Australia's cruel summer of cyclones and floods could generate a new, devastating political storm for Prime Minister Julia Gillard, who now must buck hostile public opinion to find a way to pay for the clean-up.
Irish oil and gas explorer Aminex Plc said on Friday it would increase its stake in a natural gas-bearing exploration block in Tanzania through an agreement with Australia's Key Petroleum.
Studies published in the medical journal The Lancet, show that obesity worldwide almost doubled in the decades between 1980 and 2008.
Palm oil output and stocks, already lagging robust demand due to rains in top Southeast Asia producers, could be made worse should the cooking ingredient become the next target for emerging markets seeking to buy big and dampen adverse effects of booming world food prices.
For Esther Moloto, the 32-year-old owner of a little house on top of the world's biggest platinum reserves, the sound of progress is falling plaster.
U.S. stocks were poised for a slightly higher open on Friday as investors struggled to interpret mixed messages on the economy from the jobs report.
Stock index futures edged higher on Friday as unrest in Egypt kept investors cautious ahead of the key payrolls report.
Stock index futures were little changed on Friday as the unrest in Egypt kept investors on the sidelines ahead of the key payrolls report.
Wall Street stock index futures were slightly higher on Friday ahead of the release of the keenly watched U.S. non-farm payrolls data.
The fundamental reason is that the tropical storm Cyclone Yasi, headed towards Queensland, Australia, did not disrupt the country's sugar production as much as initially feared. Australia is the third largest sugar exporter in the world.
Australians voiced relief and surprise after one of the world's most powerful cyclones spared the nation's northeast coast from expected devastation on Thursday, with no reported deaths despite winds tearing off roofs and toppling trees.
Protests of addictive pescription drugs such as oxycontin and suboxone could affect pharamceuticals shares.
- WikiLeaks founder Julian Assange threatened to sue Britain's Guardian newspaper for allegedly giving his website's cache of classified U.S. cables to the New York Times, according to two new books.
Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.
Japanese stocks eased on Thursday as escalating violence in Egypt prompted investors to move to safer assets, while commodities extended their recent gains, underscoring growing inflationary pressures that could threaten the global economic recovery.
One of the most powerful cyclones on record slammed into Australia's coast on Thursday, uprooting trees, tearing roofs off buildings and raising the danger of deadly storm surges.
The category-five storm, Cyclone Yasi, that has struck Queensland in northeastern Australia (already reeling from deadly floods last month) is likely to hammer global commodity markets, according to media reports.
Unemployment, poverty and social injustice are the top global concerns and most people think their country is heading in the wrong direction, according to a new poll.
DLA Piper is all set to emerge as the largest law firm in the world in terms of revenues and the number of lawyers, after it merges with its Australian partner DLA Phillips Fox.
Australia evacuated thousands of people from its northeast coast on Tuesday as a cyclone rivalling Hurricane Katrina bore down on tourism towns and rural communities, with officials saying it could even threaten areas deep inland that were ruined by floods last month.
Cyclone Yasi is headed towards Queensland, Australia and authorities have already issue warnings for this strong tropical storm.
Cyclone Yasi is headed towards Queensland, Australia and authorities have already issue warnings for this tropical storm.
