American Apparel Takeover Offer Far Too Low: Source
According to sources, the bid by Irving Place Capital to buy the retailer for up to $1.40 per share was far too low.
JPMorgan Data Breach Entry Point Identified: NYT
A computer breach at JPMorgan Chase & Co (JPM.N) earlier this year could have been avoided if the bank had installed a simple security fix to an overlooked server in its network, the New York Times reported.
Man Rams Van Into Christmas Market In France
Prosecutors said he driver suffered from mental illness and had received psychiatric care over 150 times in 13 years.
Alstom To Pay Record $772 Million To Settle Bribery Charges With US
The French firm Alstom SA (ALSO.PA) has pleaded guilty and will pay $772 million in criminal penalties to settle charges with the U.S. Justice Department alleging the company bribed government officials to win business around the world.
Ukraine Peace Talks May Be Held In Minsk On Dec. 24 And 26: Poroshenko
The dates were discussed in a phone conversation among France's Hollande, Germany's Merkel and Russia's Putin.
Six Dead As Garbage Truck Plows Into Christmas Shoppers In Glasgow
Two witnesses on a tour bus said the driver of the truck had been slumped over the steering wheel as it plowed down the street.
Air China Signs Deal To Purchase 60 Boeing B737 Aircraft
The order comes four months after Boeing Co won an order for 80 737 planes from Singapore-based BOC Aviation.
FRC To Probe PwC Over Tesco Accounting Scandal
UK's Financial Reporting Council has launched an inquiry into PwC over its auditing of Tesco's 2012, 2013 and 2014 accounts.
Taiwan Says Uber 'Violating Law' By Operating Without License
Uber faces an array of challenges and bans in several cities around the world, and yet continues to attract funding.
Brent Climbs Toward $63 Amid Stronger Asia Markets
Analysts predict prices will remain over $60 barrel for the rest of the year, but also say further large jumps are unlikely.
Britain Weighs Up Oil Industry Calls For North Sea Tax Breaks
Britain is considering reducing the tax bill for oil explorers in the North Sea including a proposal from the industry to halve rates.
China Stock Connect Scheme Scorecard Throws Up Surprises
Regulatory hurdles have kept out a large swathe of the investment community despite a sizzling stock market rally on the mainland.
UK Firms Expect To Offer A Bit More Pay In 2015: CBI
British companies plan to cautiously relax their grip on pay in 2015.
China Foreign Minister Says Willing To Help Russia
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a weaker ruble.
Syria Says Israeli Drone Downed In Quneitra
Quneitra has seen heavy fighting between forces loyal to President Bashar Assad and rebels including al Qaeda-linked fighters.
Invoking Allah, Driver Slams Car Into Pedestrians In Eastern France
France is on high alert for attacks from Islamist extremists.
Saudi Arabia Says Won't Cut Oil Output
Saudi Oil Minister Ali al-Naimi blamed falling oil prices on speculators and lack of cooperation from non-OPEC members
Tunisia's Essebsi Campaign Claims Vote Victory
"I dedicate my victory to the martyrs of Tunisia," Essebsi said in claiming victory.
Lithuania Readies Itself For The Euro As Russia Growls Across The Border
New Year’s Day, Lithuania will become the last of the Baltic states to join the euro currency bloc.
Saudi Arabia Says It Won't Cut Oil Output
Saudi Arabia Oil Minister Ali al-Naimi says other countries are welcome to cut their oil output, but that his country will not be doing it.
Egypt Allows In Travelers From Gaza For First Time Since October
An Egyptian official says there has been no decision made about allowing the permanent opening of the border crossing.
As Ford Closes, European Rust Belt Seeks New Ideas
As Ford and GM plants close, workers are unsure about what comes next.
China Tightens Grip On Macau As Dissent Rises In Gambling Hub
Beijing is putting the squeeze on gambling-industry workers in Macau.
Pfizer Unlikely To Make New Bid For AstraZeneca: Swedish Newspaper
"I can't say it will never happen, but the probability that Pfizer returns is much less," the AstraZeneca CEO tells a Swedish newspaper.
Afghan Taliban Decry 'Biased' UN Report On Civilian Casualties Of Insurgent Attacks
The Taliban accused the UN of "enmity and political motives," after it reported a record number of civilians were killed or wounded by insurgents.
South Korea Prosecutors Investigate Data Leak At Nuclear Plant Operator, As Fears Of Cyberattacks Grow
The investigation comes as worries mount about nuclear safety and potential cyberattacks from North Korea.
Australian Mother Charged With Murder Of Eight Children In Cairns
Police said the 37-year-old woman was charged in a bedside hearing at a Cairns hospital, where she is recovering from stab wounds.
Scottish Prosecutor Says No Reason To Doubt Lockerbie Bomber's Guilt
Abdel Basset al-Megrahi was the only person found guilty over the Dec. 21, 1988, attack on Pan Am Flight 103.
French Police Shoot Dead Knife-Wielding Man In Police Station
Police confirmed the attacker had shouted "Allahu Akbar" during the attack, which he said was "extremely violent."
Magnitude 5.9 Earthquake Hits Japan’s Honshu Island: USGS
The quake shook Fukushima where crippled nuclear power plants are located, but local media say there was no tsunami warning.