From Monet to Picasso, L.A. museum gets major gift from mogul

In a town famously built on self-promotion, Hollywood mogul Jerry Perenchio preferred to stay out of the spotlight, which he says "fades your suit."


London exhibition celebrates female empowerment through fashion

From a jade green wool dress suit worn by former British prime minister Margaret Thatcher to the suffragettes' lace blouses, clothes have been a defining feature of women's empowerment, according to a new exhibition in London.

2024 is 'right time' for U.S. Olympic bid, says ANOC chief

One of the most powerful men in the Olympic movement has urged the United States to push ahead with its plans to bid for the 2024 Summer Olympics, saying it is the "right time".

Wal-Mart to focus on food safety in China: Asia chief

Wal-Mart Stores Inc (WMT.N) is focusing on food safety as the world's largest retailer aims to boost profitability of its more than 400 stores in China, Wal-Mart Asia chief executive Scott Price told Reuters.


Latest News

Philadelphia-area transit workers have voted overwhelmingly to ratify a two-year contract with the local transportation agency, averting a strike that threatened to cripple bus and rail lines and that their union warned would be long and contentious.
U.S. fast food chain Burger King Worldwide (BKW.N) will open about 12 outlets in India over the next 60-90 days, Rajeev Varman, chief executive of the hamburger chain's India unit said on Saturday.
Annual growth in China's exports and imports slowed in October, data showed on Saturday, reinforcing signs of fragility in the world's second-largest economy that could prompt policymakers to roll out more stimulus measures.
With the U.S. third-quarter earnings season almost at an end, many investors are breathing a sigh of relief as more companies surpassed profit expectations than in any quarter since 2010.
A solar eclipse in March next year will be an unprecedented test of European electricity grids because of the massive increase in solar power production on the continent, French power grid RTE said on Friday.
The United States is considering partnering with China on improving electricity in Africa and the proposal could be part of bilateral discussions when President Barack Obama visits Beijing next week, two sources involved told Reuters.
Mexico has revoked a $3.75 billion high-speed rail contract from a China-led consortium after its uncontested bid prompted an outcry from lawmakers, souring a state visit to Beijing next week by President Enrique Peña Nieto.
Japan's Economy Minister Akira Amari said on Saturday he saw progress in Asia-Pacific regional trade negotiations, although it would be difficult to reach an agreement by the end of the year, according to Jiji press.
Australia said on Saturday it was pleased with progress on a long-planned free trade agreement with China and that it would be happy to conclude it by next week when Chinese President Xi Jinping visits.
The United Nations Security Council imposed targeted sanctions on Friday on Yemen's former President Ali Abdullah Saleh and two senior Houthi rebel leaders for threatening the peace and stability of the country and obstructing the political process.
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