Budget carrier Pegasus Airlines turned its back on Boeing and placed its first order for 75 A320neo Airbus jetliners on Tuesday in a $7.5 bln deal hailed as Turkey's largest single plane
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
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
Children eager to track Santa Claus on his annual yuletide journey to homes across the world can download a new mobile app from the North American Aerospace Defense Command (NORAD). The new
Venezuelan President Hugo Chavez's battle with cancer and the possibility of a new presidential election look likely to delay key economic policy decisions including a sharp currency devaluation needed to shore up
The Liberal Democratic Party of Japan's election triumph drove the yen to a 20-month low against the dollar that propelled the Nikkei stock average to a 8-1/2-month closing high on expectations Japanese
Greece's economy, expected to slump for a sixth straight year in 2013, may begin to recover in 2014, the country's finance minister said on Saturday. "I believe that after the second half
