Greece's prime minister faces a grilling from the leaders of Germany and France on Wednesday after fighting to win the backing of his cabinet to hold a referendum on a 130 billion-euro ($178 billion) bailout package.
Greece's prime minister won the backing of his Cabinet Wednesday to hold a referendum on a 130 billion euro bailout package but will find the stunned euro zone leaders who engineered the deal last week harder to convince.
Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
Lenovo Group Ltd, the world's No.2 PC brand, posted a better-than-expected 88 percent rise in second-quarter profit, helped by acquisitions and an increase in sales in emerging markets such as China.
Asian shares fell and the euro stuck near 3-week lows against the dollar on Wednesday, as investors shed riskier assets after Greece's shock call for a referendum stoked fears about the viability of a European debt deal struck just last week.
Greek Prime Minister George Papandreou fought off a barrage of criticism to win the backing of his Cabinet Wednesday to push ahead with a speedy referendum on the European debt bailout deal.
Appcelerator raised $15 million in its latest round of funding, making the developer the largest third-party app publisher for both iOS and Android platforms.
Washington has been applying the pressure on the UN Security Council to level new sanctions on Tehran as fears arise that Israel will conduct a unilateral strike against Iran's suspected nuclear facilities, the Israeli newspaper, Yedioth Ahronoth, reported.
Fears grew at the time that the disturbances were largely organized by youths using their mobile phones.
French banks and lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
The Greek government faced possible collapse on Tuesday as ruling party lawmakers demanded Prime Minister George Papandreou resign for throwing the nation's euro membership into jeopardy with a shock call for a referendum.
China has successfully launched an unmanned spacecraft, a small step into achieving their larger space exploration goals.
South Africa's rand weakened against the dollar on Tuesday as a Greek plan for a referendum on a bailout package raised worries that the euro zone debt crisis is far from over.
The indifference shown by the majority of India's deep-pocketed corporates toward Formula One has baffled team bosses who expect them to warm to the sport following the success of last weekend's inaugural Indian Grand Prix.
Singapore Airlines announced on Tuesday that its new long-haul budget carrier Scoot will takeoff in 2012.
Prime Minister George Papandreou's call for a referendum on the latest Greek bailout plan has blown a potentially fatal hole in the Eurozone's strategy to overcome its sovereign debt crisis.
Multiple Fortune 100 companies were the victims of a coordinated series of cyber attacks dubbed Nitro, says security firm Symantec Corp. At least 48 firms - all of which are involved in the chemical and defense industries - were subject to the attack, which has been traced back to a computer system owned by a man in his twenties working out of northern China.
Oil prices fell more than $2 per barrel on Tuesday as the outlook for global growth darkened with renewed crisis in the euro zone and data suggesting economic activity in key economies was slowing more quickly than expected.
Akamai Technologies President David Kenny, who quit last week, said he has no plans to become the next CEO of Yahoo.
China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
French banks and other lenders exposed to Greece and other weak euro zone countries slumped on Tuesday after Greece's leader said he would put a bailout plan to a referendum, raising the risk of a disorderly default.
Credit Suisse will cut another 1,500 jobs and scale back its capital-guzzling investment banking business as it seeks to meet tough new regulations ahead of other banks after the unit reported disappointing third-quarter results.
