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Business news
US Prices Fall at Record Pace Amid Deepening Recession (2008-12-16 15:31:40 UTC)
The cost of living in the United States fell by a record amount in November, as the price of gasoline and other goods dropped sharply as Americans hit by recession cut their demand.Tuesday s repor...
Obama Announces Energy and Environmental Officials (2008-12-16 01:31:25 UTC)
President-elect Barack Obama named key members of his team on energy and the environment on Monday as he prepares to take office next month as the country s 44th president. At a news confere...
Global Economy Slows, Risk of World Recession Rises (2008-12-15 23:31:53 UTC)
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Dubai to Boast World's First Refrigerated Beach (2008-12-15 23:31:42 UTC)
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Cheap Oil May Spark Russian Budget Crisis (2008-12-15 23:31:31 UTC)
The Russian economy has been among the hardest hit of any country, during the current global economic crisis. Russia - a major energy exporter - has not only suffered banking and stock woes, as...
Jamaica's PM Announces Economic Stimulus Package (2008-12-15 21:32:03 UTC)
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Kuwaiti Company Finds Natural Gas in Texas (2008-12-15 21:31:53 UTC)
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UN: Zimbabwe Cholera Deaths Near 1,000 (2008-12-15 21:31:30 UTC)
The United Nations says the death toll from a cholera epidemic in Zimbabwe has risen to 978....
US Supreme Court Allows Lawsuits Against 'Light' Cigarette Makers (2008-12-15 19:31:30 UTC)
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European Markets Up Slightly, Financial Concerns Remain (2008-12-15 17:31:47 UTC)
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IMF Chief Urges Stronger Effort to Bolster Economy (2008-12-15 17:31:37 UTC)
The head of the International Monetary Fund is urging governments and central banks to take stronger action to stimulate the faltering global economy.IMF Managing Director Dominique Strauss-Kahn says ...
World Bank Head Praises China's Economic Steps (2008-12-15 17:31:26 UTC)
The president of the World Bank, Robert Zoellick, is praising China for so far taking the right steps in helping stabilize its own economy amidst the global financial crisis. However, he warns that t...
North Korea Gets High-Tech Mobile Phone Network (2008-12-15 15:31:41 UTC)
North Korea held a ceremony Monday to open an advanced mobile phone network in the reclusive and impoverished country.The official Korean Central News Agency says North Korean officials celebrated the...
US Auto Bailout Remains Elusive (2008-12-15 15:31:30 UTC)
With two of America s major automobile companies reportedly weeks away from financial collapse, there continues to be little agreement in Washington on how to craft a government rescue package tha...
China Takes Measures to Boost Economy (2008-12-14 15:31:24 UTC)
China says it is taking more steps aimed at blunting the impact of the global financial crisis.In a statement posted on its Web site Saturday, China s State Council says it plans to increase the c...
Iran Proposes OPEC Oil Output Cut (2008-12-14 13:31:25 UTC)
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OPEC Seeks to Cut Oil Output as Prices Fall (2008-12-14 07:31:28 UTC)
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Asian Economic Powers Discuss Slumping World Economy (2008-12-14 01:31:44 UTC)
The leaders of Asia s largest economies have met independently to discuss options for a coordinated regional response to the worsening global economic crisis. The leaders of China, Japan and South...
White House Still Weighing Fate of Auto Giants (2008-12-13 21:31:25 UTC)
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Asian Powers Vow to Jump-Start World Economy (2008-12-13 17:31:25 UTC)
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Asian Powers Urge Action on Economy (2008-12-13 13:31:26 UTC)
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Pacific Fisheries Approve Reduction in Tuna Fishing (2008-12-12 23:32:43 UTC)
Members of a 32-nation block have voted to limit the number of tuna caught in parts of the Pacific. Environmentalists and wildlife conservation groups are championing the new restrictions. Meeting in ...
US Nears Nuclear Accord With Gulf Emirates (2008-12-12 23:32:32 UTC)
The State Department said Friday the United States is close to concluding a nuclear cooperation agreement with the United Arab Emirates, the UAE. The deal would be the first of its kind with a Middle ...
Bailout Collapse Shakes Worldwide Auto Industry (2008-12-12 23:32:21 UTC)
The breakdown of a planned bailout for U.S. automakers is starting to hit manufacturers in other countries. Mark Madden, a General Motors Corvette assembly plant worker, hangs a door on a Corvett...
Production Cuts Expected When OPEC Meets December 17 (2008-12-12 23:32:10 UTC)
The oil cartel OPEC is expected to announce further cuts in production of at least one million barrels a day, when its members meet in Algeria December 17. The aim is to shore up oil prices, which hav...
EU Leaders Stick With Key Climate Change Targets (2008-12-12 23:31:48 UTC)
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US Financial Bailout Money May Go to Automakers (2008-12-12 23:31:37 UTC)
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HIV/AIDS Testing Campaign in Kenya Successfully Combines Diarrhea and Malaria Prevention. (2008-12-12 23:30:42 UTC)
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Zimbabwe Commuters Struggle to Afford Public Transport (2008-12-12 21:31:27 UTC)
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White House, Obama Urge Continued Efforts to Aid Auto Companies (2008-12-12 19:32:08 UTC)
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