Twenty of the world's top polluting nations have agreed to discuss binding targets for reducing greenhouse gas emissions, Germany's environment minister said on Tuesday.
Soldiers in motor boats rescued thousands of marooned people and helicopters air-dropped food as the number of people made homeless after some of the worst flooding in years in India's northeast rose to 3.5 million.
Oil explorer Cairn Energy said its Indian subsidiary had received a key approval for a pipeline critical to exploiting its Rajasthan fields but still awaits full government clearance for the plan.
In the apparently pure Arctic air, a research station on a Norwegian island mountain ridge finds tiny chemical traces from factories in Russia, pesticides in Israel or China's coal-fired power plants.
One of India's premier fashion events may be bigger and better than ever before but the decision to conduct it the same week as the prestigious New York Fashion Week seemed to have ruffled a few feathers.
Asia-Pacific leaders said on Sunday they saw real progress in world trade talks now underway in Geneva and pledged flexibility and the political will to forge a deal by the end of 2007.
Asia-Pacific officials agreed on Friday to a draft climate statement which reaffirms a U.N. treaty on fighting global warming, while urging non-binding aspirational targets for greenhouse gas reductions, a delegate said.
Chrysler has lured another high-profile executive, this time from Asia, into its ranks on Friday, following a similar move a day earlier as the company seeks to revive its struggling operations.
Leaders at an Asia-Pacific summit appeared deadlocked on Thursday over what their Sydney Declaration on climate change and cutting greenhouse gas emissions should say.
General Motors Corp said on Wednesday its vehicle sales in China would exceed 1 million this year but intense competition would keep the heat on prices in the world's fastest-growing car market.
Hitachi Construction Machinery Co Ltd is targeting 70 percent growth in sales and a doubling in profit over four years as demand for earth-moving equipment booms in China, India and Russia, its CEO said.
U.S. President George W. Bush says nuclear power is a key to tackling climate change, along with new energy technologies, but green groups want Asia-Pacific leaders meeting in Sydney to commit to greenhouse gas reduction targets.
AstraZeneca Plc is not planning any major changes to its investments in India after a recent court ruling backed a law viewed as weakening patent protections, Chief Executive David Brennan said on Tuesday.
Bayer Schering Pharma, the drug business of Germany's Bayer AG, expects its revenues in Asia to rise by around 17 percent to more than 1.9 billion euros.
Gold hit a six-week high on Tuesday, helped by safe-haven buying and good physical demand, with investors awaiting the release of U.S. economic data that may change bullion's short-term direction.
Growing dependence on cheap coal to power rapid economic growth in the Asia-Pacific could undermine efforts to reduce greenhouse gas emissions that is blamed for harmful changes in the world's climate, experts said on Tuesday.
Usually derided as teetering on the tip of irrelevance, this year's Asia-Pacific leaders' summit in Sydney hopes to rise above its reputation for glacial action and have a real impact on the course of climate change. Leaders gathered for the meeting hope to build on June's G8 summit, in which nations agreed to consider a 50 percent cut in emissions by 2050 and build momentum ahead of a U.N. climate change meeting later this month.
Nokia Siemens Networks (NSN) said on Monday it had reassured customers over the merger that created the telecom equipment maker, after uncertainty dented sales in the second quarter.
President George W. Bush hopes to spur momentum for a world trade pact and a global target on climate change at this week's APEC summit in Sydney, but host Australia has warned not to expect binding greenhouse targets. The Asia Pacific Economic Co-operation (APEC) summit will draw 21 leaders including Bush.
Trade diplomats returned to the negotiating table on Monday for practical and business-like talks about the compromises needed to clinch a new global free trade accord this year.
Japanese stocks slid on Monday as investors wary of credit woes sold some financial stocks following Friday's rises, while an unexpected drop in capital spending data put a lid on the overall market.
Brewer Scottish & Newcastle Plc expects quick growth in India, China and Vietnam, with its ventures in these markets contributing a larger share of its overall revenue, a senior company official said.
