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ECB's Draghi warns countries to reform as clouds gather over euro zone

Failure to reform and shield weaker members threatens to divide the euro zone, the head of the European Central Bank warned on Thursday, amid fresh signs the currency bloc's economy is losing speed.


Airbus could shed full Dassault stake by end of 2015: sources

Airbus Group and Dassault Aviation aim to oversee the complete sale of Airbus's 4.8 billion-euro stake in the French planemaker by the end of next year, two people familiar with the matter said.

French regulator approves Numericable-Virgin deal

France's competition watchdog said on Thursday it had given its go-ahead to Numericable's purchase of Virgin Mobile France. Numericable, which is also in the process of buying number 2 mobile operator SFR, agreed in June to buy Virgin Mobile France from owners Britain's Carphone Warehouse and entrepreneur Richard Branson's Virgin Group for an enterprise value of 325 million euros.

GlaxoSmithKline fires executive who raised race complaint in South Africa: Bloomberg

Britain's biggest drugmaker, GlaxoSmithKline Plc, fired an executive from its South African unit for refusing to appear for a performance review, which was called a week after he complained of racial discrimination in the workplace, Bloomberg reported, citing company documents.


Latest News

Jennifer Lawrence is now a chart-topper for singing "The Hanging Tree" in "Mockingjay Part 1" despite hating singing. Lawrence says her best friend, Liam Hemsworth taught her to be tough and stand up for herself while co-star Natalie Dormer cries foul over Lawrence's naked photo scandal.
Korean media outlet OSEN recently wrote an article enlisting the achievements of YG Entertainment's artists this year, claiming that 2014 is the year of the record label.
Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters.
The World Trade Organization adopted the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day's delay following an eleventh-hour objection.
Barclays' private bank in Switzerland has dropped out of a U.S. program aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday.
K-pop idol group B.A.P recently filed a lawsuit to nullify their contract with their agency TS Entertainment. This case is reminiscent of another group, Block B, who filed against Stardom Entertainment early last year.
The latest episode of "The 100" deals with Raven's paralysis as well as Clarke's reunion with her original group. What can viewers expect next?
Oil prices, oil-related shares and oil-linked currencies all tumbled in Asia on Friday, in the wake of OPEC's decision to refrain from cutting output despite a huge oversupply.
In addition to the spec leaks online that got the gamers excited, another good news might be on its way as the powerful GPU may be available in the market by December if the reports are true. According to reports, this device is 50% faster than the fastest GPU available in the market today.
Producer Timbaland is clearly not a fan of the Lifetime biopic, Alliyah: The Princess of R&B. He has taken to social media to voice out his opinions an urge fans to give the film a miss.