The International Center for Settlement of Investment Disputes has advised Crystallex International Corp. that proceedings in its $3.8 billion case against Venezuela for nationalizng gold-mining assets has begun.
A top U.S. Treasury Department official cautioned counterparts at the Energy Department that their plan to help a failing solar-power company, Solyndra LLC, by restructuring its $535 million federal loan could violate the law and should be cleared with the Justice Department.
South African peace icon Archbishop Desmond Tutu celebrated his 80th birthday on Friday in the church where he preached against apartheid, just a few days after saying the former liberation movement now in government was in some ways even worse.
Sprint has already committed to purchasing 30.5 million iPhones over 4 years, which is estimated to cost $20 billion at current rates. The decision could reap rewards for the struggling carrier, or could have devastating consequences.
Fiction writer Mitchell Graham has been charged in a multi-million dollar scam in which prosecutors allege he swindled money from women he met online.
Turmoil in the stock market has “frozen” initial public offerings by technology companies and could harm development and job growth, National Venture Capital Association President Mark Heesen warned.
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.
Gold will stay strong due to a lack of alternative havens for investors operating in a slowing global economy, top performing commodity fund managers told Reuters after taking a defensive approach and going into cash during September's gold sell off.
Moody’s believes that the UK government will “more likely now … allow smaller institutions to fail if they become financially troubled.” Shares of RBS and Lloyds were down as much as 3.5 percent in London trading.
Oracle has announced JavaFX 2.0 and its plans to move Java forward and continue investment in mobile platforms such as Java ME and Oracle Application Development Framework (ADF) Mobile in the OpenWorld conference.
NASA will start accepting applications for its next class of astronaut candidates in November according to anew announcement it has made.
In an odd twist, California business groups applauded Governor Jerry Brown for signing legislation on Thursday to create a new layer of government regulation they say will lessen the burdens imposed by future regulations.
While broadcasters and advertisers dodged a huge bullet when the NFL solved its labor issues, it doesn't look like they will be as lucky with the NBA.
The death of Steve Jobs, 56, Wednesday marked the end of the Apple co-founder's life, but not the end of his legacy. With Pixar, Steve Jobs changed the film industry and animated motion pictures forever.
Sony Corp has secured financing from an Abu Dhabi investment fund to back its bid for British music company EMI, a media report said, an acquisition that would beef up its content catalogue as it struggles to compete with Apple .
MetLife Inc (MET.N), the largest life insurer in the United States, said on Thursday it would take up to $275 million in third-quarter charges, in part to increase reserves for policies where it may know the holder is dead but no claim has been filed.
Hewlett-Packard (HPQ) has produced its share of headlines in the past two months, and not all of them have been pleasant. Where is Hewlett's stock headed from here?
South Africa has tapped the head of risk management at a local investment bank as its next banking regulator, the central bank said in a statement on Thursday.
Absa Group, the South African bank majority owned by British lender Barclays, said it would merge its business and retail banking units and has also created a small team of Barclays and Absa executives to lead its expansion across the continent.
Gold fell in choppy trade on Thursday after the European Central Bank held off flagging an imminent cut in interest rates, deflating an earlier rally in assets seen as higher risk, such as equities and the euro.
Finance Minister Jim Flaherty voiced cautious optimism on Wednesday that Canada would be granted an exemption from an onerous U.S. tax reporting law that he called an inefficient use of capital.
The Mongolian government, Ivanhoe Mines and partner Rio Tinto have agreed to back a 2009 investment agreement for the massive Oyu Tolgoi copper-gold deposit, ending discussions over possible changes.
