Business
Adidas finds “commercial irregularities” at its Reebok unit in India
Sportswear giant Adidas has reported "commercial irregularities" at its Reebok unit in India that could cost the firm up to 125 million Euros ($165 million). Adidas...
Barack Obama has held more re-election fundraisers than previous five Presidents combined
Barack Obama has already held more re-election fundraising events than every elected president since Richard Nixon combined, according to figures to be published in...
Australian mining magnate Clive Palmer will build Titanic II
Clive Palmer, an Australian mining billionaire, has commissioned a Chinese state-owned company to build a 21st Century version of the Titanic. Clive Palmer told Australian...
Barack Obama accused by GOP of using the killing of Osama bin Laden for his re-election campaign
President Barack Obama is accused by GOP of using the killing of Osama bin Laden as a political weapon for his re-election, after it...
Pizza Hut launches Crown Crust Burger, the first cheeseburger-ringed pizza
After launching the world's first hot dog-stuffed crust pizza, Pizza Hut is now revealing a pizza ringed with burgers smothered in cheese. None of these...
Chen Guangcheng’s relatives and associates detained or disappeared after his escape
New reports say Chinese authorities have begun to round up relatives and associates of blind activist Chen Guangcheng, who fled from house arrest last...
Nicolas Sarkozy rejects DSK’s claims that his party was behind former IMF chief’s downfall
President Nicolas Sarkozy has rejected claims by Dominique Strauss-Kahn that his party was behind former IMF chief's downfall. Nicolas Sarkozy told reporters DSK should keep...
White House Correspondents’ Dinner 2012: Barack Obama meets Lindsay Lohan and Kim Kardashian
President Barack Obama shared a meal with politicians, journalists and stars like Kim Kardashian and Lindsay Lohan at the 98th annual White House Correspondents'...
How Black-Scholes formula blew up the financial world
It has been longtime argued that one mathematical formula known as Black-Scholes, along with its descendants, helped to blow up the financial world. Black-Scholes was...
Bo Guagua, who denied extravagant lifestyle, was ticketed three times while driving Porsche on campus
Earlier this week, Bo Guagua, the son of fallen Chinese politician Bo Xilai, has been fighting claims of his playboy lifestyle and denied that...
Samsung overtakes Nokia to become the world’s largest mobile phones’ maker
According to research firm Strategy Analytics, Samsung Electronics has overtaken Nokia to become the world's largest maker of mobile phones. Nokia took the top spot...
Chen Guangcheng in US embassy in Beijing following his escape from house arrest
Blind Chinese dissident Chen Guangcheng is in the US embassy in Beijing following his dramatic escape from house arrest, said activist Hu Jia. Hu Jia...
Athena Hohenberg won $3M in class-action suit over Nutella’s misleading health claims
Athena Hohenberg's quest make Nutella pay for advertising their hazelnut spread as a “nutritious” part of a “healthy breakfast” has yielded millions in rewards. Ferrero...
Romanian government falls in no-confidence vote after 78 days
Romania's centre-right government led by PM Mihai Razvan Ungureanu lost a confidence vote today after 78 days of governing. The no-confidence bill was filed by...
KFC has to pay $8.3M to Monika Samaan, an Australian girl poisoned by a Twister wrap
KFC has been ordered to pay $8.3 million to the family of Monika Samaan, an Australian girl left severely brain damaged after being poisoned...
How Michelle Obama’s shopping trip to Spain cost taxpayers nearly $500,000
First Lady Michelle Obama's whirlwind tour of Spain in 2010 better have been a once in a lifetime trip, because her getaway cost taxpayers...
Standard & Poor’s cuts Spain’s credit rating to BBB+
Standard & Poor's has cut Spain's credit rating and warned of risks to come. S&P cut Spain two notches to BBB+, warning that the country...
Deutsche Bank reports fall in profits amid eurozone debt crisis
Deutsche Bank reports a sharp fall in profits, in part due to weaker performance in investment banking during the eurozone debt crisis. Net income for...
Li Xueming, Bo Xilai’s brother, quits the board of China Everbright International
Li Xueming, also known as Bo Xiyong, Bo Xilai’s elder brother, has quit the board of China Everbright International, a Hong Kong-listed company. Everbright said...
Bo Xilai spied on China’s president Hu Jintao
The New York Times has recently reported that Bo Xilai ran a wire-tapping system that extended as far as China's president Hu Jintao. Citing "nearly...
UK economy returns to recession after three years
The Office for National Statistics in UK has announced that the country’s economy has returned to recession, after shrinking by 0.2% in the first...
Newt Gingrich will quit presidential campaign next week
US media report that Republican presidential candidate Newt Gingrich is expected to suspend his campaign next week. Newt Gingrich said on Wednesday that he expected...
Mitt Romney wows to take the White House from Barack Obama
Mitt Romney, the presumptive Republican nominee for the presidential elections in US, has vowed to take the White House from President Barack Obama and...
Bo Guagua, the son of Chinese politician Bo Xilai, defends his lifestyle
Bo Guagua, the son of disgraced Chinese politician Bo Xilai, has defended his lifestyle in an open letter to his university. In the letter to...
Why do so many French people vote?
French turnout in the first round of the presidential election was more than 80%, one of the highest in the world. It's a measure of...
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