In a rundown patch of Detroit, enclosed by a cyclone fence and barbed wire, stands an unremarkable warehouse that investment bank Goldman Sachs has transformed into a money-making machine.
World number one Novak Djokovic was surprisingly beaten by unseeded Kei Nishikori of Japan in the semi-finals of the Basel Open on Saturday, suffering a new injury setback in the process.
Tokyo's Fashion's Night Out was not just fashionable, it was momentous. For the first time, Vogue editors from around the globe joined forces to celebrate the premiere of Japan's Fashion's Night Out in Tokyo. Anna Wintour led the chic clique of 17, for her first visit to the country in more than 20 years.
Greek Prime Minister George Papandreou is meeting with Greek President Karolos Papoulias Saturday in the drive for a new coalition government to save the nation from bankruptcy and prevent its debt crisis from spreading chaos across the Eurozone.
For the upcoming Fashion Night Out event in Tokyo, Japan, 17 international Vogue editors from across the globe have converged to promote sales of designer garments and accessories on Nov.5, 2011.
The latest news isn't good for the airline industry as it cuts back flights to and from Bangkok during the floods.
Here's the full text of the final communique issued at the Group of 20 summit in Cannes, France.
French luxury group Hermes raised its full-year sales forecast on Friday after third-quarter growth beat its initial target, pulled by buoyant demand for the 174-year-old brand in Europe, the Americas and Asia.
Italy will allow the IMF to monitor its progress with long overdue reforms of pensions, labor markets and privatizations, European leaders announced on Friday, looking beyond the crisis in Greece to the far graver threat to the euro zone.
World stocks and the euro rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and its potential shockwaves through the euro zone.
World stocks rose on Friday, boosted by expectations that Greece will avoid a referendum on a new bailout package, easing imminent concerns of a Greek default and the possible shockwaves through the euro zone.
Japan's top drugmaker Takeda Pharmaceutical Co <4502.T> posted a 17 percent fall in second-quarter operating profit, hurt by currency losses and worries over calls for new warnings on its top-selling diabetes pill Actos.
Asian shares rallied more than 3 percent and the euro steadied Friday on hopes that Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote scheduled for later in the Greek parliament.
Japan's Olympus Corp said it will not announce its quarterly earnings on Nov. 8 as expected because it needs more time after appointing an external panel to look into past acquisitions, sparking a fresh plunge in the firm's shares.
Japan's top drugmaker Takeda Pharmaceutical Co <4502.T> posted a 4.8 percent fall in first-half operating profit as currency losses and worries over a call for new warnings on its top-selling diabetes pill Actos offset higher revenue from treatments recently launched at home.
Johnson & Johnson, the U.S. healthcare giant, Thursday denied reports that its baby shampoo products contained cancer-causing chemicals.
MF Global 's operations in Asia and Australia have received nearly 40 credible offers and a sale is expected to be agreed by the end of the weekend, the provisional liquidator for the brokerage's Hong Kong unit told Reuters on Friday.
Asian shares rose more than 2 percent and the euro steadied Friday on hopes that Greece will abandon a proposed referendum on a European Union bailout, but investors remained cautious over a confidence vote planned in the Greek Parliament.
For the U.S. economy, it all comes back to the housing market.
The IMF said on Thursday it backs the European Central Bank's interest rate cut and its aid to Greece is tied to the country, rather than a specific government, and would continue as long as its terms were met.
The 17-year-old singer has another talent up his sleeves: freestyling.
Steel Authority of India (SAIL), the country's largest domestic steel producer, blamed a halving of quarterly profit on rising costs and a strong dollar on Thursday.