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Patent filings at record high, China UP 33%: WIPO

International filings for patent protection, a key indicator of technological innovation in major economies, hit an all-time record last year driven by growth in China and other middle- income countries, a United Nations agency said on Monday.
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EU moves closer to quotas for women on boards

The European Commission moved one step closer on Monday to forcing companies to increase the number of women on their boards with a consultation on imposed quotas that could prove divisive among some member states and industry bodies.
Syria Protest

Red Cross Kept from Delivering Aid to Rebel Stronghold in Homs

The International Committee of the Red Cross delivered emergency aid to areas near the battered Baba Amro district of Homs Sunday, but, for the third day running, the Syrian goverment kept it out of the former rebel bastion amid reports of bloody reprisals by Assad regime forces.
People's Liberation Army China

China Boosts Defense Budget by 11.2 Percent

China will boost military spending by 11.2 percent this year, the government said on Sunday, unveiling Beijing's first defense budget since President Barack Obama launched a pivot to reinforce U.S. influence across the Asia-Pacific.
China military

China Boosts Defense Budget for 2012 by 11.2%

China will increase its defense spending by 11.2 percent this year, a government representative said on Sunday when the country disclosed its military budget. It will spend 670 billion yuan ($106.4 billion) on defense in 2012, which represents an increase of $14.4 billion over the $92 billion spent on the military in 2011.
Iranian Parlimentary Election Results

Iran Elections 2012: Polling Results Indicate End to Ahmadinejad Rule

The results from Iran's Parliamentary elections, which took place on Fri., March 2, trickled in on Saturday. The results so far indicate that the Broad Principalist Coalition, a political organization founded in 2008 by Supreme Leader Ayatollah Ali Khamanei to oppose Iranian President Mahmoud Ahmadinejad, will win in a landslide, signifying the end of Ahmadinejad's rule.
A woman holds her identification in front of her face as she rests after voting at a polling station during Iran's parliamentary election in southern Tehran March 2, 2012.

Mahmoud Ahmadinejad May be Biggest Loser in Iran's Election

Iran's President Mahmoud Ahmadinejad may be the biggest loser -- and the country's Supreme Leader Ayatollah Ali Khamenei may be the biggest winner -- in the parliamentary elections conducted Friday, but the final results will not be known for two or three days.
Adam Shaw, a Louisiana oilfield diver assigned to the Premier Explorer, performs a surveillance mission during a controlled fire of the oil-covered waters in the Gulf of Mexico May 7, 2010. The U.S. Coast Guard working in partnership with BP PLC, local re

Deal Reached in BP's Deepwater Horizon Oil-Spill Disaster Case

BP PLC and plaintiffs in the largest lawsuit filed in the wake of the Deepwater Horizon oil-spill disaster in the Gulf of Mexico in 2010 have agreed on the terms of a proposed class settlement, according to an order signed late Friday by the judge handling the case.

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