Because of financial constraints at Qantas Airways -- Australia's biggest carrier --150 of the company's 2,000 pilots went on unpaid leave.
European shares fell in low volume on Wednesday, halting four days of gains, led by banks after Italian lender UniCredit priced a rights issue at a massive discount, highlighting the struggle the sector faces to raise funds.
Now that Scott Thomson, 53, has been elected as Yahoo’s new CEO as well as a director, here are a couple of items the technology savvy accountant needs to take care of fast:
Twitter apologized Tuesday for mistakenly verifying what was a fake account for Wendi Deng Murdoch, wife of News Corp. Chief Executive Rupert Murdoch, reports Reuters.
Prime Minister Lee Hsien Loong’s pay would be slashed by 36 percent, while President’s Tony Tan salary would shrink by more than half (51 percent).
European shares slipped from five-month highs on Wednesday, with Italy's UniCredit leading banks lower after it priced a capital increase at a deep discount, suggesting a weak appetite at a time when several lenders face capital increases.
The top pre-market NASDAQ Stock Market gainers are: TiVo, Arena Pharmaceuticals, Lululemon Athletica, Qiagen, and AVEO Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Life Partners Holdings, Acme Packet, BioMimetic Therapeutics, NetApp, Aruba Networks, Yahoo, and Apple.
The upstream regulator has cleared Reliance Industries' $1.53 billion plan to develop four satellite fields to boost output at its D6 block and sent it for final government approval, an official source said on Wednesday.
The top after-market NASDAQ stock market gainers are: TiVo, Arena Pharmaceuticals, A123 Systems, Unilife and Team. The top after-market NASDAQ Stock Market losers are: Life Partners Holdings, Acme Packet, BioMimetic Therapeutics, Progress Software and Amarin.
Minka Disbrow, 100, recently reunited with the daughter she gave up for adoption 77 years ago.
Shares of troubled BlackBerry developer Research in Motion leaped as much as 9.3 percent Tuesday on reports the company would elect an outside director as chairman.
European stocks rose to their highest close in five months on Tuesday after strong manufacturing data from the world's two biggest economies, the United States and China, boosted investor confidence and helped shift attention away from the Eurozone.
54 Canal Street, the former site of Jarmulowsky Bank in Manhattan, has sold for $36 million, according to city records.
Indianapolis finished the season with just two wins.
Chicago Bears fans rejoiced this morning after general manager Jerry Angelo was ousted from Halas Hall. Fans of the Monsters of the Midway complained about Angelo's often questionable decisions regarding free agency and the team, which most recently took form in Angelo's resistance against signing Pro Bowl running back Matt Forte to a long-term deal.
European stocks were higher early Tuesday afternoon, hitting a two-month high on sharp gains in cyclical mining shares, while simmering concerns over the Eurozone crisis sent French and Spanish markets lower.
Most Southeast Asian stock markets rose on Tuesday, with risk appetite improving at the start of the new year and as sentiment was boosted by a rally in European stocks and positive Chinese economic data. Japan's market re-opens on Wednesday.
Stock index futures rose sharply on Tuesday as upbeat Chinese and German data boosted optimism about the global economy after the S&P 500 index ended flat in 2011.
Food prices may ease in 2012 due to a slowing global economy, though no drastic drop from high levels is expected, the new director-general of the U.N.'s Food and Agriculture Organisation said on Tuesday.
Reliance Industries said it would invest in media group TV18's two main companies, marking a major foray into the media sector by the energy-focused conglomerate and giving a boost to its plans to launch 4G services.
Stock index futures rose on Tuesday as investors returned to the market optimistic about the global economy after Wall Street ended flat in 2011.
If you are yet to decide how to use the new gadgets you've just received this Christmas, hold your breath as another set of minblowing tech bonanzas are ready to turn you around next week. This year's Consumer Electronics Show (CES) is scheduled to take place in Las Vegas from Jan. 10 to Jan. 13.
