Monsignor Nunzio Scarano, a suspended Vatican official who was arrested in June on money-laundering charges, told prosecutors that his office, the Administration of the Patrimony of the Apostolic See (APSA), has handled and provided financial services for outside clients.
Xiaomi Inc, inarguably Apple Inc's toughest competitor yet in China, has introduced the Mi3 smartphone handset along with an accompanying video.
Daocheng Yading Airport, the world's highest-altitude civilian airport, at 4,411 metres above sea level, has been inaugurated in Tibet, China.
Our 'Crash Alert' flag warns of a crash in US stocks. Readers are advised to proceed with caution.
Collaborative efforts to control and manage the escalating global warming and resulting climate change have unfortunately been found being undermined by the continued carbon emissions of 50 of the world's biggest-emitting companies.
Australia logged a 5.8 per cent unemployment rate in August, up from 5.7 per cent in June and a four-year high record.
The ‘Mize-Well Factor’ in the US Economy
If you were wondering about the source of China's latest economic 'recovery', wonder no more. Yesterday, we got news that China's incredible credit creating apparatus is back on track.
As the cloud of political uncertainty lifted in Australia, global investment fund Abu Dhabi Investment Authority (ADIA) provided a fillip to the country’s hotel industry. ADIA bought Australia's largest hotel owner, Tourism Asset Holdings, for a record-breaking $800 million. The deal gives hope for M&A activity and foreign investments picking up, in the country.
Talking heads explained the bullish move on upbeat data from China's economy and the prospect of a 'delay' in the escalating conflict in Syria. When the market gets excited about a delay to a potentially very messy conflict, you know the speculative juices are still flowing.
The 2011 National Household Survey of Canada shows Quebecers to be among the poorest in the country
Apple Inc, succumbing to competition brought by domestic player Xiaomi Inc, has finally released a low-cost smartphone iPhone 5c exclusive to China.
A lot of women in China are getting infertile, no thanks to the government's one-child policy but to the air pollution which has gripped and seriously affected the health of thousands in the country, according to statistics gathered by researchers.
Russian state corporation Rostec on Tuesday announced it has laid down plans to undergo massive rare earths production in support of the country’s bid to lessen its dependence on China for the supply of the precious metals.
TransCanada said on Tuesday that its $12-billion East Energy line would be in the country's national interest because the venture, which aims to pipe Alberta crude to Canada's East Coast, could create at least 10,000 new jobs.
Want to actually have Superman in your hands? The Royal Canadian Mint has unveiled seven coins into its collection on Monday, this time with the legendary comic action hero Superman in the center of it all.
Expect Canadian pensioners shopping at U.S. luxury retailer Neiman Marcus becoming the thing. On Monday, the Canada Pension Plan Investment Board (CPPIB) announced it has bought the luxury department store chain for $6 billion, sharing equal ownership with Ares Management LLC.
New Zealand's Fonterra has received a report that Russia has lifted its temporary ban on its dairy products. The Ministry of Primary Industries in New Zealand said some of Fonterra's milk products were now allowed back to Russia. While the agency was pleased with the news, it said there were some restrictions imposed on Fonterra to protect Russian consumers.
Pope Francis has led what could be the largest inter-faith rally against the planned U.S. military strike launch on Syria. At least 100,000 attended the peace vigil he had called on Saturday in Rome.
Japan's winning bid of the 2020 Olympics Games has many tethering for the safety and security of the world populace joining the historic event in Tokyo seven years from now amid the more sinister radiation scare from the crippled Fukushima nuclear power plant.
New Zealand was recognised as the fourth best financial market in the world in a report released by the World Economic Forum. The country's relatively smooth ride through the global financial crisis that has left other nations struggling has made New Zealand one of the most efficient financial markets worldwide.
Any company which has a table of organisation should ought to let it work to its full advantage. In the case of Yahoo! which has recently launched a new logo, CEO Marissa Mayer should better have left any aesthetic dealings to her team. Her job after all deals much more than tinkering with the design of a new logo.
Where trucks and delivery vans can't reach, robotic drones may be the solution. In China, a parcel express courier has started finding good domestic use for robotic drones. It uses them to deliver and drop packages to target recipients, especially in hard-to-reach far flung areas in the country.
After two months of criss-crossing Europe on somewhat of a bankrupt nations tour, the chilly autumn weather that has settled upon much of the continent is my cue to beat feet out of here for the steamy, humid energy of Southeast Asia.
The flag is not a prediction. It's merely a warning - like the flag at the beach that warns of a dangerous riptide. You can still go in the water. But watch out. You could get washed out to sea.
When we left town on Friday trading was as slow as the traffic on the interstate. Labor Day is the last holiday of the summer. No one wants to miss it.
Prime Minister Shinzo Abe's fiscal-stimulus policies dubbed "Abenomics" have guided long-suffering Japan to three consecutive quarters of growth. The prices are finally rising, along with the stock market and that is drawing increasing attention from economists in the West.
Xiaomi Inc maybe only three years old in business in China, but the fact it has managed to snag Apple's market share, never mind if its products are mostly knock-offs, could be an indication it could also very well conquer the world soon.
Although it has yet to receive reports or complaints of accidents and injuries, Ford Motor Co has ordered the recall of some 370,000 vehicles across its U.S. and Canada markets due to issues on the steering shaft of the involved units.
Offering enhanced security, online payment service portal, PayPal, announced, on Wednesday, the launch of its expanded Seller Protection policy for merchants in Asia Pacific. The policy, which will become operational on Oct 11, 2013, helps protect merchants from fraudulent online transaction and cases where items are not received by buyers.
