Rio Tinto gains 47% stake of Riversdale
2011-04-07 16:42:24
Anglo-Australian mining company Rio Tinto PLC said Thursday it has achieved its goal of gaining a 47 percent stake in Riversdale Mining Ltd.
Overall global space economy on rise: report
2011-04-07 09:27:45
The overall global space economy rose to $276.52 billion in government budgets and commercial revenue in 2010, a 7.7 percent increase over 2009.
Crude slides on demand concerns
2011-04-06 08:03:50
Crude fell from its highest level in more than 30 months as forecasts for growing inventories in the United States and an interest-rate increase in China fanned concern that demand in the world's two biggest oil consumers may slow.
Inflation a threat to Asian recovery
2011-04-06 10:23:50
Asia's emerging economies are spearheading a global recovery and the challenge for policymakers is to normalise policy to head off inflation.
Global economy to expand 4.5% in 2012
2011-04-05 07:52:06
The global economy is forecast to grow by a solid pace of 4.3 percent this year and 4.5 percent next year
Nasdaq, ICE make joint bid for NYSE
2011-04-01 22:54:21
Nasdaq OMX and Intercontinental Exchange (ICE) on Friday announced a joint 11.3-billion-dollar bid to buy the NYSE Euronext.
WTO rules US aid to Boeing is illegal
2011-04-01 09:45:13
The World Trade Organization has ruled that Boeing Co. received at least $5.3 billion in prohibited US subsidies to develop and build new planes.
Stabilization of world currencies priority
2011-03-31 12:32:16
Stabilization of major currencies need to be addressed prior to broadening role of SDR (Special Drawing Right.
World invests $243b in clean energy
2011-03-30 09:10:00
Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30 percent increase from the previous year.
No zero-sum game in growth: Summers
2011-03-25 08:16:25
Larry Summers cautioned against protectionism and said nations must move past the idea that the prosperity of one country is a threat to those of others.
China looks West as Japan cuts production
2011-03-25 10:42:19
China will need to source a wide range of products from Europe and the United States to make up for the shortage stemming from the natural disasters in Japan, businesses and experts say.
Home improvers up against wall
2011-03-25 10:42:19
A number of leading home improvement retailers are facing growing challenges in China.