European Central Bank President Mario Draghi said Thursday the “euro is irreversible” and announced a new bond-buying plan “Outright Monetary Transactions,” or OMTs, aimed at lowering the struggling euro zone countries’ borrowing costs which would serve as a “fully effective backstop.”
Samsung Electronics (Seoul: 005930) said shipments of its latest-version Galaxy S3 smartphone exceed 20 million, only six weeks after passing the 10 million mark. The announcement cements the South Korean electronics giant’s lead as the No. 1 seller in the Android OS sector.
The number of Americans filing new claims for jobless benefits fell last week to its lowest level in a month, an upbeat signal for a labor market that has struggled to create enough jobs.
The U.S. Federal Communications Commission (FCC) will commence evaluation of the mobile broadband speed to help customers know if they are getting value for money.
A high court judge in India has come under attack after he said that it was okay for a man to beat his wife as long as he took good care of her.
Nokia Corp, Telefonica, ABB Ltd, Procter & Gamble, ArcelorMittal, Facebook, Abercrombie & Fitch, Citigroup and Groupon Inc are among the companies whose shares are moving in pre-market trading Thursday.
Even as FBI denied Antisec Hacker group's claim that it stole personal identification data from millions of Apple device owners, news of Obama's iPad being compromised is making rounds in technology circuits.
There are now at least 10,000 Nigerian prostitutes – perhaps as many as 20,000 – in Italy alone.
Yemen will receive $6.4 billion in foreign aid as it struggles to rebuild its economy following shaky political transition in the face of food and water shortages and ongoing internal conflicts with Al Qaeda militants in the south and Shiite insurgents in the north.
The stakes are high. Friday's August jobs report will be the last major data point for the Federal Reserve to consider ahead of the Sept. 12-13 FOMC meeting.
Fire mishaps in India's biggest fireworks manufacturing hub of Sivakasi have been too frequent that the callous government approach in enforcing safety standards seems more shocking than the accidents themselves.
Asian stock markets advanced Thursday as market participants awaited the European Central Bank (ECB) policy decision meeting later in the day.
The U.S. stock index futures point to a higher open Thursday as investor sentiment was underpinned by the expectation that the European Central Bank would announce stimulus measures to ease the euro zone debt burden.
European markets rose Thursday on hopes ahead of the European Central Bank meeting where the bank is expected to announce policy measures to boost the euro zone economy and revive growth momentum.
Apple (AAPL) stock closed Sept.5 at $670.23 losing 4.74 points ending 0.70% lower than the previous close. The marginal fall indicates that Apple is not heavily impacted by the new phone launches from competitors Nokia, Motorola and Samsung.
The top after-market Nasdaq gainers Wednesday were Amyris Inc, Theravance Inc, KiOR Inc, Mitcham Industries Inc and TechTarget Inc. The top after-market Nasdaq losers were Cross Country Healthcare Inc, Warner Chilcott plc, SeaChange International Inc, Conn's and ZAGG Inc.
The top after-market NYSE gainers Wednesday were AAR Corp, Men's Wearhouse, Heckmann Corp, OM Group and Aeroflex Holding Corp. The top after-market NYSE losers were VeriFone Systems, First Bancorp, Sealed Air Corp, Cooper Tire & Rubber and Enbridge Energy Partners, L.P.
South Korea's economic growth slowed down to 0.3 percent in the second quarter this year compared to previous three months, weighed down by the faltering global economy and the intensifying debt crisis in the euro zone, revised data released by the Bank of Korea Thursday showed.
The finance and oil ministries are lobbying for an increase in prices of diesel, kerosene and LPG, warning cabinet colleagues that time is running out to avert a fiscal disaster and a sovereign credit downgrade to junk by global ratings agencies.
"I want you to know I believe it. With all my heart, I believe it," Clinton said, telling the audience that President Obama is the person who will improve the lives of middle class families.
Most of the Asian markets rose Thursday as investors remained hopeful that the European Central Bank would announce stimulus measures soon to help boost the euro zone economic growth.
For more than a year, most Apple fans and followers of the brand have called the company's sixth-generation smartphone "the iPhone 5." But after releasing the new iPad in March - not the iPad 3, or the iPad HD - it looks like Apple will once again release a new iOS device without a distinguishing name or number. A newly-released photo shows a woman holding the iPhone 5 packaging box, but the label very clearly reads, "The new iPhone."
Ubisoft Entertainment announced on Wednesday that it is abandoning its always-online digital rights management (DRM) practices for PC games, ending a long battle between the software publisher and its critics and consumers over the controversial anti-piracy measure.
BitTorrent sites that allow users to download illegal content are being monitored by anti-piracy groups more than ever. These measure could have an effect on the return of Demonoid.
According to Nielsen, the left-leaning MSNBC was the ratings winner among cable news networks that covered the opening of the DNC on Tuesday, a different picture from last week when Fox News cleaned house during the RNC.
The government is suspected of having spent billions to promote Vladivostok as a major new hub on the Pacific rim, but there are plenty of doubts about whether that will really happen.
Railroad executives said Wednesday that they are not expecting strong growth in cargo volume in the pre-holiday shopping season, but most future holiday gifts are delivered by trucks.
While the presidential candidates' plans to tackle unemployment, the national debt, health care reform, immigration, gay marriage and gun control might be the topics that have Main Street voters buzzing ahead of this year's election, a new report by the global equity research team at Standard & Poor's shows Wall Street investors have very different policy debates in mind.
Bullfighting returned to Spanish public television for the first time in six years on Wednesday evening.
X-rays indicated that the diamond is trapped in his gullet and might be very difficult to extricate.