China has unveiled its first firm target to curb greenhouse gas emissions, laying out a carbon intensity goal on Thursday that Premier Wen Jiabao will take to looming climate talks as his government's central commitment.
The dollar slumped to a 14-year low against the yen on Thursday, helping gold scale another record high, while Asian stocks faltered as investors digested a mixed batch of economic data.
Global miner BHP Billiton dismissed talk on Thursday that rival Rio Tinto was baulking at a proposed $116 billion joint venture in iron ore, insisting the two were close to a binding agreement.
Taiwan's Acer Inc, the world's No.2 PC maker, said Microsoft Corp's Windows 7 operating system launch last month has been positive for year-end PC sales, though the gains were within expectations.
General Motors targeted Germany on Wednesday for the bulk of 9,000 planned job cuts at European arm Opel, turning the tables on the country that lobbied hardest for an Opel sale to Canada's Magna.
The United States unveiled a plan to cut greenhouse gases by 2020 on Wednesday and said President Barack Obama will attend U.N. climate talks in Copenhagen next month -- before other world leaders show up.
Rich and poor states grouped in the Commonwealth and representing a quarter of the world's population hope to create critical momentum toward a global climate deal when they meet in the Caribbean this week.
Leading euro zone officials expect no immediate results from talks in China this weekend to push for an appreciation of the yuan, euro zone sources said. We are reasonable enough to understand that two months is not feasible, and we are determined enough to convey the message that two years is too long, one of the sources said of European views on when the yuan should be allowed to rise.
Better home insulation and ventilation and using electricity instead of fossil fuels could reduce indoor pollution and save thousands of lives, especially in low-income countries like India, a study has found.
China will rate the success of the Copenhagen climate summit by the actual content of any deal reached, a top negotiator said on Wednesday, in Beijing's first hint it accepts there will not be a legally binding pact.
But a wave of new ships ordered during the boom times are now coming on line and that will put pressure on rates, a boon for bargain-hunting passengers but not so much for cruise line earnings.
Wal-Mart Stores Inc's demand for rock-bottom prices from suppliers in China means some of these companies are forcing their employees to work in sweatshop-like conditions, a new report said on Wednesday.
Jerry Jordan, one of the top-performing U.S. growth fund managers over the past three years, says he's sold all his holdings of Apple and Google because their stock prices had gotten too expensive.
Tiffany & Co , which resisted the temptation to deeply discount its jewelry in the recession, posted earnings showing its upscale shoppers around the world are coming back to life.
The United States unveiled a plan to cut greenhouse gases by 2020 on Wednesday and said President Barack Obama will attend U.N. climate talks in Copenhagen next month -- before other world leaders show up.
The price of garlic in China has nearly quadrupled since March, propelled by its very pungency to rank ahead of gold and stocks as the country's best-performing asset this year.
Australian nickel miner Minara Resources Ltd will submit a joint bid with a Chinese firm on Wednesday for BHP Billiton's Ravensthorpe nickel operation, a source familiar with the bid told Reuters.
General Motors cast around for fresh options for Sweden's loss-making Saab on Wednesday after the collapse of its sale added another dimension to tortuous European restructuring plans.
North Korean leader Kim Jong-il on Wednesday told the visiting Chinese defense minister that his isolated country's friendship with China was unbreakable, even as ties have been tested by the North's nuclear tests.
China's Sinopec has signed a tentative deal to provide financing of $6.5 billion for oil refinery projects in Iran, two Iranian news agencies reported on Wednesday.
China must be alert to any mutation or changes in the behavior of the H1N1 swine flu virus because the far deadlier H5N1 bird flu virus is endemic in the country, a leading Chinese disease expert said.
First-half pretax profit at Johnson Matthey fell by a fifth and the world's largest supplier of catalytic converters warned on Wednesday that prospects for a recovery in global auto sales were uncertain.
