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Water utility AWG gets approach

Shares in AWG jumped more than 11 percent on Thursday after the water company said it had received an approach that could lead to an offer being made for the 2.2 billion pound firm.

Australian miners chase success in safer Africa

An improving political climate, and the potential for major mineral discoveries, has reawakened interest in Africa among Australian mining companies that have traditionally rated the continent too risky.

Barrel race for Italiian wine lovers

Faces furrowed with concentration and biceps bulging, Lorenzo Martire and Giovanni Zorn puffed their way up the narrow streets of this medieval town, rolling the 80kg oak wine barrel ahead of them.

Italian wine lovers roll out the barrel

Faces furrowed with concentration and biceps bulging, Lorenzo Martire and Giovanni Zorn puffed their way up the narrow streets of this medieval town, rolling the 80kg oak wine barrel ahead of them.

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Strike Cripples BHP Copper Mine in Chile

BHP declared on Tuesday that delivery from its copper mines in Chile had come to a halt due to a walkout staged by over 2,000 union workers.

Potential Diamond Jackpot Found in Angola

Resource Company BHP Billiton said on Tuesday it foresees great potential for a large discovery of diamonds in Angola as well as forming a partnership with the government.

Telstra Pulls Plug on $3.1B Broadband Network

Telstra, Australia's largest telecommunication company, announced its intention to withdraw from building a A$4 billion (US$3.1 billion) high-speed broadband network.

Japan to Patent Japanese beef

Japan has decided to protect Japanese beef as its intellectual property by patenting the Japanese cow genes and monitoring semen stock distribution with bar-codes. The agriculture ministry says that it found there is no international law to prohibit the stock from flowing out to foreign countries for hybridization and reverse import.

SA Farmers Look Inward Following WTO Talks

South African agricultural representatives are looking at their own governments to see what can be done in the wake of recently suspended trade talks of the World Trade Organization.

Global Trade Talks Suspended Indefinitely

Global trade talks have been suspended indefinitely after five and a half years of discussions failed to produce results.

World trade talks collapse

Global free trade talks, billed as a once in a generation chance to boost growth and ease poverty, collapsed on Monday after nearly five years of haggling and resuming them could take years.

Trade powers to meet in bid to save Doha round

Under pressure from Group of Eight leaders, ministers from six key trade powers are to start intensive meetings to rescue the deeply troubled Doha round, officials said on Monday.

Boeing to take up to $1.1 billion in charges

Boeing Co. said on Thursday it will take up to $1.1 billion in charges to cover the costs of two delayed surveillance aircraft contracts and the previously announced settlement of U.S. government investigations into its defense unit.

Nestle Buys Jenny Craig Diet Firm for $600 Million

Switzerland's Nestle bought U.S. weight-loss company Jenny Craig for around $600 million, it said on Monday, expanding its high-margin nutrition and health business.

Solar Water Heaters Help China Energy Efficiency

Dusty Dezhou was relegated to the footnotes of Chinese history for centuries, known mainly as the place where a Filipino king died.

NYSE/Euronext deal seen putting pressure on rivals

Euronext's $10 billion tie-up with NYSE Group Inc. puts pressure on other exchanges to seek partnerships to catch up with what will be the world's largest financial marketplace, analysts said on Friday.