Portugal's government says the constitutional court's rejection of austerity measures from this year's budget creates serious difficulties in meeting international bailout commitments.
A report has accused bailed-out British bank HBOS of being so badly run it was doomed to fail even without the 2008 financial crisis.
Facebook chief Mark Zuckerberg has unveiled a new product for Android phones, a service called "Home" that brings the social media websites content to the phone's home screen, rather than requiring users to check apps on the device.
The US labour market was far weaker than expected in March, with the economy adding only 88,000 jobs, a third of the number added in February, according to the latest official data.
Japan, the world's third largest economy, is taking bold measures to spur inflation and increase spending after a 15-year slump.
Six European countries, including France and Britain, have launched a joint action against Google to get the US Internet giant to scale back on new monitoring powers that watchdogs believe violate EU privacy protection rules.
Unemployment rose to a record high of 12 percent in February in the Eurozone, according to the latest data released by the EU's official statistics agency.
India's highest court has dismissed Swiss drug maker Novartis AG's petition seeking patent protection for a cancer drug, a serious blow to Western pharmaceutical firms which are increasingly focusing on India to drive sales.
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