Stock markets rallied Friday after European Union leaders agreed on a new bailout for Greece, provided that Athens commits to more austerity measures. But the Greek deal fails to address fundamental problems threatening the future of the 17-member eu...
WIMBLEDON, June 23 (Xinhua) -- China's French Open champion Li Na crashed out of Wimbledon on Thursday, losing 3-6, 6-4, 8-6 to German wildcard Sabine Lisicki in the second round. 65th-ranked Lisicki will tackle Japanese qualifier Misaki Doi, who kno...
BEIJING, June 24 (Xinhuanet) -- Chinese director Zhang Yimou's upcoming film Nanjing Heroes set during the Japanese invasion of China will be released in Japan. Film producer Zhang Weiping was quoted by Sohu.com as saying that the film had found a Ja...
WASHINGTON, June 23 (Xinhua) -- NASA's next Mars rover has completed the journey from its California birthplace to Florida in preparation for launch this fall, the U.S. space agency said Thursday in a statement. The Mars Science Laboratory (MSL) rove...
SAN FRANCISCO, June 23 (Xinhua) -- Facebook announced Thursday that Netflix CEO and Chairman Reed Hastings has joined the social network company's board of directors. Hastings, who successfully managed Netflix through an IPO in 2002, is expected to p...
The world's top 20 economic powers agreed Thursday on measures aimed at controlling high and volatile food prices. Farm ministers from the G20 group of leading and emerging economies met for the first time in Paris Wednesday and Thursday. Following n...
The Obama administration announced Thursday that it is releasing 30 million barrels of oil from the United States emergency reserve to offset production lost because of the fighting in Libya. The U.S. oil will be about half of a 60 million barrel int...
NEW YORK, June 22 (Xinhua) -- Tiger Woods confirmed on Twitter Wednesday that he'll miss next week's ATT National golf tournament for left leg injuries. Woods, who was forced to skip the US Open won Sunday by Northern Ireland's Rory McIlroy, said he...
LONDON, June 22 (Xinhua) -- Five-time Wimbledon champion Venus Williams needed to fight for nearly three hours to edge out the 40- year-old Japanese veteran Kimiko Date-Krumm in the women's second round at the 125th Wimbledon Champoinships on Wednesd...
BEIJING, June 22 (Xinhuanet) -- This year's Moscow International Film Festival sees the world premiere of Transformers: Dark of the Moon on June 23, six days before its global release which is scheduled for June 29. Paramount Pictures announced last...
SAN FRANCISCO, June 22 (Xinhua) -- Apple Inc. plans to introduce a new iPhone in September featuring faster chip and more advanced camera, U.S. media reported on Wednesday. The new iPhone model, which will closely resemble iPhone 4, will include the...
SAN FRANCISCO, June 22 (Xinhua) -- Apple Inc. has been awarded a long sought-after patent for touch screen functionality on portable devices, a set of exclusive rights expected to play into its current litigation against its counterparts in the mobil...
President Barack Obama plans to withdraw one-third of U.S. forces from Afghanistan by late 2012. The president said Wednesday the recent increase in troop strength is meeting its goals. President Obama told a nationwide television audience he is begi...
The head of the U.S. central bank says the economy is growing more slowly than expected. U.S. Federal Reserve Chairman Ben Bernanke Wednesday that the slower growth is due to temporary problems such as the disruptions caused by Japan's earthquake and...
At the High Court in Kolkata, India, lawyers for Tata Motors contested a new law that allows the government to cancel its lease for a large plot of land that was to be used to produce the world's cheapest car. The land in Singur was acquired from far...