Business
Afghanistan elections 2014: Abdullah Abdullah claims victory in presidential run-off
Abdullah Abdullah has claimed victory in the second round of Afghanistan’s presidential race, despite results giving a lead to his rival, Ashraf Ghani. Addressing supporters...
UberX price cut by 20% to match NYC’s yellow cab rate
Uber has temporarily cut the price of its cheapest service, UberX, by 20% to match the rate of New York City's yellow taxis. The move...
GM Settlement Claims Back On Again? Consult With An Attorney First
General Motors is regretting a bad settlement, again. From the Associated Press: “For more than a year, a lawsuit filed by Brooke Melton’s family has caused...
Germany to charge foreign drivers for using its roads
Germany is planning to tax the millions of foreign drivers who use its roads, including the famous autobahn highway, from 2016 onwards. Transport Minister Alexander...
Afghanistan elections 2014: Ashraf Ghani leads presidential race in early vote count
Ashraf Ghani is leading the Afghan presidential race, according to preliminary results. The former finance minister won 56.44% of votes cast in the June 14...
Angela Merkel begins three-day visit to China
German leader Angela Merkel has begun a three-day visit to China with trade issues high on the agenda. Germany and China are important trading partners...
Senegal elections 2014: PM Aminata Toure sacked after ruling party’s poor results
Senegal’s PM Aminata Toure has been sacked after her ruling party's poor results in local elections last Sunday. Local officials said President Macky Sall had...
Russia: State Duma passes law requiring internet companies to store citizens’ personal data inside country
Russia's State Duma (lower house of parliament) has passed a law requiring internet companies to store Russian citizens' personal data inside the country. The Kremlin...
Richard Mellon Scaife dies from cancer at 82
Billionaire Richard Mellon Scaife has died aged 82. Richard Mellon Scaife’s death comes less than two months after he had announced he had an untreatable...
Is Mitt Romney considering another try for presidency 2016?
According to a recent Quinnipiac University survey, 44% of Americans think the US "would be better off than it is today" if Mitt Romney...
GSK China scandal: Mass bribery allegations are credible
Allegations that GSK systematically bribed doctors in China are credible, says Peter Humphrey, an investigator hired by the pharmaceutical giant. Peter Humphrey was hired only...
Dow Jones Industrial Average tops 17,000 for first time
The Dow Jones Industrial Average has hit 17,000 for the first time. On July 3, investors pushed shares higher after a better-than-expected jobs report showed...
German parliament approves first national minimum wage
Germany has approved its first minimum wage, in a vote in the Bundestag on Thursday. The wage will be set at 8.50 euros ($11.50) per...
US employers added 288,000 jobs in June 2014
According to latest figures from the Bureau of Labor Statistics, the US economy added 288,000 jobs in June 2014. The unemployment rate dropped to 6.1%,...
Bombay Stock Exchange disrupted due to network outage
Bombay Stock Exchange (BSE) - India's main stock market - has resumed trading after being disrupted due to a network outage. Shares listed on the...
Nicolas Sarkozy released from custody and placed under formal investigation
Former French President Nicolas Sarkozy has been placed under formal investigation over alleged influence peddling. Nicolas Sarkozy, 59, appeared before a judge in Paris late...
Turkey elections 2014: Recep Tayyip Erdogan to run for presidency
Turkey’s PM Recep Tayyip Erdogan will run for president in the first direct election in August, his governing AK Party has confirmed. Recep Tayyip Erdogan...
BNP Paribas agrees to pay $9 billion settlement over US sanctions violations
BNP Paribas has agreed to a record $9 billion settlement with US prosecutors over allegations of sanctions violations. As part of the deal, France's largest...
GM recalls another 8.4 million cars over ignition switch defects
General Motors is recalling another 8.4 million cars, including 7.6 million in the US. The vehicles are mostly cars manufactured between 1997 and 2014 and...
L’Oreal agrees to settle case with FTC over Genifique deceptive advertising
French cosmetics company L'Oreal has agreed to settle a case with US Federal Trade Commission's Bureau of Consumer Protection over charges of deceptive advertising. A...
Rob Ford returns to work after two months into rehab
Toronto Mayor Rob Ford is back to work after spending two months into rehab for drug and alcohol abuse, which he described as life-saving. In...
Hillary Clinton criticizes Supreme Court decision in Hobby Lobby case
Hillary Clinton criticized the Supreme Court for ruling that an employer can refuse to provide women with contraception on religious grounds. Hillary Clinton said when...
Nicolas Sarkozy detained for questioning over influence claims
Former President Nicolas Sarkozy has been held in France for questioning over alleged influence peddling. The decision to detain Nicolas Sarkozy at Nanterre, near Paris,...
Supreme Court rules on Hobby Lobby birth control mandate
The US Supreme Court has ruled Christian-owned company Hobby Lobby can claim a religious exemption to a legal requirement that employers pay for their...
Xu Caihou: China’s top military official accused of accepting bribes
China’s top military official, General Xu Caihou, has been accused of accepting bribes and expelled from the Communist Party, state media report. Gen. Xu Caihou...
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