Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, Iran's deputy foreign minister told Reuters.
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Low-risk 'worm' removed at hacked South Korea nuclear operator
South Korean authorities have found evidence that a low-risk computer "worm" had been removed from devices connected to some nuclear plant control systems, but no harmful virus was found in reactor controls threatened by a hacker.
Fees, expenses for Detroit bankruptcy hit nearly $178 million
Detroit's historic bankruptcy, which officially ended earlier this month, cost the city nearly $178 million in fees and expenses for teams of lawyers and consultants, according to a city court filing on Tuesday.
Verso Paper needs divestitures for NewPage deal
Verso Paper Corp will have to divest paper mills in Maine and Wisconsin in order to complete its acquisition of NewPage Holdings, the U.S. Justice Department said.
China's Huawei 2014 smartphone sales rise by a third
Huawei Technology Co Ltd's [HWT.UL] smartphone sales rose by almost a third to $11.8 billion in 2014, according to an internal memo seen by Reuters, showing the Chinese telecoms firm's continued ascent in the global handset wars.
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General Motors Co on Thursday announced three new recalls affecting nearly 84,000 sport-utility vehicles and pickup trucks, saying their ignition systems may have problems that could affect engine power and air bag deployment.
Bank of Japan Governor Haruhiko Kuroda said the bank has various tools left if it were to ease monetary policy again, stressing its determination to hit its inflation target in the next fiscal year.
Oil prices fell on Wednesday to a 5-1/2-year low and ended with their second-biggest annual decline ever, down by half since June under pressure from a global glut of crude.
Chinese conglomerate Fosun International Ltd is making its first foray into the U.S. insurance market and buying property and casualty insurer Meadowbrook, a deal that it said would help it secure funds for further acquisitions.
NeuroDerm Ltd's shares more than doubled in value on Tuesday, after the company said data from a mid-stage study suggested that a higher dose of its Parkinson's drug could provide an alternative to treatments that require surgery.
Roche Holding AG said U.S. health regulators have approved its Ebola test for emergency use in response to the world's worst outbreak of the disease in West Africa
China's homemade ARJ-21 airplane has received permission to fly from the country's civil aviation regulator, the official China Daily reported Wednesday, after years of delays due to technical shortcomings.
A fire raging for almost a week at Libya's biggest oil port of Es Sider has destroyed up to 1.8 million barrels of crude and damaged seven storage tanks, causing total damage of $213 million, a top oil official said on Tuesday.
Martin Kapp gestures towards the sleek red Italian sports car standing in his barn in the heart of Germany, secure in the knowledge there is not another exactly like it in the world.
