An attempt by Rupert Murdoch to draw a line under an escalating phone-hacking scandal looked set to fail on Friday with a host of lawyers going to court to join forces against his British newspaper publishing arm.
South African President Jacob Zuma on Friday added his voice to criticism of the United States for pursuing loose policies that he said are putting the world economy at risk.
Moussa Koussa, the former Libyan foreign minister who defected to Britain and is now attending the peace summit in Qatar, might decide not to return to the UK, European and Arab diplomats have suggested.
The European Union (EU) said it has lifted sanctions against Moussa Koussa, the most prominent member of Moammar Gaddafi’s regime to have defected.
Spotify, the popular European online music service, has told record labels it will cut down the free music it allows users to access without a paid subscription, according to people familiar with the plan.
British Prime Minister David Cameron's first speech on immigration.
Controversy has erupted in British political circles over a speech on immigration that Prime Minister David Cameron delivered today.
NATO foreign ministers will review the Libyan situation on Thursday, more than two weeks after the western military bloc took command of air strikes on pro-Gaddafi military bastions in strife-torn Libya.
Commodities giant Glencore is set to launch a roughly $10 billion public offering on Thursday, when it outlines plans for a May market debut that will make multi-millionaires of its partners and boost its deal-making capacity.
The American financial elites have become obscenely rich, especially compared to their counterparts in the developed world.
Iceland's credit ratings could be downgraded into junk debt status after its voters rejected a deal to repay Britain and the Netherlands for losses from a banking crash, Standard & Poor's said on Wednesday.
However, one the most bizarre and unlikely “partners in crime” with Gaddafi was probably Nick Griffin, the British ultra-nationalist who is now the head of the British National Party (BNP),
The international “contact group” that is meeting in Qatar to discuss the crisis in Libya has agreed to establish a temporary “trust fund” that will be used to move financial assistance to rebel groups seeking to topple Moammar Gaddafi.
Consumer goods giants Unilever and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries.
Consumer goods giants Unilever
and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries.The British Foreign Secretary William Hague has proposed the establishment of an international fund to assist opposition groups in Libya seeking to topple Moammar Gaddafi.
Government officials from around the world have gathered in Doha, Qatar for a summit on finding a resolution to the crisis in Libya after weeks of deadly fighting and fears of a military deadlock.
Consumer goods giants Unilever
and Procter & Gamble were fined 315.2 million euros ($456 million) by EU regulators on Wednesday for fixing washing powder prices in eight EU countries.Investors retreated from stocks, oil and other risky assets as a worsening nuclear situation in Japan and a lackluster start to the U.S.'s corporate earnings season cast doubt over the global economic recovery. The Dow Jones Industrial Average dropped 117.53 points, or 0.95%, to 12263.58, while the Standard & Poor's 500-stock index lost 10.30 points, or 0.78%, at 1314.16, and the Nasdaq Composite fell 26.72 points, or 0.96%, to 2744.79.
Former Libyan strongman Moussa Koussa, who is strongly believed to have played a role in the infamous Lockerbie bombing, was allowed to leave London on Tuesday. Britain's coalition government has been accused of offering a transit lounge for alleged war criminals after a foreign office spokesperson said Koussa was free to come and go.
Asian shares fell Tuesday on selling prompted by Japan declaring its nuclear crisis a match for the Chernobyl disaster in severity and after the International Monetary Fund said global economic growth should slow this year as new risks emerge.
A senior U.S. Treasury Department official said on Tuesday the G20 expects to make progress on guidelines for identifying economic imbalances this week and soon will be able to list countries with problems.
