American Apparel Takeover Offer Far Too Low: Report
December 23 2014 12:06 AM
According to sources, the bid by Irving Place Capital to buy the retailer for up to $1.40 per share was far too low.
JPMorgan Data Breach Entry Point Identified, Report Says
December 22 2014 10:43 PM
A computer breach at JPMorgan Chase & Co (JPM.N) earlier this year could have been avoided if the bank had installed a simple security fix to an overlooked server in its network, the New York Times reported.
Man Rams Van Into Christmas Market In France
December 22 2014 9:28 PM
Prosecutors said he driver suffered from mental illness and had received psychiatric care over 150 times in 13 years.
Alstom To Pay Record $772M To Settle Bribery Charges With US
December 22 2014 9:24 PM
The French firm Alstom SA (ALSO.PA) has pleaded guilty and will pay $772 million in criminal penalties to settle charges with the U.S. Justice Department alleging the company bribed government officials to win business around the world.
Ukraine Peace Talks May Be In Minsk Dec. 24, 26: Poroshenko
December 22 2014 3:37 PM
The dates were discussed in a phone conversation among France's Hollande, Germany's Merkel and Russia's Putin.
Six Dead As Garbage Truck Plows Into Christmas Shoppers In Glasgow
December 22 2014 1:41 PM
Two witnesses on a tour bus said the driver of the truck had been slumped over the steering wheel as it plowed down the street.
Air China Signs Deal To Purchase 60 Boeing B737 Aircraft
December 22 2014 7:18 AM
The order comes four months after Boeing Co won an order for 80 737 planes from Singapore-based BOC Aviation.
Britain Watchdog To Probe PwC Over Tesco Accounting Scandal
December 22 2014 7:18 AM
UK's Financial Reporting Council has launched an inquiry into PwC over its auditing of Tesco's 2012, 2013 and 2014 accounts.
Taiwan Says Uber 'Violating Law' By Operating Without License
December 22 2014 4:05 AM
Uber faces an array of challenges and bans in several cities around the world, and yet continues to attract funding.
Brent Climbs Toward $63 Amid Stronger Asia Markets
December 22 2014 3:42 AM
Analysts predict prices will remain over $60 barrel for the rest of the year, but also say further large jumps are unlikely.
Britain Weighs Up Oil Industry Calls For North Sea Tax Breaks
December 22 2014 2:41 AM
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
China Stock Connect Scheme Scorecard Throws Up Surprises
December 22 2014 1:25 AM
Regulatory hurdles have kept out a large swathe of the investment community despite a sizzling stock market rally on the mainland.
UK Firms Expect To Pay Higher Wages In 2015, Industry Body Says
December 22 2014 12:29 AM
British companies plan to cautiously relax their grip on pay in 2015.
China Foreign Minister Says Willing To Help Russia
December 21 2014 11:56 PM
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a weaker ruble.
Syria Says Israeli Drone Downed In Quneitra
December 21 2014 7:34 PM
Quneitra has seen heavy fighting between forces loyal to President Bashar Assad and rebels including al Qaeda-linked fighters.
Invoking Allah, Driver Slams Car Into Pedestrians In Eastern France
December 21 2014 6:20 PM
France is on high alert for attacks from Islamist extremists.
Saudi Arabia Says Won't Cut Oil Output
December 21 2014 2:01 PM
Saudi Oil Minister Ali al-Naimi blamed falling oil prices on speculators and lack of cooperation from non-OPEC members
Tunisia's Essebsi Campaign Claims Vote Victory
December 21 2014 1:33 PM
"I dedicate my victory to the martyrs of Tunisia," Essebsi said in claiming victory.
Lithuania Looks For Happy New Year As It Joins Eurozone
December 21 2014 1:04 PM
New Year’s Day, Lithuania will become the last of the Baltic states to join the euro currency bloc.
Saudi Arabia Won't Cut Its Crude-Oil Production
December 21 2014 1:00 PM
Saudi Arabia Oil Minister Ali al-Naimi says other countries are welcome to cut their oil output, but that his country will not be doing it.