Luggage maker Samsonite, backed by private equity firm CVC Capital Partners , moved closer to a $1.5 billion Hong Kong initial public offering, setting an indicative range for the deal on Monday as it bet on booming Asian demand for global consumer brands.
The euro slipped and world stocks were stuck on Monday with fears of a Greek debt default undimmed and U.S. and UK market holidays keeping many investors on the sidelines.
The U.S. government's biggest information technology provider Lockheed Martin Corp. (NYSE: LMT) is the latest to fall victim to hackers, with its computer systems being hit by a network security transgression.
The Google Inc., and Facebook were unsuccessful to win dismissal of a lawsuit by a New York company over a software that was designed to allow people access social networks through their mobile devices.
The NATO-led International Security Assistance Force (ISAF) apologized on Monday for an air strike that killed about 14 civilians in the south-west of the country.
Why would Saudi Arabia wish good luck to Yemen President Ali Abdullah Saleh who is facing the wrath of anti-government protesters? Especially when the president is having a tough time trying to contain the number of his defecting military chiefs?
Former Alaska Governor Sarah Palin and her PAC team started the week-long tour of historic sites of the Northeast on Sunday.
Close on the heels of Lockheed Martin admitting that it had been hacked, it has emerged that the Public Broadcasting Service (PBS) has been hacked and login and password information pertaining to employees as well as outside users of the site have been compromised.
The dollar hovered near a two-week low against a basket of currencies on Monday and Asian stocks were pinned in tight trading ranges as weak U.S. economic data and fears of a Greek debt default kept many investors on the sidelines.
UBS has seen dire client activity in recent weeks, Juerg Zeltner, the bank's wealth management head, was quoted as saying in an interview with the Wall Street Journal on Monday.
Pakistan has decided to launch an offensive military attack in North Waziristan, the main sanctuary for al Qaeda and Taliban on the border with Afghanistan, a local newspaper reported on Monday.
At least 14 civilians were killed in southern Afghanistan when an air strike led by NATO troops attacked on Sunday said NATO and Afghan Officials, reported Reuters. Many of the killed were children.
Dozens of Internet and network security experts from the government and industry are working to discover the origins of last week's attack on Lockheed Martin Corp's computer networks, according to a new report.
Saudi Arabian prince Alwaleed bin Talal would like to see oil prices drop to the $70-$80 a barrel range in a move to thwart western development in alternate fuels.
The Centers for Disease Control and Prevention (CDC) have recommended that people get a flu shot. However, vaccine producers are saying that the ones who already got the shot may not need to get it again.
Mark Zuckerberg - when he's not building Facebook - likes to give himself personal challenges to learn something about the world, expand my interests and teach myself greater discipline, he recently told a magazine.
Add a manufacturing slowdown to the growing risks facing the world economy.
US stocks rallied for the last three sessions of the week, giving investors a respite from the mini-correction that started on May 2.
The world looks a lot more dangerous than it did only a few months ago and signs are that U.S. stock investors are starting to demand more for the added risk.
According to a new study the increase in desk jobs for the last 50 years may be the major cause for the risen obesity rate in United States.
Medical supplies maker Boston Scientific issued a major recall after complaints that some units of its iCross Coronary Imaging Catheters dethatched inside of patients.
Adult Americans have their own bogeyman – those shadowy, poorly-understood, but powerful things that are out to get them.
