LONDON , Jan. 16 (UPI) -- Electronics manufacturer Samsung said it would shut down its manufacturing operations in the UK and cut 425 jobs due to high labor costs. A plant in Spain is also scheduled to close, cutting about 450 more jobs. Even with record …

CUPERTINO, Calif., June 21 (UPI) -- Prospects for recovery are good for Apple Inc. co-founder and Chief Executive Steve Jobs after his reported liver transplant , a medical expert says. Dr. Waldo Concepcion, a Stanford University transplant expert , told …

LONDON , April 2 (UPI) -- South Korea and the European Union are close to a trade deal that would knock off tariffs for at least 96 percent of the goods bought and sold between them. The two sides were scheduled to put the finishing touches on a trade agr …

Helicopter gunships on Thursday pounded militant positions in northwest Pakistan along the Afghan border, leaving 14 Taliban rebels dead, as the country's all major airports were put on alert over threats of suicide bombings, officials said.The militant hi …

Soon after Australia lost the third Test against India by 72 runs in Perth on Saturday , the International Cricket Council (ICC) slapped a fine on the team for its slow over rate."Mike Procter of the Emirates Elite Panel of ICC Match Referees imposed the f …

TOKYO, June 22 (Xinhuanet) -- Japan plans to give up its bid to have the world's first nuclear fusion reactor built in Aomori Prefecture, paving the way for the multibillion dollar project to go to the European Union, Kyodo News reported Wednesday. Jap …

Works by Indian artists totalled $1 ,748,500, exceeding expectations , in Sotheby's spring series of Contemporary Art sales in New York.The offering was highlighted by a work by Subodh Gupta, one of the most important contemporary artists to emerge from In …

NEW YORK , Oct. 18 (Xinhuanet) -- Senator Hillary Clinton said Monday that doctors have not yet cleared former president Bill Clinton to hit the campaign trail for Democratic presidential candidate John Kerry. "That is still being worked on as we speak …

Colleen Maloof , whose family's holdings include the Sacramento Kings and the Palms Casino Resort in Las Vegas, has sold her Tuscan-inspired home in the gated Mulholland Estates area of Beverly Hills for $7.3 million , according to the Multiple Listing Ser …

Apple has announced its next iPhone and it won't be called the iPhone 5, but rather the iPhone 4S. From the outside , the iPhone 4S looks just like the iPhone 4 -- which may disappoint some hoping for a new form factor. On the inside however , the iPhone 4 …