Apple Inc once again rewarded shareholders richly as its shares surged to new highs above USD500 on Monday. There is, though, one part of the iPhone and iPad company's business that is not exactly humming: Its management of a pile of money now probably exceeding USD100 billion.
Rupert Murdoch will face hostile and angry staff when he arrives in Britain this week seeking to face down a growing rebellion within his newspaper business.
The White House proposed more funds for renewable energy and pipeline safety in the 2013 budget while renewing the call to end subsidies for the oil and gas sector.
Jose Manuel Barroso, president, EU Commission tells CNBC-TV18's Shereen Bhan that he agrees the austerity measures imposed on the Greek people will be painful to pursue.
President Barack Obama will argue for tax increases on the wealthy and new spending on roads and other infrastructure projects as he lays out a campaign-year budget on Monday that will draw a populist battle line with his Republicans opponents.
Tens of thousands of protesters took part in rallies across Europe on Saturday against an international anti-piracy agreement they fear will curb their freedom to download movies and music for free and encourage Internet surveillance.
General Electric Co plans to hire 5,000 U.S. military veterans over the next five years and to invest USD 580 million to expand its aviation footprint in the United States this year.
While Europe's debt crisis and global economic uncertainty are threatening airline profitability in the West, in Asia airlines are experiencing relatively strong growth.
Pakistan Tehreek-i Insaaf (PTI) chief and former Pakistan cricket team captain Imran Khan came out strongly against Prime Minister Syed Yousuf Raza Gilani on Monday, saying that he must step down immediately.
China has no intention of 'buying up' or "controlling" a debt-ridden Europe that it still has confidence in, and any help Beijing may offer will be for purely economic reasons, a top state-run newspaper said on Monday ahead of a China-EU summit.
When they saw the house on El Dorado Drive in this Los Angeles suburb being painted a startling orange and green and giant billboards hung on the outside, Scott and Beth Hostetler's neighbors were initially angry and confused. Some even considered calling the police.
Japan's trade minister approved nearly $9 billion in additional support for Tokyo Electric Power Co on Monday to help compensate victims of the Fukushima nuclear crisis, but said the government would not inject taxpayers' money into the troubled utility unless it got adequate management say in return.
Tom Storrs, who set a small North Carolina bank on the path to becoming one of the largest US financial institutions, died Friday at age 93.
Singapore Telecommunications Ltd (SingTel) posted a fourth consecutive fall in quarterly profit on Monday, hurt by weakness in Singapore and India, but it reiterated a forecast for low single-digit annual revenue growth in the city-state and stable dividends from its associate firms.
China will start to fine-tune its economic policies in the first quarter, Premier Wen Jiabao said in remarks published by state media on Monday, the most explicit indication yet of further monetary policy easing.
Japan's economy shrank a bigger-than-expected 0.6% in October-December, hurt by slowing global growth, Thai floods and a strong yen, casting doubt about expectations that growth will resume this quarter as Europe's debt crisis clouds the outlook.
Rupert Murdoch is under pressure over his Sun tabloid after the arrests of several senior staff in a corruption probe, but whistleblowers inside his media empire may pose more of a threat than the public outrage that forced the closure of its sister paper.
A number of top Federal Reserve officials likely saw a need for additional monetary easing at the central bank's meeting last month, although there are few signals the central bank will move soon.
Greek police fired teargas at protesters hurling stones and petrol bombs outside parliament in Athens on Sunday, as lawmakers inside debated deeply unpopular austerity measures to secure an EU/IMF bailout.
Arab ministers called on Sunday for swift Arab and international action to end bloodshed in Syria after Russia and China blocked a Western-backed Arab peace plan at the U.N. Security Council.
In February 2007, a fiery Nicolas Sarkozy had millions convinced that he - a go-getter abandoned as an infant by his Hungarian father - would break with the past, end chronic unemployment and restore a sense of pride to France.
A new crop of companies entering the U.S. public markets, including such high-profile offerings as Facebook, are turning the clock back on the way U.S. corporations are run.
Global airlines called on Sunday for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union over jet pollution spilling into a trade war.
For decades, the two-island nation of St. Kitts and Nevis exported sugarcane to keep its economy afloat. When sugar prices fell, St. Kitts began to sell an even sweeter commodity: its citizenship.
Trying to track China's economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak.