The European Commission wants euro zone leaders to overcome German objections and back a bigger rescue fund to nudge the IMF into helping troubled European economies, the EU's top economic official said on Thursday.
Geely Holdings Group Co. said Wednesday it will assemble cars for sale this year in Egypt and North Africa, a move that signals a shift to emerging markets as China's economy slows and auto makers face mounting competition in Western markets.
Among the younger lot of royals from across the world who tied knots in the past two years, including the famed Prince William and Kate Middleton of Britain, Swedish Crown Princess Victoria has come up with the good news first.
President Barack Obama has made a proposal to lower the corporate tax rate to 28 percent from 35 percent in an attempt to ensure that companies will be paying less in taxes for the U.S. to remain competitive globally. The proposal could intensify the tax-reform debate with the Presidential election approaching.
Despite giving up his stock options for missing some of last year's targets, Alcatel Chief Executive Ben Verwaayen still believes the telecoms equipment maker will one day match rivals three or four times more profitable.
Peter Skyllberg, a Swedish man who was found in his snow-covered car in Northern Sweden claiming to have been there without food for two months, is facing a host of questions over his incredible survival story.
Swedish filesharing website The Pirate Bay may soon be blocked in the UK after a London judge ruled that the site breaches copyright laws on a large scale, and that both the platform and its users illegally share copyrighted material, such as movies and music.
Britain, the Netherlands, Italy and nine other countries called on Monday for Europe to shift its focus from tough budget cuts towards measures to create growth as the region looks headed for its second recession in three years.
Have you ever felt stressful after seeing that your almost-perfect shot has captured an unwanted object or person in it? If yes, you're in luck because there's a wonderful app that can save your time in solving this common photographic problem by removing unwanted object or person from a captured photo.
It's almost Mardi Gras 2012, and people around the world are preparing for the carnival season that comes before Lent. But how did Mardi Gras get started? What does its name mean? How did it take root in New Orleans, and how is it celebrated around the world? Here are five things to know about Mardi Gras history and in traditions, from how the holiday is celebrated worldwide to why some believe the carnival's roots lie in ancient Rome.
Sir Paul McCartney, a former Beatle, has quit smoking cannabis for the sake of his 8-year-old daughter, Beatrice. Beatrice is McCartney's daughter from his second marriage to Heather Mills.
The Simpsons' 500th Episode will air this Sunday and the show's executive producer Al Jean has suggested that the animated comedy could stick around for a while yet.
Wikileaks comes to Springfield as controversial figure Julian Assange joins the cast of The Simpsons for their milestone 500th episode on Sunday, which will see America's famous animated family being banished from their hometown.
Unemployment in Britain stayed relatively flat at the end of 2011, rising its smallest amount in nearly a year between the months of November and December. Compared to the rest of Europe, the UK is right in the middle.
Moody’s has cut the debt ratings of Italy, Spain and Portugal and put France, UK and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis.
Samsung unveiled Monday the 7-inch Galaxy Tab 2, the Korean company's first tablet powered by Android 4.0 - Ice Cream Sandwich.
In one of the most shocking accounts of cult abuse, a lawsuit between the Church of Scientology and former church official Debbie Cook has finally ended today, according to a San Antonio local news website.
Zebra stripes evolved over time in an effort to keep the animals safe from teeny but rather annoying predators: flies.
Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.
Apple is gearing up for the release of the new iOS 5.1 software update for its existing iPhone 3GS, iPhone 4, iPhone 4S, iPod Touch 3G/4G, iPad and iPad 2 sometime around the first weekend of March, just in time for the much-awaited launch of the iPad 3 (if rumors are to be believed).
AOL Inc, which has been investing heavily in content to make up for declining revenue from dial-up Internet access, has hired an executive for the newly created position of chief content officer at its struggling Patch hyperlocal news network.
Want to party with celebrities and models? Here is where you need to be in New York City during New York Fashion Week 2012.