Cloud Peak Energy Inc , a unit of Rio Tinto Plc, fell in its debut on the New York Stock Exchange on Friday after its shares priced below expectations in the U.S. coal miner's initial public offering.
Europe's biggest carmaker, Volkswagen, will almost double exports from its South African plant in 2010 under a 27 billion rand ($3.59 billion) global contract for right-hand drive models of its new Polo.
Australia's parliament votes next week on Prime Minister Kevin Rudd's plan for a sweeping carbon trade scheme with hopes it will finally win approval after two years of divisive debate.
Australia's government demanded on Thursday that conservative rivals stop opposing carbon trade laws, citing a heatwave searing the country's biggest cities as evidence of Australia's vulnerability to climate change.
Australia's resurgent economy has lured a string of offshore commercial property investors to its shores, many betting the rebound will underpin market competitiveness in the face of a soaring local currency.
Apple's popular iPhone is to make its South Korea debut next week after earning approval from the nation's telecommunications director, local media reported on Wednesday.
The mobile is potentially overtaking PCs as the device of choice for access to social network site (SNS) in Asia and Pacific, IDC said on Monday in a survey-based report. It also noted that the telecom carriers need to set the stage for mass adoption by lowering data tariffs and offering user-friendly mobile applications.
Vestas Wind Systems said Wednesday it plans to announce significant orders for its wind turbines in the next five months, citing a pick-up in demand for wind power in Asia as more funding for projects becomes available.
Wind farms account for about a quarter of Australian electricity generating developments now under construction or planned as the country moves to increase its reliance on renewable energy, a government report said on Wednesday.
Energy firm Altona Energy Plc said it signed a joint venture deal with a unit of state-owned China National Offshore Oil Corp to develop its project at Arckaringa in South Australia, sending its shares up as much as 42 percent.
French insurer AXA SA and Australia's AMP Ltd need to sweeten their bid for AXA Asia Pacific Holdings by about 10 percent to seal the proposed $11 billion deal, analysts and fund managers say.
After months of stalemate, Australia's government could finally seal an agreement for its sweeping carbon trade scheme by early next week after the opposition said on Tuesday they were confident of a deal.
Google is to talk with Chinese writers and publishers over copyright violations, a move following the search engine's settlement with some Western countries, Global Times reported on Monday.
India has put its nuclear power plants on alert and tightened security after intelligence about possible attacks, a report said on Monday.
Vaccination programs against H1N1 swine flu are under way in the United States, China and Australia and will begin soon in parts of Europe.
Gold hit a fresh record high on Monday as investors hedged against a weak dollar, while Asian shares gained ground after upbeat reports from U.S. retailers underpinned confidence the global economy is recovering.
Central banks will be net buyers of gold this year as they diversify away from the U.S. dollar, marking a reversal of a decades-old trend, global commodities investment fund BlackRock said on Monday in comments that helped drive bullion to fresh record highs.
U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action.
Central banks will be net buyers of gold this year as they diversify away from the U.S. dollar, global commodities investment fund BlackRock said on Monday in comments that helped drive bullion to fresh record highs.
Google and the Authors Guild filed a new version of a deal to create a massive online library on Friday in hopes of answering antitrust and copyright concerns in the United States and overseas.
U.N. negotiators will next month put farming onto the radar of climate regulations for the first time, but governments face aggressive lobbies and gaps in the science proving the extent of agricultural emissions.
U.N. negotiators will next month put farming onto the radar of climate regulations for the first time, but governments face aggressive lobbies and gaps in the science proving the extent of agricultural emissions.
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