Defense contracting giant Lockheed Martin announced Thursday that it would eliminate 4,000 jobs and close several facilities in an effort to cut costs in a climate of reduced federal spending. The...
Ireland is to exit its three-year bailout programme next month without seeking precautionary funding, Taoiseach Enda Kenny has confirmed. Mr Kenny told the Dáil this was the “right decision for...
AFP - A Chinese suitor who gave his future bride an auspicious 8.88 million yuan ($1.5 million) in cash drew ire on Thursday for the extravagant display of wealth in the still-developing country. Some...
The world's oceans are becoming acidic at an "unprecedented rate" and may be souring more rapidly than at any time in the past 300 million years. In their strongest statement yet on...
GENEVA - An enormous diamond known as "The PinkStar" has sold for more than $83 million at an auction, far surpassing its expected price. Sotheby's says the sale Wednesday night of the vivid and...
BEIRUT: Hezbollah chief Hassan Nasrallah warned in a rare public appearance on Wednesday that failure to strike a deal with ally Iran over its nuclear programme would spell "war in the region."...
NEW YORK — An optimistic outlook for holiday spending from Macy's is sending the stock market back to record levels. Macy's led other retailers higher with a 9 percent surge after reporting a...
CAIRO — In a letter from prison made public by his lawyers on Wednesday, Mohamed Morsi, the former Islamist president of Egypt, heaped scorn on his opponents in the military-backed government, saying...
Good morning, AdLand. Here's what you need to know today: Starbucks has been ordered by an arbitrator to pay $2.7 billion to Mondelez International for improperly terminating a deal through which...
BAGHDAD: Violence across Iraq, including bombings against Shias killed 23 people on Wednesday as worshippers massed in a shrine city on the eve of major commemoration rituals often targeted by...
GENEVA: Sea levels this year posted a record high, making low-lying coastal populations ever more vulnerable to extreme weather like super-storm Haiyan, the UN said Wednesday. In an interim report on...
By Parameswaran Ponnudurai China and Vietnam gained seats Tuesday as Asia's representatives on the UN's top human rights body despite criticism of their rights records. They joined other alleged...
KABUL (Reuters) - Afghan opium cultivation has hit a record high as international forces prepare to leave the country, the United Nations said on Wednesday, with concern that profits will go to...
Starbucks must pay Kraft FoodsUS$2.76 billion ($3.36 billion) after it ended the companies' grocery deal at least three years early, the coffee chain said on Tuesday. Mondelez International spun off...
JERUSALEM (Reuters) - Prime MinisterBenjamin Netanyahu ordered on Tuesday a reassessment of plans to build nearly 24,000 settler homes, saying he feared an international outcry that would divert...
The Dow and the S&P500 declined on Tuesday after rising bond yields increased debate over how soon the Federal Reserve would start trimming its stimulus program. Fed officials offered diverging...
China elevated the role of markets in the nation’s economic strategy after PresidentXi Jinping oversaw a gathering of Communist Party leaders while stopping short for now of unveiling detailed policy...
KAMPALA, Uganda (AP) — A Congolese rebel group whose fighters retreated into Uganda after being hammered by U.N.-backed Congolese government forces "can still regroup," a Ugandan government spokesman...
New York - The S&P 500 index futures edged lower on Tuesday, a day after the Dow hit a record closing high as investors shifted focus to how soon the Federal Reserve may begin reducing stimulus. *...