Poland's banking sector faces an overall net loss of about 2-3 billion zlotys ($582-873 million) due to higher financing costs and credit risk, the head of Poland's leading bank PKO BP PKOB.
Ford Motor Co announced further production stoppages at its European operations and warned of more possible cuts ahead as it tries to combat a sharp decline in demand.
On March 10, the total number of U.S. soldier deaths stood at 4,256 who died since the Iraq war began the same month six years ago according to an Associated Press count.
The market for government-level emissions rights under the Kyoto Protocol is alive and well, mostly unfazed by the global economic downturn. Through the most opaque of the emissions trading schemes under the Kyoto climate change pact, nations comfortably below greenhouse gas targets can sell excess emissions rights to other countries in the form of credits called Assigned Amount Units (AAUs).
something that is anathema to many U.S. politicians, executives and voters.
This gives you the sense that authorities' worries have intensified that problems relating to the U.S. economy may potentially spill over to the rest of the world, said Sailesh Jha, senior regional economist at Barclays Capital, in Singapore.
At a summit in Berlin on Sunday, European Union leaders backed a doubling...
Kyrgyzstan's parliament voted on Thursday to close the last remaining U.S. air base in Central Asia, dealing a blow to U.S. efforts to use the region as a jumping-off point for its growing campaign in Afghanistan.
Afghanistan is turning a new page in relations with the United States, an Afghan presidential spokesman said on Wednesday, as U.S. President Barack Obama ordered 17,000 more troops deployed to battle Taliban insurgents.
McDonalds Corp, in contrast with struggling competitors and the overall retail market, plans to expand greatly in 2009 in Europe, a senior executive said on Friday.
On Tuesday Russian gas supply pumped to Europe through Ukraine resumed following a two week long price battle with Ukraine.
T-Mobile is gearing up to launch G1 phones across Europe with prices starting at 1 Euro for a two-year contract.
European Union officials on Monday played down the impact of the gas dispute between Ukraine and Russia despite supply disruptions that are making some countries in Europe dip into gas reserves.
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Warning that if the EU s Emissions Trading System (ETS) is not implemented properly it will spell negative impact, the WWF said that polluting electricity generators in Eur...
NATO allies agreed Thursday to give President Bush strong support for a missile-defense system to be installed in Europe in spite of strong Russian resistance, and conceded to provide more troops in Afghanistan.
World's two fastest growing economies, China and India, have earned the dubious distinction of being home to some of the biggest polluting firms across the globe, according to a list published by Carbon Monitoring for Action (CARMA), a product of the Confronting Climate Change Initiative at the Center for Global Development, an independent think-tank located in Washington, DC.
A delectable opening in Germany helped Ratatouille take the top spot at the international box office, with estimated weekend ticket sales of $19.7 million from 30 markets.
Indian outsourcing companies are shifting some of their operations to China, the Philippines, Vietnam and Kenya in a bid to stay competitive as higher wages, expensive property prices and a rising rupee eat into profits.
Your mobile phone may be one of the last spots around that's relatively free of advertising -- but not for long.
News Corp. will not pull its television shows from Apple's iTunes as rival media group NBC Universal has done over a pricing dispute, President Peter Chernin said in an interview on Tuesday. He said News Corp was not in a dispute with Apple, though it would like a bigger voice in pricing its shows.
U.S. meat company Smithfield Foods Inc.'s once ravenous appetite for growth may be abating as the company may now focus on paying down debt, according to comments made on Wednesday by its chief executive.
Nestle SA, the world's largest food company, expects U.S. volume growth of its bottled water brands to improve in the next few months as comparisons with last year become easier, an executive said on Tuesday.
Rupert Murdoch said he had no plans to raise his $5 billion bid for media group Dow Jones & Co. Inc. and expected final approval from the controlling Bancroft family within two to three weeks, 'if at all.'
The European Union breathed a sigh of relief over the weekend after the bloc's leaders agreed on a way to reform its institutions, but critics from Britain to the Netherlands called for referendums that could derail a deal.