HARARE - Zimbabwean President Robert Mugabe has reportedly agreed to stand down after 37 years in power. He avoided any mention of a resignation in a rambling national address on Sunday night.
Business & Financial News, U.S & International Breaking News
European markets jarred by German coalition collapse
European stocks slipped and safe haven government bonds were in demand early on Monday as the collapse of coalition talks in Germany served as a reminder of political risk that still runs as an undercurrent in Europe.
Toshiba gains breathing room with $5.4 billion share issue to overseas investors
Toshiba Corp's planned $5.4 billion new share issue to overseas investors is set to provide it with most of the funds it needs to avoid a delisting - a quickly arranged deal that underscores both the weakness of its finances and the allure of its chips unit.
Marvell Technology to buy Cavium for $6 billion
Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc in a deal valued at about $6 billion, as it seeks to gain scale in a semiconductor industry that is rapidly consolidating.
Putin plan to rejuvenate Russian politics makes slow progress
Poised to run for a fourth term, President Vladimir Putin has started clearing out the old Russian political elite and says he's bringing in young people with "fire in their eyes."
Canada, Mexico to question U.S. auto content demands at NAFTA talks
Canada and Mexico will not make counterproposals to U.S. demands for tougher NAFTA automotive content rules but instead will offer rebuttals and pepper American negotiators with technical questions on Monday, people familiar with the talks said.
Wimbledon champion Novotna dies after battle with cancer
Czech tennis player Jana Novotna, a Wimbledon champion in 1998 and 16-time grand-slam winner in doubles and mixed doubles, has died at the age of 49 after a long battle with cancer, the Women's Tennis Association (WTA) said on Monday.
Exp: Dec 02
Exp: Dec 02
Exp: Nov 17