McDonald's Corp (MCD.N) reported a bigger-than-expected rise in November sales at established restaurants across the board, led by big gains in Japan, China and a strong showing in its top revenue market of Europe.
With the millions of iPhones, BlackBerrys and Androids sold in the U.S., the massive demand for data use is far exceeding the supply of spectrum - the range of all possible frequencies through which signals can be transmitted.
A letter bomb addressed to Deutsche Bank chief Josef Ackermann contained a fully functional bomb, and capable of exploding had it not been intercepted in the bank's mailroom, was the work of far-left Italian group, German authorities said Thursday; and more explosives may still be in the post.
The European Banking Authority noted banks within the 27-nation European Union need to raise €114.69 billion ($152.8 billion) by June of next year in order to meet the authority's capital requirements. That amount is €8.24 billion, or 7.18 percent, more than the supranational regulator had noted on October 30. The balance sheet apparently worsened at certain banks, most notable in Germany, Belgium and Austria.
McDonald's keeps beating the economy, unveiling strong identical-store November sales numbers in an earnings report Thursday.
European shares fell in a choppy afternoon session on Thursday, erasing earlier strong gains, with traders saying the market came under pressure after European Central Bank President Mario Draghi cautioned on the region's economic outlook.
IBM, the No. 2 computer giant, said it plans to acquire e-commerce specialist DemandTec for $440 million to beef up its retail and marketing software services.
The European Central Bank doused on Thursday hopes it will aggressively ramp up its bond-buying program and allow the euro zone to lend money to IMF so it can help fight the Eurozone debt crisis.
English Premier League club Arsenal booked their place in the first knock-out round of the UEFA Champions League this year and now know the complete list of potential opponent for the next round. The draw for the knockout stages will now be held on Dec. 16 in Nyon, Switzerland. This season's Champions League will conclude at the Allianz Arena in Munich, Germany.
The European Central Bank cut interest rates by a quarter of a point on Thursday to counter the twin threats of recession and deflation in the Eurozone, and is expected to unveil fresh measures to help banks hurt by the bloc's debt crisis.
The president of the European Commission appealed to EU leaders on Thursday to set aside their differences and unite to rescue the euro from a sovereign debt crisis that is menacing the world economy.
The rupee extended its drop to the third session Thursday, dragged by weak domestic equities amid investor concern over slowing growth and lackluster policymaking.
China will support Europe in its efforts to overcome its debt crisis which Beijing sees as only temporary, Chinese Foreign Minister Yang Jiechi said after talks in Berlin Wednesday.
The United States is looking into allegations that the electronic book industry has violated antitrust law, a top Justice Department official said on Wednesday.
Yet the New York Police Department has warned all banks in the city to beef up mailroom security in light of the episode. The package in Germany was made of explosives and shrapnel, and it was discovered in the mailroom at Deutsche Bank's headquarters. The package was detected by X-ray technology, police said. It did not detonate.
European shares slipped back slightly in cautious trade on Wednesday, ahead of a EU summit this week, amid uncertainty about the chances a comprehensive deal would be reached to help end the region's debt crisis.
Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
European shares turned negative on Wednesday at mid-day after downbeat comments from a German politician about the chances for a comprehensive deal at a leaders' summit this week, aimed at resolving the region's debt crisis.
It is, arguably, the saddest day in U.S. military history -- certainly in modern U.S. military history: the attack on Pearl Harbor, Hawaii, on Sunday, December 7, 1941 -- a shocking event in U.S. history that ushered the United States into World War II.
Some people may be genetically programmed to require longer hours of sleep, according to a new study published in Molecular Psychiatry. The study hopes to reveal the health effects of different sleeping patterns.
Twin blasts in Kabul and the northern city of Mazar-e-Sharif aimed at Afghanistan's minority Shiite Muslims killed nearly 60 people on Tuesday as they celebrated Ashura, one of their sect's holiest days, signaling, perhaps, a new sectarian turn in what was one of the war's deadliest attacks.
Karzai had just attended a summit conference in Germany where’s Afghanistan future and security were being discussed.