Rio Tinto PLC, the world's second largest iron ore miner, is set to spend more than half a billion dollars automating cars, trains and trucks at one of its Western Australia mines so that they can be operated remotely.
Satellite firm Inmarsat said LightSquared, a venture struggling to build a U.S. mobile broadband service with Inmarsat's spectrum, failed to pay a $56.25 million installment to the British company.
Kate Middleton's style has been center stage since the beautiful brunette married Prince William last April. Now, as more and more Fall 2012 collections are revealed at London Fashion Week, it is clear that Middleton's Duchess Effect has taken on a life of its own.
The Frankfurt Airport strike will continue through Wednesday as the GdF union and airport operator Fraport AG struggle to reach an agreement.
After showing off her Red Label brand at London Fashion Week, the ever outspoken Dame Vivienne Westwood reportedly said that conformist shoppers and cheap clothes have given society a generic look and has said that people should use their limited resources to by less clothing and choose well.
Designers Vivienne Westwood, Paul Smith and Matthew Williamson led the fashion pack on the catwalks in London late on Sunday, mixing the baggy and bright with muted colors and tailored elegance for the feminine form.
Samsung Electronics will spin off its liquid crystal display division, dumping an unprofitable segment as the company shifts its focus towards thinner displays.
The Reston, Va.-based closely held company failed to pay London-based telecommunications firm Inmarsat $56.3 million under a spectrum-cooperation accord, Bloomberg reported Monday. Inmarsat was providing wireless spectrum for the wireless network LightSquared wants to build out in the U.S.
Media conglomerate Vivendi, the Paris-based parent of Universal Music Group, officially sought approval from the European Union to purchase London-based EMI Group's recorded-music business, the European Commission announced Monday on its website.
Glenn Mangham, a 26-year-old software development student from Cornlands Road, York in Great Britain, was sentenced to eight months in jail after he admitted hacking into Facebook from his bedroom in his parents' house between April and May 2011.
Crude oil prices jumped in European trade Monday after Iran said it halted oil exports to the UK and France in reply to the European Union's economic sanctions over its disputed nuclear program.
Asian stock markets made gains on Monday as policy easing by China and expectations of a final sign-off of the second bailout package for Greece buoyed investor sentiment.
Police and regime militia patrols fanned out in Damascus' Mezze district Sunday to prevent a repeat of protests against President Bashar al-Assad that have threatened his grip on the capital, opposition activists said.
Police and militia patrols fanned out in the Syrian capital's Mezze district on Sunday to prevent a repeat of protests against President Bashar al-Assad that have threatened his grip on Damascus, opposition activists said.
Just hours after wrapping up her work in New York, Victoria Beckham was seen boarding a plane back to her homeland, Landon, to launch her collection for London fashion week.
The 2012 London Fashion Week kicked off Friday, Feb.17, with opening line-ups from previous year's Fashion Fringe prize winner, Israeli-born designers Golan Frydman and Latvian Fyodor Podgorny, and their bold see-through ensembles, alien-inspired green glittery skin, tribal nose rings, piercings, and innovative hair-dos.
The feel-good Civil Rights drama is almost sure to pick up an acting trophy, but a Best Picture Oscar is a long shot
British Fashion Council Chairman Harold Tillman said on Friday that Britain should be doing more to encourage Chinese shoppers to visit, and more importantly shop in, the capital.
China’s Vice President Xi Jinping, on the last day of a much-ballyhooed five-day trip through the United States, said the Chinese economy will avoid a “hard landing” this year and maintain stable growth.
Shares of Google appeared to brush off reports a Stanford University study had found it had compromised the privacy of Apple iPhone customers.
Guus Hiddink has been named as the new manager of big-spending Russian club Anzhi Makhachkala.
Some European leaders have expressed optimism that the next round of rescue financing for debt-scarred Greece will be approved by Eurozone finance ministers at a crucial meeting in Brussels on Monday.
