Business
Dell reports 79% fall in profits as more consumers shift to smartphones and tablets
Dell has reported a 79% slide in net profit, underlining a fall in personal computers sales as more consumers shift to smartphones and tablets. The...
Pope Francis condemns money cult in his first major speech on financial crisis
In his first major speech on the financial crisis, Pope Francis has called on world leaders to end the "cult of money" and to...
Steven T. Miller: Acting IRS commissioner resigns over targeting conservative groups for special scrutiny
Acting head of the US Internal Revenue Service (IRS) Steven T. Miller has quit after it emerged his staff singled out conservative groups for extra...
France enters its second recession in four years
France has entered its second recession in four years after the economy shrank by 0.2% in the first quarter of 2013, according to official...
Nikkei index passes 15,000 for first time since 2008
Japan’s shares have climbed past the 15,000 mark for the first time since January 2008, as the yen continues to weaken - boosting the...
France to introduce 1% sale tax on smartphones and tablets to fund culture
The French government is considering introducing a 1% tax on the sale of smartphones and tablets to help fund local film, music and images. The...
Cyprus receives first installment of 10 billion-euro bailout package
Cyprus has received the first installment of a 10 billion-euro bailout package from international creditors, which was agreed earlier this year. Cyprus received 2 billion...
Richard Branson works as stewardess after losing bet with AirAsia chief Tony Fernandes
Virgin boss Richard Branson was the brunt of a thousand jokes on Saturday night as he donned a skirt and a full face of...
Nawaz Sharif claims victory in Pakistani parliamentary elections
Former Pakistani Prime Minister Nawaz Sharif is celebrating with his supporters, amid early signs that his party will be the largest after parliamentary elections. Media...
Bulgaria votes in parliamentary elections
Parliamentary elections are under way in Bulgaria with opinion polls predicting no outright winner. Mass protests against low living standards and widespread corruption forced the...
Pakistan votes in the country’s first transition from one civilian government to another in its 66-year history
Pakistan votes in landmark national and provincial elections. The vote marks Pakistan's first transition from one civilian government to another in its 66-year history. However, the...
Silvio Berlusconi tax fraud conviction upheld by Milan court
Former Italian PM Silvio Berlusconi’s conviction for tax fraud has been upheld by an appeals court in Milan. The court also reinstated a four-year prison...
Imran Khan recovering in Lahore hospital with injuries to his head and spine
Former cricketer and leading Pakistani politician Imran Khan is recuperating in hospital after falling off a makeshift lift that was taking him onto a...
Imran Khan injured after falling on stage during Pakistani election rally in Lahore
Former cricketer and leading Pakistani politician Imran Khan has been injured after falling off a makeshift lift that was taking him onto a stage...
Greece makes progress on reducing its budget deficit, says IMF report
An International Monetary Fund (IMF) report has revealed today that debt-laden Greece has made progress in improving its finances, but the country must do...
Giulio Andreotti: Former Italian prime minister dies aged 94
Former Italian PM Giulio Andreotti, one of the most prominent political figures of post-war Italy, has died aged 94. Giulio Andreotti was prime minister seven...
Malaysia election: Barisan Nasional governing coalition wins polls extending its 56-year-long rule
Malaysia’s ruling National Front coalition has won a simple majority in the country's parliamentary election, extending its 56-year rule, with two-thirds of seats confirmed. PM...
Malaysia votes in most closely contested general election in country’s history
Malaysia is voting in what is widely expected to be the most closely contested general election in the country's history. PM Najib Razak's Barisan Nasional...
Michaela Biancofiore: Italian minister resigns after one day over homophobia accusations
Michaela Biancofiore, an Italian junior equal opportunities minister, has resigned the day after being sworn in to new coalition, having said gay people invited...
Portugal to cut 30,000 civil service jobs and to raise retirement age by one year to 66
Portugal plans to cut 30,000 civil service jobs and to raise the retirement age by one year to 66 as it tries to meet...
ECB cuts benchmark interest rate to new record low of 0.5% to boost eurozone economy
The European Central Bank (ECB) has decided to cut its benchmark interest rate to a new record low amid ongoing worries about the eurozone's...
Mountain Dew goat racist commercial developed by Tyler the Creator withdrawn
PepsiCo has decided to withdraw Mountain Dew goat commercial over criticism that it depicts racial stereotypes and makes light of violence against women. The online...
Fistfights in Venezuela’s parliament over disputed presidential election
Several opposition MP’s are reportedly being injured during a brawl that have broken out in Venezuela's parliament over the recent disputed presidential election. Several legislators were left bloodied and...
Venezuela election final result shows narrower victory for Nicolas Maduro
Venezuela's electoral council has amended the final result of the April 14 presidential election for Hugo Chavez’s successor after finishing counting votes cast abroad. The...
Alibaba buys 18% stake in Weibo for $586 million
China's biggest e-commerce group Alibaba has bought an 18% stake in Weibo, China's largest Twitter-like service, as it looks to tap into the fast-growing...
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