While peripheral European countries are forced by the bond market to raise taxes and cut spending in 2010, they were some of the steepest tax cutter among OECD members from 2007 to 2009.
Scientists have found possible ice volcanoes on Saturn's moon Titan similar to those on Earth that spew molten rock.
The Supreme Court said on Friday that it would decide whether generic drug companies could be sued under state law over allegations they failed to provide adequate label warnings about potential side effects.
In a development that comes as a huge relief to travellers passing through regions of volcanic activity, researchers have found a new way of tracking volcanic ash cloud ahead.
Iceland has entered into an agreement to repay losses incurred by the U.K. and Netherlands governments in connection with the collapse of the Icesave bank in 2008, according to the Dutch government.
A computer hacker with no permanent home, WikiLeaks founder Julian Assange has been described as highly intelligent, determined, intense and sometimes paranoid.
After Paypal and Swiss authorities closed the accounts of Wikileaks, it's Mastercard's turn to refuse any financial support to Wikileaks' money transfers.
The crisis-hit peripheral countries have more of a 'solvency problem' than a liquidity problem and their public finances cannot be brought to order without leading to a deep and prolonged recession, as long as they are part of the eurozone, analysts have said.
Iceland is within days of reaching a deal with Britain and the Netherlands on repaying the more than $5 billion paid to Landsbanki Icesave accounts holders after the bank collapsed, according to a report late on Saturday.
Europe's biggest tour operator TUI Travel reported a full-year pretax loss, blaming weaker trading in the UK, mainly due to increased winter losses resulting from capacity-led volume reductions. However, underlying pretax profit rose 4 percent on good turnaround progress.
The force of political will binding together a seemingly crumbling euro zone is still strong, but the imperatives of domestic economic realignments could force members to an exit option, analysts have said; and the road out of the bloc doesn’t exactly look daunting.
BP Oil Spill, FIFA World Cup, Lady Gaga, Justin Beiber, iPhone are among the top searches in 2010, according to the Yahoo's 'Year in Review' report which tallies hot searches on a variety of lists.
The technology used by Wikileaks to maintain anonymity could be the Onion Router which is also used by U.S. Navy.
According to the London-based daily al-Hayat, the WikiLeaks release includes documents showing Turkey has helped al-Qaeda in Iraq, So far, the countries making rounds in news and on Twitter which may figure in Wikileaks' release include the United Kingdom, Canada, Australia, Denmark, Norway, Israel, Iraq, India, China, Turkey, Russia and Iceland.
The European Union (EU) has lifted visa requirements for tourists from Taiwan under the EU visa-waiver program, and the move is expected to increase the number of arrivals from Taiwan by at least 30 percent.
Iceland’s decision to resume international trade in whale meat with Japan brought a sternly worded response from U.S. Commerce Secretary Gary Locke.
From the clear skies of Canary Islands in Atlantic Ocean to the Northern lights that marvel in the skies on North Pole, here is a list of best places for enjoying astronomy tourism in the world. Read on and the next time you are planning a vacation, these places are sure to top your list of destinations.
Former Beatle star John Lennon's 70th birth anniversary will include a benefit concert in New York, organizers said on Tuesday.
Spain's Iberia posted a narrower-than-expected first-half operating loss on Friday as improving business travel and air cargo demand countered the negative impact of a volcanic ash cloud in April.
American International Group Inc
reported better-than-expected quarterly results on Friday and said it had started talks on disentangling itself from the U.S. government.
The base metals have recovered from the depressed levels of early June with prices trending higher in July and hence Natixis Commodity Markets maintains a positive view for base metals. The impact of escalating sovereign debt crisis in Europe and unctertainy over China's efforts to curb excessive credit creation which were the main concerns of the first quarter of 2010 has eased, Natixis Commodity Markets maintains.
Britain's recession was deeper than previously thought, new data showed on Monday, while a top central banker warned that euro zone weakness and looming government spending cuts could send the recovery into reverse.