Business

Greece, creditors dig in their heels on eve of meeting
Greece’s leftist government faced a barrage of warnings on Wednesday that it risked being forced out of the euro zone and left without support if...
World gains nearly 1 million new millionaires, mostly in Asia
The world gained approximately 920,000 new millionaires last year, bringing the total to 14.6 million millionaires. Those millionaires are worth a...
A picture’s worth a thousand words: Snapchat chief lifts the lid on his success
For young people, Snapchat is bigger than Facebook and cooler than Twitter. But a lot of parents may be confused as to what it actually is, and more importantly:...
India leads the way as a million new millionaires were created in 2014
Nearly a million people became Dollar millionaires last year. The number of people worth $1m or more rose by 920,000 last year, hitting a record 14.6 million.
Nestle to destroy $50m of Maggi noodles after lead content scare in India
A batch of instant noodles worth more than $50m is being destroyed by Nestle, in what could be a major blow to the company’s reputation across India.
Meet the Beast: Little-known company rolls out the next supercar
Your neighbor isn’t likely to have this Beast in this garage — and that’s exactly why Yahoo Editor at Large Alex Lloyd likes it...
Former IMF chief Strauss-Kahn acquitted in pimping trial
Former IMF chief Dominique Strauss-Kahn has been acquitted of pimping charges linked to the “Carlton Affair” by a French court. The verdict...
Strauss-Kahn lawyer blasts ‘empty case’ as former IMF chief cleared of pimping
Former IMF chief Dominique Strauss-Kahn has been acquitted of pimping charges linked to the “Carlton Affair” by a French court. The verdict...
Ex-IMF chief Strauss-Kahn acquitted of pimping in sex parties trial
Former IMF chief Dominique Strauss-Kahn has been acquitted of pimping charges linked to the “Carlton Affair” by a French court. The verdict...
Hole new direction: Biggest hike in two years for Krispy Kreme sales
Shares in Krispy Kreme haven seen their biggest rise in two years as revenues at the doughnut retailer jump 9%. Overall revenue was up 9.0% to $132.5m...
Twitter CEO Costolo bows out as growth pressure mounts
Twitter chief executive Dick Costolo surrendered his post Thursday, handing the reins back to co-founder Jack Dorsey as the popular service struggles to...
Mexican oil company Pemex finds biggest oil reserve for years
Mexican state energy giant Pemex announced its biggest exploration success in five years on Thursday - the discovery of new shallow water oil fields that...
Virgin Group’s family leave policy sends message for working families
In an announcement Monday morning, Virgin Group Founder Richard Branson and Virgin Management CEO Josh Bayliss blew other companies out of the water by...
Virgin just upped the ante for other companies with its new parental leave policy
In an announcement Monday morning by Virgin Management, Virgin Group Founder Richard Branson and Virgin Management CEO Josh Bayliss blew other companies...
With business falling to pieces, Angry Birds look to rebuild with Lego
Finland’s Rovio revealed on Monday that it had signed a deal with Danish toymaker Lego to launch a line of Angry Birds building bricks as a bid to...
Asian stocks drop despite stronger Japan in first quarter: US data
Asian stocks were lower Monday as investors looked past an upbeat report on Japanese growth to signs that the world’s third-biggest economy would...
Deutsche Bank co-CEOs step down amid turmoil, join long lists of exits
Anshu Jain and Juergen Fitschen will step down early as co-CEOs of Deutsche Bank, which has struggled with legal issues and disappointing profits. They...
PM: Greece cannot consent to ‘irrational’ proposals
Greece cannot accept the “irrational” proposal made this week by its bailout creditors, Prime Minister Alexis Tsipras told an emergency Parliament...
Greek leader: cannot consent to ‘irrational’ proposals
Greece cannot accept the “irrational” proposal made this week by its bailout creditors, Prime Minister Alexis Tsipras told an emergency Parliament...
Nestle India decides to remove popular noodles from stores
Nestle India said Friday it had decided to take its popular brand of instant noodles off the shelves in the country after several Indian states banned...
Greece defers IMF payment, Merkel warns crisis is far from over
Greece became the first country to defer a payment to the International Monetary Fund since the 1980s as its game of brinkmanship with creditors goes down...
Eurozone back in inflation for first time this year as oil prices rise
For the first time this year, consumer prices across the 19-country eurozone are rising. Official figures Tuesday from the European Union’s...
Google still struggling to diversify beyond white, Asian men
Google isn’t making much headway diversifying its workforce beyond white and Asian men, even though the Internet company hired women to fill one...
Malaysia Airlines ‘technically bankrupt’ as 6,000 jobs to go
The new boss of Malaysia Airlines has claimed the carrier is “technically bankrupt”, following two plane accidents in 12 months. Christoph...
Dollar soars to 124.25 yen, highest in more than 12 years
The dollar soared to its highest level against the yen in more than 12 years on Thursday, powered by expectations for a US interest rate hike and more...
India tipped to overtake China in Modi’s first year despite sluggish feel
Celebrating his first year in office, Prime Minister Narendra Modi has basked in the success of transforming India into the fastest growing major economy.
Amnesty: Hamas committed war crimes against Gaza civilians
Amnesty International said in a report on Wednesday that Islamist Hamas committed war crimes against Palestinian civilians in the Gaza Strip during last...
Report: Hamas committed war crimes against Gaza civilians
Amnesty International said in a report on Wednesday that Islamist Hamas committed war crimes against Palestinian civilians in the Gaza Strip during last...
Blue Bottle brews in Japan: Can artsy U.S. coffee chains make it overseas?
Japan, famous for green tea, is welcoming artisanal American coffee roaster Blue Bottle with long lines that have at times meant a four-hour wait for a...
China takes officials to prison as warning: report
Chinese officials have been sent on prison tours visiting inmates including former colleagues as a warning against corruption, state-run media said on...

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