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Global Carbon Emissions Reach Record 10 Billion Tonnes

Global Carbon Emissions Reach Record 10 Billion Tons: Study

Carbon dioxide emissions from the burning of fossil fuels reached 10 billion tonnes in 2010, the first time such an amount has ever been reached, according to an editorial Sunday.

Stock futures rise on euro zone summit optimism

Trader John Panin works on the floor of the New York Stock Exchange

Stock index futures rose on Monday, building on the previous week's strong gains, as optimism grew that the upcoming European Union summit would break new ground to resolve the euro zone debt crisis.

Joe Biden: U.S. 'Stands in Solidarity' with Greece

Biden met with Greece President Karolos Papoulias on Monday before beginning talks with new Greek Prime Minister Lucas Papademos. Biden arrived in Greece after traveling from Turkey. This week is seen as crucial for the struggling Eurozone. Italy's new government unveiled austerity measures that European leaders hope will be the start of a turning point in the struggle to keep the euro intact.

Oil Prices Rise on Iran Sanction Concerns

Oil prices ratcheted up on Monday morning on concerns that tension between Iran and Western countries could lead to an oil distribution disruption and a potential shortage.

More news

Traders work on the floor of the New York Stock Exchange

What to Look for in the Markets This Week

The catalyst for strong equities has been centered on the developments in Europe

Palash Ghosh Dec 04, 2011

Iranian Armed Forces Shoot Down U.S. RQ-170 Drone: State TV

Iran's military said on Sunday it had shot down a U.S. reconnaissance drone aircraft in eastern Iran, a military source told state television.

J.J. McGrath Dec 04, 2011

Iranian Foreign Ministry Spokesman Ramin Mehmanparast speaks with a Reuters correspondent during an interview in Tehran June 29, 2011.

Ban on Export of Oil Would Lead to Price over $250 a Barrel: Iran

Iran's Foreign Ministry believes that if the West seriously considered blocking Tehran's ability to export oil, the global price of crude would more than double, Foreign Ministry representative Ramin Mehmanparast was quoted as saying on Sunday.

J.J. McGrath Dec 04, 2011

Countries May Clear Deadlock on Greenhouse Gases Cut: UN Climate Chief

The U.N.'s climate chief said that she believes countries can snap the deadlock that has lasted for years and sign up to fresh and binding commitments to cut greenhouse gases.

Raymond Ronamai Dec 04, 2011

Demonstrators march against Syria's President Bashar al-Assad in Deir Balaba near Homs

Two Dozen Killed in Fresh Syrian Clashes

At least two dozen people have died in renewed fighting in the northern part of Syria between security forces loyal to President Bashar al-Assad and members of the Free Syria Army (FSA), amid fears the country is descending into a state of civil war.

Palash Ghosh Dec 03, 2011

Members of the Basij militia wait outside Tehran's Mehrabad airport to welcome diplomats expelled from Britain

France Recalls Some Diplomatic Staff from Iran

Paris officials went to great pains to explain that this was only a temporary security measure.

Palash Ghosh Dec 03, 2011

Overnight Clashes in Northern Syria Kills 15 People: Activists

Overnight clashes between security forces and army defectors in northern Syria left 15 people dead early Saturday, activists said. Seven were soldiers, five were defectors, and three were civilians.

J.J. McGrath Dec 03, 2011

U.S. Treasury Secretary Timothy Geithner to Urge European Leaders to Take Action

U.S. Treasury Secretary Timothy Geithner is set to urge key European officials to take decisive action next week at a make-or-break summit to prevent a debt crisis from turning into runaway contagion.

J.J. McGrath Dec 03, 2011

Germany's FM Schaeuble gives a speech during an event marking the 40th anniversary of the Reuters German language service in Berlin

Sovereign-Debt Funds Needed in All Eurozone States: Germany

Every country in the Eurozone needs to set up a special national fund for sovereign debt that is more than 60 percent of gross domestic product, Germany's finance minister told a newspaper in comments released on Saturday.

IBT Staff Reporter Dec 02, 2011

U.S. Stock Market Friday Caps Best Week in About 3 Years

Stocks ended flat on Friday but capped the best week for Wall Street bulls in almost three years after data showed the U.S. unemployment rate dropped to a 2-1/2 year low.

Joseph Lazzaro Dec 02, 2011

Loonie ends weaker on soft jobs data, euro fears

The Canadian dollar ended weaker against the U.S. currency on Friday, following the euro lower, as worries about Europe's debt crisis and disappointing domestic employment data ended a four-day winning streak.

IBT Staff Reporter Dec 02, 2011

TSX little changed, Kinross drop offsets China

TSX climbs on banks, Europe hopes

Toronto's main stock index was higher on Friday morning, on track to post its biggest weekly gain in more than two years, pushed up by strong bank earnings, encouraging U.S. jobs data and talk of more action to ease Europe's debt.

IBT Staff Reporter Dec 02, 2011

iPhone Ban in Syria: Steve Jobs’ Dad Gets Involved

Abdulfattah John Jandali, Steve Jobs' biological father, has declared his support for the Syrian protesters after the government banned his son's invention, Apple iPhone throughout the country.

Dave Smith Dec 02, 2011

Overview of the Human Rights Council special session on the situation in Syria at the United Nations in Geneva

United Nations Chief Urges Syria's Referral to ICC

The United Nations High Commissioner for human rights on Friday urged the UN Security Council to refer Syria to the International Criminal Court in the Netherlands following a reveal of evidence by an independent panel that suggests the country's security forces have committed crimes against humanity as it attempts to clamp down on an eight-month-old uprising.

Elisha Maldonado Dec 02, 2011