General Motors Corp and Chrysler LLC requested nearly $22 billion in additional U.S. government loans and said they had reached tentative deals with the United Auto Workers union to reduce labor costs.
McDonald's Corp, the world's largest fast-food chain, is optimistic about business prospects in China and plans to open about 500 stores in the country in three years, a senior executive said on
Anthony Dod Mantle remembers racing through the slums of Mumbai, desperately trying to keep up with the 7-year-olds who ran ahead of him. There they were, "armed with life's energy and a
Key mobile phone industry players have agreed to fit phones with the same power socket by 2012, industry group GSMA said on Tuesday. It said handsets would have a micro USB interface,
Global chipmakers, battling slower technology demand, are betting size matters as they pin their hopes for future growth on small and easy to carry mobile devices such as netbooks and smartphones. Global
Cyprus has so far weathered the storm, but the 2009 outlook is more uncertain, it is noted in Cyprus' Stability Programme (SP) for the period 2008-2012 which has been submitted to the
The Budapest Symphony Orchestra MAV, under the direction of Cypriot conductor Notis Georgiou and with the participation of Cypriot soloists Nikolas Konstantinou and Manolis Neophytou, has given a concert with great success,
The international mountain biking games ''Cyprus Sunshine Cup 2009'' kick off Sunday, February 22. This year's Cyprus Sunshine Cup offers four rounds between the 22nd of February and the 15th of March.
Deepening economic gloom and fears about the health of the global finance sector pushed Asian shares to their lowest level this month on Wednesday, prompting investors to move to low-risk assets such
Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped on his U.S. headquarters. In a civil complaint filed in federal court
