Business
Ford recalls more than 83,000 vehicles over faulty part
Ford has announced it is recalling 83,250 cars because a faulty part could cause them to lose power or roll away if they are...
Iraq: Nouri al-Maliki agrees to step aside in favor of Haider al-Abadi
Iraq’s PM Nouri al-Maliki has agreed to step aside, ending political deadlock in Baghdad as the government struggles against insurgents. His replacement, Haider al-Abadi, has...
Lenovo reports 23% jump in net profit for Q2 2014
Lenovo has reported a 23% jump in net profit for Q2 2014 as laptop sales outperformed industry average. For the three months to June, net...
Global oil prices hit lowest level in nine months
Global oil prices have reached their lowest level in nine months, despite fears that conflicts in Ukraine and Iraq would inflate prices. Brent crude oil...
Eduardo Campos dead: Brazil’s presidential candidate dies in plane crash near Santos
Brazil’s presidential candidate Eduardo Campos has died in a plane crash, party members and local officials say. The Brazilian Air Force reported the plane was...
Steve Ballmer buys LA Clippers for $2 billion
Ex-Microsoft CEO Steve Ballmer has purchased the Los Angeles Clippers for $2 billion after a court cleared the way for the sale. A Los Angeles...
Cutrale and Safra make $611 million bid for Chiquita
Brazilian companies Cutrale and Safra have made a $611 million bid for American banana group Chiquita. Juice maker Cutrale and conglomerate Safra have offered $13...
Iraq: President Fuad Masum asks Haider al-Abadi to form new government
Iraqi President Fuad Masum has asked the deputy speaker of parliament, Haider al-Abadi, to form a new government. Haider al-Abadi had previously been nominated prime...
Turkey election 2014: Recep Tayyip Erdogan wins first direct presidential election
Recep Tayyip Erdogan has won Turkey's first direct presidential election. With almost all the votes counted, current PM Recep Tayyip Erdogan had won about 52%,...
Turkey election 2014: Polls open for first direct presidential election
Turkish people are voting in the country's first ever direct presidential election. Three candidates are vying for the position, including current PM Recep Tayyip Erdogan. If...
Joan Bramhall found dead in apparent murder-suicide
Former Morris County Clerk Joan Bramhall, who once worked with Republican Governor Chris Christie, was found dead along with her husband inside their New...
Turkey’s first direct presidential election: Candidates hold final rallies
Turkey's first direct presidential election will be held on Sunday, August 10. Candidate and current PM Recep Tayyip Erdogan is due to hold his final...
BayernLB rejects Bernie Ecclestone’s settlement offer
German bank BayernLB has rejected a 25 million euros settlement from Bernie Ecclestone. BayernLB claims he collected commissions, and undervalued its stake in the global...
Toyota under scrutiny in China’s anti-monopoly investigation
Toyota is being caught in China’s anti-monopoly investigation. The Japanese car maker said that Chinese regulators were looking into its Lexus luxury brand. Audi, Chrysler and...
Malaysia Airlines in complete state takeover
Malaysian state fund Khazanah Nasional has proposed a "complete overhaul" of national carrier Malaysia Airlines. Khazanah wants to buy the shares it does not already...
Delta Air Lines to make alternate routings if Russia bans access to its airspace
Delta Air Lines has announced it is ready to re-route flights from the US to Asia if Russia imposes a ban on access to...
Rudy Kurniawan: Wine fraudster sentenced to 10 years in jail
Rudy Kurniawan has been sentenced to 10 years in jail and ordered to pay $20 million for his role in selling millions of dollars...
Monte dei Paschi di Siena: World’s oldest bank reports heavy loss
Italian bank Monte dei Paschi di Siena (MPS) – known as the world's oldest surviving bank - has reported a bigger-than-expected loss. MPS, which has...
Adriana’s Insurance Services settles lawsuit with 17 buckets of coins
California-based Adriana's Insurance Services settled a lawsuit with a Los Angeles man with 17 buckets of coins, said to contain $20,000. Andres Carrasco, 76, filed...
Russia imposes full embargo on food imports from EU and US
Russia has imposed a "full embargo" on food imports from the EU, US and some other Western countries, in response to sanctions over Ukraine. PM...
Vladimir Putin’s decree bans agricultural imports from countries imposing sanctions on Russia
Russian President Vladimir Putin has issued a new decree banning or curbing agricultural imports from countries imposing sanctions on Russia over the crisis in...
Italy’s economy falls back into recession
According to latest official figures, Italy's economy has fallen back into recession after contracting for two quarters in a row. GDP, the value of all...
Apple and Samsung agree to withdraw all legal cases outside US
Tech giants Apple and Samsung have agreed to withdraw all patent suits against each other outside the US. The two rivals have sued each other...
Fox withdraws $80 billion bid to purchase Time Warner
21st Century Fox has withdrawn its bid to purchase entertainment giant Time Warner for an estimated $80 billion. Time Warner rejected Fox's initial offer in...
Can Your Employer Fire You When You Become Disabled?
Auto Zone has a history of running afoul of the Equal Employment Opportunity Commission (EEOC). The agency has just filed its fourth lawsuit against...
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