In a public-private partnership, Australian agribusiness ABB Grain signed a A$5.7 million deal with the University of Adelaide to develop new malting and feed barley varieties for export and domestic markets.
Federal Reserve Chairman Ben Bernanke said on Thursday that subprime mortgage losses could hit $100 billion and threaten consumer spending, but he sought to reassure lawmakers that the central bank was working quickly to strengthen lending regulations.
Scrutiny of banking transactions after 9/11 has led European and Canadian banks to cut back on dealings with Cuba.
Dow Jones & Co. Inc. board member David Li, a prominent Hong Kong banker, may face civil charges in a U.S. Securities and Exchange Commission insider trading investigation linked to News Corp.'s $5 billion bid for the U.S. media company.
The highest growth in 11-½ years secured expectations of tighter policy to prevent the economy from overheating.
Web reports and photographs say they may contain the ending to the eagerly awaited seventh and final book
Crude oil prices are trading near $76 a barrel and topped $78 on Monday, within sight of the record high hit in August 2006 of $78.65.
China's state-controlled media have warned citizens to raise their awareness and prevent leakage of state secrets, charging that illegal surveys by foreigners in the country were on the rise and threatening national security.
Anil Ambani's Reliance Communications, India's second-biggest mobile services provider, said on Monday it was acquiring US-based Ethernet services provider Yipes Enterprise Services Inc. for $300 million in an all-cash deal that would help Ambani gain a foothold in the US market and scale up its optic fiber network.
Coca-Cola Co. posted higher-than-expected quarterly profit on Tuesday, helped by strength in its developing China and India markets, and moderate gains in mature markets such as Germany and Japan.
China should not be singled out for particular concern over food safety, a big problem that rich and poor countries alike must tackle through better regulation, top World Health Organization (WHO) officials said on Tuesday.
China sentenced a man to death and jailed another 28 people for up to life on Tuesday for their roles in a massive slavery and child labor scandal involving scorching brickworks.
Foreign media have fuelled unfounded fears about Chinese products, the nation's top quality official has said, as China blocked a U.S. protein powder shipment while the two countries sparred over safety worries.
Some 120,000 barrels a day of new high-quality, low-sulphur oil will start flowing from Asian fields this quarter, putting strong regional crude differentials under some pressure and boosting light product yields.
Asian shares mostly eased on Monday with South Korea retreating from record highs on fears the government may move to cool the market, while Brent crude was about $1 away from its highest level due to supply worries.
Nora Bannerman checks the pristine white uniforms made for American pharmacist Walgreens in her factory in the humid heart of the Ghanaian capital Accra.
China, reeling from a series of health scandals, on Friday told food and drug companies to put safety first and urged the media to paint a rosier picture as the government scrambled to quell public alarm.
British Prime Minister Gordon Brown denied on Friday a shift in foreign policy away from the United States after one of his ministers told an audience there that a country's strength depended on alliances not military might.
Rio Tinto Ltd.'s $38.1 billion takeover of Alcan Inc. is set to reap benefits from not just China's appetite for aluminum, but also the bauxite and alumina needed to make it, analysts said on Friday.
Two urban commercial banks in China plan to issue IPO
The Bank of Nanjing Co. and Bank of Ningbo Co. plan to raise a combined 11.07 billion Yuan ($1.46 billion) through initial public offerings, the first batch of urban commercial Chinese banks to list in local stock exchanges.
U.S. Steel Corp.'s chief executive on Thursday called for China to rein-in its steel industry to calm simmering trade tensions.
Anglo-Australian miner Rio Tinto Ltd/Plc has agreed to buy Canada's Alcan Inc. for $38.1 billion to create the world's biggest aluminum producer, the two firms said on Thursday.
