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U.S. bank is raising money to weather a severe downturn Bank of America has sold part of its stake in China Construction Bank for $2.8 billion. Planned layoffs at U.S. firms eased in December from the previous month’s...
Published: Jan. 7, 2009 at 3:05 PM KABUL, Afghanistan, Jan. 7 (UPI) -- Coalition troops killed 32 suspected militants in Afghanistan as part of an operation targeting a possible bombing cell, the military said Wednesday. The...
CAIRO (AP) — al-Qaeda's No. 2 leader lashed out at President-elect Barack Obama in a new audio message Tuesday, accusing him of not doing anything to stop Israel's offensive in the Gaza Strip, according to an intelligence...
MOSCOW (Reuters) - Alcoa Inc , which is cutting aluminum production and jobs in the face of the global economic downturn, plans measures in Russia that will affect 18 percent of its workforce in the country, the company said on...
BANGALORE (Reuters) - The head of Indian outsourcing company Satyam Computer Services resigned on Wednesday, disclosing that profits had been falsely inflated for years and sending its shares plunging nearly 80 percent.
LONDON -- European stock markets fell Wednesday after a mixed performance in Asia as investors took profits on solid New Year gains, though sentiment remains relatively upbeat as markets look through grim economic news to a...
President-elect Barack Obama and his top aides called lawmakers, deployed surrogates and offered public testimonials as they scrambled to mend a divide in Democratic Party ranks over the nomination of Leon Panetta, a former...
Palestinians inspect in the rubble of their homes following an Israeli air strike in Rafah in southern Gaza on January 7, 2009. Fighting resumed after Israel allowed a three-hour truce to let humanitarian aid into Gaza. About...
Nationalism plays a part in China's move to support a homegrown 3G mobile technology, in addition to more widely accepted standards. For the sake of having its own, Chinese-made third-generation mobile communications network,...
WASHINGTON (Reuters) - President-elect Barack Obama should seek tougher sanctions against Iran, which will be his biggest Middle East challenge, outgoing White House national security adviser Stephen Hadley said on Wednesday.
