Parties reached a deal late into the evening during marathon negotiations.
Samsung Electronics won Australian court approval for fast-tracking its appeal against a ban on the sale of its new Galaxy tablet computer in the country, part of an ongoing global legal battle with iPad maker Apple Inc.
European leaders agreed Thursday morning that banks and other major investors in Greek bonds must take losses of up to 50 percent to prevent a Greek government default. The rescue fund is a response to global pressure to lower Greece's debt burden and attempt to contain the spreading debt contagion that threatens the euro zone.
The dark shadow of German-driven austerity measures squeezing Greece has revived historical enmities and evoked comparisons to the massive destruction of the Mediterranean country at the hands of Nazi Germany nearly 70 years ago.
Nokia found out too late that the name for its new Windows Phone, lumia, means prostitute in Spanish. Here are five other hilariously bad translation mistakes.
Nokia unveiled five new phones Wednesday, with five highly different and difficult-to-remember price points and release dates. Does the company lack focus?
An IBM report reveals the triangular relationship between consumers, businesses and social media networks.
The European Central Bank's incoming president signalled on Wednesday the bank stood ready to carry on buying the bonds of troubled euro zone governments, suggesting he is ready to intervene to steady markets in the face of German misgivings.
Germany said on Wednesday it will close 31 of its 328 military bases and shrink installations in another 90 locations over the next five years as part of the most sweeping cuts in the history its Bundeswehr army, navy and air force.
European leaders are negotiating with Greek bondholders, publicly stating investors will have to take substantial losses. Their stance is in stark contrast to the way debt holders have been coddled in programs managed by the U.S. Federal Reserve
Chancellor Angela Merkel warned Europe not to be complacent about its peace and prosperity on Wednesday, as German lawmakers approved plans to boost the firepower of the euro zone rescue fund ahead of an emergency EU summit.
Stocks rose on Wednesday as details from the European summit to resolve the debt crisis began to emerge.
After a three year delay, the Boeing 787 Dreamliner makes its first commercial voyage from Narita airport in Tokyo to Hong Kong.
Nokia's first-ever Windows Phone offers a bevy of apps and features built directly into the phone, but with a steep price tag, will it be able to battle Apple and Samsung?
German Chancellor Angel Merkel won a parliamentary vote with a large majority on Wednesday on boosting the firepower of the euro zone rescue fund, handing her a strong mandate to negotiate at a crunch EU summit later in the day in Brussels.
Stocks were little changed on Wednesday on caution about the outcome of a European summit to resolve the debt crisis and mixed corporate results.
Stocks were little changed on Wednesday on caution about the outcome of a European summit to resolve the debt crisis and mixed corporate results.
Germany's Bundestag lower house of parliament approved a motion to strengthen the euro zone rescue fund via leveraging on Wednesday, providing Chancellor Angela Merkel with the mandate she needs to negotiate at a key euro summit later in Brussels.
Italian Prime Minister Silvio Berlusconi is expected to give a European summit on Wednesday only vague promises of economic reform instead of the firm undertakings demanded by European leaders.
A whirl-wind day in the financial crisis: the European Central Bank renewed loans to key banks, and Germany backed an increase in the bailout fund ahead of a European leader summit to discuss debt-plagued Greece. Is the crisis over? Far from it, but it is a start. Here's how the Greece situation can affect your life.
Air India's board has recommended that the state-run airline buy just 12 Boeing 787 Dreamliners, down from 27 the company ordered in 2005, according to a report.
The incoming head of the European Central Bank threw the euro zone a lifeline hours before a crucial summit on Wednesday which looked set to fall short of a definitive plan to tackle the bloc's debt crisis.
