Airbus parent EADS conceded defeat in an epic, decade-long contest to sell aerial tankers to the Pentagon and confirmed it would not protest the award of a $30 billion contract to Boeing Co .
China said on Friday its military spending for 2011 would rise 12.7 percent, resuming double-digit hikes that have stoked regional disquiet about Beijing's expanding strength.
Shares of Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) touched a new 52-week high of $50.83 on Thursday. The company announced positive interim results on Wednesday from a Phase 2 two-part study of 'telaprevir' combination therapy for treatment of hepatitis C virus and human immunodeficiency virus, also known as HCV-HIV co-infection.
A Tanzania business group has opposed a new U.S. law labeling all gold produced in countries neighbouring the conflict-hit Democratic Republic of Congo (DRC) as conflict mineral.
Vertex Pharmaceuticals Inc. (NASDAQ: VRTX) announced positive interim results on Wednesday from a Phase 2 two-part study of 'telaprevir' combination therapy for treatment of hepatitis C virus and human immunodeficiency virus, also known as HCV-HIV co-infection. The shares of the drugmaker touched a new 52-week high of $47.82 on Wednesday.
In wake of the recent attention and international developments on rare earth minerals, the U.S. Geological Survey (USGS) has completed its first review of China's rare-earth industry.
Australia's changes to foreign investment rules in 2009 were aimed at limiting Chinese investments in local mining companies, according to confidential U.S. embassy cables.
China aims to allow all exporters and importers to settle cross-border trades in its currency the yuan by 2011, according to Chinese central bank, reported Reuters.
As Charlie Sheen makes an impactful land on the 'Twitterverse', the users of the microblogging site, Tweeps, are not so kind to the embattled 'Two and a Half Men' star.
Tata Steel, the world's No. 7 steelmaker, has raised its stake in Riversdale Mining to more than 27 percent, making it harder for miner Rio Tinto to seal its $3.9 billion bid for the Mozambique-focused coal miner.
As the United States moves military ships toward the Mediterranean Sea and officials discuss the possibility of imposing a no-fly zone over Libya, Venezuelan President Hugo Chavez said it was irresponsible to consider all options to resolve the situation there, including an invasion.
Google Ventures and Khosla Ventures have invested $42 million in a San Francisco-based start up WeatherBill, a provider of insurance to farmers against weather-related damages.
Private equity firm Blackstone Group LP has bought nearly 600 U.S. shopping malls from Australia's debt-laden Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.
Private equity firm Blackstone Group LP has acquired 588 U.S. shopping mall assets from Australia's debt-laden property group Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.
Silicon Valley venture capitalist Vinod Khosla and Google Ventures have invested $42 million in a start-up run by former Google employees, which helps insure farmers against losses from increasingly volatile global weather.
India will quadruple export duty on iron ore fines as it seeks to curb exports, mostly to China, in a budget move announced on Monday that hit domestic producer shares and could push spot prices to new record levels.
Stock index futures were mostly flat on Monday on continued concerns the unrest in Libya could spread through the region, though stable oil prices prevented further losses.
Gold rose to $1,413 an ounce in Europe on Monday as turmoil in the Middle East region lifted safe-haven buying and fueled a fresh spike in oil prices, stoking concerns over U.S. growth and knocking the dollar.
Stock index futures were higher on Monday after bullish comments from a Federal Reserve official about the economy, easing concerns that high oil prices could hurt economic activity.
A new online initiative titled Unileaks - clearly inspired by the radical Wikileaks organization - seeks to expose the murky truths of higher education around the world.
Leaning towards Internet-based learning has led to a growing tendency among students to skip classes, cutting attendance by up to half in certain courses.
U.S. stock index futures pointed to a lower opening on Wall Street on Monday, with futures for the S&P 500 down 0.08 percent, Dow Jones futures down 0.13 percent and Nasdaq 100 futures down 0.27 percent at 4.17 a.m. EST.
