Paccar Inc., the maker of heavy-duty commercial truck brands Kenworth and Peterbilt, reported fourth-quarter earnings had risen 32%, driven largely by a 42% sales increase in Europe.
Brazilian state-run energy giant Petrobras said that domestic crude oil production in 2013 fell short of the company's target as output at mature fields declined and new offshore platforms were delayed.
U.S. stocks opened sharply lower, with blue chips heading for the worst monthly point decline in at least 1 1/2 years, after mixed personal-income and consumer-spending data.
Emerging-market currencies remained under pressure after quiet start to the session, while a return to record-low inflation in the euro area dented the common currency.
MasterCard posted higher fourth-quarter profit, but the bottom line missed Wall Street estimates, largely driven by a jump in payments it makes to clients for agreement renewals and meeting volume goals.
The Securities and Exchange Commission approved the merger of BATS Global Markets and Direct Edge Holdings, and the deal is expected to close within the next few days.
Popular Chinese bitcoin exchange BTC China has restored a facility allowing customers to purchase bitcoin by depositing yuan into the exchange's corporate bank account.
Big banks are beginning to loosen their tight grip on lending, creating a new opening for consumer and business borrowing that could underpin a brightening economic outlook.
An expert witness testifying on behalf of Mathew Martoma told jurors Thursday that allegedly confidential information was actually public before he received it.
The United Kingdom and France will announce new joint defense deals, including a missile purchase and feasibility study for production of an unmanned combat aircraft, at an Anglo-French summit Friday.
Annual inflation rate falls to a record low in January, a development that will increase pressure on the ECB to act more decisively to head off the threat of falling prices.
Most Eastern European countries don't have the economic weaknesses that triggered a global crisis in 1997, the European Bank for Reconstruction and Development's deputy chief economist said.
Chevron's fourth-quarter profit fell 32% as the energy giant reported lower global reduction and weaker refined products margins. Revenue missed expectations by nearly $9 billion.
The Obama Administration plans to release an environmental impact report on the Keystone XL oil pipeline proposal, which would link Canada with the U.S. Gulf Coast.
Cooper Tire should be able to resume filing financial reports, having reached an agreement with China's Chengshan Group and a labor union to resolve issues at their joint venture.
Aon PLC reported a 16% rise in fourth-quarter profits, driven in large part by improvements in its human-resources business, as it slightly beat Street estimates.
The Sellafield nuclear reprocessing facility in Cumbria northwest England is partly closed following the detection of "elevated levels" of radioactivity.
Vedanta reported higher profit for its fiscal third quarter, driven by its oil, aluminum, and copper divisions, which more than offset lower profit from its international zinc operations.
Telecom company BT Group raised its yearly earnings guidance as it reported a better-than-expected rise in second-quarter net profit, boosted by its emerging-market operations and broadband demand.
Swedish domestic appliances maker expects demand to pick up in Europe this year, after it reported a loss for the fourth quarter and posted lower-than-expected revenue.
Spain's third-largest bank by market value Caixabank said that fourth-quarter net profit fell sharply as net interest income slipped and bad loans grew.
After this week's disclosure that it is on the shopping list of its main competitor—Myer Holdings--upmarket high-street retailer David Jones is again under pressure to adapt to a changing world.
Japanese drug maker Daiichi Sankyo says it will take further action to improve quality control at its Ranbaxy unit, following a U.S. ban on ingredients made at a Ranbaxy plant in India.
Men's Wearhouse asked Jos. A. Bank's independent directors to reconsider the company's takeover offer and said it could increase that offer if due diligence uncovers value.
JetBlue Airways won 12 slot pairs at congested Reagan Airport, spaces which had been divested by the new American Airlines Group as part of its antritrust deal with Justice Department.
Weatherford International Ltd. says it will cut 7,000 jobs -- more than 10 percent of its total workforce -- in a move aimed at reducing its cost structure, and its 2014 guidance misses expectations.
Reid said he opposed legislation aimed at smoothing the passage of free-trade agreements, breaking with the White House and imperiling two major trade deals.
Lawyers for Amanda Knox delivered their closing arguments in the retrial of the Seattle native and her Italian former boyfriend who have been accused of killing a British student in 2007.
Colombia's finance minister said that while the Federal Reserve's decision to further reduce its bond buying hurts many emerging-market nations, his country won't be much affected because it has a strong economy with safeguards in place.
With its proposed $2.91 billion purchase of Google's unprofitable Motorola handset business, Lenovo is making a risky bet that it can replicate its success in the PC sector with smartphones.
Russia's counterterrorism agency has arrested two brothers suspected of assisting the suicide bombers who struck the southern city of Volgograd in late December.
Libya's sovereign-investment fund sued Goldman Sachs Group Inc. in London's High Court, alleging the bank exerted "undue influence" over the fund's managers to saddle the fund with losing trades.
Australian department store owner David Jones said it rejected a merger proposal from Myer Holdings late last year, adding it wasn't currently in discussions with its larger rival.
Declining credit to the private sector, for years a drag on the euro-zone economy, may have bottomed out, according to a survey of bank lending from the European Central Bank.
The Danish center-left government could be heading toward collapse after the departure of one of three members of the minority coalition over a dispute on plans for the country to reduce its stake in Dong Energy A/S and sell a share to U.S.-based Goldman Sachs Group Inc.
Time Warner Cable said its fourth-quarter profit rose and beat analysts' estimates as the cable operator benefited from business and data operations that helped outweigh a loss of video subscribers.
Northrop Grumman reported a 10% drop in profit but forecast higher margins this year. Raytheon, meanwhile, posted forecast-beating earnings for the fourth quarter, though its full-year guidance fell short of expectations.
Beazer Homes USA said its fiscal first-quarter loss narrowed as the home builder posted higher average sales prices on home closings and a lower cancellation rate.
The world's second-biggest steelmaker, Japan's Nippon Steel & Sumitomo Metal, said net profit for the fiscal third quarter more than tripled, as government economic policies stoked demand.
Givaudan posted a better-than-expected increase of nearly 20% in full-year earnings, as stable prices for the raw materials used to make perfumes and food flavorings helped it take advantage on bigger orders.
A New York Times reporter left China on Thursday after authorities denied him a resident visa, in the latest setback for the newspaper following reports about the wealth amassed by a Chinese leader's family.
Spain's economic recovery picked up the pace in the fourth quarter, with the country posting its second positive quarterly gross domestic product reading after a two-year recession.
The pharmaceutical company raised its sales and operating profit guidance for 2014, as it posted a smaller than expected rise in fourth quarter net profit.
Australia's government refused an aid package for the country's last remaining fruit cannery, in a signal that struggling industries can no longer rely on taxpayer support.
Shell said it would abandon drilling in the U.S. Arctic, as it reported a 71% decline in fourth-quarter profit largely because of rising costs and lower oil and gas volumes.
The British drinks group said strong demand for premium spirits in North America and a better performance in Western Europe helped it post better half-year profit.
The Swedish wireless network company swung back to profit, helped by a large patent-related payout from Samsung, but North American sales fell and net profit was well below analyst forecasts.
German chip maker Infineon said revenue and earnings rose more than expected in the first quarter, and it reaffirmed its outlook, backed by a positive view on the global economy.
Nomura Holdings Inc. said that its net profit in the October to December period rose 27% from the previous quarter, boosted by a one-time valuation gain from its listing of Ashikaga Holdings Co.
Antigovernment protesters marched in Bangkok to campaign against the nationwide election on Sunday as Thai authorities prepared to tighten security to prevent disruptions to the poll.
Investors in Australia's Treasury Wine Estates are used to bad news. But comments from the world's No. 2 winemaker must have disappointed even the most optimistic.
The world's largest container-shipping company is deploying refrigerated boxes on ships in the hopes of tapping the $14-billion, cut-flower transport trade.
Israel-backed Chinese car maker Qoros Automative, which has ambitions to enter the European auto market, doesn't expect to make a profit soon, a senior executive said.
In testimony before a Senate committee, Attorney General Eric Holder confirms that the Justice Department is investigating the data breach of Target shoppers, the first government confirmation of the probe.
Traders and Indian farmers alike are reaping an unlikely windfall from unrest in Syria: a booming cumin market. Indian farmers' profitable decision to fill the gap left by the Syria conflict has sparked interest among investors.
Worries about emerging markets rattled investors anew, causing fresh declines in the currencies of Turkey and South Africa and pushing the U.S. stock market lower.
Researchers have transformed specialized cells into an embryonic-like state simply by stressing them out a bit—an unexpected finding that may offer an easier route for treating diseases with patient-specific stem cells.
An independent Scotland would have to give up some control of finances to enter a stable and prosperous currency union with the U.K., BOE Governor Mark Carney said.
German Chancellor Angela Merkel outlined the challenges for her next term in office, ranging from the euro zone's financial crisis to the country's relationship with the U.S. in the wake of the NSA spying scandal.
Czech President Milos Zeman appoints a new center-left, three-party government, ending arduous and lengthy coalition-building talks after the country's parliamentary election at the end of October.
The Hong Kong government said it will impose sanctions against the Philippines over its refusal to apologize for the handling of a 2010 Manila hostage crisis.
Southern Co. said its fourth-quarter earnings rose 8.1% as the electric-power company benefited from better weather patterns and an increase in industrial and residential energy sales.
Sweden's Scania plans to cut production volumes during the first quarter to adapt to lower order bookings, but the commercial vehicle maker said it sees good growth opportunities in the longer term.
EMC's earnings grew 17% as the data-storage provider benefited from strong growth in its emerging-storage business, but the company forecast 2014 results below market expectations.
Tupperware Brands said its fourth-quarter earnings rose 20% as sales improved in emerging markets, offsetting weakness in established areas, but the company offered an outlook below consensus estimates.
Turkey's central bank took a big step to boost its credibility and halt the collapse of its currency, but its super-sized interest-rate rise overnight can't cure all of its stresses, nor those of its emerging-market peers, investors say.
Turkey's central bank took a big step to boost its credibility and halt the collapse of its currency, but its super-sized interest-rate rise overnight can't cure all of its stresses, nor those of its emerging-market peers, investors say.
Fiat won't pay a dividend this year to save cash after the Italian auto maker's $4.35 billion purchase of the shares it didn't already own in Chrysler.
The Chinese e-commerce giant recorded a net profit of $792 million in the third quarter, though revenue growth slowed to 51% as the company gears up for a possible initial public offering.
Tony Abbott's government said it has joined Toyota in legal action against unions over new leave and shift conditions at the country's last remaining car plant.
Nintendo Co. racked up a nine-month operating loss on dismal sales of its flagship Wii U videogame console, as it faces mounting pressure to reveal a new strategy amid a sea change in the industry.
One year after taking a stance against advertising during the Super Bowl, GM will return to the marketing blitz with two new spots touting its Chevrolet brand.
Royal Dutch Shell said it was selling its 23% interest in the Parque das Conchas project offshore Brazil to Qatar Petroleum International for $1 billion.
Chinese vacationers taking advantage of the weeklong Lunar New Year holiday to go abroad are avoiding Bangkok and nearby cities amid mounting political instability in the capital.
Consumer sentiment in Germany unexpectedly rose to a six-year high, raising hopes that stronger domestic demand will lift Europe's largest economy and propel the euro zone to faster growth.
Chevron, Exxon and Shell spent more than $120 billion in 2013 to boost their oil and gas output. But the three oil giants have little to show for all their big spending.
Bitcoin backers defended the fledgling digital currency at a hearing in New York, one day after prosecutors announced money-laundering charges against prominent bitcoin businessman Charlie Shrem.
An American regulator has fined a U.S. unit of Mexico's Grupo Financiero Banorte $475,000 for failures in its anti-money-laundering procedures, which it said allowed suspicious transactions to go unreported.
Former Barnes & Noble CEO William Lynch was appointed chief executive of Savant Systems, a closely held home-technology company that uses the Web to manage entertainment devices, security, energy and appliances.
Bank branch closures in the U.S. last year hit the highest level on record so far, a sign that sweeping technological advances in mobile and electronic banking are paying off for lenders but leaving some customers behind.
Russia faces more risks of slow growth than of high inflation, even despite a sharp weakening of the ruble, the country's economy minister said Tuesday.
via WSJ.com: World News http://online.wsj.com/article/SB10001424052702303553204579348840244018498.html?mod=fox_australian
Bank branch closures in the U.S. last year hit the highest level on record so far, a sign that sweeping technological advances in mobile and electronic banking are paying off for lenders but leaving some customers behind.
In the past few months, about a dozen companies have announced new ventures related to online news, often in specialized areas such as media or technology, creating a crowded field.
Driven by firm North American, European and Asian operations, Ford Motor's fourth-quarter net income rose 90% to $3.04 billion, or 74-cents a share, though there were new struggles in South America.
China is one of the fastest growing smartphone markets and several homegrown brands, such as Oppo and Coolpad, are seeking to challenge Apple and Samsung's duopoly.
Abercrombie & Fitch stripped CEO Michael Jeffries of his title of chairman and named three new members to its board, steps aimed at improving governance.
Vodafone Group of the U.K. and Liberty Global of the U.S. have separately approached Spanish cable company Ono about potentially acquiring the company, a person familiar with the situation said.
A former U.K. tabloid reporter said he played a recording of a voice mail he illegally intercepted from actor Daniel Craig's phone for his editor, Andy Coulson.
Airbnb will soon start adding new services to its home-rental business, founder and CEO Brian Chesky said during an interview. Chesky also said that an initial public offering was not in the works for 2014.
Japanese auto maker said it would invest $485 million to construct a new passenger car plant that would supply vehicles to its Maruti Suzuki venture beginning in 2017.
President Obama plans to act unilaterally to raise the minimum wage for employees of federal contractors, asserting his executive powers before the State of the Union.
The maker of snowmobiles, off-road vehicles and motorcycles estimated slower-than-expected earnings and revenue growth for the just-started year, pressuring its shares in midday trading Tuesday.
Comcast's fourth-quarter profit grew 26% as the cable operator added video customers after years of declines and reported sales growth across almost all major segments.
Google announced a deal with vision-care giant VSP Global to offer prescription lenses and subsidized frames for Google Glass, its computer-powered glasses.
Energen may sell its Alabama natural-gas utility as it looks to refocus its operations on its core oil-and-gas-extraction business, according to people familiar with the matter.
IKEA expects its superstores to be the lifeblood of its growth plan, even as visits to ikea.com increased nearly 20% in fiscal year 2013 while visits to physical stores modestly declined.
Danaher's fourth-quarter profit grew 25%, helped by sales growth across its segments, though its first-quarter profit forecast was below analysts' expectations.
Turkey's central bank governor gave a strong signal that it would significantly tighten policy to stop a month-long plunge in the lira at an extraordinary policy meeting billed as a test case for under-pressure emerging markets.
Egypt's first freely elected president faced the death penalty in a politically freighted trial in which he is accused of colluding with foreign powers in a prison escape.
Ukrainian President Viktor Yanukovych accepted the resignation of the prime minister on the same day the country's Parliament abolished antidissent legislation passed earlier this month.
European Union finance ministers agreed to place Croatia in its excessive deficit process, requiring the EU's newest member to set out how it will reduce its deficit to 3% of gross domestic product by 2016.
Two business-friendly South African opposition parties have joined forces, clarifying the ideological choice facing voters disenchanted with the ruling African National Congress in elections this year.
Four people were killed and five injured when a dump truck slammed into a pedestrian bridge, knocking the elevated walkway into rush-hour traffic and shutting down one of Rio's busiest expressways.
European finance ministers signaled they were flexible on the exact design of a common mechanism for rescuing troubled banks but urged the European Parliament to start "serious negotiations" soon.
An ex-general who led international troops into East Timor to quell bloodshed after the country's vote for independence from Indonesia will become Australia's next Governor-General.
The business of filling stock orders has grown increasingly complex, a factor some on Wall Street link to trading glitches of recent years and one that is partly due to rules called Regulation NMS.
A hedge fund is pressing for a breakup at Cliffs Natural Resources, a mining company with the worst-performing stock in the S&P 500 index over the past year.
Auto maker last year exported more vehicles from its U.S. factories than it imported from Japan for the first time since it began production here in 1982.
Film director Quentin Tarantino sued online publisher Gawker Media and the website AnonFiles.com for more than $1 million over the posting of an unproduced screenplay he wrote and Web links to it.
Legg Mason agreed to pay more than $21 million to settle allegations that its unit concealed investor losses stemming from a coding error and engaged in illegal cross trading that favored some clients over others.
Southwest Airlines began selling tickets for the first international flights to be operated under its own brand. The airline will launch service to Aruba; Nassau, Bahamas; and Montego Bay, Jamaica on July 1.
Spur-clad cowboys—some grizzled and some greenhorn—are nearing the end of a six-month journey driving 18,000 cattle across more than 1,200 miles of Australian countryside.
Turkey's central bank, beset by political instability, tumbling confidence and one of the world's fastest falling currencies, will convene an emergency meeting Tuesday.
An al-Shabaab member said Ahmed Abdikadir Amo Iskudhuuq, a Somali national, was a senior al-Shabaab militant who monitored aid workers and recruited foreign fighters.
Two men are charged with scheming to sell more than $1 million in Bitcoins to members of Silk Road, an underground website used to traffic illegal drugs, the Manhattan U.S. Attorney's office said.
The Bank of Israel has left its key interest rate at 1% for February despite calls by export and industrial lobby groups for a cut in interest rates to weaken the shekel.
Uganda permitted to increase its debt ceiling on non-concessional borrowing to allow the funding of hydroelectric projects aimed at addressing power shortages.
Millennial Media said Paul Palmieri--its co-founder, chief executive and chairman--resigned, and the mobile-ad company named former Yahoo executive Michael Barrett as his replacement as CEO.
Caterpillar said its fourth-quarter earnings rose 44% as the heavy-equipment maker cut costs to help offset a continuing decline in mining-machinery revenue.
Workers at a Ranbaxy drug plant repeatedly fudged test results to make it appear that raw materials and active pharmaceutical ingredients met required standards, according to FDA inspectors.
Royal Caribbean Cruises Ltd. said its fourth-quarter revenue rose 2.7% as the cruise operator's ticket revenue outperformed expectations thanks to "strong close-in demand."
Iran and global powers will hold talks aimed at curbing Tehran's nuclear program in New York in mid-February, Western and Iranian officials said Monday
The timber and real estate investment trust said it will spin off its performance fibers business from its forest resources and real estate businesses, which have different markets, needs and growth opportunities.
Norway's Marine Harvest is looking to rally U.S. investors over the sector's role in meeting the world's growing need for food through fish production.
American Electric Power Co. said its fourth-quarter earnings soared as growth in most of its utility operations and benefits from rate decisions offset customer losses after divesting its Ohio business.
Pfizer Inc.'s treatment for advanced nonsmall cell lung cancer didn't meet goals in two Phase III studies. Both trials evaluated the therapy, called dacomitinib, in populations of previously treated patients.
Technology-focused hedge fund Tiger Global Management will invest as much as $500 million in B2W Companhia Digital, Brazil's largest online retailer by revenue.
The Turkish lira rebounded strongly after the central bank said it would schedule an extraordinary policy meeting Tuesday to evaluate recent developments and take necessary measures to ensure price stability.
Rémy Cointreau has appointed Eric Vallat, a former top executive at luxury conglomerate LVMH, as the new chief executive of its cognac brand, Rémy Martin.
LG Electronics said its net loss for the fourth quarter narrowed significantly, although its mobile unit was mired in losses, hit by hefty marketing costs and price competition.
Samsung Electronics and Google signed a broad cross-licensing deal on technology patents, strengthening an alliance as they try to fend off competition from rivals such as Apple.
China Credit Trust Co. said it would restructure the loan behind a 3 billion yuan ($496 million) investment product that is being closely watched for signs of weakness in China's shadow banking sector.
ESPN sees its WatchESPN app as a way to cash in on growing demand for viewing sports online but is trying to avoid doing anything that might encourage more pay-television customers to "cut the cord."
YRC Worldwide received approval from its union employees to extend their contract, a victory that clears the way for a refinancing critical to stabilizing the company.
The emerging-world tumult that rattled global markets last week is prompting investors to take a fresh look at their portfolios. But so far few are responding to the shakeout by seeking shelter in U.S. stocks
The opening of a pipeline to ease a supply bottleneck at a key storage hub has boosted U.S. oil prices, but analysts say the rally is likely to be temporary.
In today's pictures, a man smokes in a cave in Myanmar, thousands of people gather to board trains in Bangladesh, a health worker administers a polio vaccination in Afghanistan, and more.
Antigovernment protests intensified on Sunday, posing the most serious threat to President Viktor Yanukovych's rule since demonstrations began here more than two months ago, a day after he offered his first significant concessions.
Syria's government offered to let women and children leave the besieged city of Homs during peace talks here, but opposition delegates dismissed the move as a ruse to force residents to leave rebel bastions or face starvation.
A U.S. military missile strike in a remote portion of southern Somalia on Sunday appears to have killed a senior member of an al Qaeda-aligned militant group, U.S. officials said.
The Outlook: The euro zone's weak inflation is making it difficult for "peripheral" countries such as Spain and Italy to cut debt and become more competitive internationally.
The leaders of Argentina and Venezuela were set to attend a conference in Cuba to debate Puerto Rican independence on Tuesday, as their countries faced their most acute economic crises in a decade.
As the upstart anti-euro party Alternative for Germany prepares its first bid for European Parliament, it is benefiting from younger Germans' more distant view of European history.
An Austrian natural-history museum with artifacts once collected by a Nazi unit akin to the one portrayed in "Raiders of the Lost Ark" has begun returning looted pieces to their proper owners.
With Super Bowl ads costing about $4 million for 30 seconds, and more than 50 spots competing for attention in the Feb. 2 broadcast, marketers are enlisting promotional gimmicks to ensure the audience pays attention. Yes, ads to advertise an ad.
In a pre-Grammy tradition, several dozen artist managers, technologists and record-label executives met for breakfast at a private club on the Sunset Strip to discuss an urgent matter: how to make more money.
Coke's disclosure Friday that employees' personal data on company laptops was compromised because it wasn't encrypted is less unusual than many realize.
Best-picture Oscar nominees "Dallas Buyers Club" and "Nebraska" expanded to their widest releases since opening in November. The rest of the weekend box-office rankings were nearly unchanged from a week earlier.
An Indian Supreme Court hearing on whether the local unit of Google is liable for allegedly defamatory comments posted on its blogging site will help decide how Internet companies do business in the growing south Asian market.
One person was killed and several injured amid clashes between rival political factions in Bangkok as antigovernment protesters blockaded polling stations, disrupting advance voting for Feb. 2's national elections.
Venezuelan President Nicolás Maduro says he will take up the cause of Puerto Rican independence at the summit of Community of Latin American and Caribbean States in Havana on Tuesday.
Japan's trade deficit doubled in December, extending its run of shortfalls to a record 18th month, as the positive impact of a weaker yen on exports was again outweighed by its negative influence on imports.
François Hollande's decision to end his relationship with his longtime girlfriend has capped two weeks of intense speculation about his private life ahead of key international commitments, including a state visit to the U.S.
Japan's prime minister and India's president sat side-by-side on the reviewing stand as India celebrated Republic Day with a parade designed to display military strength.
Tunisia's National Constitutional Assembly approved the country's landmark post-revolutionary constitution its members have spent the last two years writing by 200 out of 216 votes.
Presidential elections will be held before a parliamentary vote, Egypt's government said, raising concerns that the country's next leader will have near unfettered legislative powers.
Serbia appeared to be heading for its second parliamentary election in less than two years after the largest party in the coalition government backed a snap poll.
China sentenced a prominent political activist to four years in prison and accused an academic from northwest China's Uighur ethnic minority of taking part in separatist activities, in a sign of the new Chinese leadership's intolerance of even moderate dissent.
The Philippines is reeling from a barrage of massive natural disasters—three in as many months—that have tested the ability of government responders and aid agencies to help millions of displaced people across the country's central and southern regions.
Cambodian security forces clashed with hundreds of workers and opposition supporters who took to the streets in defiance of a ban on protests in the capital, leaving at least 10 people injured.
A Taliban suicide bomber killed four people in Kabul on Sunday, in the latest attack to strike the capital city as Afghan President Hamid Karzai intensified the rift with the country's Western allies.
Even as they welcome signs of modest economic growth across the euro zone, senior economic policy makers admit the bloc's governments have unfinished business that makes the recovery fragile.
Advertisers are following eyeballs to the Web, and to smartphones. That will help the financial results of Google and Facebook this week, but Yahoo may test whether the rising tide will lift all boats.
The disclosure echoed recent acknowledgments by Target Corp. and Neiman Marcus Group that they had suffered data breaches that compromised customers' card information.
The FAA is ordering safety inspecitions on more than 400 Boeing 767s, citing hazards that could jam and potentially cause some pilots to lose control of the aircraft.
A controversial preclearance customs post has opened in Abu Dhabi that allows Etihad Airways passengers to effectively touch down on U.S. soil before boarding the plane.
Hon Hai Precision Industry, which assembles gadgets for Apple and other global technology firms, is evaluating a plan to build an advanced display manufacturing plant in the U.S., its chairman said.
The auto maker is working to certify dealers and independent repair shops to perform body work on its new and largely aluminum F-150 pickup ahead of the truck's launch later this year, executives said Sunday.
A Beijing court sentenced one of China's most prominent rule-of-law advocates to four years in prison on Sunday, bringing to a close the most closely watched trial of a Chinese dissident in years.
Police in China's northwestern region of Xinjiang have accused an academic from the region's Uighur ethnic minority, who was recently detained in Beijing, of taking part in separatist activities.
Taiwan's Hon Hai, the world's largest contract manufacturer of electronics, aims to more than double its annual revenue to $330 billion over the next decade as the company steps up its effort to diversify beyond low-margin manufacturing.
Antigovernment protesters blockaded voting centers around Bangkok and in parts of southern Thailand on Sunday, disrupting advance voting in contentious national elections scheduled for Feb. 2.
Small groups of Brazilians took to the streets around the country to complain about the high cost of hosting the soccer World Cup, with a march in São Paulo turning violent.
Used car prices, which grew sharply following the recession, are expected to decline slightly this year in the U.S. as more consumers turn in cars from leases and supplies of older models become more readily available.
Pavel Durov, the founder of VKontakte, Russia's largest social network, said he has sold his stake in the company to a partner of Russia's richest man Alisher Usmanov.
French President Francois Hollande said Saturday he was separating from his partner of eight years, Valerie Trierweiler, two weeks after a tabloid magazine alleged he was having a relationship with an actress.
Traders and Indian farmers alike are reaping an unlikely windfall from unrest in Syria: a booming cumin market. Indian farmers' profitable decision to fill the gap left by the Syria conflict has sparked interest among investors.
Syrian opposition and government negotiators met for the first time ever in face-to-face talks, but at the last minute Damascus withdrew its chief delegate.
Ukraine President Viktor Yanukovych has offered concessions to opposition leaders, including dismissing his government, aides said, in a bid to end two months of antigovernment protests.
The government and the country's largest Muslim rebel group signed a security agreement that paves the way for a comprehensive peace accord in Mindanao, the resource-rich southern region marred by separatist conflict for decades.
Fiat's chief executive is set next week to propose to the board a U.K. fiscal residency for the new group being created by the Italian auto maker, and listing it on a New York exchange, according to people familiar with the plans.
Police in the restive western Chinese region of Xinjiang killed six people who attacked them with explosive devices, according to official media, while another six died in explosions during the incident.
Upcoming European bank stress tests will lack credibility unless some banks are found to have problems, said Dutch finance minister Jeroen Dijsselbloem.
Care.com's Sheila Lirio Marcelo joined a small club when her company began trading Friday: Just 3% of companies that went public between 1996 and 2013 had women CEOs.
A group of six professors have become high-profile protagonists in a public debate over what Catalonia, the so-called factory of Spain, could gain or lose from breaking away.
In the fight to win initial public offerings, Nasdaq OMX Group is betting longer relationships with private companies will yield a larger slice of the listings pie.
Apple is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit cards on file through its iTunes stores.
A federal judge ruled that an Idaho hospital system must unwind its acquisition of the state's largest independent doctor group, the latest FTC victory against health-care mergers.
Accellent Inc., a medical device manufacturer owned by private-equity firms KKR & Co. and Bain Capital LLC, is closing in on a deal to acquire rival Lake Region Medical Inc., according to people familiar with the matter.
Oleo e Gas Participacoes, controlled by businessman Eike Batista, submitted documents on its financial health to Brazil's National Petroleum Agency to prove that it can still meet commitments to oil-field partners.
Teamsters union members at a the Western Pennsylvania bargaining unit again rejected part of a contract with United Parcel Service, prolonging labor headaches for the shipping company.
U.S. stocks tumbled Friday to their biggest loss in more than seven months, extending a global selloff that investors fear signals turmoil to come as financial markets adjust to a pullback in central-bank stimulus.
Gregor Gysi's radical Left Party is now the largest opposition party in Germany's lower house of parliament, giving him first right of reply after the chancellor speaks.
The death toll from a deadly fire that swept through a seniors' home in a small Quebec community was likely to mount as the grim search began Friday for about 30 people still unaccounted for.
Mille Markovic, a convicted criminal who became a household name in Sweden for his role in a book about Swedish King Carl XVI Gustaf, has been shot dead, according to a lawyer who has represented him.
The railroad operator posts a 24% increase in fourth-quarter earnings on strength in the intermodal segment, but weaker coal volumes continued to keep the company's growth in check.
Nestlé will spend $1 billion to build two new factories in Mexico, underscoring the Swiss food company's efforts to bolster its presence in fast-growing emerging markets.
PepsiCo plans to invest $5 billion in Mexico, a country that accounted for 35% of the company's revenue in 2012, to expand production and marketing there.
The Bank of England will update its interest-rate guidance in February after a faster-than-expected fall in unemployment, the central bank's governor said.
EU economics chief Olli Rehn called on the European Central Bank to act on its 2% inflation target, warning that very low inflation in the euro area doesn't support the bloc's nascent economic recovery.
French Finance Minister Pierre Moscovici described a new package of economic measures proposed this month as a "game changer," needed to prevent a slow decline of the French economy.
Wal-Mart defended how it approves products it sells in China, after the country's major state-owned television broadcaster accused the retailer of violating permit procedures to boost profits.
The low-cost long-haul airline says it is in talks with Boeing about compensation for 787 Dreamliner problems and is confident the U.S. company will take responsibility.
Antigovernment protesters occupied a government ministry and threw up fresh barricades after talks between President Viktor Yanukovych and the opposition fell apart.
Aetna Chief Executive Mark Bertolini said that the evolution of the U.S. health-insurance market will soon push insurers to spend billions more on marketing to consumers.
Investors hoping that e-commerce giant Alibaba will use its purchase of a stake in a Hong Kong-listed company to go public are likely to be disappointed.
General Electric vice chairman John G. Rice said that the global economy "was getting better, not worse," and that beneath lower growth expectations for emerging markets "there was tremendous underlying demand for infrastructure."
CSRC's move comes after a judge at the U.S. agency ruled that Chinese units of the Big Four accounting firms should be suspended from auditing U.S.-traded companies.
Wal-Mart Stores moved to explain the way it approves products it sells in China, after the country's major state-owned television broadcaster accused the retailer of violating permit procedures to boost profits.
The Swiss drug maker said it will ask the European health regulator to re-examine its acute heart-failure drug serelaxin after it received a negative opinion.
Dutch cable company Ziggo said talks with John Malone's Liberty Global about a potential takeover are progressing, as it reported a 13% jump in fourth-quarter net profit.
Investors dumped currencies in emerging markets, underscoring growing anxiety about the ability of developing nations to prop up their economies as they face uneven growth.
Under a new policy being formulated, the Wall Street firm won't allow communication over third-party instant-messaging services created by Bloomberg, Yahoo and others in a bid to protect proprietary information.
Investors dumped currencies in emerging markets, underscoring growing anxiety about the ability of developing nations to prop up their economies as they face uneven growth.
An independent privacy-watchdog board split over the NSA's controversial phone-data program, with a narrow majority declaring it illegal and calling for its end.