The number of Americans claiming new jobless benefits hit a three-month low last week and contracts to buy existing homes rose in June, hopeful signs for an economy that has struggled to regain momentum.
German chipmaker Infineon Technologies AG reported higher-than-expected quarterly profit and sales on strong demand from automotive and industrial customers.
Volkswagen predicted a significant rise in operating profits this year driven by strong demand around the world for its Audi and VW cars.
The number of Americans claiming new jobless benefits hit a three-month low last week and contracts to buy existing homes rose in June, hopeful signs for the economy which has struggled to regain momentum.
Fear the United States will lose its AAA credit rating or even default on its debt is driving foreigners away from U.S. assets, and the dollar is taking the biggest hit.
It has seen the starry heavens, but at the end of its life cycle, the International Space Station is set to see the bottom of the deep blue sea.
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.
The list also includes link to the new Google+ app for iPhone.
Nintendo is dropping the price of its 3DS handheld device by $80 on August 12 in hopes of improving slow sales.
Japanese are known world over for their innovation in the technical sector. Well this time, they have done it again, in a more innovative way. They are producing air conditioned shoes. Quite a necessity for the blazing and humid summer that Tokyo faces.
Japan's biggest consumer electronic conglomerates signaled a swift recovery from their quake-hit operations, with most of them retaining their profit forecasts for the full year.
Global stocks fell to their lowest in more than a week on Thursday, knocked down by mounting concerns about a U.S. debt default which also kept the dollar subdued against the safe-haven Swiss franc and the yen.
Sony Corp reported a 59 percent drop in quarterly operating profit, as it struggled with production woes following the devastating March earthquake in Japan.
Japan's Sharp Corp <6753.T> reported an 84.4 percent drop in quarterly operating profit after the company was forced to suspend operations for weeks at its state-of-the-art LCD panel plant due to weak demand for TVs.
In an effort to keep outer space clean and junk free, Russia and its partners plan to sink the International Space Station (ISS) in the ocean after its scheduled retirement in 2020.
Asian stocks slid more than 1 percent in thin volume on Thursday as investors trimmed positions with just three trading days to go before a deadline to lift the U.S. debt ceiling, while the Australian dollar showed resilience in the face of global sovereign risks.
Sony Corp stuck with its full-year profit forecast after slashing its outlook for TV sales, confident that other units will perform better than earlier anticipated to offset additional losses in the unit.
South Korea's Hyundai Motor <005380.KS> posted a 37 percent rise in quarterly net profit, outstripping the consensus forecast, after it logged record global vehicle sales and gained market share from Japanese rivals reeling from the March 11 earthquake.
South Korea's Hyundai Motor outperformed its rivals as it reported a consensus-beating 37 percent rise in quarterly profit on Thursday, fueled by strong U.S. sales of popular new models.
Hyundai Motor posted a 37 percent gain in quarterly net profit on Thursday, outstripping the consensus forecast, after it logged record global vehicle sales and gained market share from Japanese rivals reeling from the March 11 earthquake.
Japan's biggest consumer electronics makers are expected to show quarterly earnings slumped due to the March earthquake, but investors will focus on whether these companies can meet their forecasts for a swift recovery, given a fragile global economy.
A New York City hospital has stopped asking many patients to dig out health insurance cards and fill in endless forms, instead identifying them by scanning the unique lattice of veins in their palm.
