India has retracted its plan to allow foreign retail chains like Wal-Mart and Britain's Tesco to open in the country, according to multiple reports. The reversal comes less than two weeks after the global business sector and the Indian government heaped praise on the original deal to let foreign retailers into India to jolt the country's economy and lower prices for farmers and consumers.
France and Germany want a new EU framework to speed up progress towards a common corporate tax base and a financial transaction tax as well as convergence of financial regulation and labor market policies, a Franco-German letter sent on Wednesday to European Council President Herman Van Rompuy showed.
One unlikely group has joined the scramble to buy up porn site URLs not that .xxx domains are up for sale by the ICM Registry: U.S. colleges and universities. Why did schools like Indiana University, Chicago State and Northwestern spend thousands on Porn Tuesday? Because college officials believe porn parodies under their name can't be far behind.
Government officials deny that Zardari is considering stepping down.
To hear it from one side, private equity and hedge fund managers are under a veritable siege: under attack from politicians, regulators, an ornery market and uneasy clients. But the hedge fund managers themselves seem to be saying all is good in Greenwich.
Employees in fast-growing economies have more freedom over the technology they use for work than their counterparts in developed countries, and are more likely to see corporate provision of devices as a perk, according to a study.
It is, arguably, the saddest day in U.S. military history -- certainly in modern U.S. military history: the attack on Pearl Harbor, Hawaii, on Sunday, December 7, 1941 -- a shocking event in U.S. history that ushered the United States into World War II.
Just hours after Secretary of State Hillary Clinton left Myanmar last week, property prices began to soar.
India's power, telecoms and aviation sectors, core to sustaining the country's growth, are in various states of crisis. This crisis may force the government to bring about reforms.
The unmanned U.S. drone Iran said Sunday it had captured was programmed to automatically return to base even if its data link was lost, one key reason that U.S. officials tell Reuters the drone likely malfunctioned and was not downed by Iranian electronic warfare.
There is nothing more unromantic than performing background checks on a potential date, but tales of dating abuse continue to horrify us, prompting governments across the world to introduce controversial regulations which mandates criminal background checks for every user signing up with dating agencies. The potential for abuse in state regulation of dating agencies is huge, as people could demand confidential information of others without proper justification.
A Saudi prince said on Sunday that developing atomic weapons may be the kingdom's only recourse against a nuclear Iran and Israel.
Karzai had just attended a summit conference in Germany where’s Afghanistan future and security were being discussed.
Cristiano Ronaldo's gorgeous fiance Irina Shayk poses naked for a new UK skincare ad campaign. The results are steamy.
Singer Adele notched a new record Monday, when the Official Charts Company (OCC) confirmed that her second album 21 had become the biggest seller in Britain this century.
The European Commission is investigating whether e-book publishers owned by Lagardere, Pearson Plc, News Corp and two other firms fixed prices with Apple Inc, blocking rivals and hurting consumers.
Schroders holds the lowest position possible in equities and has extremely high levels of gold and cash, reflecting its concern about recession in the developed world and a failure to resolve the euro zone debt crisis, its chief investment officer said on Tuesday.
David Beckham has ruled out management as a post-playing career, saying he did not enjoy his time as an assistant to England manager Fabio Capello at last year's World Cup.
Verizon Wireless, the No. 1 U.S. carrier, won’t permit Google Wallet when it starts selling Samsung Electronics’ Galaxy Nexus phone soon, reports said.
Most of the workers will return January 3 – toiling at half their prior pay.
Dow Chemical saved part of the London 2012 Olympics, but across the world people in India are furious about the sponsorship, because Dow is thought to be responsible for the 1984 Bhopal disaster
At both the individual and collective level, Americans have created and embraced a culture of debt. Spurred by our gluttony, we have developed an untenable habit of spending beyond our means, and it must be stopped or else generations to come will be saddled with debt, left unable to harness the American dream and prosper because it simply will no longer exist.