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(MENAFN - AFP) Asia stocks tilted slightly upwards Friday but remained cautious ahead of a speech from the US central bank head and after a weak lead from Wall Street as oil pulled back below $50 a barrel.

Comments from the Group of Seven leaders Friday morning stressed the importance of global economic growth while stating the potentially disastrous economic consequences ...

(MENAFN - AFP) Leaders from the Group of Seven advanced democracies met Friday with representatives of emerging and developing countries in Asia and Africa.

The so-called outreach programme involves Chad, Indonesia, Sri Lanka, Bangladesh, Papua New Guinea, Vietnam and Laos.

G7 host Japan said ahead of the meeting that it would zero in on Asia's stability and prosperity ...

(MENAFN - AFP) Pumping up the world economy is an "urgent priority" G7 leaders said Friday, but left the door open for a go-your-own-way approach in a sign of lingering divisions over how to boost growth.

Wrapping up their meeting in rural Japan, the leaders of the Group of Seven endorsed a pick-and-mix approach to dealing with the malaise that has lingered since the global ...

(MENAFN - AFP) A jury ruled Thursday that Google did not unfairly use parts of Java programming language, saving the tech giant from a possible multibillion-dollar verdict in a lawsuit brought by business software firm Oracle.

The retrial stemmed from a 2012 case in which Google also prevailed, and has been closely watched by the tech industry because of its implications ...

(MENAFN - AFP) The newly appointed chief executive of Swiss bank BSI, which has been ordered to shut down over its alleged role in a massive Malaysian money-laundering scandal, insisted Thursday the current management was not implicated in the case.

Board member Roberto Isolani, who took over as CEO following the resignation of Stefano Coduri on Tuesday, said the accusations ...

(MENAFN - AFP) Dutch electronics giant Philips set a price of 20 euros per share Thursday, a day ahead of a highly anticipated IPO of its lighting arm, and said it was expecting to raise 750 million euros.

"The total number of offered shares is 37.5 million, representing 25 percent of the shares," the Amsterdam-based Philips said in a statement.

"The total proceeds ...

(MENAFN - AFP) Sony Interactive Entertainment announced Thursday that PlayStation 4 sales hit 40 million units, being snapped up at a record-setting pace.

PS4 has dominated the market for the latest-generation consoles, with industry trackers pegging sales as being nearly double those of rival Microsoft Xbox One.

"We are truly grateful for the enormous support from ...

(MENAFN - AFP) The law firm at the center of the Panama Papers leak broke its own policies by setting up an offshore company for a Canadian billionaire under criminal investigation, news outlets reported Thursday.

The daily Toronto Star and public broadcaster CBC, which are members of the International Consortium of Investigative Journalists, reported that Mossack Fonseca ...

(MENAFN - AFP) French police said Thursday they had raided the French headquarters of McDonald's and seized documents last week as part of an investigation into tax fraud.

Agents of a special corruption, financial and tax crime unit searched the premises west of Paris on May 18, taking away company files, a police source said.

French authorities suspect McDonald's has ...

(MENAFN - AFP) Masked youths clashed with police in Paris and striking workers blockaded refineries and disrupted nuclear power stations on Thursday as an escalating wave of industrial action against labour reforms rocked France.

Police fired tear gas at around 100 protesters who broke away from a march through the capital to smash windows of shops and parked cars, an AFP ...

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