The Germany based car company has introduced its new car Porsche 918 Spyder, clocking in at an incredible $845,000. The company will only produce 918 models. Manufacturing will begin September 13, 2013 in Germany.
U.S. President Barack Obama and Russian President Dmitry Medvedev spoke by phone on Thursday morning, discussing developments in the Middle East at length, with a particular focus on Libya, the White House said.
As the western powers and some of their allies in the Middle East impose a no-fly zone over Libya in an effort to protect civilians from Moammar Gaddafi’s armies, many questions have been raised about the campaign and its long-term implications.
In what appears to be a dramatic change of heart, Turkey has agreed to allow NATO to takeover command of the Western alliance’s military campaign in Libya.
Luis Moreno-Ocampo, the prosecutor for the International Criminal Court said Wednesday that he was 100 percent certain members of the regime of Libyan leader Muammar Gaddafi will face charges of crimes against humanity.
Grocery retailers' store-brand products are expected to double their share of the global packaged food market over the next 15 years to make up half the market, according to a report issued on Thursday.
Thousands of protesters have descended upon Brussels, Belgium to express their displeasure over the European Union’s (EU) austerity budget programs as EU leaders meet in the city to discuss how to stabilize the euro zone finances.
Principals of The European Union (EU) who are meeting in Brussels to find ways to contain the euro zone debt crisis are dealing with the aftermath of the Portuguese parliament’s decision to reject an austerity budget.
Astronomers may have found the coldest stars known, a set of brown brown dwarf stars.
Political turmoil in Portugal and looming elections in other countries are expected to prevent a summit of European Union leaders this week from taking tough decisions to address the region's debt crisis.
Oracle Corp is poised to provide fresh evidence of the upward curve of technology spending on Thursday, and to detail its battle plan against emerging competitor Hewlett-Packard Co as the two tech giants vie to lead the datacenter revolution.
European Union leaders are unlikely to take a decision on how to strengthen the euro zone's bailout fund until June, undermining market confidence and possibly prolonging the region's debt crisis.
U.S. stocks staged an afternoon rally Wednesday, led by materials companies, though investors continued to eye several overseas trouble spots warily.The Dow Jones Industrial Average rose 89 points, or 0.7%, to 12108 in late afternoon trade, led by Alcoa, which rose 3.3%. The gains were kept in check by a 1.5% decline for Bank of America, which said the Federal Reserve didn't allow it to boost its dividend. Wal-Mart Stores also was weak, falling 0.8%, as was DuPont, down 0.4%.
Germany could be the first industrialized nation to abandon nuclear power for good.
Chelsea will be on high alert after their former-temporary manager and current Turkey coach Guus Hiddink said that he would tender his resignation if Turkey failed to beat Austria and Belgium in upcoming Euro 2012 qualifying games.
The nuclear emergency in Japan has led more than two dozen countries to either shut down their embassies in Tokyo or to relocate further south in the country, according to the Foreign Ministry.
Apple Inc said it would roll out its newest iPad to 25 more markets this week, including France and the United Kingdom, but did not provide any hard figures for sales so far in the United States.
U.S. stocks pulled back in a sleepy session Tuesday as investors paused after a three day rally that helped the market regain ground after several weeks dominated by unrest in the Middle East and Japan's earthquake.
Apple Inc will stick to plans to roll out its newest iPad on Friday to 25 more markets, including France and the United Kingdom, even as it fails to meet the high demand for the gadget in the United States.
The U.S. recovery is gaining traction, two top Federal Reserve officials said on Tuesday, though they differed on the risks of inflation in the U.S. economy.
A chorus of voices from government officials around the world have condemned (or at least questioned) the decision by a handful of western countries (in tandem with some Arab allies) to launch air strikes on military targets in Libya.
Regulatory pressure prompted Sanofi-Aventis and Merck & Co to abandon plans for a joint animal health powerhouse with $5 billion in sales.
