A major financial services company says that Italy faces a significant chance of having its credit rating cut soon, but that it has no plans to downgrade France's top credit standing. Fitch Ratings said Tuesday it is confident that the 17-nation Euro...
MADRID, Jan. 8 (Xinhua) -- FC Barcelona dropped to five points behind Real Madrid in the Spanish La Liga following a 1-1 draw with Espanyol on Sunday. Barca could only draw 1-1 away to neighbors Espanyol in a thrilling and controversial game. Against...
Nigerian President Goodluck Jonathan went on television Saturday to promise that the government will share hardship with ordinary citizens, hit by rising fuel costs. The president announced that foreign travel of government officials will be reduced...
MADRID, Jan. 7 (Xinhua) -- FC Barcelona face one of the most difficult games of the season when they face city rivals Espanyol on Sunday night. Newly crowned World Club Champions, Barca travel to the Cornella-El Prat Stadium after starting the weeken...
ROME, Jan. 7 (Xinhua) -- Lazio head coach Edy Reja was left disappointed by his worst Lazio after they succumbed 4-0 at Siena in the Italian Serie A on Saturday. The Biancocelesti had previously been unbeaten away from home, but were crushed by the T...
U.S. President Barack Obama will urge business leaders next week to keep jobs at home rather than outsourcing their industries abroad. Obama announced in his weekly address that he will host a forum at the White House Wednesday. He will meet with bus...
Turkey's former army chief was arrested on Friday over an alleged plot to topple the government of Turkish Prime Minister Recep Tayyip Erdogan. General Ilker Basbug is accused of leading a terrorist organization. Basbug was questioned for seven hours...
CHANGCHUN, Jan. 6 (Xinhua) -- Hosts favorite Li Zijun emerged as a corp of cream at the women's singles figure skating as the teenage sensation wound up with three titles from the 12th National Winter Games of China here on Friday. The 15-year-old Ch...
NEW YORK, Jan. 6 (Xinhua) -- Hornets guard Eric Gordon will miss two to three weeks because of a sore right knee. The Hornets say Gordon's knee was swollen after he led New Orleans with 22 points in a 101-93 loss to the Philadelphia 76ers on Wednesda...
President Barack Obama is cautiously welcoming Friday's news that the U.S. unemployment rate continues to fall. The president says the December jobless numbers show that the nations economy is moving in the right direction. With unemployment at its l...
The euro has lost 5.1 percent versus the dollar over the past month. And a spate of poor eurozone economic data Friday further eroded its value, signaling a grim economic outlook for the European economy in 2012. At 13 years old, the euro is barely a...
The 17 eurozone nations are facing a new wave of negative economic indicators, a further signal that Europe's currency bloc is headed toward a recession. The European Commission said Friday that executive and consumer confidence dropped in December t...
BEIJING, Jan. 4 (Xinhua) -- Defending champions the Guangdong Hongyuan handed the Beijing Ducks their second home defeat of this season with a 112-99 win in the 20th round of Chinese Basketball Association (CBA) league here on Wednesday. The Beijing...
BEIJING, Jan. 4 (Xinhua) -- Senior Chinese leader Li Changchun on Wednesday called for more efforts to strengthen the Internet construction and management and promote a healthy online culture. Li, a member of the Standing Committee of the Political B...
BEIJING, Jan. 05 (Xinhuanet) -- Tighter licensing and banning unlicensed food processors are two measures needed to improve the poor quality of cooked food in Guangzhou markets, says a new proposal. The proposal, to be presented to the Guangzhou comm...