Browsing: World News

Global / International news and media releases covering America, Asia, Europe, Middle-East, Oceania and the World beyond.

US stocks Thursday opened slightly lower following mixed corporate earnings and economic data and ahead of Friday’s monthly jobs report. Five minutes into trade, the Dow Jones Industrial Average fell 27.94 (0.17 percent) to 16,552.90, retreating from…

Mexico’s state oil giant Pemex on Wednesday reported a nearly $2.7 billion loss in the first quarter. Pemex, which provides a third of Mexico’s government revenue, had a $327 million loss in the same quarter of 2013. The company saw a net loss of $12…

The mammoth project to refloat the doomed Costa Concordia cruise ship has been suspended until a decision is made over which port will scrap the wreck, Italian media said Wednesday. The ship’s owner Costa has decided temporarily to halt the unprecedented…