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McDonald's Holds down Dollar Meal, Making Menu Healthier

Oak Brook, Ill-based McDonald's Corp. said Thursday it's making the menu healthier and will uphold its Dollar Menu in spite of a tough economy.

Microsoft MessengerTV Launches in 20 Countries

Software giant Microsoft Corp launched a new online service in 20 countries on Tuesday that allow users to watch video clips at the same time as a network of friends while chatting via Windows Live Messenger.

Vodafone to Offer Apple iPhone in 10 Countries; Multiple Carriers in Italy

Vodafone Plc announced on Tuesday that it has signed an agreement with Apple, Inc to sell its iPhone device in ten countries and two carriers in Italy.

News Corp to Close Spy Trial: Reports

A federal judge presiding over a corporate spying suit against News Corp said the company could lose the case worth hundreds of millions of dollars if Chairman and Chief Executive Rupert Murdoch fails to testify about what he knew, according to media reports released Monday.

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Airlines seek Boeing 787 compensation

Boeing Co. has been swamped with compensation demands after it announced the third major delay in six months of its new 787 Dreamliner plane.

Prominent Indians featured in Forbes '48 Asian Altruists' list

India's leading IT service provider Wipro's chairman Azim Premji and biotechnology major Biocon's chairperson Kiran Mazumdar-Shaw are among the forty-eight Asians to feature in Forbes magazine's list of Asia's top philanthropists.

Why is Tata Power silent on Mundra power plant?

By Sreekumar Raghavan MUMBAI: Why is Tata Power Co Ltd silent even as environmental groups have urged World Bank to rethink about funding the $4.5 bn 4000 MW ultra mega coal powered Mundra...

Wheat Gains on Prospects of Low Yields from Pakistan Due to High Fertilizer Costs

Wheat advanced following reports that Pakistan will produce less grain than forecasted due to high fertilizer costs that prompted farmers to reduce planting.

Gold needs to retain its string of recent closes

By Jon Nadler Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...

Wheat Declines as High Prices Boost Global Production

Wheat dropped on Monday amid concerns that the world's producers will plant more of the grain to benefit from the high prices.

Australia releases 35 oil gas exploration sites

Commodity Online CANBERRA: Australia on Monday invited bids to explore 35 more offshore areas for petroleum and natural gas.The areas are located across five basins off the Northern Terri...

Leighton wins $1bn India coal project

Commodity Online SYDNEY: Australia s Leighton Holdings on Thursday announced that it has won two contracts worth $1 billion to develop and operate an open cut coal mine in India s Jharkhand...

Asian Stocks Decline, Australia Rises

Asian markets were mixed on Wednesday morning with Japanese shares slipping on stronger Yen prices, while commodity prices helped resource stocks in Australia.

ONGC awards $ 720 m contract to Leighton

Commodity Online CANBERRA: ONGC on Tuesday awarded the contract to build 200 kms of fixed and flexible pipelines in it s Mumbai High oil field to Australia s Leighton Holdings Ltd.

What leads us to what comes next...

By Dan Denning The biggest losers will be consumers everywhere. Global monetary policy is entering a new, highly accommodating phase.

Wheat Declines on Concern of Decreasing Demand for U.S. Grain

Wheat declined after the U.S. Department of Agriculture said that export sales increased by 51 percent last week, increasing forecasts that importers have enough grain until the next harvest begins in June.

Ledger's father: Michelle Williams and Matilda will be taken care of

Heath Ledger's family quickly responded to rumors on Saturday that his daughter, Matilda Rose, would not be provided for after his death.

India notches Historic Cricket Win

The Men in Blue scripted a fairy tale ending to the Commonwealth Bank tri-series tournament in Australia, by notching a historic win in the second final, Tuesday, in Brisbane - beating the world champion host team by 9 runs.

Oxiana launches $5.7 billion agreed bid for Zinifex

Australian miner Oxiana Ltd launched an agreed A$6.1 billion ($5.7 billion) takeover offer for Zinifex Ltd on Monday, looking to diversify to benefit from booming global minerals demand.

Facebook lets its users translate site into German

Facebook, the social network site that has enjoyed spectacular international growth in the past year, despite being published only in English until recently, said on Monday it was offering a German version.

Prince Harry Fighting in Afghanistan

Prince Harry, third in line to British throne,has been serving on the front line in Afghanistan with the British Army, the Ministry of Defense confirmed on Thursday.

Asian Stocks Advance After Wall Street Rises

Asian stocks rose to their highest in three weeks after the world's largest bond insurers retained top credit ratings, easing concern that global economic growth will slow on new credit losses.

Wall Street Drags Asia Markets Lower

Asian markets shed gains from the previous day in the wake of Wall Street's declines.

'Portal' Game of the Year at GDC

Portal won Game of the Year at the eighth annual Game Developers Choice Awards as video gamemakers heaped laurels on the action puzzle.

Dollar Falls on Fed Rate Cut Expectations, Australia minutes

The dollar fell on Tuesday amid continuing speculation that the Federal Reserve will lower interest rates, and minutes from the Reserve Bank of Australia indicating that it had wanted to raise its interest higher than it did earlier this month.

High-yielding currencies gain led by Aussie dollar

High-yielding currencies, led by the Australian dollar, rose on Tuesday as investors added to risky trades amid strong gains in commodity prices and expectations of further interest rate increases in Australia.