Business
Target sued by 11 customers over credit card security breach
Target is being sued by at least 11 customers over a credit card security breach that saw details of more than 40 million cards...
Apple and China Mobile sign major iPhone deal
Apple has signed a deal to bring its iPhone to China Mobile - the world's largest carrier. China Mobile has more than 760 million subscribers...
Edgar Bronfman Sr. dies in New York at 84
Billionaire Edgar Miles Bronfman Sr., who lobbied the Soviets to allow Jews to emigrate and helped spearhead the search for hidden Nazi loot, died...
Target data breach: Chase limits debit card use for customers at risk
JPMorgan Chase customers will be limited to $100 in cash withdrawals and $300 in total purchases per day if they used Chase debit cards...
Mexico: President Enrique Pena Nieto signs oil and gas law
Mexico’s President Enrique Pena Nieto has signed a controversial law that allows foreign companies to drill for oil for the first time since the...
Target hit by massive data breach after Black Friday
Target has confirmed it was hit by a major data breach involving 40 million of shoppers' credit and debit card information. Customers who visited any of...
Cuba relaxes conditions on buying foreign-made cars
Cuba has decided to ease restrictions on people buying foreign-made new and used cars, according to state media. Cubans will no longer need government permits...
World stock markets rise after Fed stimulus trim announcement
Global stock markets rallied after the US Federal Reserve's commitment to keep interest rates low offset its decision to taper its stimulus programme. Germany's Dax...
Russia cuts gas price for Ukraine
Russia has decided to cut the price of the gas supplied to Ukraine from more than $400 (291 euros) per 1,000 cubic metres to...
Angela Merkel confirmed as Germany’s chancellor for third term
German parliament (Bundestag) has confirmed Angela Merkel as the country’s chancellor for a third term, at the head of a grand coalition. The coalition between...
Sebastian Kurz becomes Europe’s youngest foreign minister at 27
Sebastian Kurz has become Europe's youngest foreign minister, after Austria swore in its new coalition government. Sebastian Kurz, 27, was one of 12 ministers confirmed...
Michelle Bachelet wins Chile presidential election for second time
Michelle Bachelet has won Chilean presidential election for a second time, defeating her run-off rival Evelyn Matthei by a wide margin. With nearly 90% of...
Chile elections 2013: Michelle Bachelet favorite in presidential run-off
Left-wing candidate Michelle Bachelet appears as the favorite in the presidential run-off in Chile. She faces Evelyn Matthei, a former minister in the governing centre-right...
Boeing 737 MAX replaces Air Canada’s Airbus fleet
Air Canada has ordered 61 Boeing 737 MAX planes worth $6.5 billion at list prices, a big win for the aircraft maker over its...
US Congress budget committee reaches agreement to fund federal services
The US Congress budget committee has reached an agreement to fund federal services, after October government shutdown. The proposed deal finances the government for two...
Mary Barra becomes first female CEO in US car industry
General Motors has promoted product development chief Mary Barra to the post of CEO. Mary Barra replaces Daniel Akerson, and is the first woman to...
Starbucks limited edition metal gift cards resold on eBay for thousands
This year’s Starbucks limited-edition metal gift cards sold out in mere seconds, leaving a lot of devotees feeling frustrated. For the second year in a...
Venezuela local elections 2013: Nicolas Maduro’s socialist party ahead in polls
According to Venezuela’s National Electoral Council, the governing United Socialist Party (USP) has won the greatest share of the vote in Sunday's local elections. With...
Yingluck Shinawatra to dissolve Thai parliament after opposition resignation
Thailand’s PM Yingluck Shinawatra has announced she will dissolve parliament and call an election, after sustained protests in the capital, Bangkok. The move followed the...
WTO Ministerial Conference 2013: $1 trillion global trade agreement after Bali talks
Ministers from 159 countries attending the 9th World Trade Organization Ministerial Conference in Bali, Indonesia, have reached a deal intended to boost global trade. The...
Starbucks offers only 1,000 metal debit cards in 2013
Starbucks brings back the $450 limited-edition gift cards that brought on such an unexplainable frenzy last year, but in an even more limited capacity. Last...
Bundesbank raises Germany’s economic growth forecasts
The Bundesbank has raised its forecasts for Germany’s economic growth from 0.3% to 0.5% for 2013 and from 1.5% to 1.7% for 2014. "The German...
US unemployment rate to five-year low of 7% in November 2013
The US Labor Department has announced the unemployment rate fell to a five-year low of 7% in November. Payroll figures also showed that 203,000 jobs...
Qantas credit rating downgraded to junk status by S&P
Standard & Poor's has cut Qantas airline credit rating to “junk”. The downgrade could increase the Australian airline's borrowing costs and sends a warning to...
Barack Obama: US must fix income inequality and lack of social mobility
President Barack Obama has said the US must fix what he described as profound income inequality and a lack of social mobility. He called for...
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