By By PAMELA SAMPSONAP Business Writer
BANGKOK (AP) - Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing gained momentum in November.
HSBC's Purchasing Managers' Index rose to 50.5 in November on a 100-point scale on which numbers above 50
NEW YORK (AP) - The head of media conglomerate News Corp.'s U.K. newspaper operations is stepping down.
Tom Mockridge, who was CEO of News International since July 2011, will leave the company at year-end to pursue outside opportunities, the company said in a statement Sunday. Mockridge joined
NEW YORK (AP) - Delta Air Lines Inc. is mulling the purchased of a 49 percent stake in British airline Virgin Atlantic Airways from Singapore Airlines Ltd., according to media reports.
The remaining 51 percent of Virgin Atlantic is owned by billionaire Richard Branson, who founded the airline in
By By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - The money manager's job is supposed to be straightforward: Take people's cash and put it to work. The more money that comes in, the bigger the manager's paycheck.
So why would two of the country's largest fund managers tell
JERUSALEM (AP) - The owner of an Israeli TV station facing crippling debts says he has agreed to government terms to keep it on the air.
Executives from Channel 10, known for its aggressive investigative reporting, have charged that the government hindered the channel's rescue, hoping to
WASHINGTON (AP) - House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner (GYT'-nur) pitched the White House plan to save the nation from the "fiscal cliff."
Boehner tells "Fox News Sunday" that after Geithner briefed him privately on Thursday, he looked at
MADRID (AP) - Disabled people have taken to the streets of Madrid in the latest protest against broad austerity measures, angry over government cutbacks reducing services, closing disability centers and forcing care workers from their jobs.
More than 10,000 people, many in wheelchairs or being led
By By JUERGEN BAETZAssociated Press
BERLIN (AP) - Germany no longer rules out the possibility of forgiving Greece some of its debt once the country's finances are in order, Chancellor Angela Merkel said, signaling a softening of her government's tough stance on Greece.
The question of
LONDON (AP) - Britain's Treasury chief acknowledged Sunday the economy is taking longer than expected to recover from the financial crisis, but insisted he will not waver from his policy of tax hikes and spending cuts.
George Osborne said the British government might miss its self-imposed goals
BEIJING (AP) - China has approved a proposal by auto parts conglomerate Wanxiang Group Corp. to purchase the assets of bankrupt U.S. battery maker A123 Systems.
The Chinese Commerce Ministry's approval of the bid was announced by the official Xinhua News Agency on Sunday. Wanxiang, based in