Industries
Polka-dot dresses the rage in N. Korea: survey
Mar 19, 2013 01:44 EDT
Polka-dot dresses and manual threshing machines were among the hottest consumer products in North Korea last year, according to an annual list compiled by a research analyst in South Korea.
Crippled Japan nuclear plant hit by power cut
Mar 18, 2013 22:40 EDT
The operator of Japan's tsunami-crippled Fukushima nuclear plant said Tuesday power for cooling systems at three spent fuel pools was still out more than 14 hours after it failed.
Airbus wins record order from Indonesia's Lion Air
Mar 18, 2013 21:19 EDT
European aircraft maker Airbus announced a record order worth 18.4 billion euros ($23.8 billion) from the Indonesian company Lion Air for 234 medium-range A320 jets.
Citigroup to pay $700 million to settle suit
Mar 18, 2013 19:12 EDT
US banking giant Citigroup said Monday it will pay $730 million to settle a class-action suit by bondholders related to the 2008 financial crisis.
Sao Paulo launches summer fashion week
Mar 18, 2013 19:06 EDT
Sao Paulo Fashion Week (SPFW), Latin America's premier style event, starts Monday, with 25 designers set to showcase their summer collections.
US tightrope walker to tackle Grand Canyon
Mar 18, 2013 18:33 EDT
He's at it again. The US tightrope artist who crossed Niagara Falls last year will try to do the same at the Grand Canyon -- but this time much further up and without a safety harness.
US stocks fall on Cyprus bailout worries
Mar 18, 2013 18:13 EDT
US stocks fell for a second straight day Monday as the Cyprus banking crisis sent jitters through markets.
US top court rejects appeal in $220,000 piracy case
Mar 18, 2013 18:11 EDT
The US Supreme Court refused Monday to take up the case of a woman ordered to pay a $220,000 fine for illegally downloading music off the internet.
Euro plummets on Cyprus bailout turmoil
Mar 18, 2013 18:04 EDT
The euro sank against other major currencies Monday after the proposed bailout for Cyprus, including a steep tax on bank depositors, revived concerns about the eurozone.
Electronic Arts chief out as earnings ebb
Mar 18, 2013 17:42 EDT
Electronic Arts on Monday announced that chief executive John Riccitiello is stepping down and that the US videogame giant would make less money than initially expected this quarter.
Washington Post says paywall to start in mid-2013
Mar 18, 2013 16:23 EDT
The Washington Post said Monday it would start charging frequent readers for online access starting in mid-2013, with some details still to be finalized.
Fed likely to stay course as Cyprus roils markets
Mar 18, 2013 16:10 EDT
The Federal Reserve looked set to keep its loose monetary policy in place this week as a shock Cyprus plan to seize bank deposits stoked fears of a reigniting eurozone banking crisis.
Crippled Japan nuclear plant hit by power cut: report
Mar 18, 2013 15:48 EDT
A power failure at Japan's tsunami-crippled Fukushima nuclear plant forced operator Tokyo Electric Power Co. to suspend systems to cool spent fuel pools at three reactor units, a report said Tuesday.
Peugeot job cuts plan clears hurdle
Mar 18, 2013 15:28 EDT
Plans by troubled French carmaker Peugeot Citroen to shed over 11,000 jobs cleared a major hurdle on Monday.
US urges 'responsible and fair' Cyprus bank rescue
Mar 18, 2013 14:57 EDT
The United States on Monday called for a "responsible and fair" resolution of the Cyprus bank rescue, amid turmoil over a controversial proposal to tax savings deposits.
Stocks, euro slide on Cyprus bailout terms
Mar 18, 2013 13:29 EDT
Europe's main stock markets lost ground and the euro fell under $1.30 on Monday on news that Cyprus might tax bank deposits as part of a controversial international bailout.
Friend or foe? Civilian drones stir debate
Mar 18, 2013 13:24 EDT
Drones: A flying technological marvel that could save lives or a sinister robot spy which edges the United States ever closer towards becoming a surveillance society?
London shares close lower on Cyprus bailout woes
Mar 18, 2013 13:03 EDT
London shares lost ground on Monday on news that Cyprus, home to around 100,000 British people, plans to tax bank deposits as part of a controversial international bailout.
European stocks slide on Cyprus bailout terms
Mar 18, 2013 11:36 EDT
Europe's main stock markets lost ground on Monday on news that Cyprus might tax bank deposits as part of a controversial international bailout.
Solar giant Suntech defaults on debt
Mar 18, 2013 11:17 EDT
Chinese solar panel giant Suntech Power announced Monday that it was in default on its debt after failing to make a payment on $541 million worth of bonds.