Samsung Electronics promoted its chairman's son, Jay Y. Lee, as president in a move that tightens the founding family's grip over the world's biggest memory chipmaker as it battles slower growth. Shares
Japan's Nikkei share average held onto recent gains on Friday as U.S. retail and housing data raised hopes for a swifter recovery in the world's biggest economy while concerns about Europe's debt
Saudi Arabia's elderly King Abdullah will undergo surgery on Friday to stabilise vertebrae in his spinal column. The king, thought to be around 86 or 87, underwent surgery on his back in
Pilots of a crippled Qantas Airbus A380 superjumbo struggled with more than a dozen system errors after an engine blew apart on November 4 and landed the plane in Singapore with barely
Banks and commodity stocks powered strong gains for Britain's top share index on Thursday on growing investor confidence that the euro zone debt crisis would be contained. By 1531 GMT, the FTSE
Wall Street opened little changed on Thursday as bets on a stronger U.S. economy were offset by disappointment over unmet expectations of bond purchases from the European Central Bank. The Dow Jones
The European Central Bank resisted pressure on Thursday to announce a major bond-buying programme to contain the euro zone debt crisis, despite the risk it could disappoint investors worried about Portugal and
Heavy snow caused havoc across Britain on Thursday, keeping airports closed for a second day, leaving travellers stranded and forcing thousands of schools to close. Met Office forecasters warned of severe weather
Britain's parliament plans to vote next Thursday on plans to raise tuition fees for university students, an issue which has split the Liberal Democrats, the junior partner in the Conservative-led coalition. Students
Commerce, Industry and Tourism Minister Antonis Pashalides has said on Thursday that despite the economic crisis, the Cyprus economy has exhibited dynamism and flexibility, with high development indicators. In a speech at
