Eurozone recession is now longest in currency bloc
The eurozone is now in its longest ever recession — a stubborn slump that has surpassed even the calamity that hit the region in the financial crisis ...
IMF approves funds for Cyprus bailout
The IMF's executive board has approved a $1.3 billion loan for Cyprus as part of a larger bailout package meant to avert a debt default. The IMF, one ...
Space not the final frontier for viewing movies
The crew of the International Space Station is boldly going where no one has gone before — to see the new "Star Trek" film. The three astronauts were ...
UK casino accuses US poker star Ivey of cheating
A major casino operator is accusing Phil Ivey, an American who is one of the world's top professional poker players, of amassing millions of dollars ...
A look at EU investigation of oil price fixing
The European Union's executive arm, the Commission, on Tuesday said it had raided the offices of a number of oil industry companies for possible ...
Allianz: Low rates to keep earnings under pressure
Low losses from natural disasters and higher prices in the key markets of Germany, Turkey and Latin America lifted profits at German insurance company ...
Steelmaker ThyssenKrupp to cut 3,000 office jobs
Steel and elevator maker ThyssenKrupp says it will cut 3,000 of its 15,000 office jobs over the next three years to streamline the company's ...
Asia stocks up as US small business mood improves
Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. The National ...
Chains grapple with how to improve safety
While several more global clothing chains on Tuesday were announcing that they agreed to a historic pact to improve factory conditions in Bangladesh, ...
Bangladesh honors the dead from building collapse
Thousands of mourners gathered Tuesday at the wreckage of a Bangladeshi garment factory building to offer prayers for the souls of the 1,127 people ...
EU probes oil companies for possible price-fixing
European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing. Britain's BP, Royal Dutch ...
Nokia unveils metallic smartphone, stock tumbles
Nokia Corp. on Tuesday unveiled its first Lumia smartphone with a metal cover, low-light camera features and new social network apps. But the new ...
Turkey: oil search deal reached in northern Iraq
Turkey says its state-run petroleum company has reached a deal with U.S. company Exxon Mobil to explore for oil in northern Iraq. Prime Minister ...
Slovenia government, unions agree on wage cuts
Slovenia's government and trade unions on Tuesday reached a tentative agreement to cut public sector wages by up to 4.8 percent as part of budget ...
Pirelli responds to criticism by pledging changes
Pirelli will make changes to its Formula One tires from next month's Canadian Grand Prix after widespread complaints from drivers at last weekend's ...
India announces low-cost rotavirus vaccine
The Indian government announced Tuesday the development of a new low-cost vaccine proven effective against a diarrhea-causing virus that is one of the ...
Croatia Airlines goes on strike over pay cuts
Croatia Airlines pilots and flight attendants went on strike Tuesday over planned salary cuts and layoffs that are part of efforts to restructure the ...
5 crew kidnapped from ship off Nigeria released
A German ship operator says five crew members kidnapped from one of its ships off the coast of Nigeria last month have been released. The five Polish ...
Economy hurts Deutsche Post DHL freight business
Mail, express delivery and freight company Deutsche Post DHL saw its profits dip in the first quarter as the weak global economy saw companies ship ...
Visa to lower some card fees in EU antitrust probe
The European Union says Visa has agreed to reduce some credit card payment fees significantly to address concerns raised by the bloc's antitrust ...
Dutch won't charge company in Israeli barrier case
In a blow to pro-Palestinian activists, Dutch authorities said Tuesday they will not prosecute a company on war crimes charges for renting out ...
Higher prices for MS drug help drug firm Merck
Higher prices for its multiple sclerosis drug Rebif helped German pharmaceutical and high-tech materials company Merck KGaA post a 54 percent rise in ...
3-man space crew returns safely to Earth
A Soyuz space capsule with a three-man crew returning from a five-month mission to the International Space Station landed safely Tuesday on the ...
Pakistan's Sharif sends mixed message to US
Pakistan's presumptive prime minister said Monday that he wants good relations with the United States but criticized American drone strikes on ...
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