The euro single-currency system could be derailed unless European leaders resolve the debt crisis, a situation that has already prompted Fiat SpA and its affiliate Chrysler Group LLC to examine the timing of vehicle introductions, Fiat's CEO said on Tuesday.
While Paul Krugman stirred up controversy with his Sept. 11 blog, presidential candidate Rep. Ron Paul, R, Texas, followed suit, writing a blogpost on Sunday titled, Ask the right questions and face the truth.
Cisco Systems Inc Chief Executive John Chambers remains upbeat about technology spending by customers in an uncertain economy and pledged on Tuesday to drive growth in emerging markets.
London-based explorer Tullow Oil's long-running deal to bring France's Total and China's CNOOC into a $10 billion oil project in Uganda is near its conclusion, the east African country's energy minister said.
Dell Inc, the world's second-largest computer maker, is cautiously optimistic that its strong performance in Europe and Asia will continue, but is concerned about U.S. government spending, an executive said.
The 68th annual Venice Film Festival closed on Saturday with the presentation of the Golden Lion awards. The event, as well as the awards, celebrated the world of cinema and art. The complete list of winners follows.
A timeline of Moammar Gadhafi's rise to power and this his fall from power.
With an estimated global audience of a billion people, The Miss Universe 2011 beauty pageant, the contestants for the 2011 Miss Universe pageant have arrived in Sao Paulo, Brazil for the 60th anniversary of the Miss Universe pageant on Monday night.
Erectile Dysfunction (ED) or male impotence is a serious concern for most of the middle-aged men. The ED situation not only affects their confidence level and conjugal life but also increases the chances of cardiovascular diseases (CD), reveals a meta-analysis published online Monday in the journal Archives of Internal Medicine.
Toronto's main stock index pushed higher on Tuesday morning, following a steep sell-off in the previous session, as U.S. oil prices rose and Wall Street rallied on strength in the banking sector.
Apple Inc.’s iPhone 4 has been the best-selling smartphone in the world since the launch in June 2010, but a new survey has found “unprecedented” demand for its next-generation iPhone 5.
Fiat and Chrysler chief executive Sergio Marchionne said the euro single currency system could be derailed unless European leaders resolved the debt crisis.
At the Frankfurt Motor Show two new Defender cars were unveiled by Jaguar Land Rover.
The jobs cut is the single largest job reduction by a U.S. company this year, and the most since the U.S. Postal Service said last year it wanted to cut an additional 30,000 jobs.
Stock index futures fell on Tuesday after reports cast doubt on a possible deal for China to buy Italian debt, heightening concerns about the fiscal crisis in Europe.
Italian Economy Minister Giulio Tremonti met Chinese officials last week, a Treasury spokesman said on Tuesday after the Financial Times reported that Rome had asked China to buy significant quantities of its debt.
Gold prices steadied in volatile trade on Tuesday after briefly extending the previous session's 2.5 percent slide below $1,800 an ounce, as the dollar's gains versus the euro put fresh pressure on the precious metal.
The euro fell broadly on Tuesday after a report cast doubt on the possibility that China would support Italy by buying its government debt, while an auction of Italian bonds showed Rome paying a high price to borrow from the market.
European index futures rose and the euro edged off a seven-month low on Tuesday after a report that Italy may get financial support from China sparked a bout of short-covering but did nothing to ease fears that Europe is sliding into another banking crisis.
European shares fell again Tuesday morning, hitting a fresh two-year low for the second straight session as investors worried policymakers had no plan to stem the euro zone debt crisis, which could see Greece default.
Fiat chief executive Sergio Marchionne said the euro single currency system could go off the rails unless European leaders effectively resolve the current debt crisis.
Italy has asked China to buy Italian debt as the euro zone's third-largest economy struggles to convince markets it can manage its debt load, media reports said.
