An anti-corruption academy co-sponsored by the United Nations opened Thursday in Austria with the aim of filling the rising global need for training, research and contemporary measures and techniques in the fight against corruption.
A new labelling deal with Australia may make Europe's winemakers feel more than a little light-headed as imitations will no longer be sold with names like champagne and sherry.
The U.S. Federal Reserve Board announced it has approved the application by China Investment Corporation (CIC) to buy up to 10% of voting shares of investment giant Morgan Stanley.
Surging wheat prices drove international food prices up 5% last month in the biggest month-on-month increase since November 2009, FAO announced. The FAO Food Price Index (FPI) averaged 176 points in August, up nearly nine points from July, FAO said in its latest update on the global cereals supply and demand situation.
Divers have salvaged 70 bottles of what may be the world's oldest drinkable champagne from a shipwreck in the Baltic Sea off Finland's Aland archipelago, Swedish media reports said.
As many as 23 million men and women in the EU were unemployed in July, according to data released by Eurostat on Tuesday. Of these, 15.833 million are from the Eurozone countries.
The UK Ministry of Defence has confirmed that Defence Secretary Liam Fox is to meet his French counterpart to discuss further defence co-operation. But a senior MoD source has told the BBC there are no plans for the two countries to share aircraft carriers.
Britain and France could share their aircraft carrier capability in a dramatic co-operation pact designed to maintain military power while cutting costs, it has been reported, reports the UK Press Association.
British scientists have released draft sequences of the wheat genome, which they think could make a vital contribution to securing global food supplies. The researchers say their efforts could help British farmers to develop new strains with greater yields.
A top International Monetary Fund official called for the creation of an emergency lending facility as part of a global toolkit aimed at preventing the spread of financial crises.