Production of the highly anticipated MacBook Pro update seems to be in full swing, after a new report claims that Apple's Foxconn factory is outsourcing to keep up with demand for the revamped laptop.
Shares of Chinese electric carmaker BYD Company Ltd. (Hong Kong: 1211), which is partially owned by Warren Buffett, recovered some of the losses suffered after one of its e6 electric cars caught fire in a crash which killed three people in southern China.
European stocks recovered from early losses Tuesday as traders anticipate the U.S. data to show improving consumer confidence and a stabilizing housing market. Meanwhile, Asian equities rallied for a second straight day on hopes that China may introduce further stimulus policy. U.S. index futures rose.
Futures on major U.S. indices point to a higher opening Tuesday ahead of the report on consumer confidence for May.
Asian Markets rose Tuesday as expectations that China will take measures to lift its economic growth undermined the euro zone concerns amid Spanish banking woes.
The economic calendar is quite full this week, with most of the focus on the U.S. nonfarm payrolls report. The Institute for Supply Management, or ISM, manufacturing index and the second estimate of U.S. first-quarter gross domestic product also will draw a lot of attention.
In a thinly veiled attack, the Republican Party's presumptive presidential nominee, Mitt Romney, suggested on Monday the U.S. military would be weakened if President Barack Obama gets his way on budgetary matters.
Asian stock markets mostly advanced Monday as concerns of potential Greek exit eased after recent opinion polls showed that pro-austerity parties could be able to form a coalition government.
The atrocities committed in the Syrian village of Houla on Friday -- when dozens of men, women, and children were killed, and hundreds more were wounded -- were condemned in the strongest possible terms by the United Nations Security Council on Sunday.
Iran announced it will continue enriching high grade uranium while adding a nuclear power plant in 2014 and rebuffed calls to allow U.N. inspectors to visit the suspected home of the country's nuclear weapons research.
Vice President Joe Biden on Saturday signaled the looming end to America's current military focus on the Middle East, signaling a new push for a strong presence in Asia in a commencement address for West Point graduates.
The U.N. Security Council is to meet Sunday afternoon to discuss the Houla massacre in Syria, diplomats said.
Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?
The contemplated union of Saudi Arabia and Bahrain forms only one part of a potentially much wider alliance -- the political, military and economic integration of the Gulf Cooperation Council (GCC), which comprise Saudi Arabia, Bahrain, Kuwait, Qatar, the United Arab Emirates (UAE) and Oman.
Asian markets declined this week on increasing concerns about China's economic slowdown and Greece possibly exiting the euro zone.
Where to watch live coverage of qualifying for the Monaco Grand Prix, plus a full preview and drivers' quotes.
China's government bet big on shipping in the last decade. For a time, it paid off, even propelling the country to the world's top spot in shipbuilding. Now a major global slowdown is hurting the sector, and shipyards are in line for closure
The U.N.'s International Atomic Energy Agency has found evidence of uranium enriched up to levels closer to the threshold needed for developing nuclear warheads at an underground Iranian facility.
The U.S. Treasury declined Friday to name China as a currency manipulator, a move that is likely to intensify an already hot debate in the U.S. presidential campaigning.
Top Chinese and Israeli military officials met in Beijing earlier this week, signaling increased cooperation between the two nations, that formerly regarded each other tepidly.
China's growing hunger for the RV is providing further evidence for the theory that the Middle Kingdom is trying to become more American -- at least in its pastimes.
Moving swiftly from the realm of tin foil-hat conspiracy to a bullet point being openly talked about as a fait accompli by international financiers, an exit by Greece from the European common currency dominated conversation this week. But what would actually happen if Greece left the euro?
