Beijing plans subsidized pricing for solar power
Beijing is expected to unveil subsidized prices for solar power production as soon as the second half of the year, the South China Morning Post reported on Monday, citing an industry official.
Mainstream makes first U.S. wind power investment
Ireland's Mainstream Renewable Power bought three wind farms in Illinois and plans to spend $1.7 billion to ramp capacity up to 787-megawatts by 2013, marking its first investment in the United States.
Suzlon may sell stake in Hansen to cut debt: report
India's wind turbine maker Suzlon Energy is considering the sale of part or all of its stake in Belgian company Hansen Transmissions in a bid to repay part of its debt, The Economic Times reported on Monday, citing people close to the development.
Australian companies accused of carbon deception
Some of Australia's biggest corporate names, including resource giants Rio Tinto and Woodside, may be investigated by consumer regulators over complaints they have been deceptive on climate change.
Susan Boyle due back on tour after rest day
Susan Boyle, who became famous the world over after appearing on the Britain's Got Talent television show, hopes to return to the stage on Monday after cancelling a weekend performance amid concerns over her health.
Stock futures signal losses as oil retreats
U.S. stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 1.2 percent, Dow Jones futures down 1 percent, and Nasdaq 100 futures down 1.1 percent at 0905 GMT.
Le Bourget haunted by jet crash, economy
Gloomy aviation leaders gather for the Paris Air Show on Monday expecting only a handful of new business to bolster an industry mourning the Atlantic jet disaster, economic crisis and new concerns about swine flu.
Mobile money to poor seen $5 billion market in 2012
The market of mobile financial services to poor people in emerging markets will surge from nothing to $5 billion in 2012, U.S.-based microfinance policy and research center CGAP said on Monday.
Goodrich signs deals with Airbus, British Airways
Aircraft components maker Goodrich Corp said on Monday it signed service agreements with EADS unit Airbus, British Airways and Scandinavian Airlines System .
Bally reaches deal with lenders to exit Chapter 11
U.S. health-club operator Bally Total Fitness Holding Corp has reached a deal with its lenders on a restructuring plan to help it exit from bankruptcy.
CIA chief believes Cheney almost wants U.S. attacked
CIA director Leon Panetta says it's almost as if former vice president Dick Cheney would like to see another attack on the United States to prove he is right in criticizing President Barack Obama for abandoning the harsh interrogation of terrorism suspects.
Biden casts doubt on Ahmadinejad's re-election
U.S. Vice President Joe Biden on Sunday cast doubt on the re-election of Iranian President Mahmoud Ahmadinejad, saying Tehran's actions against dissent suggest the results may not be clear-cut.
U.S. special operations leader takes Afghan command
A veteran commander of top-secret special operations takes charge of the nearly 90,000 U.S. and NATO troops in Afghanistan Monday, promising to limit the civilian deaths that have cost Western troops Afghan support.
Europe suffers first H1N1 death
Europe recorded its first death from H1N1 flu on Sunday after Scottish health officials said a patient with the disease had died, just days after the World Health Organisation labelled the outbreak a global pandemic.
Scottish death marks Europe's first H1N1 fatality
Europe recorded its first death from H1N1 flu on Sunday after Scottish health officials said a patient with the disease had died, just days after the World Health Organization labeled the outbreak a global pandemic.
Nigerian rebels say hit another Chevron facility
Nigeria's main militant group said on Monday it had sabotaged an oil pumping station in the Niger Delta operated by Chevron, the fifth attack claimed against the U.S. energy company in less than a month.
Pakistan orders offensive against Taliban chief
Pakistan has ordered the military to carry out an offensive against Pakistani Taliban leader Baitullah Mehsud and his fighters, a provincial governor said on Sunday.
Obama to lobby doctors on healthcare reforms
With Congress working to flesh out controversial elements of his healthcare reform plan, President Barack Obama will make his case for a public insurance program to the nation's doctors on Monday, seeking to overcome their resistance.
Lula leads confident Brazil to new world role
When a former peanut vendor and radical union leader with little schooling became Brazil's president in 2003, many believed Latin America's underperforming giant had shot itself in the foot once again.
China lays road to global role with economic cement
Last week hosting the Americans. Next week visiting Russia. China's busy diplomacy amid the economic crisis reflects growing sway that some say has brought the moment for Beijing to don the cape of a full super-power.
BRIC seeks global voice at first summit
The leaders of the world's biggest emerging markets -- Brazil, Russia, India and China -- meet in the coming week for their first formal summit, seeking a louder voice on the global stage.
Netanyahu bows to Obama, accepts Palestinian state
Israeli Prime Minister Benjamin Netanyahu responded on Sunday to uncommon pressure from Washington by finally giving his endorsement -- with conditions -- to the establishment of a Palestinian state.
Mousavi supporters plan rally in Tehran
Supporters of Iran's defeated presidential candidate plan a rally in Tehran on Monday to protest against the re-election of Mahmoud Ahmadinejad, which has sparked two days of violent demonstrations in the capital.
First swine flu death outside the Americas
The first death caused by the A(H1N1) virus outside of the Americas was confirmed Sunday by the British government following the death of a Scottish patient in Scotland.
Puerto Ricans celebrate heritage in New York City Parade
Thousands of Puerto Ricans gathered on Sunday with the island's flag to celebrate the 52nd Annual Puerto Rican Day Parade along Fifth Avenue in New York City.
Bodies suggest Air France 447 plane broke up in air: report
The Air France Flight 447 that crashed into the Atlantic Ocean on June 1 with 228 passengers and crew may have broke up at high altitudes, according to the latest evidence gathered but authorities have not reached any conclusion.
Geithner to economies: Focus on growth, not restraint yet
U.S. Treasury Secretary, speaking about economic and financial recovery, urged leading industrial nations and emerging markets to continue policies focused on growth, saying it was too early to to shift toward restraint.
Pfizer seeks acquisitions in Middle East, forecasts ‘double-digit’ growth: report
Pfizer Inc is seeking acquisitions in the Middle East where the company expects to see double digit growth, a Pfizer executive said on Sunday, according to Bloomberg.
Sikorsky pitches Lockheed tie-up to revive White House copter program: report
In a bid to revive the cancelled program to provide new helicopters for the White House, manufacturer Sikorsky told the Defense Department earlier this month that it was open to a partnership with rival Lockheed Martin Corp, according to the Wall Street Journal.
Test awaits Obama this week on financial reforms
The Obama administration on Wednesday will unveil its long-awaited plan to tighten U.S. financial regulation, marking a test of its resolve to seize political opportunity and face down powerful interests.