McDonald's Corp posted a better-than-expected 6 percent global rise in April sales at established restaurants as higher menu prices helped offset rising costs for beef and other ingredients.
The surprise closure of another Japanese nuclear plant, this time at the power supplier to the heart of the auto industry, threatens to dampen consumer sentiment and will provide car makers with yet another reason to produce fewer cars in Japan.
McDonald's Corp posted a better-than-expected 6 percent rise in April sales at established restaurants, helped by menu price increases that helped offset higher costs for beef and other ingredients.
After many reported concerns among Bieber's tour crew about stopping in Japan after the devastating earthquake, the Canadian pop star told his fans today that he plans on going through with his performances in Osaka and Tokyo.
Still recovering from the devastating earthquake and looming nuclear crisis, Japan is taking preventive measures to avoid similar problems from hitting the earthquake prone country in the future.
Tokyo Electric Power Co. (TEPCO) said Monday the radiation level inside one of the reactor buildings of the damaged Fukushima power plant has reached 700 millisierverts per hour, surpassing the expected level.
Munich Re posted a smaller-than-expected net loss in the first quarter as its tax bill fell in the wake of devastating earthquakes in Japan and New Zealand.
The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.
Following the shut down of Chubu nuclear power plant in Hamaoka, central Japan on Monday, the shares of Japan’s Chubu Electric saw a steep decline in the market.
Top global miner BHP Billiton sees the global economy remaining fragile in the near term and warned that economic growth could slow in the medium term, echoing recent comments from rival Rio Tinto .
Oil rebounded on Monday, up over $3 helped by a weaker dollar, rising Asian equity markets and bargain hunting by traders and investors after Brent crude lost over $16 last week.
Concern about plans for a fundamental review of the bailouts given to Europe's high debtors dominated debt markets on Monday although the euro itself rose, rebounding from recent sharp losses.
Rovio, the developer of the Angry Birds mobile game eyes an initial public offering in three to four years, its chief marketing officer was quoting as saying in a Finnish business daily on Monday.
Toshiba Corp <6502.T>, Japan's largest chipmaker, reported a 10 percent fall in fourth-quarter operating profit after the March earthquake and tsunami stalled operations at some of its suppliers, prompting clients to look elsewhere.
After all the angst over pricey oil and the threat it posed to the global economy, it is hard to see the recent slide as anything but a welcome reprieve.
Toshiba Corp <6502.T>, Japan's biggest chipmaker, said it expected its annual operating profit to rise by 25 percent, roughly in line with market expectations, but that outlook could be in jeopardy if potential power outages threaten its mainstay flash memory chips.
Japan's third biggest power company on Monday is expected to shut a nuclear plant because of its vulnerability to a major quake, adding to concerns about electricity supplies after a giant quake and tsunami crippled another nuclear facility in March.
Japan and the United States plan to jointly build a spent nuclear fuel storage facility in Mongolia to serve customers of their nuclear plant exporters, pushing ahead despite Japan's prolonged nuclear crisis, the Mainichi daily said on Monday.
Chubu Electric Power Co shares tumbled as much as 14 percent on Monday after Japan's prime minister called for a shutdown of its nuclear plant in central Japan due to worries a large earthquake could trigger another nuclear crisis.
Former Federal Reserve Chairman Paul Volcker warned on Friday that trillion-dollar deficits posed a threat to the stability of the U.S. economy and the dollar, and said he is frustrated by the gridlock in Washington.
When commodities melt down as abruptly as they did on Thursday, the first assumption is that big investors dumped massive long positions.
Some Buddhists are preparing to celebrate the Buddha's birthday next week. The traditions and exact dates of the celebrations vary. However the birth is mostly celebrated at the same time in various east Asian nations with the exception of Japan.
