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Published:Wednesday | September 9, 2015 | 11:07 PMAP
Published:Wednesday | September 9, 2015 | 2:53 PMAP

Apple is taking a small step with its latest iPhone while trying to make a bigger leap in other key markets with its largest iPad yet and a long-awaited overhaul of its online video box for TVs. The trend-setting company unveiled its newest twists...

Published:Wednesday | September 9, 2015 | 1:33 PMAP

United Airlines abruptly replaced its CEO as a federal investigation continued into whether the airline gave preferential treatment to a former chairman of the agency that operates the New York-area airports who has political ties to New Jersey...

Published:Wednesday | September 9, 2015 | 12:00 AMAP

Beleaguered Brazilian President Dilma Rousseff has acknowledged that her government may have made some errors but is pledging it will get past them.In an address marking Brazil's Independence Day on Monday, Rousseff said that part of the South...

Published:Friday | August 28, 2015 | 12:00 AMAP

Puerto Rico's heavily indebted power company said Tuesday that it signed a contract to replace Brazilian oil giant Petrobras as the island's main fuel supplier in a bid to save money as a restructuring deadline looms. The Electric Power...

Published:Wednesday | August 26, 2015 | 10:24 AMAP

China's leaders are winding down a strategy of trying to push up slumping stock prices by spending billions of dollars to buy shares. After the Chinese market benchmark soared to a peak on June 12 and then reversed course and plunged 30 per...

Published:Tuesday | August 25, 2015 | 12:00 AMAP

US investors got a serious jolt Monday when the Dow Jones Industrial Average tumbled 1,000 points minutes after the market opened in a wave of selling that circled the globe after a historic plunge in Chinese stocks.Though the declines eased...

Published:Monday | August 24, 2015 | 6:22 PMAP

The price of US oil closed under US$40 a barrel on Monday for the first time since the days of the global economic crisis on fears of a slowdown in the world economy. Already trading at six-year lows on a prolonged slump, US crude fell US$2.21 to...

Published:Friday | August 21, 2015 | 6:38 PMAP

Growing concerns about a slowdown in China shook markets around the world on Friday, driving the US stock market to its biggest drop in nearly four years. The rout started in Asia and quickly spread to Europe, battering major markets in Germany and...

Published:Thursday | August 20, 2015 | 12:00 AMAP

Shares of the world's biggest oil companies are tumbling to multi-year lows on new data showing that United States crude inventories continue to rise at a time of year when they are typically in decline. Commercial inventories increased by 2.6...

Published:Tuesday | August 18, 2015 | 11:04 PMAP

UNITED KINGDOMLONDON, (AP):An independent commission is urging the Roman Catholic Church in Scotland to offer an unequivocal apology to victims of sex abuse.The inquiry was set up in 2013 following a series of scandals. Disgraced Cardinal Keith O'...

Published:Tuesday | August 18, 2015 | 12:00 AMAP

Two Citigroup Inc affiliates have agreed to pay US$179.5 million to resolve federal regulators' charges of misleading investors in hedge funds that later collapsed. The US Securities and Exchange Commission announced Monday the settlement with...

Published:Thursday | August 13, 2015 | 4:25 PMAP

China tried Thursday to ease fears of more big declines for the yuan as companies from global automakers to Chinese clothing exporters faced a new era of uncertain exchange rates. There is "no basis for persistent and substantial devaluation,...

Published:Thursday | August 13, 2015 | 12:00 AMAP

China's yuan fell further Wednesday, fuelling concern about a possible "currency war" if other governments fight back with their own devaluations to compete in export markets.Shock waves from Tuesday's 1.9 per cent devaluation against the US dollar...

Published:Wednesday | August 12, 2015 | 11:04 PMAP
Published:Monday | August 10, 2015 | 8:07 PMAP

One of tech's biggest names, Google, is reorganising under a new moniker — Alphabet — in a move underscoring its founders' ambitions to pursue ventures far beyond the company's Internet search core, from self-driving cars to...

Published:Thursday | August 6, 2015 | 12:00 AMAP

Egypt is to unveil a major extension of the Suez Canal today, Thursday, a megaproject that has emerged as a cornerstone of President Abdel-Fattah el-Sissi's efforts to restore national pride and revive the economy after years of unrest.The 1869...

Published:Wednesday | August 5, 2015 | 11:04 PMAP
Published:Monday | August 3, 2015 | 3:41 PMAP

The government of Puerto Rico has confirmed that it failed to make a US$58 million debt payment that was due Saturday, a significant escalation of the debt crisis facing the United States island territory. Puerto Rican officials had warned on...

Published:Monday | August 3, 2015 | 3:31 PMAP

Greece's top companies lost billions in market value in a matter of minutes on Monday, when the stock exchange plunged upon reopening after a five-week closure and investors worried over a dramatic new drop in the economy. The main stock index...

Published:Wednesday | July 29, 2015 | 3:35 PMAP

The United States Federal Reserve appears on track to raise interest rates later this year but signalled Wednesday that it wants to see further economic gains and higher inflation before doing so. A statement from the Fed after its latest policy...

Published:Friday | July 24, 2015 | 12:00 AMAP

Puerto Rico's power company on Thursday rejected a new proposal from bondholders that calls for an US$8.1 billion debt exchange amid growing concerns the public agency could be the first one in the United States territory to go bankrupt. The...

Published:Wednesday | July 22, 2015 | 11:09 PMAP

Fiat Chrysler said Wednesday that it has a software fix that will prevent future hacking into the Jeep Cherokee and other vehicles.The fix is a response to a recent article in Wired magazine about two well-known hackers, Charlie Miller and Chris...

Published:Tuesday | July 21, 2015 | 12:00 AMAP

Federal regulators are directing the eight biggest US banks to hold capital at levels above industry requirements to cushion against unexpected losses and reduce the chances of future taxpayer bailouts. The US Federal Reserve's action Monday...

Published:Tuesday | July 21, 2015 | 12:00 AMAP

PayPal shares jumped in its first day as a separate and publicly traded company as the firm outlined plans to capitalise on the rise of mobile payments and the growing digitisation of money. The payments system company officially split with eBay...

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