The global economic recovery is running out of steam, leaving the euro zone stuck in a mild recession and the United States at risk of following suit, the OECD said on Monday, sharply cutting its forecasts.
China's largest search engine Baidu Inc said Monday it will invest 3 billion yuan ($470.6 million) by the end of 2015 to help 2 million small- and medium-sized enterprises expand their businesses.
The Dark Knight Rises may be Christian Bale's final performance as crime-fighting superhero Batman, the actor told the Philippine Daily Inquirer.
Retired Chinese basketball superstar Yao Ming venturing into a new world, has launched a wine collection in his own name in Shanghai.
Belgium and Hungary were downgraded late in the week, fueling more fire to the already credit-sensitive region.
The Geneva-based fund was set up in 2002 and supported by around 150 donor countries. It works in collaboration with other organizations to promote treatment and large scale prevention programs against three chosen diseases.
Over the past year, the international movement to halt the shark fin trade has made leaps and bounds, moving up the chain from campaigns targeting consumers to efforts by politicians to implement stricter legislation against the sale, possession and distribution of shark fins. From the U.S. West Coast to Europe and Asia, progress is being made to turn the dish itself into an endangered menu item.
The NBA lockout is over. We want to play basketball, NBA commissioner David Stern said, perhaps forgetting that he actually didn't want to play basketball for the first scheduled month of the season.
Chinese officials have made good on their threat to launch a trade investigation of their own into U.S. subsidies for renewable energy products.
I had just been chatting, over a ridiculously expensive turkey sandwich that Monday (right before Thanksgiving, what was I thinking?), about the declining fortunes of the once-great American Empire. But enough, for the moment, about me, first let's see what Columbia's Herbert J. Gans, emeritus professor of sociology, had to say about superfluous jobs in his recent New York Times Op-Ed piece--and whether what he astutely observed could lead, within the century, to the breakup of th...
South Korea's communications regulator said Saturday that personal information of more than 13 million subscribers of a popular online game of the Nexon Korea Corp., a leading game developer in the country, had been leaked in a hacking attack.
Arab officials will prepare plans for sanctions against Syria on Saturday over its failure to let Arab League monitors oversee an initiative aimed at ending a violent crackdown on protesters seeking an end to President Bashar al-Assad's rule.
U.S. investors came to the Thanksgiving holiday table on Thursday mostly thankful that the week was a short one because, otherwise, market losses could have been larger.
As the holidays approach, there are numerous things to dread: long hours spent in airports, seasonal weight gain, and searching for gifts for everyone on your list.
China is set to embrace Canada's offer of more crude, heating up competition with the United States as the world's top two oil consumers jostle to secure supplies and meet ravenous demand.
Unnerved by a second profit warning in a month, investors sent HTC Corp shares tumbling for a second straight day on Friday on concern the world's No.4 smartphone maker may be running out of ideas in an increasingly competitive market.
Essar Energy plc has been adjudged the fastest growing energy company in Platts 50 fastest growing of the Top 250 Energy Companies 2011.
Alibaba.com, China's largest e-commerce firm, posted an 11.9 percent rise in quarterly net profit, its slowest growth in nearly two years, with the company raising concerns due to a weak trade outlook stemming from debt woes in Europe and the United States.
Apple Inc. (NASDAQ: AAPL) on Monday started notifying customers of United States, United Kingdom, Australia and Italy that it would hold its annual one-day shopping event on Friday, a day after Thanksgiving, at its retail stores and on online store.
Exports of Swiss luxury watches, particularly in Asia have reached an all-time high with China emerging as a major market for high-end products.
Knee-deep in foul-smelling water, workers are piling office equipment, documents and food onto fiber boats that ferry them from one building on Hana Microelectronics' 12-acre company site to another with more space on higher floors.
The market is expecting that China would loosen its monetary policy in the coming months, and many believe a selective easing has already begun, and that more serious easing will come soon.