Flight Near for Dreamliner; Bailout Funds for Small Biz; U.S. Credit Remains Top Level
Europe's new military transport plane, the Airbus A400M, made its first test flight on Friday as buyers resumed talks on how to keep the delayed 20 billion euro ($29.5 billion) project airborne.
The top sovereign credit ratings of Britain and the United States are not under threat of a downgrade right now, but a worst case scenario foresees a cut by 2013, analysts from Moody's Investors Service said on Friday.
Asian stocks, oil and most metals rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, while the yen dipped against the dollar.
The latest buzz online is that Dell is planning to unveil a tablet PC, possibly using the gala Consumer Electronics Shows in Las Vegas next month for its debut.
As over 15000 politicians and delegates gather in Copenhagen for the UN's Climate Change conference , a separate conference in Denmark also occurred, comprising of scientists and lobby groups.
As over 15000 politicians and delegates gather in Copenhagen for the UN's Climate Change conference , a separate conference in Denmark also occurred, comprising of scientists and lobby groups.
Over 1,700 scientists in the U.K. signed a statement on Thursday, stating that they agree with evidence that shows humans are responsible for climate change.
The Australian Dollar opens higher today at 0.9160 and received a boost on Thursday from better than expected local jobs data.
The Obama administration's pay czar plans to announce on Friday his next wave of rulings as bailout recipients struggle to get out from under his thumb.
Goldman Sachs Group Inc plans to pay top managers their 2009 bonuses in stock, rather than cash, as it seeks to deflect outrage over a near-record pay haul months after it repaid billions of dollars in taxpayer aid.
H1N1 pandemic swine flu is far less lethal than feared, British scientists said on Wednesday, but public health officials should not be complacent in fighting it and vaccination campaigns should continue.
British Prime Minister Gordon Brown and French President Nicolas Sarkozy are in complete agreement on moves to tax bankers' bonuses, Brown's spokesman said on Thursday after the two leaders met.
The United States, Britain and France warned Iran on Thursday that it would face further sanctions if it continued to flout international demands that it halt sensitive nuclear activities.
Prime Minister Gordon Brown and French President Nicolas Sarkozy called for an exceptional tax on global bank bonuses in a joint newspaper column on Thursday.
Fraudulent trading in European Union carbon emissions credits in the past 18 months has led to more than 5 billion euros in tax revenue losses for several EU nations, European police agency Europol said in a statement.
Gurinder Chadha, the director behind the hit Bend it Like Beckham, is one of a trio of Indian-origin women directors wowing the world with their unique style. But unlike Deepa Mehta or Mira Nair, Chadha makes films with a distinctly earthy feel.
The Bank of England left its asset purchase programme intact at 200 billion pounds ($325 billion) and held interest rates at 0.5 percent on Thursday, as widely expected.
General Motors's turnaround plan for its European carmaker Opel will likely be completed only in January, GM Europe President Nick Reilly wrote in a blog posting on Thursday.
The Bank of England left its asset purchase programme intact at 200 billion pounds ($325 billion) and held interest rates at 0.5 percent on Thursday, as widely expected.
British and Irish workers at Cadbury Plc will launch a major campaign on Tuesday to fend off a hostile bid from Kraft Foods Inc and so avoid job losses and pay cuts at the confectionery maker.
Government bonds in Australia and South Korea fell on Thursday as investors pushed forward expectations for interest rate rises in 2010 because of bullish growth views, while Asian stocks slid on year-end profit taking.
