8Feb/10Off

Sources: Toyota to recall Prius

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In its 2010 Global Risk Report, the World Economic Forum warned of a second wave of economic turmoil unless further measures are taken.

The bonds we renew in person between friends and family as we visit during the holiday season get reactivated online after we all go home. This is the time when feast and Facebook go hand-in-hand.

A woman hospitalized after spending time in a sauna-like "sweatbox" has died, bringing the total fatalities to three, authorities said late Saturday.

The world has taken a step closer to "clean coal" thanks to new technology that actually uses CO2 to make power generation more efficient.

Foreign demand for US Treasury securities fell by a record amount in December as China purged some of its holdings of government debt, the US Treasury department said on Tuesday.

The economic might of India may bring to mind technological savvy and overseas call centers. But to understand Indian economy, a visit to a roadside dentist like Raj Kishore is more illuminating. IT and outsourcing has earned India the nickname as "the world's back office," the sector employs a fraction of India's 500 million workers. What do the rest do?

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The Bank of Japan will allocate 10 trillion yen ($115 billion) into short-term, low-interest loans to stem deflation and bring down the value of the yen, the bank announced on Tuesday.

U.S. Secretary of State Hillary Clinton said it is important for Argentina and Britain to hold talks about the disputed Falkland Islands, but she did not commit to mediating them.

Toyota is considering new incentives aimed at reviving sales as the troubled automaker works to repair its reputation following a spate of high-profile recalls.

A political standoff over the head of Argentina's central bank materialized Wednesday after the bank's president declined to support a plan to use $6.5 billion in reserves to pay debt.

YouTube this week announced the biggest viral video sensations of 2009, with Scottish singer Susan Boyle topping the list.

Toyota's president apologized profusely Tuesday as he announced the global recall of more than 400,000 of the automaker's 2010 hybrid models, including the popular Prius, for problems in their anti-lock braking systems.

Britain said Thursday it expects Iceland to live up to its obligations, two days after Iceland's president refused to sign a bill that would pay back a multi-billion-dollar loan to the country.

Iceland's voters overwhelmingly reject a deal to pay billions of dollars it owes to the United Kingdom and the Netherlands, the Foreign Ministry has said.

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