The Japanese government will seek the resignation of the Tokyo Electric Power Co.'s (Tepco's) board of directors at a shareholder meeting in June in return for injecting $13 billion of public funds, the Mainichi newspaper said on Saturday.
Leaders in the euro zone may not be able to meet international demands to bolster their own funds for bailing out the bloc's debtors when they meet next week because Germany is showing no sign of dropping its opposition to the plan, officials in the euro zone said.
American NGOs fund the protests that hold India back from building the nuclear reactors it needs to meet fast-growing energy needs, Prime Minister Manmohan Singh said in an interview published in Science magazine on Friday.
The Japanese government will seek the resignation of Tokyo Electric's <9501.T> board of directors at a shareholder meeting in June in return for injecting $13 billion of public funds, the Mainichi newspaper said on Saturday.
World economic powers at a Group of 20 gathering in Mexico City told Europe on Friday it would have to do more to fight its financial crisis before they agree to provide backup in the form of a bigger International Monetary Fund war chest.
Boeing Co. appointed a new executive to oversee the production of the carbon-plastic 787 Dreamliner to make sure that the delays are overcome and targets are achieved.
Boeing Co said it swapped the heads of its 787 Dreamliner and 777 programs, tapping the skills of the long-time 777 leader to ensure the delayed Dreamliner program hits a production rate target that many experts believe is unrealistic.
Treasury officials announced Thursday the freezing of the financial assets held by Japan's Yamaguchi-gumi yakuza family, its leaders, and members of the Brothers' Circle.
Japan is attending the “Friends of Syria” peace summit in Tunisia, which is seeking answers to relieve the suffering of the Syrian people and to put an end to Assad’s crackdown
Neutrinos which appeared to have undermined a basic law of the universe by exceeding the speed of light might have done so even faster than first thought - or might not have done it at all, physicists in Italy said on Thursday.
Citigroup Inc. (NYSE: C) raised $1.9 billion, a much-needed piece of capital, from the sale of its entire stake in Indian's giant mortgage lender Housing Development Finance Corp.
Citigroup sold its stake in Housing Development Finance Corp (HDFC) for $1.9 billion, as global banks focus on shoring up their balance sheets to meet stricter capital requirements.
In the G-20 meeting to be held in Mexico City from Feb. 25, the U.S., China and Japan will ask Europe to take additional steps to solve the economic crisis before it could receive external help.
Asian shares crept higher Friday as solid U.S. data improved sentiment, but gains may be limited by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent rallies.
Japan's Nikkei share average extended its rally and rose to a 6-1/2-month high on Friday above 9,600, heading for its best February performance in two decades.
Asian shares rose Friday as solid U.S. data improved sentiment, but the upside may be capped by concerns that rising oil prices could deal a further blow to the fragile euro zone economy and moves to take profits after recent gains.
The U.S. would like to ultimately recharge talks on disarmament, a process that would involve as total of six nations -- North Korea, South Korea, U.S., China, Russia and Japan.
Twelve soldiers of the Indian Army were killed after being trapped in avalanches that hit two army camps in Kashmir, an army official told media Thursday.
President Barack Obama has made a proposal to lower the corporate tax rate to 28 percent from 35 percent in an attempt to ensure that companies will be paying less in taxes for the U.S. to remain competitive globally. The proposal could intensify the tax-reform debate with the Presidential election approaching.
Warren Buffett's Berkshire Hathaway is pushing into the Thai reinsurance market and selling cover for higher rates, taking advantage of the retreat of competitors such as France's CCR after they suffered losses from last year's floods.
The United States said on Wednesday it was still considering whether to support Japan's bid to join talks on a trans-Pacific regional free trade agreement, three months after Tokyo announced interest in the negotiations.
China issued a formal complaint to Japan on Wednesday after Nanjing severs ties with Nagoya.
