Boosted by rising US jobs figures, President Barack Obama's approval rating has hit the magical 50-per cent mark and he has opened up a double-digit lead over his likely Republican opponent in Novembe

US President Barack Obama unveiled new sanctions on Iran's central bank on Monday, tightening an economic choke hold with speculation rampant over a possible Israeli strike on Tehran's nuclear program

The ex-chief executive of drilling rig operator Nabors Industries gave up a $100 million departure payout after shareholder complaints of excessive pay, the company said on Monday.

Eugene Isenberg, s

Two top American officials would be travelling to South Asia, including India, to hold talks on a host of issues with government and civil society leaders.

The US Administration’s pointman for South

Amidst increasing pressure from the US to reduce its dependence on Iranian oil, India on Tuesday said its ties with Tehran is neither inconsistent with non- proliferation objectives nor is in contradiction with its relationships with the West.

US aircraft manufacturer Boeing has discovered a manufacturing error causing delamination in a fuselage section of some 787 Dreamliners, The Seattle Times reported on Sunday.

Citing an unnamed perso

The Indian Supreme Court's decision to cancel 122 controversial mobile phone licenses has opened up a new round of scepticism about India as a destination for foreign investment, according to Time mag

Micron Technology's chairman and chief executive Steve Appleton died in a small-plane crash early on Friday, the company said.

Appleton, 51, head of the mid-sized chipmaker, was the only person in th

The United States has indicted the oldest bank of Switzerland on charges of conspiracy to hide more than USD 1.2 billion.

Significantly, this is the first time an overseas bank has been charged by th

Doubting the 'willingness' of Pakistan to go after the militant groups enjoying sanctuary in the country, a top US intelligence official has said these elements have caused major problems for the Afgh