Argentina president, back after sick leave, vows to fight hedge funds

Argentina's President Cristina Fernandez returned to the public stage in fighting form on Tuesday after a 3-week break due to an infection, declaring in a speech to businessmen she would not be held ransom by hedge funds suing the country.

G20 Leaders Meet In St. Petersburg For The Summit

Discover Financial sues Visa over anti-competitive card practices

Discover Financial Services Inc sued Visa Inc on Tuesday, alleging the world's largest cards company has been using anti-competitive practices in its debit card business, and sought compensation for lost profit, court documents showed.

220,000 Stores Start Accepting Apple Pay

Thomas Cook hit by shock CEO departure, slowing growth

British holiday company Thomas Cook (TCG.L) said chief executive Harriet Green had been replaced by its chief operating officer, the abrupt departure of a woman credited with reviving the business sending its shares tumbling.

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Banking culture breeds dishonesty, scientific study finds

Australia's Reserve Bank Keeps Interest Rates On Hold

A banking culture that implicitly puts financial gain above all else fuels greed and dishonesty and makes bankers more likely to cheat, according to the findings of a scientific study.

Dow Chemical CEO says not quitting Kuwait, but shifting strategy

CEO's Discuss Future Of American Manufacturing In Washington

U.S. petrochemicals giant Dow Chemical Co (DOW.N) is not pulling out of Kuwait but is shifting strategy, its chief executive said on Monday, after the company announced plans to reduce its equity positions in all of its Kuwaiti ventures.

Police probe political funding of mining magnate Clive Palmer: The Australian

Clive Palmer

Australian police are investigating allegations about the misuse of A$12 million ($10.5 million) in Chinese funds during the 2013 political campaign of mining magnate Clive Palmer, The Australian newspaper reported on Monday.

Countdown to missed opportunity for EU economy

World Leaders Gather For G20 Summit In Brisbane

The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy.

China ready to cut rates again on fears of deflation - sources

China Daily Life

China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making.

Hewlett-Packard Plans To Eliminate 24,600

HP fourth-quarter revenue drops on weak enterprise demand

Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.

Christmas Lights In Paris

Samsung Electronics to buy back $2 billion in shares

South Korea's Samsung Electronics Co Ltd (005930.KS) on Wednesday announced a $2 billion share buyback plan, its first since 2007, following investor calls for higher returns against a backdrop of rapidly declining profits.

Obama Announces Resignation Of Chuck Hagel As Defense Secretary

Obama administration criticizes potential tax extender deal

The Obama administration on Monday criticized a potential deal in Congress to extend expiring tax breaks as "fiscally irresponsible," arguing that lawmakers would be favoring businesses over working families.

City Bankruptcy Ruling Expected In Detroit

Detroit eyes bankruptcy exit in second week of December: attorney

Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday.

Los Angeles Hosts Annual Auto Show

Tesla says in talks with BMW over car batteries, parts

U.S. electric carmaker Tesla Motors is in talks with Germany's BMW over a possible alliance in batteries and light-weight components, Tesla's Chief Executive Elon Musk told German weekly Der Spiegel.

China

China cuts key short-term money rate as Beijing pushes down cash costs

China's central bank lowered the yield for a key short-term money rate on Tuesday, the fourth time it has done so this year, as regulators step up efforts to reduce funding pressure for Chinese companies.

Honda Workers Return to Work After A Four Month Factory Shut Down

Honda admits under-reporting serious U.S. accidents since 2003

Honda Motor Co failed to notify U.S. safety regulators of 1,729 claims of injuries and deaths related to accidents in its vehicles since 2003, the automaker acknowledged on Monday.

Syrian Refugees Conduct A Silent Protest To Demand A Solution To Their Plight

Stalled Greek bailout talks to resume in Paris on Tuesday

Greek government officials and EU/IMF lenders will hold talks in Paris on Tuesday on a crucial bailout review that has stalled over disagreement on a projected budget gap for next year.

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