Crowd funding is relatively new even in the West, but it's taking hold in Africa. It could even solve a chronic problem on the continent: How to get money to startups that need capital
The demand for gold fell to its lowest level in two years in the second quarter of 2012, as the price rise along with the economic slowdown has deterred major consumers India and China from buying the yellow metal, the World Gold Council said on Thursday.
JPMorgan Chase & Co. (NYSE: JPM)'s multibillion-dollar "London Whale" trading mess sent some well-known money managers running for the exit, but new regulatory filings show that several big hedge-fund players loaded up on JPMorgan as they saw the stock's 22 percent drop in the second quarter as a buying opportunity.
Recent massacres where gunmen shot up public gatherings had Americans scrambling to buy more guns, so much so that Wall Street analysts are seeing little positive upside for gun manufacturers.
Ikea, the Swedish store known for its affordable DIY home furnishing, is branching into a new arena: the hotel business.
Apple’s iPhone 5 is rumored for a Sept.21 release date, and the Internet has not stopped buzzing about potential features, alleged leaks and speculation. Although it is nearly certain that the upcoming iPhone 5 will support 4G LTE connectivity, there is now more evidence to back up this claim.
India's Prime Minister Manmohan Singh Wednesday said that the country was unable to create an environment for rapid economic growth due to lack of political consensus and promised to work hard to shield the country from the effects of global economic slowdown.
The Carlyle Group (Nasdaq: CG), a global asset manager, and Getty Images management said Wednesday they formed a partnership to acquire privately held Getty Images Inc. from Hellman & Friedman for $3.3 billion.
Chelsea Clinton, daughter of former President Bill Clinton and current Secretary of State Hillary Clinton, has finally announced her plans for running for elected office.
India Wednesday celebrated its 66th Independence Day with gaiety and fervor. The celebrations were held in offices, colleges and schools across the country with cultural programs.
Some of the China's largest solar manufacturers are facing huge debt liabilities, and one of them, Suntech Power Holdings [STP.N], is potentially on the hook for hundreds of millions of dollars after it disclosed potential fraud by a partner.
Bankrupt imaging giant Eastman Kodak Co. (Pink: EKDKQ) said it extended the auction for its 1,100 patent portfolio beyond Monday’s deadline because it was talking to rival bidders. Citing “a complex and dynamic process,” the company didn’t disclose more information.
Archstone, the largest private U.S. residential landlord, will benefit from a strong urban portfolio and experienced management team as it prepares to go public for the second time, said analysts.
Knight Capital Group Inc. (NYSE:KCG) saw shares in the company drop precipitously early Monday -- at one point losing over 7 percent of their value -- as the bruised-up broker-dealer continued to pick itself up less than two weeks after a trading algorithm gone berserk saddled the firm with $440 million in losses.
Google has reportedly purchased the rights to the Frommer's travel brand from publisher John Wiley & Sons for an undisclosed sum, according to The Wall Street Journal, presumably to bolster its local reviews of small businesses, restaurants, sights and destinations around the globe. With the combination of Frommer's and Zagat, Google will be able to give audiences plenty of ways to view reviews and/or ratings of local businesses around the world throughout its mobile Android platf...
Most of the European markets fell Monday as investors were disappointed to note that the economic growth slowed down in the second quarter in Japan indicating that the global economy continues to falter.
Japan's economic growth slowed down in the April-June quarter compared to the first three months of the year, indicating that the country is losing growth momentum affected by soft global demand and weak consumer spending.
Legendary investor and billionaire George Soros announced that he is engaged and all set to marry his girlfriend of last four years, Tamiko Bolton, during his 82nd birthday celebration on August 11.
Brazil's former president, Luis Inacio "Lula" da Silva, is not on trial himself, but his legacy may be destroyed.
The top after-market Nasdaq gainers Friday were JDS Uniphase Corporation, MannKind Corporation, Iridium Communications Inc and Apollo Investment Corporation. The top after-market Nasdaq losers were Novavax Inc, Infinera Corporation, InterDigital Inc and IAC/InterActiveCorp.
The top after-market NYSE gainers Friday were MasTec, Oasis Petroleum, Matador Resources, Janus Capital Group and Putnam Municipal Opportunities Trust. The top after-market NYSE losers were Imperva, Ocwen Financial Corp, Radioshack Corp, Game Stop Corp and Permian Basin Royalty Trust.
Chinese conglomerate Wanxiang Qianchao Co. (Shanghai: 000559) is offering a $450 million lifeline to struggling battery manufacturer A123 Systems Inc. (Nasdaq: AONE), but the deal is facing right-wing opposition in the U.S.
