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Khamis Neshbahri earned a salary of 700 Singapore dollars ($550) a month when he began cleaning office buildings 11 years ago. His wages haven't budged since then while his cost of living has continued to climb.
The board of bailed-out Spanish lender Bankia will hold a meeting on Friday to decide how much more rescue money it needs from the government, an issue so sensitive it asked that trading in its shares be suspended all day.
Shares of a Hong Kong tycoon's property company tumbled Friday after he insisted he was innocent of bribery and money laundering charges filed by Macau prosecutors over a land deal in the Asian gambling hub.
Chinese e-commerce firm Alibaba Group's $2.5 billion bid to take its Hong Kong-listed unit private was cleared Friday by minority shareholders, easing the way for CEO Jack Ma to gain more control over his company's destiny.
Toyota is looking to emerging markets for growth, targeting 50 percent of its global vehicle sales in such countries by 2015, and rolling out eight compact models over the next few years.
Sony's debuting "Men in Black 3," starring Will Smith, Tommy Lee Jones and Josh Brolin, is expected to vaporize "The Avengers'" nearly month-long supremacy at the top of the domestic box office charts, grossing about $80 million across the long holiday weekend.
European leaders insist they want to keep Greece in the eurozone, but are putting off any agreement on how they hope to accomplish that. Greece says it, too, wants to stay in the eurozone, but until after elections it's uncertain whether it can implement the austerity that Europe has set as a condition for doing so.
Lehman Brothers Holdings Inc.'s bankruptcy estate has reached a deal to acquire a bigger stake in apartment-building owner Archstone for $1.58 billion, according to a published report.
Total U.S. money market mutual fund assets rose by $1.26 billion to $2.564 trillion for the week that ended Wednesday, the Investment Company Institute said Thursday.
A look at economic developments and activity in major stock markets around the world Thursday:
ONLINE PIRACY INSIGHTS: Google has released data detailing the volume of complaints that the company's search engine has received about websites hosting content that violates copyrights.
BETHESDA, Md. - Wedged between an interstate highway and the Washington, D.C., Beltway, the understated corporate neighborhood Lockheed Martin Corp. calls home took on a rowdy flavor Thursday with the shouting, chanting, sign-waving and heckling of more than 150 picketers supporting the International Association of Machinists' strike at a Texas plant.
Oil bounced back Thursday, a day after falling below $90 per barrel for the first time in months.
Hewlett-Packard helped pull the Dow Jones industrial average to a slight gain Thursday, giving the index only its fourth gain this month. Stocks flipped between gains and losses throughout the day after a meeting of European leaders failed to deliver new steps to ease the region's debt crisis.
The Senate passed a mammoth bill Thursday that would reshape how the Food and Drug Administration assures the safety of the drug supply, particularly medicines imported from overseas.