ABB Buying Thomas & Betts for $3.9 Billion
Swiss engineering group ABB said it had agreed to buy U.S. electrical components maker Thomas & Betts for $3.9 billion to ramp up its presence in the world's largest market for low-voltage products.
Euro zone confidence improves, highlights divergence
Confidence in the euro zone's economy strengthened in January for the first time since early 2011, EU data showed on Monday, but a recovery in Germany masked a deterioration in France and Italy, highlighting the bloc's diverging fortunes.
Facebook to File for $10-Bln IPO: Is $100-Bln Valuation for the Company Appropriate?
Facebook Inc., the world's largest social networking site, is getting closer to its initial public offering this week as the company is reportedly planning to file papers with the U.S. financial watchdog on Wednesday. Speculation is rife that the social media giant is aiming to raise about $10 billion, which would value the company at between $75 billion and $100 billion.
Honda out to shake up market with first jet next year
Honda Motor Co <7267.T> expects to grab at least a quarter of the world market for small business jets soon after delivering its first aircraft next year, achieving the company's long-standing goal of taking to the skies, an executive said.
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China to make Shanghai global yuan hub by 2015
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Rebel Forces Withdraw from Suburbs of Damascus
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China to Make Shanghai World's Yuan Center by 2015
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China's Wen: government debt risk controllable
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Trump's Buy Tip Before Tariff Reversal Nets Massive One-day Gains for Investors Who Followed
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
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Assad Forces Retake Damacsus Suburbs in Bloody Assault
Armored forces loyal to President Bashar al-Assad took control Sunday of eastern suburbs of Damascus from opposition fighters after two days of bombardment and fighting with rebels, activists said Sunday night.
South Sudan Cuts Oil Flow, Demands Border Pact
South Sudan has totally shut down oil output in a dispute with Sudan over export transit fees and will only restart after the two reach a deal covering border security and the disputed Abyei region, its oil minister said Sunday.
Syrian Troops Assault Rebel-Held Towns Near Damascus
Around 2,000 Syrian troops backed by tanks launched an assault to retake Damascus suburbs from rebels Sunday, activists said, a day after the Arab League suspended its monitoring mission in Syria because of worsening violence.
Iran Mulls Long-Term, Very Long-Term, Ban on EU Oil Sales
Iran is considering banning all oil exports to the European Union for five to 15 years, a senior Iranian lawmaker was quoted as saying on Sunday, while the country's deputy oil minister said prices would surge should the EU stop importing Iranian crude.
Trade cheats beware: new U.S. team will come after you: Kirk
A new team of U.S. trade enforcers will make countries think twice about putting up unfair barriers to American exports, President Barack Obama's top trade official said.
Myanmar's Aung San Suu Kyi Calls for Constitutional Changes
Awaiting the Great Transformation: Myanmar opposition leader Aung San Suu Kyi called on Sunday for changes to the military-drafted constitution in her first political trip since ending a boycott of the country's political system last year and announcing plans to run for parliament.
Beware, Trade Cheats: New U.S. Team Getting Ready for You
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.
Happy Birthday iPad: 3 Realistic Expectations for the Next-Generation Tablet
The iPad celebrated its second birthday on Friday, adding to the hype and anticipation surrounding the release of the iPad 3.
Arctic Ice Melt Lifts Hopes for Russian Maritime Trade
When severe snowstorms prevented life-sustaining fuel supplies from reaching the frozen Alaskan town of Nome, U.S. officials turned to a Russian company for help.
Apple Not Turning 'Blind Eye' to Supply Chain Problems: CEO
Apple Inc has never turned a blind eye to the problems in its supply chain and any suggestion it does not care about the plight of workers is patently false, Apple Chief Executive Tim Cook said in an email to employees.
IMF leads global push for euro zone to boost firewall
International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying if it is big enough it will not get used.
African Union Unveils New Headquarters… Built by China
The building took three years to construct and involved 1,200 Chinese and Ethiopian workers.
Arab League Suspends Its Syria Mission amid Raging Violence
The Arab League said on Saturday it had suspended its monitoring mission in Syria because of the critical deterioration of the situation as state security forces battled rebels holding three suburbs just outside Damascus.
Petrobras CEO Sees Oil at Between $105 and $125 per Barrel This Year
Demand from emerging markets and financial flows will keep crude prices high and volatile in a range from $105 to $125 per barrel in 2012, Petrobras CEO Jose Sergio Gabrielli said on Saturday.
Iran Strikes Back at the EU with Its Own Oil-Embargo Threat
Fighting sanctions with sanctions in a test of strength with the West over its nuclear ambitions, Iran warned on Friday it may halt oil exports to Europe next week in a move calculated to hurt ailing European economies.
U.N. Security Council Considers Resolution Calling for Assad to Step Down
After nearly a year of continued violence in Syria, the UN Security Council will debate a resolution demanding Assad step down.
Apple iPad Factory Violations in China: Tim Cook Says, 'Not Who We Are'
Apple celebrated the second birthday of the iPad on Friday, but the tablet's success has been overshadowed by a recent report from the New York Times that exposes labor violations at Apple's supply chain in China.
Twitter Blackout: Censorship Protest Urges Users to 'Go Dark' Saturday for #TwitterBlackout
A Twitter blackout aimed at protesting censorship on the social media site is sweeping the web as its proponents urge users to go dark Saturday using the hash tag #TwitterBlackout.
Why Apple's Killer Quarter Puts Pressure on iPad 3, iPhone 5
Apple announced its most profitable quarter ever on Tuesday, but now that the bar is set so high, all eyes will be on the next iPad and iPhone to carry the company's success through the year.
Apple Not Turning Blind Eye to Supply Chain Problems: CEO
Apple Inc. has never turned a blind eye to the problems in its supply chain, and any suggestion it does not care about the plight of workers is patently false, Apple Chief Executive Tim Cook said in an e-mail to employees.
Syria Violence Kills 37, U.N. Security Council to Meet
There was no let-up in violence on Friday, when anti-Assad protests again erupted after weekly Muslim prayers.
Twitter Censorship: How to Bypass New Regulations
Twitter's announcement to censor tweets in countries that violate speech laws incited outcry on the Internet, but there are ways to get around the new regulations.
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