Greek Prime Minister Lucas Papademos postponed a meeting with heads of the political parties supporting his caretaker government a second time in as many days as the government and international creditors haggled over terms to secure a second aid package.
A spike in homicides as a result of a police officers’ strike in northeastern Brazil is causing travelers to cancel their Carnival holidays and may spread to the country’s party capital Rio de Janeiro.
The California State Teachers' Retirement System, or Calstrs, intends to question in a letter the controlling power amassed by Facebook Chief Executive Officer Mark Zuckerberg
Nevada Attorney General Catherine Cortez Masto won’t decide by today whether to join a nationwide settlement with banks over foreclosure practices, a spokeswoman said. A deadline for joining the accord was today.
Wealthy Chinese investors are turning to “sunshine” private trusts, the prototypes of hedge funds in the communist nation, as the property market cools, stocks slump and bank-deposit rates fail to match inflation.
Noble Group Ltd. named Yusuf Alireza, formerly co-president of Goldman Sachs Group Inc.’s Asia- excluding-Japan unit, as chief executive officer to lead Asia’s biggest commodity supplier.
Chinese shoppers on their Lunar New Year holiday were less lavish than expected by Hong Kong jewelers, curbed spending on beauty brands and slowed spending at South Korean stores. They may keep that pace in the coming year of the dragon.
Verizon Communications Inc., the second-largest U.S. phone carrier, formed a joint venture with Coinstar Inc. to compete with Netflix Inc. in offering DVD-movie rentals and a video streaming and download service.
