Eurozone finance ministers expected to approve second bailout for Greece to draw line under months of turmoil that has shaken the currency bloc.
In Myanmar's new war on drugs, meet the weapon of mass destruction: the weed-whacker. It has dramatically accelerated a campaign to eradicate opium poppies.
Eurozone finance ministers are expected to formally endorse Greece's second bailout package on Monday. The final deal to funnel a rescue package worth 130 billion euros ($170.9 billion) is an important lifeline to the debt-hit country, for without it, Greece will default on a 14.5-billion-euro bond redemption due on March 20.
Wal-Mart Stores Inc said on Monday it has reached an agreement to raise its stake in a Chinese e-commerce firm, Yihaodian, to around 51 percent as the world's largest retailer aims to boost its presence in China's fast growing consumer market.
The European Central Bank would support the euro zone boosting its firewall by combining what remains in its temporary bailout facility with its permanent fund, ECB board member Joerg Asmussen was cited as saying by a German business daily.
German Chancellor Angela Merkel bowed to pressure Sunday and agreed to dupport popular opposition candidate Joachim Gauck to become president, averting a political fight that might have distracted her government from solving the euro zone crisis.
U.N. nuclear inspectors headed to Iran Sunday for talks aimed at getting Tehran to start addressing their mounting concerns that it may be seeking to develop atomic bombs.
Riot police shielded Greece's national parliament Sunday as demonstrators gathered to protest against austerity measures on the eve of talks in Brussels on a 130 billion euro ($171 billion) bailout needed for the country to avert bankruptcy. (See Eurozone Crisis in Graphics and Interactive Timeline.)
Apple has asked EU anti-trust regulators to step in and settle a technology patent dispute between the company and Motorola Mobility, according to Motorola Mobility.
It would make no sense to split the second bailout programme for Greece, German Finance Minister Wolfgang Schaeuble was quoted as saying by the weekly Tagesspiegel am Sonntag.
Greece's cabinet on Saturday approved a final set of austerity measures sought by the EU and IMF as a condition for a 130-billion euro ($171 billion) rescue package, raising the chances of a deal next week to avert a chaotic default on its debt.
Pope Benedict, putting his mark on his Church's future, on Saturday inducted 22 men including India's George Alencherry into the exclusive group of cardinals who will one day elect one of their own to succeed him as leader of the world's 1.3 billion Roman Catholics.
Dereck Chisora slapped Vitali Klitschko at the weigh-in ahead of their title fight on February 18.
Apple Inc. has requested European Union antitrust regulators to step in and settle a technology patent dispute between the company and Motorola Mobility Holdings Inc., according to a Motorola Mobility regulatory filing on Friday.
Apple has asked EU anti-trust regulators to step in and settle a technology patent dispute between the company and Motorola Mobility, according to Motorola Mobility.
European leaders expressed optimism on Friday that Greece would secure a new rescue package worth 130 billion euros though policymakers admitted urgent work was still needed to get its debt-cutting program back on track.
Masters of the Eurozone are considering tweaks to Greek debt restructuring in terms of its private-sector involvement among several options to further cut Greek debt toward the target of 120 percent of gross domestic product in 2020, officials said.
U.S. prosecutors have added more charges against file-sharing Web site Megaupload and its executives, with eight additional counts of copyright infringement and wire fraud.
While threats that could pull down global economy are never far away, recent data depict a brightening outlook according to IHS, a global business and economic information provider.
The U.S. economy is growing at a respectable 2.8 percent annual rate, the U.S. jobs market has added 243,000 nonfarm payrolls in January and the S&P 500 Index is up eight percent year-to-date. Nouriel Roubini's economic prediction for 2012, however, is still decidedly bearish.
Jean-Marie Loret never met his father. In fact, Loret had only learned of his father's identity just a few weeks before his biological mother, Charlotte Lobjoie, died in the 1950s. And although Loret was aware that he was the son of a German soldier, nothing could prepare him for the shock of being told that he was the son of chancellor and dictator of Nazi Germany, Adolf Hitler.
U.S. Secretary of State Hillary Clinton is treating Iran's letter about restarting nuclear talks with caution, but noted Iran's response was “the one we have been waiting for.”
