Even as the protests against Apple's workers mistreatment practice are surging incessantly, there are still thousands of Chinese job seekers who are lining up in front of the gates of Foxconn, the company's major product manufacturer in China, hoping that they will be hired to work on iPhone 5 production.
The rupee hit a near three-month high on Wednesday, clawing back all early losses, supported by robust dollar inflows, local share gains and a recovery in the euro.
Gold rallied for a second day on Wednesday as the euro rebounded following upbeat German economic data, building on gains in January that marked the metal's strongest starting month in 32 years.
The BSE Sensex rebounded in late trade on Wednesday to post its highest close in 12 weeks, as metal producers and auto makers jumped, although investors were doubtful the rally could be sustained after a rise of nearly 12 percent so far this year.
Greece's prime minister is seeking backing from the country's political leaders for more austerity measures, with the International Monetary Fund warning that long-term commitment to reforms is key to securing a new bailout.
The Council of Fashion Designers of America (CFDA) has stirred a controversy after deciding to move out of their current office from New York's Garment District which is regarded as the heart of the fashion industry in the city.
President Barack Obama pushed into second-gear at the Washington Auto Show on Tuesday, taking a swipe at potential challenger Mitt Romney as the Republican primaries in Florida were underway.
Chrysler is profiting from strong Jeep sales and automakers are expected today to announce healthy year-over-year January sales increases in the U.S., with only General Motors Corp. trailing the pack.
Merck & Co., the second-largest U.S. drugmaker, is projected to report stronger fourth-quarter profit on double-digit growth of key products, an increasing emerging markets presence and further cost reductions.
Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.
Toshiba Corp., Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit on Tuesday and slashed its annual profit forecast as a strong yen and the Eurozone debt crisis hit profits.
Hong Kong shares rose on Tuesday with the Hang Seng Index streaking to its best January since 1996, but further upside is expected to be capped going into earnings season after several profit warnings from mainland companies.
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and Nasdaq 100 indexes up 0.5-0.6 percent.
Asian shares and the euro rose on Tuesday after Greek Prime Minister Lucas Papademos raised hopes that a deal would be reached this week to avoid a potentially chaotic debt default, but worries over Portugal's refinancing ability capped gains.
Chrysler plans on adding 1,600 production workers to an Illinois assembly plant, the first step in a rejuvenation the company expects will add thousands of workers to its payroll over the next three years.
India has stated that it will not cut its oil imports from Iran despite the sanctions laid down against Iran by the U.S and the European Union.
Delivery trucks wear out, computers break down, software becomes outdated -- and finally businesses have to start investing in new equipment. Companies that want to remain competitive have to start spending again as an economy slowly recovers.
January has turned out to be strong for stocks with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
A new team of U.S. trade enforcers will make countries think twice about building unfair barriers to American exports, said President Barack Obama's top trade official, who noted the team will include intelligence officials as well as representatives of multiple agencies.
Lab-manufactured blood vessels may soon replace riskier bypass surgeries for heart attack patients after a team of researchers from the Cambridge University successfully developed the three main types of cells that make up the wall of a blood vessel.
January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
Greenpeace alleges TransCanada's Canadian and U.S. filings demonstrates the company used 'false or misleading' job creation numbers to bolster approval for the Keystone XL pipeline.