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Incoming Prime Minister Lucas Papademos walks through the gardens of the presidential palace after a meeting with Greek political leaders in Athens

Greeks Welcome New Premier, Await Emergency Cabinet

Greeks lauded the nomination of new Prime Minister Lucas Papademos Friday and expressed hope that his government could put the economy back on track and calm political turmoil that has threatened to force Athens out of the euro zone.
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Repsol Announces Huge Shale Oil Find in Argentina

Argentina's biggest energy firm YPF has announced that it had found nearly a billion barrels in unconventional energy resources in Patagonia. YPF is the Argentine unit of Repsol YPF SA, Spain's largest oil group.
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BP's failed Argentina deal renews investor fears

The collapse of BP's planned sale of a $7 billion stake in an Argentinean unit has renewed investor concerns about its strategy, a fortnight after Chief Executive Bob Dudley said the group had reached a turning point after its Gulf of Mexico oil spill.
Djokovic upset by unseeded Nishikori in Basel

Djokovic upset by unseeded Nishikori in Basel

World number one Novak Djokovic was surprisingly beaten by unseeded Kei Nishikori of Japan in the semi-finals of the Basel Open on Saturday, suffering a new injury setback in the process.
North American pollution causes wheat production in Europe

Cyber Attacks on Chemical and Defense Industries Traced Back to Man in China

Multiple Fortune 100 companies were the victims of a coordinated series of cyber attacks dubbed Nitro, says security firm Symantec Corp. At least 48 firms - all of which are involved in the chemical and defense industries - were subject to the attack, which has been traced back to a computer system owned by a man in his twenties working out of northern China.
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Apache plans $1.5 billion Egypt investments in 2012

American oil and gas company Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, Egypt's General Authority for Free-zones and Investments said on Saturday.

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