Flyglobespan collapse hits travellers
Around 4,500 passengers were stranded abroad on Thursday after the suspension of Scottish airline Flyglobespan, administrator PricewaterhouseCoopers said.
Dubai projects go ahead as officials visit U.S
As Dubai developers reassured the world their ambitious construction projects would go ahead, officials from the emirate were expected in New York to shore up confidence after a debt landslide threatened its top companies.
Dirty air makes for wheezy kids: study
Small particles from traffic and heating oil combustion may cause children younger than two to wheeze and cough, according to a new study.
What green CEOs want from Copenhagen
Business leaders are watching Copenhagen climate talks, which might launch new, bigger carbon markets and help drive investment in green technologies.
EU carbon falls 5 percent as climate talks falter
European carbon emissions futures fell five percent to a new two-week low on Thursday due to deadlocked U.N. climate talks and warnings by ministers that they could fail, traders said.
Quotes from Copenhagen climate talks
Following are notable quotes about U.N. climate talks in Copenhagen on Thursday, where negotiations were deadlocked with just one day left to work out a new deal to combat global warming after two years of work.
Obama heads to Copenhagen as climate talks falter
U.S. President Barack Obama heads to Copenhagen on Thursday to help secure a U.N. climate pact, staking his credibility on an as yet elusive deal that has ramifications for him at home and on the world stage.
U.S. Senate staggers toward healthcare votes
The U.S. Senate staggered toward the healthcare finish line on Wednesday, as Republicans used new tactics to delay debate and a Democratic holdout remained uncommitted after meeting President Barack Obama.
RUSAL faces potential retail investor ban for HK IPO
Russia's UC RUSAL, the world's biggest aluminum maker, may not be able to sell IPO shares to retail investors even if it wins approval for its increasingly troubled $2 billion Hong Kong initial public offering.
U.S. study: 1 in 5 lost health insurance in past year
Nearly 20 percent of the U.S. population -- or almost 60 million people -- went without health insurance at some point since January 2008, according to government estimates released Wednesday.
U.S. backs $100 billion climate fund
Danish hosts re-launched U.N. climate talks on Thursday after the United States backed a $100 billion (62 billion pound) global fund to support poor countries and world leaders gathered for a final effort to reach a deal.
Rite Aid posts another loss as sales fall
Rite Aid Corp posted its 10th straight quarterly loss as customers cut back on discretionary purchases and the drug store chain worked on refreshing its stores to reignite sales growth.
Experts uncover genes that may be linked to leprosy
Genes may explain why some people are more susceptible than others to leprosy, an extensive study in China published in the New England Journal of Medicine appears to have found.
Gene maps to transform scientists' work on cancer
Scientists have indentified all the changes in cells of two deadly cancers to produce the first entire cancer gene maps and say the findings mark a transforming moment in their understanding of the disease.
Drug cartel Chief Arturo Beltran Leyva killed by navy
Arturo Beltran Leyva, the chief of an important Mexican drug cartel, was killed at his apartment on Wednesday in Cuernavaca, south of Mexico City, the Mexican Navy said in a statement.
Death of a salesman: drugmakers recast reps' role
The old-style sales rep may have had his day thanks to shifts in the pharmaceutical market and a cost-cutting drive by drug companies.
Winnebago loss narrows, says worst may be over
U.S. motorhome maker Winnebago Industries Inc said its quarterly loss narrowed as demand for its biggest and most profitable vehicles showed signs of life, and it announced plans to boost production.
Stocks to open lower on stronger dollar
Wall Street was set to open lower on Thursday as the Federal Reserve's growing optimism about the economy boosted the U.S. dollar to the detriment of equities, while FedEx shares fell as it forecast lower profit.
Jobless claims up, labor market still healing
The number of workers filing new applications for jobless insurance unexpectedly rose last week, according to government data on Thursday that still suggested the labor market was improving.
Daily Outlook - Dec 17
Boosting Broadband; Banks' New Rules; Treasuries harder to buy
Danish DUC North Sea oil output rises in Nov
The Danish Underground Consortium's (DUC) oil output from Denmark's part of the North Sea rose by 3.1 percent in November from October, operator A.P. Moeller-Maersk said on Thursday.
FedEx forecast disappoints, shares fall
FedEx Corp forecast third-quarter profit below analysts' expectations, sending the package delivery giant's shares down 3.6 percent in premarket trading.
Petroceltic in Italian farm-in deal with Canada's Cygam
Irish oil and gas explorer Petroceltic International Plc said it took over as operator of a permit in Italy, raising its stake to 70 percent from 40 percent, as part of a farm-in deal with a unit of Canada's Cygam Energy Inc.
Rich wrongly blame poor on climate: India
India said on Thursday rich countries were set to launch a propaganda campaign wrongly blaming poor nations if a U.N. summit in Copenhagen failed to reach a deal to combat global warming.
Strong dollar weighs on futures ahead of data
U.S. stock index futures fell on Thursday, a day after the Federal Reserve voiced growing optimism about the economy, boosting the U.S. dollar even as interest rates stayed at historic lows.
Banks face tighter capital standards under Basel
Big banks will have to set aside more profits or even raise capital as protection against hard times under tighter proposals from international regulators set to be phased in from 2012.
Carlsberg gets lift from Russian beer sellers
Danish brewer Carlsberg said moves by Russian beer sellers to stock up before a tax hike takes effect next year will boost its 2009 operating profit by close to $60 million above previous guidance.
General Mills posts higher profit
General Mills Inc posted a better-than-expected 50 percent increase in quarterly profit, helped by strong sales of higher-margin products like cereal and falling commodity costs.
CORRECTED: General Mills posts higher profit
(Corrects previous 2010 forecast to range of $4.40-$4.45 from $4.40-$4.50)
China central banker says harder to buy U.S. Treasuries
It is getting harder for governments to buy U.S. Treasuries because the United States' shrinking current-account gap is reducing supply of dollars overseas, a Chinese central bank official said on Thursday.