Australia's Macarthur Coal rejected a $3 billion bid from U.S. miner Peabody Energy, saying it undervalued the growth prospects of a company which controls a third of the world's supply of a cleaner coal coveted by steelmakers.
Japanese shares rose to 18-month highs on Wednesday, continuing to eclipse their peers elsewhere in Asia, as a rebound in U.S. consumer confidence boosted hopes that a global economic recovery will prove to be sustainable.
Google Inc blamed the great firewall of China for blocking its Internet search service in the country on Tuesday, but said it did not know if the stoppage was a Chinese technical glitch or a deliberate move in their face-off over Internet censorship.
A leading sexual health said gonorrhoea risks becoming a drug-resistant superbug if doctors do no come up with new ways of treating it.
Google Inc said many users in China were blocked from using its search service on Tuesday by a technical glitch that made their search queries appear to be associated with Radio Free Asia, which is blocked by Chinese authorities.
The 'cloud' of data which is becoming the heart of the Internet is creating an all too real cloud of pollution as Facebook, Apple and others build data centers powered by coal, according to a new Greenpeace report.
Following a court's decision to send four of steel giant Rio Tinto's employees to jail for accepting bribe, the world is waiting with bated breath to see how the steel firm reacts to the Chinese government's move. The verdict has cast a cloud over China as a destination for global firms to do business. After the verdict, the Australian government and media had expressed concerns over the trial and the conviction of Rio's four employees, including its China head.
Facing enormous energy shortage, Vietnam on Tuesday signed an agreement with the US to boost nuclear energy production in the country. According to Vietnam's energy ministry, the deal will help the country to meet growing energy demand as it allows U.S. firms to help build nuclear plants in the country.
U.S. stocks rose on Tuesday as consumer confidence and housing data reaffirmed the view that the economy was stabilizing, and Apple Inc's move to develop a new iPhone boosted telecom and chipmaker shares.
Google Inc said its mobile services have been partially blocked in China for two days, while searches on its Chinese-language site became erratic, about a week after the company shut its mainland Chinese portal and rerouted Web searches to a Hong Kong site.
WASHINGTON/CHICAGO/LONDON (Reuters ) - Francis Collins, who helped map the human genome, did not get around to having his own genes analyzed until last summer. And he was surprised by what he learned.
Wall Street was poised for a slightly higher open on Tuesday as a report showed home prices rose in January for the eighth-straight month, while corporate news, including about Apple Inc, supported early gains.
U.S. stock index futures rose on Tuesday as investors looked to upcoming data for clues the economy was stabilizing, while corporate news, including about Apple Inc, supported early gains.
China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
The Federal Reserve's monetary policy is still appropriate because of high unemployment and minimal inflationary pressures in the United States, a Fed policymaker said on Tuesday.
China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
U.S. stock index futures rose slightly on Tuesday as investors looked to upcoming housing and consumer confidence data for affirmation the economy was stabilizing.
Zhejiang Geely Holding Group, China's biggest private carmaker, said on Tuesday scale is the key to returning Volvo to profitability, but has no current plans to build the Swedish brand in China.
China displayed new divisions on Tuesday over how to respond to mounting U.S. pressure to let its exchange rate rise.
Zhejiang Geely Holding Group, China's biggest private carmaker, said on Tuesday that it is prepared to pump up to $900 million into the Volvo unit it is buying from Ford , as part of its plan to return the Swedish carmaker to the black.
Toyota Motor Corp , reeling from a recall crisis, launched a task force on Tuesday aimed at regaining consumer trust and pledged to give more clout to its regional operations to speed up decisions on quality issues.
Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.14 percent, Dow Jones futures up 0.08 percent and Nasdaq 100 futures up 0.24 percent by 4.01 a.m. ET.
