Boeing Co's 747-8 Intercontinental, the new passenger version of its legendary jumbo jet, completed its maiden flight without a hitch on Sunday, marking a key milestone for the aircraft model more closely associated with Boeing than any other plane.
General Motors Co has suspended all nonessential spending and global travel while the automaker assesses the impact of the crisis in Japan on the company, a GM spokesman said on Saturday.
German Chancellor Angela Merkel said on Friday that Germany may take on additional tasks in the war in Afghanistan to make up for NATO members' involvement in possible attacks on Libya after a UN vote yesterday approved a possible no-fly zone.
Prices to Buy Gold rose above $1418 per ounce Friday lunchtime in London, reversing this week's earlier 2.4% drop as crude oil fell and world stock markets rose further after news of an immediate cease-fire by the Gaddafi regime in Libya, prompted by the United Nations' no fly zone agreement.
A Danish researcher has found that a form of iron oxide can trap heavy metals and remove them from water.
Gold Bullion prices stalled just above $1400 per ounce for the second day running on Thursday, as crude oil rose sharply amid the near-meltdown at Japan's Fukushima nuclear reactors.
The uprising against Libyan leader Moammar Gaddafi will be crushed within the next forty-eight hours as forces loyal to the government close in on the rebel stronghold of Benghazi in the eastern part of the embattled country, according to Gaddafi’s son.
There are divergent views about the impact of the Japanese triple tragedy on the global economy. While some say the impact will be limited mainly to bottlenecks in the global manufacturing supply chain, others have said the Japanese disaster will have longer-term effects a wider cross section of global economy.
The Gold Price dropped 3% to four-week lows vs. a rising US Dollar on Tuesday morning, as world stock-market and commodity prices sank on worsening radiation leaks from north-east Japan's earthquake-hit nuclear plants.
Pro-government forces are battling rebels for control of the oil port of Brega, as Moammar Gaddafi intensifies his assault on opposition groups in the eastern parts of Libya.
U.S. stocks plunged in early trade on Tuesday, following sell-off in European and Asian stock markets amid fears of a nuclear disaster in Japan.
German economic sentiment fell unexpectedly in March, as the expectations get hit by hawkish stance of the European Central Bank (ECB) and a major earthquake in Japan.
European Union finance ministers agreed on Tuesday on tougher rules against excessive borrowing and macroeconomic imbalances, aimed to shore up market confidence and help end the sovereign debt crisis.
The number of employed people in the eurozone rose in the last quarter of 2010, as hiring increased in the agriculture and financial services sectors.
U.S. stocks ended lower on Monday, as investors were worried about the impact of the devastating earthquake and tsunami in Japan on the global economy.
The euro zone is likely to increase guarantees for its bailout fund to boost its effective lending capacity, Eurogroup President Jean-Claude Juncker said on Monday, but a deal was likely only next week.
Euro zone finance ministers signaled on Monday they would flesh out a deal to bolster their bailout fund over the next week, while Fitch Ratings warned the steps were not enough to resolve Europe's debt crisis.
In the wake of the nuclear crisis in Japan, the German government has decided to suspend for three months a proposal to extend the lives of its aging nuclear power stations.
Euro zone finance ministers met on Monday to work out the details of a deal hammered out by their leaders to bolster their bailout fund and ease the terms on aid to Greece amid a positive reaction from financial markets.
Some facts about US nuclear industry in the wake of a second explosion at Japan's Fukushima Daiichi Nuclear Power Station.
Threat of a possible meltdown at Fukushima Daiichi nuclear plant in Japan has placed the roadmap of nuclear power as a source of energy on the back foot.
Warren Buffett's Berkshire Hathaway said it has agreed to acquire additives maker Lubrizol for $135 a share in cash, or $9 billion, making it one of the largest acquisitions in its history. Eli Lilly and Co. announced that it has made an irrevocable, unconditional offer to acquire the animal health business of Belgium-based Janssen Pharmaceutica NV, a Johnson & Johnson Co.
