U.S.-based Starbucks Corp is planning to strengthen its presence in Europe and grab market share from Switzerland's Nestle in the area of instant coffee, its chief executive told a German newspaper.
Austerity and reform finely balanced to bring back growth in Europe in face of record unemployment rates.
European Union leaders met on Thursday to discuss the right balance between budget austerity and reviving lost growth, at the first summit for two years in which the euro zone debt crisis did not eclipse all else.
The latest Arsenal transfer news concerns rumored interest from AC Milan and Inter in Arsenal target Lukas Podolski
Russia, along with China, has stymied efforts by the West and the United Nations to condemn violence perpetrated by the regime of President Bashar al-Assad of Syria, a longtime Moscow ally.
Euro zone manufacturing contracted in February for the sixth month in a row, according to a Markit Economics report published Thursday, but the sector may be stabilizing as increases begin to offset decreases.
Turkey is maintaining the façade of good relations with Iran, while a larger power struggle for domination of the Middle East is brewing between Ankara and Tehran
Intel (Nasdaq: INTC), the world’s biggest chipmaker, put $100 million into a venture capital fund intended to make cars smarter.
With victory over Italy, it looks like Jurgen Klinsmann is building the United States in the right direction.
Prospects for a strong recovery in the global economy darkened on Thursday as sputtering factory activity in Europe overshadowed more upbeat data from Asia, at a time when central banks are running out of policy options and reluctant to do more.
Spanish borrowing costs fell at an auction on Thursday despite a grim economic backdrop that has pushed the government to step up its drive for leeway from Brussels on its difficult debt cutting targets.
Two NATO soldiers were shot dead on Thursday by two Afghans, including a man believed to be a soldier, NATO said, an attack that is likely to raise further questions about the future of the country's security forces.
Workers at an electrical products factory in eastern China received a pleasant shock when they returned to their jobs after the Chinese Lunar New Year holidays.
The Greek parliament approved an extension of pharmacy opening hours and cuts to drug spending Thursday as part of a package of healthcare reforms agreed in return for last week's 130 billion euro international bailout deal.
Watch highlights of all the goals from the friendly international between Germany and France.
Where to watch a live stream of Germany v France 2012 friendly from Bremen on Wednesday.
South Korea and certain western nations have been pressuring Beijing not to deport the North Korean defectors
The number of employed Germans declined slightly in February, but a statistical sleight-of-hand means the unemployment rate held steady at 6.8 percent, the lowest level since Germany became the republic that it is today.
China's engagement in resolving the euro zone debt crisis has been a topic of contention. High-profile Chinese leaders, such as Vice Premier Wen Jiabao and Vice President Xi Jinping, have reassured the European countries that China would invest in alleviating the debt. However, a financial plan has yet to be communicated.
Ötzi, the 5,300-year-old mummy found preserved under ice in 1991 may have suffered from the earliest known case of Lyme disease.
The European Central Bank gave the world's financial system a €529.5 ($712) billion Leap Year Day gift, providing financial institutions with that amount in one percent-interest, three-year loans this week, the bank announced Wednesday morning.
Almost 1.3 million people will die of cancer in the European Union this year, but death rates from the disease are on a steady decline, according to new research released on Wednesday.