President Barack Obama on Monday urged Chinese President Hu Jintao to join the United States in denouncing North Korea's latest deadly military skirmish with South Korea and the North's pursuit of nuclear development. it marked the first time the leaders have spoken since a November 22 incident left four South Korean soldiers dead.
International talks on Iran's nuclear activity got under way in Geneva on Monday amid Tehran's claims of achieving self-sufficiency in the fuel cycle. Analysts say that little is expected from the talks. But the latest developments in Iran are likely to give it the confidence to put forward demands of sanctions against the Islamic Republic to be lifted. The talks between Iran and the five UN powers - the US, Russia, China, France and Britain - plus Germany were stalled 14 months ago.
Russia won the bid to host the FIFA World Cup 2018 and the tourism industry in United Kingdom has expressed disappointment as it had expected to tap its potential as a tourist destination had it won the bid to host the international tournament
Oleg Nikolaenko, a 23-year old Russian, has pleaded not guilty to federal charges that he is the mastermind behind a notorious botnet, dubbed Mega-D, that controlled a network of infected computers and generated some 10 billion spam e-mails daily, or a third of the world's total.
Iran has delivered the first consignment of locally produced raw uranium making its nuclear program self-sufficient, the country's top nuclear boss said on Sunday. The announcement came just a day before the Islamic republic is to resume the stalled nuclear talks with Germany and the permanent members of the U.N. Security Council on Monday and Tuesday in Geneva.
At least two people were killed and 40 others were injured when a passenger plane skidded off the runway during an emergency landing in Russia.
Match Game: Chelsea vs. Everton 10:00 ET, December 4, 2010. Stamford Bridge, England
Football fans needs not worry about securing visas ahead of the 2018 World Cup in Russia as Moscow is planning to scrap the requirement all together for match ticket-holders as well as footballers from the European Union.
On the first week of a busy December in the Premiership, Everton will travel to West London, to Stamford Bridge to take on the champions - Chelsea.
FIFA takes the Football World Cup 2018 and 2022 to new territories of Russia and Qatar, raising concerns over risks involved in the selection of venue.
Once yuan becomes fully convertible, countries importing Chinese goods will invariably have to have a reserve of yuan. And they will have to build up a yuan reserve by offloading their dollar reserves. If a major chunk of ASEAN and Latin American countries take this path, it will seriously dent the greenback's status as the global reserve currency.
Even as food prices shoot up in China, food production remains slow while demand is rising multifold.
Russia and Qatar won the rights to host the FIFA World Cup finals for 2018 and 2022 respectively after FIFA's 22-member panel voted through a secret ballot at Zurich, Switzerland on Thursday.
The FIFA World Cup, the biggest tournament in soccer, will be headed to new regions as Russia won the 2018 bid on Thursday over rivals which included England and tiny emirate Qatar beat a group including the United States for the 2022 tournament.
A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.
Futures on major U.S. stock indices point to higher opening on Thursday but pared earlier gains after the Department of Labor reported that weekly jobless claims climbed last week.
PepsiCo Inc. announced an agreement to acquire 66 percent of Russia's dairy and fruit juice company Wimm-Bill-Dann Foods for $3.8 billion to boost its base in key markets in Eastern Europe and Central Asia. Upon completion of the deal, PepsiCo will be around twice the size of its nearest food and beverage competitor in Russia.
US diplomatic cables leaked by whistle-blower site Wikileaks suggest that even as Russians are eagerly awaiting the dates of elections in 2012, the outcome is almost decided. American officials believe that Vladimir Putin, the current Prime minister would continue to influence the course of the country's politics no matter what role he plays in it.
As investors continue to shovel mountains of cash into U.S. Treasuries and U.S. bonds, investors seeking yield and price outperformance are advised to look at bonds issued by the emerging markets nations.
India's Mahindra & Mahindra (M&M) said on Tuesday that it has agreed to acquire 70 percent interest in South Korea's Ssangyong Motor Company Limited (SYMC) for $463.6 million, in an attempt to gain momentum in global markets.
Berlusconi in Italy laughed it away, while Ahmadinejad in Tehran yet again blamed the United States. The Russians refused to comment and Indians breathed a sigh of relief. WikiLeaks, the whistle-blower website, revealed the vigor of US espionage, leaking out more than 250,000 U.S. diplomatic cables. The first batch of the documents leaked mentioned Saudi Arabia and other Arab states' desire to attack Iran, highly sensitive information on world leaders and US military strategy across the Worl...
Japan on Monday dismissed immediate return to the table on Korea tensions as proposed by China. Officials in Tokyo maintained that the focus currently is on working 'closely' with South Korea and the United States.
