The US Treasury is barely breaking even on its investment in beleaguered insurance giant American International Group Inc, according to an early litmus test of market interest in the firm's stock.
Sony has suffered another online security breach, this time for 2,000 customers of its Sony Ericsson joint venture in Canada.
Influential hedge fund manager David Einhorn has called for Microsoft Corp Chief Executive Steve Ballmer to step down, saying the world's largest software company's long-time leader is stuck in the past.
Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch.
A labor strike at Yoosung Enterprise, a South Korean manufacturer of engine parts like piston rings, cylinder liners and camshafts, appears to inflict severe damage on the automobile industry.
Ford sees a big chance in coming months to snatch buyers away from the Japanese automakers that are battling production delays caused by the March earthquake and tsunami.
A Greek debt default would hurt other peripheral euro zone states, Moody's said in a statement on Tuesday, becoming the last of the three major rating agencies to say any kind of restructuring would constitute default.
New Zealand's national carrier Air New Zealand will increase passenger capacity on routes to China by more than a fifth for the northern winter season to meet growing demand.
Auction site eBay says a bidder has paid 81,100 pounds ($131,648) for the silk bow hat worn by Princess Beatrice to last month's royal wedding.
Greek Prime Minister George Papandreou will discuss new measures with his cabinet on Monday to cut the budget deficit, in an effort to convince lenders Greece can deal with a debt crisis without a restructuring.
Asia Pacific trade ministers discussed ways on Thursday to maintain the momentum for pushing forward the current deadlocked multilateral trade talks
The global outlook for gold demand remains robust throughout 2011 against the background of another strong quarter, geographic and sectoral diversity of demand, and strong fundamentals, the World Gold Council (WGC) said Thursday.
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