Greece hoped on Wednesday it could wrap up tortuous negotiations on a debt swap as early as this week when private creditors return to Athens for a fresh round of talks to avert a chaotic default.
Maria Sharapova advanced to play Wimbledon champion Petra Kvitova in the Australian Open semifinals after defeating Ekaterina Makarova on Wednesday.
Brent crude slipped below $110 on Wednesday as recession fears, partly rekindled by stalled Greek debt talks, weighed on the outlook for demand, while threats by Iran to respond to European sanctions by shutting a vital trade route supported prices.
The euro and European shares weakened on Wednesday as fears about the prospect of a Greek debt default overwhelmed positive news on the outlook for Germany, the region's largest economy.
In the wake of the forceful evacuation of Samburu tribe, the German Travel Association has warned the Kenyan government that it will not help promoting Kenya as an attractive destination.
Ericsson, the world's biggest maker of equipment for mobile phone networks, stunned markets with a 50 percent drop in quarterly profit, adding to signs from the corporate world that economic growth may be grinding to a halt.
German business sentiment rose for the third month in a row in January, beating expectations and offering fresh evidence that Europe's largest economy is shrugging off a sovereign debt crisis that has hammered growth in other euro zone countries.
Kim Dotcom, the founder of file-sharing site Megaupload.com who faces a lengthy jail term in the United States if convicted of racketeering, money laundering and Internet piracy, seems to have a mischievous sense of humor.
European shares and the single currency held firm on Wednesday as investor focus switched to the broader economic outlook and some strong results from leading U.S. companies, and away from worries about the stalemate in Greek debt talks.
Asian shares rose on Wednesday, underpinned by strong earnings from U.S. technology giant Apple, stabilizing European money markets and falling eurozone debt yields, with investors shifting their focus from Europe to the U.S. Federal Reserve.
IMF Managing Director Christine Lagarde said on Wednesday that combining the European Union's temporary EFSF rescue fund with its permanent ESM mechanism would help restore confidence in the flagging region and provide a solid firewall to the Greek crisis.
A New Zealand judge ordered the founder of online file-sharing site Megaupload.com to be held in custody for another month Wednesday, saying the suspected Internet pirate posed a significant flight risk.
President Obama's State of the Union Speech 2012, An America Built to Last, as prepared for delivery on Jan. 24.
The founder of online file-sharing website Megaupload, accused of masterminding a scheme that allegedly made more than $175 million through Internet piracy and illegal file sharing, was ordered held in custody by a New Zealand court on Wednesday.
Greece's private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default.
Angela Merkel's conservative allies warned on Tuesday against committing additional German funds to euro zone bailout schemes, underscoring how difficult it will be for the chancellor to meet international demands to boost the bloc's defenses.
Samsung won the latest round of its legal battles with Apple Tuesday when a Dutch judge ruled its appeal insufficient to block Samsung tablets for stealing Apple designs. It's a double victory for Samsung because the Netherlands is an important distribution center for the rest of Europe.
The White House released the State of the Union 2012 official special guest list Tuesday afternoon, and the people who have been invited represent different visions of the American Dream.
At the 2012 DLD Conference in Munich, Germany, one of the founders of Twitter, Jack Dorsey, spoke in detail about Twitter's primary capabilities as well as some of their goals for the year. Dorsey also spoke briefly about his newest venture, Square, which allows merchants to accept credit cards on their mobile phones.
After the U. S. government shut down the major file-sharing and online storage site Megaupload, citing copyright infringement and other felonies, last week, similar sites at risk of impending prosecution are now ducking for cover. It gives rise to a question - is Megaupload shutdown the beginning of the end of these sites?
Engineers inspecting Airbus A380 aircraft for cracks on a part inside the wings have found similar flaws on at least one aircraft, industry sources said on Tuesday.
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.
