South African retailer Massmart's shareholders have accepted a takeover by U.S. group Wal-Mart , setting up the world's largest retailer for a potential battle with local unions.
(Corrects COO Tim Cook's first name)LONDON/SAN FRANCISCO - Apple Chief Executive Steve Jobs is taking medical leave for the second time in as many years, sending shares tumbling close to 10 percent as the news revived concerns over the long-term future of the iPhone- and iPad-maker.
While nearly half of the U.S. public said in a recent poll that accused Arizona shooter Jared Loughner's political views were a factor in the Tucson Massacre, the accused gunman was apolitical, a former friend said.
Apple Inc. (Nasdaq: AAPL) shares plunged on German stock exchanges today after it was reported that Chairman Steve Jobs would take another leave of absence, fuelling worries about the potential length of his absence and the extent of his health issues.
Rights groups on Monday demanded Haiti arrest former dictator Jean-Claude Duvalier for crimes against humanity after his surprise return from 25 years in exile, which strained an edgy political atmosphere in the volatile Caribbean state.
PIMCO's Anthony Crescenzi , author of one of the few books on macroeconomic investing, speaks to IBTimes about his views on the broad economy and the tools he uses to monitor it.
Goldman Sachs (NYSE: GS) said that its American clients will be excluded from buying shares of Facebook through the financial services giant’s private placement mechanism.
Saudi Arabia has taken in Tunisia's fallen strong man, but the oil wealth of the kingdom and its neighbours should ensure the poverty-driven unrest which ousted Zine al-Abidine Ben Ali does not follow him to the Gulf.
Top negotiators from the world's largest trading powers will meet next week to push for a global trade accord, a signal that political momentum may be building for completion of the stalled talks.
Rough diamond prices are expected to rise further this year, but will not match last year's sharp double-digit percentage rebound, which was boosted by restocking from jewellers, the head of De Beers sales division said on Monday.
A former Swiss private banker handed over data on hundreds of offshore bank account holders to WikiLeaks founder Julian Assange on Monday, saying he wanted to draw attention to financial abuses.
Developing countries and economies in transition together attracted more foreign investment than developed countries in 2010 for the first time, a United Nations study showed on Monday.
Monetary policy cannot speed up labor market healing or prevent asset price bubbles, and counting on it to do so may do more harm than good, a top U.S. Federal Reserve official said.
European planemaker Airbus celebrated a surprise win in the annual orders race against Boeing with the 10,000th plane sale in its 40-year history, part of a $5 billion order from Virgin America.
The United States today celebrates the life and legacy of Martin Luther King, Jr., America’s pre-eminent civil rights leader, who was gunned down by an assassin on April 4, 1968 in Memphis, Tennessee. He was 39 years old.
A former Swiss private banker says he plans to hand over data on hundreds of offshore bank account holders to the WikiLeaks website at a London news conference on Monday.
Ed Miliband, leader of Britain’s Labour Party, has joined a growing chorus of critics expressing reservations over BP plc’s (NYSE: BP) joint venture with Russian energy giant Rosneft to explore potentially massive oil and gas deposits on the Arctic shelf – BP’s first major deal since last year’s Deepwater Horizon catastrophe.
Ford has topped the list of search queries in the entire automotive brand category in the U.S. over the last 30 days, followed by BMW, Audi and Nissan, according to a report by Google's North American auto team.
Investors remain preoccupied by the threat of further monetary tightening in China, writes Marc Ground at Standard Bank in London today. This is weighing on precious metal prices, encouraged further by a stronger Dollar off the back of lingering Eurozone debt concerns.
Stock index futures extended their fall on Monday, pulled lower by Apple Inc
after the company's CEO Steve Jobs said the company's board had granted him leave to concentrate on his health.For the first time since overthrown by a popular uprising in 1986, expatriated former dictator of Haiti, Jean-Claude Duvalier, on Sunday unexpectedly returned to his Caribbean homeland. Duvalier's stunning arrival was as mysterious as it was unexpected.
As the United States observes the 25th Martin Luther King Jr. Day on Monday, world has immemorial incidences of non-violence movements to look back to, which curbed exploitation and discrimination on the basis of race, caste, color, creed and more, prevalent in the then civil societies.
