U.S. congress has begun investigating climate scientists whose emails and documents were hacked into to see if their global warming theories have misrepresented the truth behind the cause of climate change.
China is preparing to unveil a target to curb carbon emissions ahead of a major climate summit in Copenhagen next month, but experts and negotiators worry Beijing's much-anticipated figure may disappoint.
Dubai struggled to ease fears of debt default on Thursday after its move to delay repayments at two flagship firms shook confidence in the Middle East as a center for investment and a source of capital.
LinkedIn, the world's biggest professional social network, will probably pursue an initial public offering some time but not in the near future, co-founder and executive chairman Reid Hoffman told Reuters.
Lloyds Banking Group investors on Thursday overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis.
World powers are demanding that Iran immediately mothball a uranium enrichment site it hid for years, heightening fears it is planning to build atom bombs, in a resolution to be voted on by U.N. nuclear watchdog governors.
European banks were hit by concern about potential exposure to debt problems in Dubai on Thursday, while companies where Middle Eastern investors own big stakes also came under pressure.
Shares in banks, builders and companies part-owned in the Middle East fell around the world on Thursday and investors sought safety in government bonds on worries about Dubai's ability to pay its debts.
General Motors targeted Germany on Wednesday for the bulk of 9,000 planned job cuts at European arm Opel, turning the tables on the country that lobbied hardest for an Opel sale to Canada's Magna.
The Australian Dollar opens higher today at 0.9310 after a positive local session. Support held on Wednesday morning at US92 cents followed by a steady climb during Asian trade to an intraday peak of 0.9252.
The head of the London Stock Exchange on Wednesday called for a harmonized, pan-European regulatory framework for central clearing houses to help bring down costs and increase trading volumes in the region.
General Motors targeted Germany on Wednesday for the bulk of 9,000 planned job cuts at European arm Opel, turning the tables on the country that lobbied hardest for an Opel sale to Canada's Magna.
Better home insulation and ventilation and using electricity instead of fossil fuels could reduce indoor pollution and save thousands of lives, especially in low-income countries like India, a study has found.
ING won shareholder approval for the breakup of the Dutch bank and insurance group and a 7.5 billion euro ($11.18 billion) rights issue on Wednesday, paving the way for it to pay back state support.
A Cadbury workers union held constructive talks with U.S. suitor Kraft Foods after the two sides met to discuss jobs, pensions and working conditions on Wednesday, a union official said.
London Stock Exchange Chief Executive Xavier Rolet said the success of his strategy to counter intense competition from upstart rivals in UK cash equity trading should be clear within six to nine months.
British Prime Minister Gordon Brown is optimistic other allies will send more troops to Afghanistan, backing up an expected sharp increase in U.S. forces, according to a letter to NATO released on Wednesday.
The World Health Organization is looking into reports in Britain and the United States that the H1N1 flu may have developed resistance to Tamiflu in people with severely suppressed immune systems, a spokesman said Tuesday.
SAIC Motor Corp aims to double the sales of its own-brand cars to 180,000 in 2010, its president said on Monday, as the top Chinese automaker seeks to tap the lucrative mid- to higher-end market currently dominated by foreign rivals.
U.S. private equity investor JC Flowers is circling Britain's weakened banking industry, prepared to swoop on forced divestments over the next 12 months, according to the firm's new European and Asia Pacific boss.
Iran could consider sending its low-enriched uranium abroad, the Foreign Ministry said on Tuesday, apparently softening its opposition to a U.N. plan aimed at keeping a check on its nuclear ambitions.
The Australian Dollar opens lower today against the greenback at 0.9202. The risk appetite that buoyed the Aussie on Monday night evaporated yesterday after news emerged from China that it's banking regulator issued a stern warning to banks regarding strict adherence to capital requirements or face sanctions.
