Bertelsmann Chairman and CEO Hartmut Ostrowski is resigning from his position effective at yearend, the company announced Monday.
Gold rose more than 2 percent on Monday, lifted by weakness in the dollar versus the euro after France and Germany pledged to come up with a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
India gold rose nearly a percent on Monday afternoon, extending gains for another session, following a similar trend in overseas markets, although a rising rupee checked gains, dealers said.
Palladium prices rocketed higher Monday as rising optimism about Europe's economy boosted stocks on both sides of the Atlantic and lifted commodities that rise with increased business activity.
India gold futures are likely to extend gains this week helped by the weakness in the U.S. dollar, which enhances appeal of the yellow metal as an alternative investment, and after France and Germany pledged to strike a proposal to recapitalize euro zone banks.
At the Let's talk iPhone event, Apple, instead of unveiling an iPhone 5, released an iPhone 4S that features the new iOS 5 and a revolutionary voice-recognition technology.
The killing sparked violent clashes between Terreblanche’s white Afrikaner supporters in the northwestern town of Ventersdorp and the local black community.
The leaders of Germany and France have promised to unveil new measures to solve the euro zone's debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions. But they declined to reveal any details.
Stock index futures pointed to a higher opening for equities on Wall Street on Monday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 rising 0.9 to 1 percent.
The leaders of Germany and France have promised to unveil new measures to solve the euro zone's debt crisis by the end of the month, as international pressure builds for bold steps from Europe to avert an economic backlash of global proportions.
Franco-Belgian bank Dexia agreed early on Monday to the nationalization of its Belgian banking division and secured 90 billion euros ($121 billion) in state guarantees in a rescue that could pressure other euro zone governments to strengthen their banks.
Gold rose more than 1 percent on Monday as the dollar fell versus the euro after France and Germany pledged to strike a proposal to recapitalize euro zone banks, while traders remained cautious ahead of further details of the plan.
European index futures rose on Monday, following small gains for Asian shares, and the euro firmed 1 cent after the leaders of France and Germany pledged to unveil a plan to solve the euro zone's sovereign debt crisis by the end of the month.
Donald Tusk will be the first Polish prime minister since the fall of communism more than two decades ago to rule for a second consecutive term after his center-right Civic Platform trounced rivals in an election, cheering the markets.
The shipping estimate for Apple’s new iPhone 4S indicates that customers pre-ordered the new smartphone can expect their devices to be shipped from one to two weeks.
The U.S. men's soccer team has, finally, recorded its first win under new coach Jurgen Klinsmann. Clint Dempsey (who plays with Fulham Football Club in England's Premier League) scored on 36 minutes, in an exhibition match against the Honduras on Saturday, to hand Klinsmann his first win in his fourth game in charge of the U.S. national team.
Poles are voting in a parliamentary election Sunday, likely to give the ruling center-right Civic Platform four more years in power to press on with gradual economic reforms and closer ties with the EU.
German Chancellor Angela Merkel will thrash out differences with French President Nicolas Sarkozy Sunday over how to use the Eurozone's financial firepower to counter a sovereign debt crisis threatening the global economy.
Given the likelihood one of the biggest rivals of the iPhone 4S will be the Samsung Galaxy S2, it will be interesting to have a comparison of the features of the two competitors.
Two weeks into the Occupy Wall Street protests, one of America’s most respected polling firms released an astonishing survey on economic divisions showing that a majority of Americans don’t think their society is divided between haves and have-nots.
Officials are conducting DNA tests to see if a Swiss couple is in fact the German “forest boy” Ray’s grandparents.
Stocks were little changed on Friday following a three-day rally after more jobs were created than expected in September, helping to ease concerns the economy was heading back into recession.