International News - Page 26

China's April manufacturing activity shrinks for 4th straight month: HSBC PMI

The preliminary version of HSBC's purchasing managers' index edged up 48.3 from March's 48.0 on a 100-point scale on which numbers above 50 indicate expansion.

When it comes to customer satisfaction, US airlines rank lowest among travel sectors

US airlines lag hotels and online travel agencies in customer satisfaction as travelers face increasingly cramped airplanes and poor in-flight service, a poll published on Tuesday showed.

Ford to name new CEO soon to replace Alan Mulally

Mulally, the 68-year-old executive credited with reviving Ford's fortunes since taking its helm in 2006, will step down before the end of the year, said the person, who asked not to be identified discussing the company's plans. Fields, 53, was named COO in December 2012 and has been seen as Mulally's successor.

Ford, IBM to face renewed US lawsuit over apartheid-era abuses

Ford Motor Co and IBM Corp will again have to face a US lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.

Mt. Gox suitors seek online support to save bankrupt bitcoin exchange

A group of investors seeking to buy Mt. Gox has launched a website to garner support from creditors of the bankrupt bitcoin exchange to prevent a liquidation of its assets.

Hotel magnate Sant Singh Chatwal pleads guilty to US campaign contribution scheme

Chatwal, chairman of Hampshire Hotels Management, pleaded guilty in federal court in Brooklyn, New York, to criminal charges of conspiring to violate the Federal Election Campaign Act and witness tampering.

Google, IBM poor show: Are Oracle, Cisco, others reading the writing on the wall?

Google's and IBM's poor results on Wednesday may do little to change investors' sentiment following a recent drop in tech stocks. Since early March, the tech-heavy Nasdaq index has fallen over 6 percent.

IBM misses revenue estimates as hardware sales fall

The world's largest technology services company's net profit fell to $2.38 billion, or $2.29 per share, from $3.03 billion, or $2.70 per share, a year earlier.

Google Q1 revenue misses Wall Street targets on falling ad prices

Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, pushing its shares sharply lower.

Here's how a Chinese company can remedy Yahoo's anaemic growth

Yahoo Inc again posted anemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa Mayer's comeback effort.

The Obamas earned $500,000 last year but income drops

President Barack Obama and his wife Michelle reported half a million dollars in income for 2013, down from the previous year as revenues from his best-selling books continued to fall, according to their tax returns released by the White House on Friday.

Microsoft just got sued over browser miscue that led to $731 million EU fine

Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators.

Amazon is buying the world's biggest digital comics store

Amazon.com Inc will buy New York-based digital comic book publisher comiXology for an undisclosed sum to beef up its entertainment content.

It's finally here: Google Glass to go on sale April 15, but for one day only

For a limited time starting Tuesday, Google will make the wearable device available to more than just the select group of users such as apps developers in its Glass Explorer program.

McDonald's Crimea loss is Burger King's gain. Here's why

Burger King Russia has announced it would open restaurants in Crimea after exit of its rival McDonald's from the peninsula, the media reported.

Toyota's recall of 6.58 mn vehicles globally could be largest in auto history

The world's biggest automaker is recalling certain Yaris, Urban Cruiser, RAV4 and Hilux models after identifying faults in the steering column, wiring harnesses and seat railings of 1,058 vehicles. The Yaris is also sold as the Vitz and the Urban Cruiser under the Scion brand as the xA.

Search for MH370 to be most expensive in aviation history

The figure for the first month of the search is already about equal to the official 32 million euros spent in searches lasting several months spread over a two-year time frame for Air France's Flight AF447, which crashed into the Mid-Atlantic in 2009.

Insider trading case: Rajat Gupta asks court to rethink order to pay $13.9 mn penalty

Gupta's lawyers said he did not accrue any "direct financial benefit" from the insider trading offences and yet he has been ordered to pay a "heavy price" of two years in prison, a USD five million fine and a separate USD six million in restitution to Goldman Sachs.

Raging debate: Mozilla CEO's exit and Silicon Valley's tolerance of gay marriage

Tech workers in Silicon Valley debated on Friday whether Mozilla CEO Brendan Eich got the comeuppance he deserved or was himself a victim of intolerance when he resigned under pressure this week amid outrage over his opposition to same-sex marriage

As India goes to polls, here's a map on how nations view the world's biggest election

Who moved my job? India losing 70% call centre business to Philippines

US jobs market beats winter blues; unemployment rate near five-year-low

The jobless rate held near a five-year low even as Americans poured into the labor market to hunt for work, another upbeat signal of the economy's health.

It's about time: US execs are ditching fancy perks like personal jets for less showy extras

A number of major US companies are cutting back on glamorous luxuries like personal jet use, country-club memberships, and luxury rentals, recent corporate filings show. Often the shifts follow pressure from shareholders, who in recent years have criticized soaring executive pay and over-the-top perks.

Business activity in the biggest emerging economies falls for fourth straight month. Here's why

HSBC's composite emerging markets index of manufacturing and services purchasing managers' surveys slipped to 50.3 from 51.1 in February, teetering on the 50 threshold that marks the difference between expansion and contraction.

Here's how a US online dating site got the CEO of Mozilla to quit

The software company came under fire for appointing Eich as CEO last month. In 2008, he gave money to oppose the legalization of gay marriage in California, a hot-button issue especially at a company that boasts about its policy of inclusiveness and diversity.

How a $1 hike in car prices could have helped General Motors save 13 lives

In the early 2000s, GM, like the other Detroit automakers was under intense cost pressure, in the face of competition from overseas rivals and a legacy of high labor costs. Those and other financial issues eventually led to GM's 2009 bankruptcy.

Major 8.2 magnitude earthquake off Chile coast sparks tsunami

Home Videos Quick Reads Shorts Live TV