Apple Inc halved the price of its entry-level iPhone to $99 on Monday to widen the trendy device's mass-market appeal, as global competition heats up after Palm Inc launched the Pre.
Porsche SE is in exclusive talks to sell a stake to the Gulf state of Qatar, in a deal that could cut the German automotive holding's debt and strengthen its position for a merger with Volkswagen.
German retail group Arcandor AG threw in the towel on Tuesday, filing for insolvency after the Berlin government rejected its request for emergency state aid.
Apple Inc halved the price of its entry-level iPhone to $99 on Monday in a move that could widen the trendy device's mass-market appeal as competition for smartphones heats up.
Apple Inc cut the price of its entry-level iPhone to $99 on Monday, in a nod sure to please recession-weary consumers, but ailing leader Steve Jobs did not put in a much speculated-about appearance after a months-long absence from public view.
Volkswagen's Audi emerged as the clear winner among Germany's luxury carmakers in May, posting a far smaller decline in global vehicle sales than either BMW or Mercedes-Benz.
U.S. President Barack Obama paid homage to the heroes of D-Day on Saturday, saying their assault on Normandy's beaches exactly 65 years ago had helped save the world from evil and tyranny.
U.S. President Barack Obama on Saturday marked the 65th anniversary of the D-Day landings on France's Normandy beaches, an important World War Two breakthrough in the battle against Nazi Germany.
U.S. President Barack Obama travels to Normandy Saturday to mark the 65th anniversary of the D-Day landings on beaches in northern France that led to the Allied victory over Nazi Germany.
U.S. president Barack Obama is on his second visit to Europe on Thursday in 10 weeks after previously attending a NATO summit jointly hosted by Germany and France at the beginning of April.
President Barack Obama expressed hope on Friday of making serious progress this year in Middle East peacemaking and said Israelis and Palestinians had to get serious about making tough compromises.
Clean energy has strong guaranteed government backing in long-term subsidies but its future growth hinges on wider economic recovery and European targets are in doubt, senior energy executives told Reuters Energy Summit.
Whatever the outcome of Iran's June 12 presidential election, the Obama administration hopes Tehran will then end months of stalling and respond to Washington's overtures for better relations.
Germany's public broadcasters will drastically reduce the programing they put online in response to attacks from commercial channels and newspapers that the online offerings represent unfair competition.
Toyota Motor Corp. said Wednesday it will lease approximately 500 plug-in hybrid vehicles worldwide which are based its the third-generation
Schroders is adding wind power and forestry stocks to its climate change portfolio, saying heightened investor interest in the green theme should support share performances in the second half.
Asian shares rose to fresh eight-month highs on Wednesday, as U.S. home sales data added to optimism that the global economy is through the worst, while the dollar struggled off its latest set of lows for the year.
Eurozone unemployment has jumped to its highest level in nearly ten years. The seasonally-adjusted jobless rate in the 16-country region rose from 8.9% in March to 9.2% in April, according to Eurostat, the European Union's statistical office.
Global consumer confidence is stabilizing after falling for 18 months, providing a glimmer of hope for a shattered world economy in which three quarters of households cut spending, a survey showed on Tuesday.
U.S. President Barack Obama makes a second foray into European diplomacy this week facing pressure to demonstrate his consensus-building foreign policy can produce results where his predecessor George W. Bush's go-it-alone style failed.
U.S. President Barack Obama makes a second foray into European diplomacy this week facing pressure to demonstrate his consensus-building foreign policy can produce results where his predecessor George W. Bush's go-it-alone style failed.
U.S. domestic policy on curbing carbon emissions is crucial for a global climate deal this year, a top Indian negotiator said on Monday, adding rich countries also had to provide a commitment on funding for poorer nations.
