The Group of 20 rich and developing nations declared their crisis-fighting efforts a success on Friday and promised to give rising powers such as China more say in rebuilding and guiding the global economy.
The Group of 20 rich and developing nations declared their crisis-fighting efforts a success on Friday and promised to give rising powers such as China more say in rebuilding and guiding the global economy.
Iranian President Mahmoud Ahmadinejad said on Friday his country's newly disclosed nuclear fuel facility was legal and open for inspection by the International Atomic Energy Agency.
IBM was the main supplier in a failed project by British intelligence to upgrade its communications system so various organizations and agents in different locations could share information, a report said on Friday.
Cadbury Plc CEO Todd Stitzer said on Friday he did not believe Kraft's offer for the company made strategic sense, as he tried to clarify remarks he made that drew scrutiny from Britain's Takeover Panel.
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and will roll out tougher rules for banks by the end of 2012, a draft communique said on Friday.
U.S. President Barack Obama and the leaders of Britain and France accused Iran on Friday of building a secret nuclear fuel plant and threatened tough new sanctions unless Tehran comes clean about its nuclear program.
Sara Lee Corp will sell its personal care brands like Sanex and Brylcreem for $1.87 billion (1.275 billion euros) to consumer goods giant Unilever and set a $1 billion share buyback plan, sending its stock up 6 percent.
Mauritius-based clothing group Ciel Textiles Limited FKL.MZ posted a 51.16 percent slump in full-year net profits on Friday that it blamed on a fall in demand and aggressive price cutting.
The European Commission and officials from countries hosting Opel factories will discuss on Oct. 7 Germany's controversial plan to grant state aid for the ailing European carmaker.
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.
U.S. President Barack Obama and other Western leaders accused Iran on Friday of building a secret nuclear fuel plant and demanded Tehran immediately halt what he called a direct challenge to the international community.
Iran has told the U.N. nuclear watchdog that it has a second uranium enrichment plant under construction, a belated disclosure sure to heighten Western fears of a stealthy Iranian quest for nuclear arms capability.
Large Cadbury investors are worried Chief Executive Todd Stitzer may overplay his hand in fending off Kraft's $10 billion offer, with no white knight in sight to spark a bidding war.
The European Union's ambition to lead the fight against climate change faces a setback as its target of rolling out full-scale carbon capture and storage plants by 2015 is increasingly seen by experts as unrealistic.
The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.
Britain's takeover watchdog is reviewing private comments by Cadbury Plc's chief about the company's valuation amid a potential takeover by Kraft Foods Inc, saying Todd Stitzer had stoked uncertainty in the market, the Financial Times reported.
EBay Inc Chief Executive John Donahoe said on Wednesday that recent lawsuits will not derail a $1.9 billion deal to sell a majority interest in Web telephone unit Skype to an investor group.
The U.N. Security Council, at a summit chaired by U.S. President Barack Obama, unanimously approved a resolution on Thursday that envisaged a world without nuclear weapons.
President Barack Obama arrived at the Group of 20 summit in Pittsburgh on Thursday with an ambitious agenda to crack down on banks' risky behavior and rebuild the global economy on a more stable footing.
Yesterday's Australian New Home Sales data added support to the Aussie dollar during local trade with the 11.4% rise catching most analysts by surprise. The local unit appeared destined to test the psychological 88 cent barrier in early European trade however resistance between 0.8760 and 0.8780 capped any further advances for the fifth time in a week. In a stark reminder of the vulnerability of the Aussie dollar to a return to broad risk aversion North American equity markets fell around 1% fol...
