A Russian court threw out two multi-billion dollar lawsuits against BP on Friday, handing the British oil company a key victory in legal battles surrounding its Russian oil venture TNK-BP.
MF Global's liquidators are struggling to sell the Asian business as one concern because of problems unwinding trading positions, so they may now sell the various country units separately.
New Jersey voters have passed a referendum to allow sports betting. A majority of those who voted were in favor of allowing casinos and race tracks the chance to place sporting bets, provided that the federal government repealed laws currently restricting it to just four states.
Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
European shares rose on Friday while the euro held onto modest gains as investors bought beaten-down riskier assets, with markets focused on whether debt-laden Italy could implement tough austerity measures crucial to avoid a euro zone meltdown.
Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Japanese banks backed by more than $6 billion in spare cash are in talks to buy assets from European banks, sources familiar with the discussions said, as euro zone leaders try to coax foreign capital to help overcome the bloc's debt crisis.
European shares drifted higher Friday on expectations that some political developments in highly indebted Italy and Greece could pave the way for tough austerity measures that are crucial to contain the region's two-year-old debt crisis.
Following a joint investigation by the Federal Bureau of Investigation (FBI) and law enforcement agencies in Estonia and the Netherlands, an international gang who stole $14 million after hacking into at least 4 million computers in an online advertising scam has been arrested
Prime Minister Yoshihiko Noda looked to be struggling on Friday to win backing from his own party for Japan to join talks on a U.S.-led free trade pact that could transform the Japanese economy.
For many Americans Veterans Day means little more than a day off work or a day to watch Saving Private Ryan and fly a flag out front of their home. But Veterans Day has a long history and its meaning goes much deeper than such minor gestures.
A representative for Mel Gibson denied talk about the actor fathering a baby with reality-show star Laura Bellizzi, as Star reported Thursday. The buzz about Gibson supposedly getting Bellizzi pregnant, his representative insisted in a statement that appeared on the Daily Mail's website, was complete and utter rubbish, 100 percent untrue.
Angelina Jolie arrived at the Japan premiere of her partner, Brad Pitt’s film Moneyball in Tokyo on Wednesday, wearing a red dress, an unusual color with the U.S. actress’ style statement.
Asian shares rebounded Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
India's industrial output growth probably slowed to an annual rate of 3.5 percent in September, weighed down by slower growth in infrastructure output and higher domestic borrowing costs.
Whether or not one believes in the myth of the perfect palindrome - 11/11/11 (read as Friday, Nov. 11, 2011) capable of bringing fortune or disaster to the planet, the day is definitely a once-in-a-lifetime moment; there won't be another like it for another 100 years, literally.
Screen Gems has acquired the remake rights for the Indonesian action movie The Raid, the studio announced Wednesday.
Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.
Russia and China voiced their opposition to new round of sanctions against Iran in a meeting in Moscow. Russia and China have expressed “the mutual conviction that the application of new, additional sanctions against Iran will not lead to the desired result,” Russian Foreign Ministry said in a statement.
When Occupy Oakland outed undercover cop Fred Shavies last month, the protestors probably didn't expect the policeman was a legitimate Occupy Wall Street supporter. In a video response with Copwatch however (watch here), Shavies takes a stand, condemning police brutality and calling violence against OWS protests a legacy of the Civil Rights Movement.
France's way of doing business is closely connected to French culture, and international businessmen and women (especially those from America) can sometimes make mistakes that sour a deal before it's even begun. Follow these eight tips on French cultural cues and taboos to avoid misunderstandings and to earn the respect of your international peers.
Anti-Wall Street protesters hoping to commandeer a worldwide television audience to air their grievances said on Thursday they would peacefully occupy this year's Rose Parade in Pasadena.
