EU antitrust regulators accepted concessions offered by International Business Machines Corp to end an antitrust investigation and avert a possible fine, the European Commission said on Wednesday.
The Internet must be subject to reasonable regulation, the head of Russia's Security Council said in remarks published on Wednesday, a fresh sign of Kremlin concern about the use of social networks to promote anti-government protests.
Freeport McMoRan Copper & Gold Inc. and its Indonesian union signed a pay deal on Wednesday to end a three-month strike that had paralysed output at the world's second-biggest copper mine, a union official and the company said.
Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports by 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market.
Stock index futures fell in light Wednesday trading, pressured by a decline in the euro and by rising Italian bond yields as market anxiety over Europe persisted.
Bosnian-born model Andrej Pejic is once again embroiled in controversy; this time for posing as a model for a Dutch department store, Hema. While this may not seem very a controversial statement, the fact is that Pejic is actually a man... and he modeled a dress and a push-up bra. The news has spread across the Internet in almost no time and it has people talking and tweeting, frantically, about it. While some are shocked, some find it hilarious and some others think it a revolution.
India's Rajesh Exports, the world's biggest jewellery maker, expects to raise gold imports 17 percent next year to power its renewed thrust in the competitive and fragmented local jewellery market as a cushion against a volatile export market, its chairman said on Wednesday.
Japanese camera maker Olympus Corp beat the deadline for an automatic delisting after it reposted five years of earnings, which showed a $1.1 billion loss and ignited merger speculation.
Stock index futures fell in light Wednesday trading, pressured by a decline in the euro and by rising Italian bond yields.
Last month the International Energy Agency said in its World Energy Outlook that If, between 2011 and 2015, investment in the [Middle East and North Africa] region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel.
Stock markets and the euro fell on Wednesday, worried by record high borrowing costs for Italy and the Federal Reserve's decision to do nothing new to prop up growth despite warning Europe's debt crisis could hurt the U.S. economy.
'I hope 2012 brings a re-election for President Obama,' Says Scarlett Johansson (Photos)
A shift in the global military balance is one of the inalienable fallouts of the economic winter experienced by the Western world. While military spending in the U.S., the reigning super power, is increasingly coming under a scanner, the extended defense holiday in Europe signals that the continent’s global influence is on irreversible decline.
The highly anticipated Samsung Galaxy Nexus, the first smartphone to be launched with the new Android 4.0 operating system, also called Ice Cream Sandwich, has been released overseas and is rumored to be available in stores in the U.S. on Dec. 15.
Microsoft co-founder and entrepreneur Paul Allen has teamed up with SpaceShipOne's Burt Rutan for a carrier aircraft designed to launch next-generation rockets from high altitude.
Gold prices fell for a third consecutive day Wednesday -- extending a weeklong plunge to more than 6 percent -- after the U.S. central bank warned that slowing global growth threatens the nation's weak recovery.
The looming new year may well bring as much financial turbulence as tumultuous 2011 but global investors reckon panic is no longer an option and just protecting your money will require taking on at least some risk.
The euro hit an 11-month low against the dollar and stocks eased on Wednesday after the Federal Reserve warned Europe's sovereign debt crisis could hurt the U.S. economy but failed to signal fresh action to stimulate growth.
Most Wall Street economists expect the Federal Reserve will undertake another major economic stimulus program, even though the U.S. central bank did not announce any new action at its policy meeting on Tuesday, according to a Reuters poll.
Asian shares drifted lower and the euro idled near an 11-month low on Wednesday after the Federal Reserve failed to take any new steps to stimulate growth and offset the chilling effects of Europe's still-unresolved sovereign debt crisis.
Facebook launched a new suicide prevention tool on Tuesday, giving users a direct link to an online chat with counselors who can help, the company said.
HTC Corp, the world's No.4 smartphone maker, said on Wednesday that a U.S. court has further postponed a final ruling on its lawsuit against Apple Inc, which is seeking a ban on sales of HTC devices in the U.S. market.
