Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and revolving-door political leadership that
Europe's leading shares slipped on Wednesday as tentative rebound lost steam and investors were cautious that a new round on quantitative easing in the U.S. would be announced. At 0714 GMT, the
Hewlett-Packard Co has filed a case in a U.S. court against AU Optronics , saying the Taiwanese company conspired to fix the prices of thin film liquid crystal display (LCD) panels, court
A strong earthquake rattled the East Coast on Tuesday, sending tremors as far as Canada, damaging well-known buildings in the nation's capital and sending scared office workers into the streets. There
Asian suppliers to Apple Inc have begun manufacturing a lower priced version of its hot-selling iPhone 4 with a smaller 8 gigabyte flash drive, according to two people with knowledge of the
A son of Muammar Gaddafi who rebels said they had captured made a surprise appearance with jubilant supporters in Tripoli overnight and issued a rallying cry to loyalists to fight off opponents
European shares were set to follow Asian gains on Tuesday after a survey of Chinese factory output soothed fears of a hard landing for the world's No. 2 economy, but gold hit
Swiss bank UBS plans to slash around 3,500 jobs, almost half of them from its investment bank, as it seeks to shave some 2 bln Swiss francs from annual costs by the
The Nikkei average rose on Tuesday helped by buying of domestic-demand stocks such as food processors and paper stocks, offsetting concerns about the economies of key export markets and the impact of
A hotel in orbit, lunar sightseeing flights and luxury rides into the cosmos — all are part of Russia's vision to ensure it is not left behind in the growing space tourism
