Euro zone finance ministers and the International Monetary Fund clinched agreement on reducing Greece's debt on Monday in a breakthrough to release urgently needed loans to keep the near-bankrupt economy afloat. After 12 hours of talks at their third meeting in as many weeks, Greece's international lenders agreed on a package of measures to reduce
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Samsung came under renewed criticism from a rights group on Tuesday for illegal work practices at its Chinese suppliers, a day after the South Korean electronics giant admitted excessive overtime and fines for employees in China. A number of foreign companies have been accused in recent years of improper labour practices in China, seen as
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The body of the late Palestinian leader Yasser Arafat was exhumed on Tuesday by a team of international experts trying to discover if he was poisoned, as many Palestinians believe. French magistrates opened a murder inquiry in August into Arafat's death in Paris after a Swiss institute said it had discovered high levels of radioactive
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Posting pictures of yourself plastered at a party and talking trash online with your Facebook friends may be more stress than it's worth now that your boss and mom want to see it all. A survey from Edinburgh Business School released on Monday showed Facebook users are anxious that all those self-published sins
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Greece is still seeking ways to cut its debt which is projected to reach 190% of GDP next year. The scope for further write downs is seen as the biggest issue at the latest Eurogroup summit. After weeks of regular meetings and conference calls aimed at tackling Greek debt issues, the ‘troika’ of creditors-the European
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Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday shopping, comScore Inc said on Sunday. Online sales jumped 26 percent on Black Friday to $1.04 billion from sales of $816 million on the corresponding day last year, according to
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An autopsy on the exhumed body late President Turgut Ozal, who led Turkey out of military rule in the 1980s, has revealed evidence of poisoning, a newspaper reported on Monday. There had long been rumours Ozal, who died of heart failure in 1993 aged 65, was murdered by militants of the "deep state" – a
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A fire broke out in a multi-storey garment factory building outside Dhaka on Monday, one day after more than 100 people were killed in a blaze that swept through another factory on the outskirts of the Bangladeshi capital. A fire brigade official said the blaze in the 11-storey building in the suburb of Uttara, which
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British blue chip shares fell in early deals on Monday, with Barclays leading fallers after its top shareholder had cashed in its remaining warrants in the bank. Barclays shed 3.7% after Qatar Holding LLC put pressure on the share price after monetizing its remaining warrants in the bank, in a move that still leaves the
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A split within the Bank of Japan was laid bare on Monday, with newcomers to its board pressing to strengthen commitment to an ultra-loose policy, as pressure on the central bank for bolder action intensified in the run up to next month's election. In an effort to shift the debate away from the central bank,
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