Mar 21, 2013 06:01 EDT
British pharmaceutical company AstraZeneca on Thursday said it was cutting 2,300 jobs on top of the 1,600 losses it announced at the start of the week, in a major restructuring of the group over the next three years.
Mar 21, 2013 05:50 EDT
Eurotunnel said Thursday it tripled profits in 2012 on a boost in passenger numbers from the London Olympics and the Queen's Jubilee celebrations.
Mar 21, 2013 04:52 EDT
Former oil executive Justin Welby will be enthroned as Archbishop of Canterbury on Thursday after speeding through the Church of England ranks to face the challenge of shepherding the fractious Anglican Communion through the coming years.
Mar 21, 2013 03:52 EDT
A rat may have caused a power cut that knocked out cooling systems at Japan's tsunami-wrecked Fukushima nuclear plant, the operator said Thursday, an episode that highlighted the jerry-rigged nature of the fix.
Mar 21, 2013 03:51 EDT
German airline Lufthansa said Thursday it has cancelled more than 670 European flights owing to warning strikes by ground staff and other divisions within the group.
Mar 21, 2013 03:39 EDT
Police arrested eight Greenpeace activists Thursday after members of the group chained themselves to a bridge in Jerusalem demanding US President Barack Obama halt exploratory drilling in the Arctic, an official said.
Mar 21, 2013 02:44 EDT
Google chairman Eric Schmidt has warned that India is lagging badly behind in harnessing the power of the Internet because of its failure to invest in high-speed telecom networks.
Mar 20, 2013 23:05 EDT
Manufacturing activity in China improved in March after expanding at its slowest pace in four months in February, HSBC said on Thursday, lifting hopes for a pick-up in the world's number two economy.
Mar 20, 2013 22:24 EDT
Wednesday's concerted cyber attack against South Korean broadcasters and banks originated from an IP address in China, but the identity of the hackers cannot be confirmed, officials said Thursday.
Mar 20, 2013 17:46 EDT
Lawmakers and advocates on Wednesday called for safeguards to be placed on the domestic use of drones in order to protect the privacy of Americans.
Mar 20, 2013 17:14 EDT
US online retail giant Amazon began selling its advanced Kindle Paperwhite e-reader in Brazil this week, tapping into the biggest consumer market in Latin America.
Mar 20, 2013 16:40 EDT
US stocks recorded solid gains Wednesday as the Federal Reserve held steady on its policy of economic stimulus.
Mar 20, 2013 16:11 EDT
Cyprus ordered banks to stay shut for another five days as ministers scrambled Wednesday to draw up a Plan B aimed at securing a bailout after parliament rejected a controversial tax on savings.
Mar 20, 2013 14:52 EDT
Cyprus on Tuesday ordered banks to stay shut for another five days as ministers scrambled to draw up a Plan B aimed at securing a bailout after parliament rejected a controversial tax on savings.
Mar 20, 2013 14:51 EDT
Flanked by Germany, which is phasing out nuclear power, and Austria, which has already done so, the Czech Republic is pinning its future on atomic energy.
Mar 20, 2013 14:20 EDT
The US will produce more oil than it imports beginning late this year for the first time in 18 years, the Energy Information Administration said Wednesday.
Mar 20, 2013 14:13 EDT
The Walt Disney Company has bought $3.5 million in carbon credits to prevent the destruction of a jungle in the country's Amazon.
Mar 20, 2013 13:48 EDT
Debt-hit Cyprus scrambled on Wednesday to draw up a Plan B to secure an EU bailout after MPs rejected an unprecedented bank deposit levy, while also seeking to limit the amount of money leaving the island.
Mar 20, 2013 13:27 EDT
Most European stock markets rebounded on Wednesday following two days of losses caused by Cyprus' bailout drama.
Mar 20, 2013 13:22 EDT
Dubai ports operator DP World said Wednesday it posted 21 percent surge in net profits in 2012 as the world's third-largest operator unloaded low-return assets and focused on profitable markets.