A missing AirAsia jet carrying 162 people could be at the bottom of the sea after it was presumed to have crashed off the Indonesian coast, an official said on Monday, as countries around Asia sent ships and planes to help in the search effort.
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AirAsia shares fall 7.8 percent, biggest drop in three years after plane goes missing
Shares in AirAsia fell 7.8 percent on Monday, their biggest one-day drop in more than three years after one of its aircraft went missing on its way to Singapore from the Indonesian city of Surabaya.
Lion Capital sends letter to American Apparel urging it to explore options
The board of American Apparel Inc (APP.A) has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on Sunday.
For Qualcomm, China settlement may be just the beginning
The settlement of China's anti-trust probe into Qualcomm Inc is likely to intensify global scrutiny of the firm's highly profitable patent licensing business, and may even call into question its worldwide contracts with smartphone makers such as Apple and Samsung.
South Korea nuclear operator says cyberattacks continue, reactors safe
South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.
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Germany plans to expand the network of charging stations for electric cars across the country to help boost lackluster demand, a Transport Ministry paper seen by Reuters showed.
Russia has agreed on a new deal to supply coal and electricity to Ukraine, which is struggling with a lack of raw fuel for power plants due to a separatist conflict in the industrial east, Russian officials said on Saturday.
A previously undisclosed hacking campaign against military targets in Israel and Europe is probably backed by a country that misused security-testing software t
The head of the panel of economic experts that advises the German government said on Sunday there was no reason for the European Central Bank (ECB) to start buying up sovereign bonds now to bolster euro zone growth.
U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women's apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spending report.
Sony Corp worked for a third day on Saturday to restore services to its PlayStation network as the FBI said it was looking into the disruption, which began on Christmas Day.
North Korea called U.S. President Barack Obama a "monkey" and blamed Washington on Saturday for Internet outages it has experienced during a confrontation with the United States over the hacking of the film studio Sony Pictures.
German Finance Minister Wolfgang Schaeuble expressed his reservations against the European Central Bank launching a bond buying stimulus program and praised Bundesbank president Jens Weidmann's arguments against such moves.
Volkswagen's (VOWG_p.DE) Audi luxury division said on Saturday it will increase spending on new models, plants and technology by 2 billion euros ($2.44 billion) to a record 24 billion euros over the next five years.
