While the first new gaming console in five years fell short of being the game-changer the original was -- luring millions of new casual users with its simplicity and motion-control -- industry executives and analysts gave the Wii U's touchscreen controller the thumbs-up.
Ford Motor Co is aiming to expand its presence in the fast-growing auto markets of India and China with an eye toward increasing the number of vehicles it sells per year by 50 percent by the middle of the decade.
Gambling industry executives say Singapore is set to overtake Las Vegas to become the world's second-biggest casino market as early as this year
An envoy from the International Monetary Fund says European countries must decide how to plug potential funding gaps for Greece next year before the IMF can release the next batch of loans.
The Greek government expects parliament to vote on its medium-term austerity plan, a condition of a new international bailout, by the end of June, a senior government official said on Tuesday.
It's Ben Bernanke's turn to assess how much the economy has weakened. Investors have pushed stock prices lower for four straight days in response to data showing weaker hiring in May, falling home prices and a drop in manufacturing. On Tuesday, the Federal Reserve chairman will offer his outlook.
Sony Corp. on Monday took the wraps off its next generation portable gaming machine, PlayStation Vita, a touch-interface and motion-sensitive handheld that outdoes its workhorse PlayStation Portable and will go on sale before the winter holidays. Company executives have called the device Sony's biggest product launch since the PlayStation 3 five years ago.
The International Monetary Fund (IMF) and the World Bank Group will hold their 2012 Annual Meetings in Tokyo, Japan, in October 2012, announced the IMF on Monday.
Gulf Arab OPEC members, led by Saudi Arabia, will push for an increase in supplies at a meeting of the oil cartel this week. The move is part of an effort to support flagging world economic growth by bringing crude prices back below $100 a barrel.
The Greek Prime Minister George Papandreou started a campaign on Monday to secure a new international bailout by imposing years of austerity on a nation already seething over corruption and economic mismanagement.
Airbus SAS and Boeing Co are talking to farmers and refiners of biofuels in the hopes that cleaner energy may eventually supply as much as 30 percent of the $140 billion aviation fuel market by 2030.
A global airline group says the industry's profits will likely plummet this year because of natural disasters, political violence and higher fuel prices.
Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
UN's top environmental honors go to three in China
German trains collide near Duesseldorf, several people injured
China beats Germany 7-4 in men's curling Olympic qualification
Bayern beat Paris Saint-Germain 3-1 in UEFA Champions League
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