2 July 2009, 2:15 pm
The fate of General Motors was placed in the hands of a New York judge Thursday who must decide whether the largest US automaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company.... Read More »
2 July 2009, 1:25 pm
It is business as usual for Camp Warhorse after the US military pullout from Iraqi towns and cities -- troops must follow orders and adapt to non-combat tasks in one of Iraq's most dangerous regions.... Read More »
2 July 2009, 8:45 am
Funeral plans for Michael Jackson were slowly taking shape Thursday one week after the pop icon's death as federal drug investigators joined the probe into the superstar's sudden demise.... Read More »
2 July 2009, 8:10 am
The European Central Bank kept its main interest rate steady at a record low of 1.0 percent Thursday as ECB chief Jean-Claude Trichet downplayed a threat of deflation gutting the eurozone.... Read More »
2 July 2009, 4:59 am
Miner Rio Tinto said on Thursday that investors led by Chinese aluminium giant Chinalco had snapped up all its new London-listed shares, as it looks to raise 15.2 billion dollars (10.8 billion euros).... Read More »
2 July 2009, 3:55 am
Mining giant Rio Tinto said Thursday investors had bought 97 percent of the new London-listed shares issued by the group to help it raise 15.2 billion dollars (10.8 billion euros).... Read More »
2 July 2009, 12:40 am
The European Central Bank's governing council met in Luxembourg under the shadow of deflation, and was set to hold the bank's main interest rate steady at a record low of 1.0 percent.... Read More »
1 July 2009, 7:10 pm
California Governor Arnold Schwarzenegger formally declared a fiscal emergency in the largest US state and called state legislators back into a special session to close a budget deficit expected to reach 24 billion dollars over the next two years.... Read More »
1 July 2009, 7:09 pm
The world's paramount authority on species loss has warned that pledges to roll back the threat to biodiversity by 2010 were running into the sand.... Read More »
1 July 2009, 6:01 pm
Automakers welcomed a 28 percent drop in US auto sales in June as a sign that the badly hit industry was stabilizing and expressed hope that a government-funded "cash for clunkers" program would drive vehicle sales in July.... Read More »