INVESTMENT

Speaking at a summit in Brussels, the heads of Germany and several EU institutions all urged the debt-stricken country to stick to the deeply unpopular tax hikes, labor reforms and welfare cuts that have divided Greece and pushed it to the brink of exiting the currency union.

China's manufacturing activity fell in May compared to April and continued to contract for the seventh straight month, according to the preliminary HSBC Flash Purchasing Managers Index (PMI) released Thursday.

As European leaders struggled to hold the euro zone together at a nighttime summit in Brussels, a widening gap emerged between Germany and France, which are now under new management.

Business Review Weekly named Australian mining tycoon Gina Rinehart the World's Richest Woman, surpassing Wal-Mart heiress Christy Walton.

Ifeadi called the Chinese scavengers who were taking jobs that should be the exclusive preserve of Nigerian people.

According to a new report from the Global Business Travel Association, 12- to 15-hour flights to China may soon become the norm for U.S. and European business travelers.

An annual GDP growth rate of 8 percent would be an economic miracle in most of the world. In China, it has the government looking for ways to help the economy grow more -- but not by spending indiscriminately for stimulus plans.

Dollars? He's got billions. Facebook friends? He's got millions. His name is Mark Zuckerberg.

How green is your city?

European consumers are tightening the purse strings as their confidence in the region's economy continues to fade amid concern that the recession may worsen.

Ford Motor Company (NYSE: F) shares climbed almost 2 percent in mid-day trading Wednesday, a day after Moody's Investors Service upgraded the Dearborn, Mich.-based automaker's credit rating to investment grade.

Spain may say on Wednesday how it will plug a hole of at least 8 billion euros ($10.21 billion) at Bankia, part of an effort to clean up a banking sector laden with bad debts and stop the country sinking further into the euro zone debt crisis.

The Indian rupee descended to the all-time-low of 56.04 per dollar Wednesday even as the Reserve Bank of India and the Indian government said that they were monitoring the situation closely and taking corrective measures.

Egypt went to polls Wednesday in country's first free election for a president after weeks of intense speculation and debate. The historic presidential election, contested by Islamists and secularists, heralds the setting up of a democratic system.

The G8 leaders also said that it is ?our imperative to promote growth and jobs?.

The U.S. sale of advanced F-16s fighter jets to Taiwan is looking more likely than ever of being formalized into law, after being approved by the U.S. House of Representatives.

As Republicans take the words of Newark Mayor Cory Booker and other Democrats to slam Obama's attack on Mitt Romney's private-equity roots, Democrats would like to remind the public that prominent GOP politicians have gone after Bain Capital, too.

Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (NYSE: BLK) bought 21 percent of the company, CVC Capital Partners, owner of Formula 1, confirmed Tuesday.

It has been assumed from the beginning that the 2012 presidential campaign will hinge on the economy, and a new Washington Post/ABC News poll finds voters split on whether President Barack Obama or Mitt Romney is better equipped to tackle the paramount issue.

As U.S. entertainment companies look for new opportunities in light of a stagnant home market, new partnerships with China are emerging, but the process of linking media worlds between the two countries is also a two-way street.

Blaming the Euro Zone crisis for a weak Indian economy Indian Finance3 Minister Pranab Mukherjee said that government is taking several steps to protect the economy and rupee from further pressures.