IBT Staff Reporter

The Organisation for Economic Co-operation and Development said on Friday that it regretted Switzerland's decision to veto part of the OECD's budget in a dispute over bank secrecy in the Alpine tax haven.

Dutch utility Nuon, which Swedish energy group Vattenfall is partially buying, said on Thursday it would start building a test carbon-capture facility at one of its power plants in the Netherlands.

Japan's Nissan Motor Co and France's Renault said on Friday they will supply electric cars to China, the world's largest auto market.

POSCO, the world's No. 4 steelmaker, said on Friday it was in a preliminary deal with Rio Tinto for a 20 percent discount in iron ore term prices, but is seeking for prices to go down even further

U.S. stocks typically rebound six months before the economy, but investors worry that the current 25 percent rally since the market's March 9 low could be a red herring.

HSBC Global Asset Management says it is finally seeing inflows into some of its hedge funds and believes it may have reached a tipping point after a tough period of client withdrawals.

Dog-crazy Americans will soon be able to buy a pet-friendly car with a cushioned dog bed in the trunk, fitted with a built-in water bowl and fan and a ramp to help less agile dogs climb in.

Japan's latest burst of economic stimulus spending is aimed at promoting energy-efficient products made by recession-hit exporters, but analysts say it is unlikely to help the world's fifth-biggest polluter cut greenhouse gas emissions.

Thai troops repelled anti-government protesters at a resort hosting an Asian summit on Friday as leaders began arriving for a meeting meant to focus on the global financial crisis.

Islamic finance is slowing as the global financial crisis hits its hubs in Malaysia and the Gulf, but the sector now has a chance to move on to Western economies seeking to boost their financial centers.

Buying or selling your car in an auction can give you a headache if you do not have any idea what you are getting yourself into.

North Korean leader Kim Jong-il put to rest this week any doubt about whom he sees as his second in command when he elevated his brother-in-law Jang Song-taek to a powerful military post, analysts said on Friday.

Somali pirates holding an American on a drifting lifeboat vowed on Friday to fight any attack by U.S. naval forces and reportedly recaptured their hostage when he jumped overboard to escape.

If you are buying a used car, you probably want to save some money. This means that you need to prioritize what is most important to you in a car.

An advanced solar car that can cruise in a range from 50 to 60 miles per hour and weighs less than 500 pounds is being developed by students at the Massachusetts Institute of Technology.

A Florida utility and a real estate developer are aiming to bring the country's first solar-powered city to the Sunshine State.

The diesel engine has a long history that is intertwined closely with economic and other issues of the time.

As oil prices continue to increase amid depleting supplies and rapid growth in demand, all economies globally are feeling the setbacks of the need to curtail excessive consumption of fuel.

Ford has always been a forerunner in the market of full-size trucks and vans.In terms of strength and durability in heavy-duty vehicles,Ford outraces its competitors.

There was a time when a Chrysler‘s performance, quality and technology was unquestioned. Chrysler Corporation was one of the most successful carmakers in the world until the early 1990s.

Many people claim to worry about the environment, but continue to drive their exhaust polluting vehicles through a thick layer of smog.

In the past months we have seen the price of gasoline soar higher than ever before, and this can be hard on people who have a budget that is tight.

Purchasing a used car can be a wise financial decision, costing you thousands of dollars less than a brand new vehicle from a dealership.

Owning a car is very expensive. The real expense involves much more than your purchase price, or monthly car payment.

U.S. bank Wells Fargo forecast a record profit, South Korea steered clear of recession, and Chinese export data beat expectations, all offering hope that the worst of the financial crisis had passed.

Thinking about a used car extended warranty? Nervous about what's under the hood?

Acquiring a rental can be a best deal to save thousands of dollars in your pocket. There are many things to consider.

The auto auction is where many used car dealers go to find deals for their company. This usually consists of the used car sales manager heading to the auto auction and buying the cars that he or she thinks will turn the biggest profit for their dealership.

In the fast-paced world we live in, owning cars is an essential necessity in life. With a car, you can manage your life easier, and more efficiently.