A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.
Equity markets and high yielding currencies gained on Friday while bonds and the dollar fell, as U.S. jobs and factory data the previous session rekindled hopes that the global economy may be recovering from recession.
Few events in the technology world can rival the attention a new iPhone launch draws, but the return of Steve Jobs to Apple Inc would surely be one of them.
U.S. stock index futures pointed to a higher open on Wall Street on Friday, as stocks were poised to add to the previous session's gains.
Global LCD TV sales volume is expected to increase by 21 percent this year, faster than a previous forecast, helped by strong sales in developed markets and China's stimulus spending program, speeding up the transition to flat-screen TVs, DisplaySearch said.
Asian stocks snapped a four-day slide on Friday and government bond yields climbed after upbeat U.S. factory and jobs data provided more evidence that the global economy is recovering from its deep recession.
Bank of America Corp Chief Executive Ken Lewis was approached by three former Merrill Lynch executives this year to discuss buying back some or all of their old company, but he politely rebuffed them, the Financial Times reported on its website. Dan Tully, former Merrill CEO, Launny Steffens, former head of Merrill's private client business, and Winthrop Smith Jr, son of one of Merr...
Texas billionaire Allen Stanford will appear in a federal court in Virginia on Friday over allegations of massive fraud involving his Antigua bank, U.S. officials said after he surrendered to the FBI.
European Union leaders agreed on Thursday to tighten financial supervision and create pan-European watchdogs to help prevent another global economic crisis.
Iran's supreme leader will address the nation on Friday for the first time since a disputed election result triggered the biggest protests the Islamic Republic has seen.
U.S. private equity firm Kohlberg Kravis Roberts & Co is reconsidering its plan to list in New York, the Financial Times reported on Thursday.
Now that Goldman Sachs Group Inc has settled its $10 billion debt with the U.S. taxpayer, investors are wondering about the Wall Street firm's other looming presence -- Warren Buffett.
Microsoft finally announced that its new antivirus software, codenamed ‘Morro’, will officially be named “Microsoft Security Essentials” and comes out on June 23 serving Windows end-user for free.
Texas billionaire Allen Stanford was prepared to surrender to U.S. authorities in Virginia on Thursday night after a warrant was issued for his arrest, Stanford's lawyer said.
U.S. President Barack Obama is expected to sign a $106 billion war bill into law in near future.
China's inland provinces are starting to feel the pinch of the global economic downturn companies and officials said at the 20th China Harbin International Economy and Trade Fair
A California company accusing a Chinese rival of stealing its code for anti-pornography software has demanded that U.S. PC makers Dell, Hewlett-Packard and Gateway stop shipping computers loaded with the program Green Dam.
Senior U.S. lawmakers launched an assault on Thursday on the centerpiece of the Obama administration's financial reform plan -- giving the Federal Reserve new powers to police broad risks in the economy.
The U.S. released more funds from the stimulus package today destined for weatherization programs across 15 states, the head of the Energy Department, Steven Chu said today in Ohio.
American International Group Inc had questioned for years a retirement bonus plan for top managers because it was funded by a private company at no cost to AIG and that may have violated good governance standards, AIG's former CEO Maurice Hank Greenberg testified on Thursday.
South Korea's antitrust authorities have charged telephone maker Qualcomm Inc with unfair licensing terms, in addition to charges the company has acknowledged, a source briefed on the matter said on Thursday.
A push by the United Steelworkers union to slash China tire imports into the U.S. got a boost today after federal investigators determined the imports cause or threaten to cause market disruption to domestic tire makers.
