Equatorial Guinea’s President Teodoro Obiang Expected To Extend 37-Year Rule
Opposition leaders and international civil society groups have already dismissed Sunday’s elections as “not credible.”
Toyota Plans To Introduce Plug-In, Hybrid Cars In China In 2 Years
The world’s largest carmaker by sales announced Sunday its plans to launch plug-in versions of the Levin and Corolla in China in 2018.
Germany Pushes For ‘Safe Zones’ In Syria To Stem Flow Of Refugees To Turkey
The proposal has faced opposition from the U.N. and aid workers who say it would be hard to guarantee the refugees’ safety in the war-torn country.
Obama Praises Germany’s Merkel Ahead Of Visit While Thousands Protest Trade Deal
The U.S. president is set to meet German Chancellor Angela Merkel Sunday to discuss global economy, terrorism, transatlantic security and a free trade pact.
Greece Bailout Talks: Greece Does Not Need Debt Relief, German Finance Minister Says
Following a meeting of EU ministers in Amsterdam, the German finance minister said the cash-strapped country won’t necessarily require an easing of its debt burden.
Panama Papers Fallout: EU Finance Ministers Wary Of Proposed Tax Evasion Rules
Finance chiefs are caught between public calls for greater transparency and company concerns that fully disclosed data will be misinterpreted.
Nepal’s Landless Earthquake Victims Deprived Of Funds To Rebuild: Oxfam Report
One year after a devastating temblor left 8,700 dead and 117,000 displaced, thousands of survivors are still struggling, an Oxfam report said.
Mexico Stalled Independent Probe Into Disappearances of 43 Students, Investigators Said To Reveal In Final Report Sunday
A panel of experts is soon expected to say it was unable to solve the case due to the government's unwillingness to cooperate.
Chinese Regulators, Internet Giant Baidu (BIDU) Fast-Track Self-Driving-Car Development
The announcement comes as Chinese officials look to lay down a framework for having highway-ready self-driving cars within three to five years.
HSBC (HSBA) Proposes Executive Pay Cuts, Warns Of Brexit Impact
The bank proposed a revamp of its pay policy for executive directors at an annual shareholder meeting, in response to concerns over a sharp drop in its stock prices.
Markets Update: Europe Stocks Down, Asian Stocks Mixed On Weak Global Cues
Disappointing earnings from American blue chip companies sapped investors’ risk appetite on the week’s last trading day.
Apple (APPL) Should Pay More Taxes, Co-Founder Steve Wozniak Says
The company's co-founder was asked about U.S. and European scrutiny over alleged use of tax shelters in Luxembourg and Ireland.
Mercedes’ Parent Daimler Opens Emissions Probe Into Its US Cars
The German automaker was approached by U.S. regulators last week, following a class-action lawsuit filed against the company in February.
China Adds 3.18 Million Urban Jobs In First Quarter, Unemployment Rate Broadly Stable
The world’s second-largest economy said Friday that it added 3.18 million urban jobs in the first quarter of the year.
Verizon Warns Labor Strike Could Pressure Q2 Earnings, Stock Futures Down
Verizon, the largest wireless communications service provider in the U.S., posted first quarter profits in line with analysts’ expectations.
Asian Markets Rise, Europe Stocks Down Ahead Of ECB Meeting
European markets started the day on a wobbly note, with investors wary ahead of a European Central Bank policy meeting Thursday.
Sony Lowers Operating Profit Outlook Citing Slump In Camera Module Business
The Japanese electronics manufacturer said it would take an impairment charge in its full-year profit due to a slump in its camera modules business.
Daily Mail Looks For Partners To Bid For Yahoo
Shares of Yahoo rose as much as 5 percent Wednesday following a better-than-expected quarterly result released late Tuesday.
Volkswagen Emissions Scandal Update: VW To Buy Back Half A Million Diesel Cars In US, Reports Say
The German automaker will also spend about $1 billion to compensate owners as part of the agreement reached ahead of the April 21 deadline, reports said.
Morgan Stanley (MS) Quarterly Profit Halved, Still Beats Wall Street Expectations
Stock futures of the bank, whose quarterly result beat Wall Street expectations, were trading over 2 percent higher during pre-market trade following the announcement.
Global Markets Broadly Lower As Investors Track Crude Oil Retreat
The breakdown of talks in Doha fueled investor fears that a production cut may not be agreed upon until the next meeting in June.
Oil Prices Retreat As Doha Summit Fails To Reach Production Freeze Deal
Crude oil prices had spiked almost 30 percent in recent months as investors hoped the Doha Summit would result in a freeze on production.
Verizon (VZ) Leads Yahoo (YHOO) Auction As Google (GOOG), AT&T (T) and Time (TIME) Drop Out
Over 40 firms had initially expressed interest when Yahoo was first placed on the block under pressure from activist investor Starboard Value.
Singapore Exports Down 15% In March As Electronics, Pharma Sales Falter
The contraction is the biggest monthly drop in a year, with electronics and pharmaceutical sectors the worst hit.
Doha Oil Production Talks Delayed As Initial Draft Runs Into Complications
Hopes for limits on oil production were dashed Sunday as major oil producers decided to put off any decisions until the June OPEC meeting.
Taiwan Releases 20 Telecom Fraud Suspects Caught In Chinese Investigation
The move was met with strong criticism from the Chinese side, further straining the sensitive relationship between the two sides.
Panama Papers Fallout: US Treasury Plans Rules Aimed At Tax-Evading Shell Companies
The rule would require banks to identify if any of the beneficial owners of their new customers are companies, Treasury head Jack Lew said.
India’s TCS Fined $940 Million In US Trade Secrets Lawsuit
An American healthcare software provider alleged that Tata Consultancy Services had “brazenly” stolen trade secrets to help a rival company.
Hong Kong Disneyland Announces Job Cuts As Attendance Slumps
Friday’s move marks the first time Hong Kong Disneyland has laid off employees on a large scale since it opened in 2005.
Iran Urges US To Ease Country’s Access To Global Financial Systems
U.S. banks are prohibited from doing business with Iran directly or indirectly because Washington still accuses Tehran of “supporting terrorism.”
