCD screens, reported on Friday a 72 percent drop in quarterly net profit on weak chip prices, but the result vastly exceeded forecasts thanks to strong handsets.
Microsoft Corp's quarterly profit fell, but its shares rose as investors welcomed continuing efforts to cut costs and news that the release of the Windows 7 operating system is on track.
Microsoft Corp. said Thursday that its quarterly revenue fell from the previous year for the first time in its 23-year history as a public company.
Political allies of the U.S. auto industry expressed serious concern on Wednesday to senior White House officials about possible carmaker bankruptcies with Chrysler LLC facing an April 30 deadline to cement an alliance to avert probable insolvency.
Rupert Murdoch's News Corp said on Wednesday that MySpace co-founder Chris DeWolfe will not be renewing his contract and will step down from the chief executive post.
Apple Inc. said Tuesday its second quarter results beats consensus forecasts but shares fell after it gave a conservative outlook for the current quarter.
EBay Inc on Wednesday reported lower quarterly net profit, sales and margins, but results beat Wall Street expectations and shares of the online auctioneer rose nearly 6 percent.
