The U.N. Security Council, at a summit chaired by U.S. President Barack Obama, unanimously approved a resolution on Thursday that envisaged a world without nuclear weapons.
President Barack Obama arrived at the Group of 20 summit in Pittsburgh on Thursday with an ambitious agenda to crack down on banks' risky behavior and rebuild the global economy on a more stable footing.
Yesterday's Australian New Home Sales data added support to the Aussie dollar during local trade with the 11.4% rise catching most analysts by surprise. The local unit appeared destined to test the psychological 88 cent barrier in early European trade however resistance between 0.8760 and 0.8780 capped any further advances for the fifth time in a week. In a stark reminder of the vulnerability of the Aussie dollar to a return to broad risk aversion North American equity markets fell around 1% fol...
Global leaders will institutionalise the G20 as the world's main economic governing council, British Prime Minister Gordon Brown said on Thursday.
American Greetings Corp posted a 10-fold jump in quarterly profit, helped by lower expenses and improved inventory management, sending its shares up as much as 27 percent to their highest in more than a year.
Some 3,000 Opel workers and union leaders from across Europe protested on Wednesday against the threatened closure of the carmaker's plant in Belgium and plans to cut the workforce by a fifth.
Germany will seek a good European solution over state aid to loss-making carmaker Opel, and does not expect the European Union to block any deal, Economy Minister Karl-Theodor zu Guttenberg said on Thursday.
China dampened expectations of further sanctions on Iran Thursday, telling other major powers that putting even more pressure on Tehran would not persuade it to halt its nuclear program.
World stocks slipped from the previous day's 11-month high on Thursday as falling oil prices and caution ahead of the Group of 20 summit prompted investors to cut back on risky assets.
The U.N. Security Council, at a summit chaired by U.S. President Barack Obama, unanimously approved a resolution on Thursday calling on nuclear weapons states to scrap their arsenals.
A U.S. drive to build a more balanced global economy gained the qualified support of China on Wednesday in a sign that Group of 20 leaders may be ready to take joint action to prevent future economic crises.
It pays to be discerning when interpreting the vast increases in reported statistics concerning pre-and post-MBA salaries.
The Aussie dollar rallied during yesterday's Asian session on the back of an increase in demand for high yielders led by a surge in the Kiwi dollar.
U.S. President Barack Obama said he and Russian President Dmitry Medvedev agreed on Wednesday that serious additional sanctions must be considered if Iran does not respond to proposals to end a nuclear standoff.
China offered some support on Wednesday to U.S. plans to build a more balanced global economy, as world leaders seek to agree ways to nurture a tentative recovery and prevent future crises.
Muammar Gaddafi, in his first address to the United Nations in 40 years as Libya's autocratic ruler, on Wednesday accused major powers on the Security Council of betraying the principles of the U.N. charter.
A blockbuster sci-fi movie which caricatures Nigerians as gangsters and cannibals and a Sony PlayStation advert which implies they are fraudsters have infuriated a government battling to improve the country's image.
U.S. fund manager BlackRock gained European Union regulatory approval on Wednesday for its acquisition of a Barclays investment unit for $13.5 billion in cash and shares.
The European Union unveiled its blueprint for an overhaul of the way banks and financial markets are policed, a central plank in new rules designed to prevent a repeat of the global economic crisis.
Cancer is a bigger killer in developing countries than tuberculosis, malaria and AIDS combined and a tsunami of the disease threatens to overwhelm the nations worst equipped to cope, experts said Tuesday.
The European Union unveiled its blueprint on Wednesday for an overhaul of the way banks and financial markets are policed, a central plank to new rules designed to prevent a repeat of the global economic crisis.
India's prime minister called on Group of 20 nations on Wednesday to send a strong warning against protectionism this week as world leaders seek to shore up a tentative global recovery and prevent future economic crises.
