IBT Staff Reporter

Norwegian telecom firm Telenor will become the 12th operator in the Indian market when it launches its operations on Thursday, a company statement said.

Britain is to shift to a smart energy system, including a national smart grid, which should pave the way to a low carbon future that includes large wind farms, more efficient heating systems and electric vehicles.

The golf superstar Tiger Woods has apologized to his family for transgressions and he released a statement Wednesday on his web site with the headline Tiger comments on current events.

National Grid Plc and Cape Wind have agreed to enter negotiations for a long-term contract under which the power utility operator would buy power generated by Cape Wind's proposed offshore wind farm, Massachusetts Gov. Deval Patrick said on Wednesday.

Financial benefits from climate change legislation for U.S. farmers will greatly outweigh any additional costs they face from measures limiting greenhouse gas emissions, U.S. Agriculture Secretary Tom Vilsack said on Wednesday.

U.S. securities regulators have stepped up their probes of hedge funds and are asking some firms to hand over information about their performance and trades, a source familiar with the matter said on Wednesday.

Residential and small commercial solar energy integrator Real Goods Solar said it signed a multi-site contract to design and install 790 kilowatt of photovoltaic systems, sending its shares up nearly 16 percent.

U.S. central bankers should not let pockets of weakness distract them from fighting inflation as the economy recovers, Richmond Federal Reserve Bank President Jeffrey Lacker said on Wednesday.

General Growth Properties reached agreements with additional lenders to extend loans on its shopping centers and other properties and will ask a judge later this month to approve the plan that so far covers $9.7 billion of its secured debt.

Alberta's sprawling tar sands region holds the second largest oil reserve in the world after Saudi Arabia, but investors lured by the promise of black gold should think twice about the environmental risks, a Canadian investment fund warns.

Alberta intends to spend C$285 million ($271 million) to help fund a coal-gasification project that would both produce electricity and capture carbon for use in boosting oil production from old fields, it said on Tuesday.

European Union carbon emissions futures paused for breath on Wednesday, after a two percent rally in the previous session. EU Allowances (EUAs) inched down 4 cents or 0.30 percent to 13.45 euros ($20.27) a tonne at 1209 GMT with light volume at 1,090 lots.

ConocoPhillips said on Wednesday it plans to spend 10 percent less in 2010 as the third-largest U.S. oil and gas company slims down and sharpens its focus in response to volatile energy markets.

Smart financing can multiply limited public funds to fight climate change, say investors targeting a financing gap and a major stumbling block for the world to agree a new climate deal.

Sharing the cost of fighting climate change is one of the main sticking points to agree a global

Tiger Woods admits 'transgressions' amid 3 lovers scandalTiger Woods issued a whole hearted apology for his transgressions, after numerous reports emerged involving the world famous golfer with apparently three different women.

India thinks it may be possible to cut its carbon intensity by 24 percent by 2020 compared with 2005 levels, according to provisional government estimates obtained by Reuters Wednesday.

U.S. central bankers should not let pockets of weakness in the economy distract them from fighting inflation, Richmond Federal Reserve Bank President Jeffrey Lacker said on Wednesday.

Rachel Uchitel, one of the women Tiger Woods allegedly had an affair with has denied any involvement with the golf star but details have surfaced revealing the opposite.

The U.S. labor market improved in November, with the number of jobs lost in the private sector falling again and the number of planned layoffs also easing, separate reports showed on Wednesday.

The Dow and S&P slipped on Wednesday, with falling oil prices prompting investors to sell some energy shares and concerns about bank profits pressuring the financial sector.

The weak U.S. economy is improving modestly with little upward pressure on wages and finished goods despite commodity price gains, the Federal Reserve said on Wednesday in a report that gives it little reason to move from its current ultra-low interest rates.

U.S. online shoppers spent 5 percent more this Cyber Monday than they did last year as more consumers flocked to the Web for holiday shopping but spent slightly less per person, analytics firm comScore Inc said on Wednesday.

U.S. online shoppers spent 5 percent more this Cyber Monday than they did last year as more consumers flocked to the Web for holiday shopping but spent slightly less per person, analytics firm comScore Inc said on Wednesday.

Kalika Moquin has become the third woman to be added on to the list of Tiger Woods' list of alleged affairs joining Rachel Uchitel and Jaimee Grubbs.

NATO Secretary-General Anders Fogh Rasmussen said Wednesday the European and other U.S. allies will send more than 5,000 new troops to Afghanistan, declaring that the war is not America's alone.

No major new refineries have been built in the United States since the 1970s, but that does not mean that U.S. refinery capacity has not grown. Refiners can increase capacity at existing sites by modifying equipment to increase product flow and by adding new distillation units. Consequently, though U.S. crude oil distillation capacity declined in the early 1980s, it has risen since the mid-1990s (Figure 1) due to these kinds of investments. From 1997 to 2009, total U.S. refining capacity increas...

More than one-fourth of U.S. households do not use traditional banking services, according to a study released by federal bank regulators on Wednesday.

Google offered publishers a way to attract paying subscribers without having to remove their content from Google News search results, after Rupert Murdoch and others accused it of profiting from their news.