Archive by category World

Alstom board backs $17b GE bid
Alstom board backs $17b GE bid

PARIS (AFP) ― The board of directors of French power-to-rail group Alstom on Saturday unanimously approved U.S. conglomerate General Electric’s 12.35 …

U.S. warns of investment risks in Chinese Internet firms

WASHINGTON (AFP) ― Buying stock in online giant Alibaba or other Chinese Internet companies that bypass Beijing’s restrictions on foreign ownership could …

Apple likely to launch smartwatch this autumn
Apple likely to launch smartwatch this autumn

NEW YORK (AP) ― Apple is likely to launch a computerized wristwatch this fall that includes more than 10 sensors to take health measurements and other data, …

Google, Microsoft to add smartphone ‘kill’ switches

WASHINGTON (AFP) ― Google and Microsoft plan to join Apple in offering theft-deterring “kill switches” in their smartphone operating systems, as part of …

In Argentina, debt struggle barely registers
In Argentina, debt struggle barely registers

BUENOS AIRES (AFP) ― After the devastating debt crisis of 2001, Argentines have become rather sanguine about economic strife. And for now, many are more …

Low rates, rising confidence light takeover fires

PARIS (AFP) ― Low interest rates are stoking the fires of takeovers, with about a quarter of big groups now on the lookout for targets in the next 12 months, …

IMF considers ending exemption that enabled 2010 Greek loan

The International Monetary Fund is considering creating a new way for indebted countries to get large loans and dropping a exception to its lending rules that …

[Weekender] FEZ woos foreign businesses, talent
[Weekender] FEZ woos foreign businesses, talent

About a decade ago, this place was basically a wasteland, a landfill or, at best, farmland. But the 82.3-square-kilometer area between Busan and Jinhae, a …

[Weekender]  German university epitomizes educational hub vison
[Weekender] German university epitomizes educational hub vison

Friedrich-Alexander University of Erlangen-Nuremburg (FAU), the first German university to open a Korean campus, is expected to fuel the Busan-Jinhae Free …

Russian buildup seen as fighting rages on

MOSCOW (AP) ― Russia is resuming its military buildup along the Ukrainian border in an apparent attempt to intimidate its neighbor, NATO’s chief said …

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