The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
The euro zone debt crisis is escalating and could derail the global economic recovery, the International Monetary Fund warned on Tuesday as it called for urgent action to restore confidence.
About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a new Ipsos/Reuters poll.
ConocoPhillips, the third largest energy company in the U.S., is expected to post higher fourth-quarter earnings as soaring crude oil prices offset big losses anticipated in the company's refining operations.
Upscale leather goods maker Coach Inc posted higher-than-expected earnings and sales for the holiday quarter, helped by its growing favor with male shoppers, and its shares rose more than 6 percent.
Human rights groups claim that Chinese security forces fired upon dozens of Tibetan protesters during a protest march.
Xi is largely an unknown entity to U.S. officials.
Chinese communities across the world celebrated the first day of the lunar year and of their New Year, on Monday, Jan. 23.
With the beginning of the luckiest Chinese lunar year, the year of the Dragon, China expects a dragon baby boom.
While global financial markets have calmed down in the waning days of 2011 and early 2012, debt problems in eurozone, China's real estate problem and oil price pressure are three big concerns which haunt the near-term outlook according to a leading macro-economy guidance organization.
Japan's Nikkei average hit its highest level in nearly three months Tuesday on hopes that a Greek debt deal will still be reached even after European finance ministers rejected an offer by Greece's private creditors.
The International Labour Organization sounded the alarm on the global jobs situation in its annual report on Monday and called for more coordination of fiscal policies, repair and regulation of the financial sector and support for the real economy.
U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.
U.S. intelligence agencies have unique capabilities that can help protect American companies from cyber espionage and attack, but it will probably take a crisis to change laws to allow that type of cooperation, a former spy chief said on Monday.
Yahoo, now under new management, is scheduled to report mediocre fourth-quarter results Tuesday, with flat earnings around $24 cents a share, with about a 1 percent revenue dip to $1.19 billion.
Gold rose 1 percent on Monday to a six-week high, boosted by technical buying and as the euro rallied ahead of the outcome of a euro zone meeting on Greek debt restructuring.
European stocks hit their highest close since early August on Monday, with euro zone banks gaining sharply following a report that France and Germany were calling for a relaxation of global bank capital rules to prevent a credit crunch.
Is a proposed Napoleon Bonaparte-themed amusement park Napoleonland the answer to France's economic woes?
No Chinese festival can compare with the Lunar New Year. The Chinese new year celebrations officially began on Monday and millions of Chinese worldwide welcomed the year of the dragon by kicking off the Spring Festival, which will continue for about two weeks until the Lantern Festival on February 6.
The ethnic Chinese population of Indonesia has long existed as a despised and envied minority group.
Which countries buy the most Iranian oil and what does it mean for the international community's attempt to stop Iran's nuclear program?
With a taste for Jimmy Choo shoes and Hermes handbags, Choice Okoro's idea of shopping is a world away from her mother's.