A few words by an American scholar, a crumbling Mexican monument and the love of a good yarn were all it took to spawn the belief that the world could end this
The trade deficit shrank to EUR 373,839 in October according to preliminary figures, from EUR 388,536 in October 2011. For the period January-October, the deficit dropped to EUR 3.65 bln from EUR
The harmonised consumer price inflation rate dropped to 1.4% in November from 2.6% in October. One key reason is that prices dropped by 0.8% compared with the year earlier for the heavily
Tourism arrivals slipped in November after a strong showing in the summer months. According to the Passengers’ Survey, arrivals of tourists fell by 9.5% over the year earlier in November to 84,020
The Bank of Japan will ease monetary policy this week and consider adopting a 2% inflation target no later than in January, sources say, responding to pressure from incoming Prime Minister Shinzo
U.S. private equity firm Cerberus Capital Management said on Tuesday it will immediately begin selling its investment in gunmaker Freedom Group in light of last week's school shooting in Connecticut. Cerberus acquired
The schools of Newtown, which stood empty in the wake of a shooting rampage that took 26 of their own, will again ring with the sounds of students and teachers on Tuesday
A California judge has denied Apple's request for a permanent injunction against Samsung Electronics' smartphones, depriving the iPhone maker of key leverage in the mobile patent wars. Apple had been awarded $1.05
In a major counteroffer that moves the White House and congressional Republicans closer to resolving the "fiscal cliff" standoff, President Barack Obama is now seeking $1.2 trillion from higher tax revenues, including
Asian shares and other risk assets rose on Tuesday as signs of compromise sparked new optimism that the U.S. "fiscal cliff" budget tussle could be settled before tax hikes and spending cuts
