British Airways Plc, Europe's third- largest airline, may make an offer for Iberia Lineas Aereas de España SA with a group of private equity investors to protect its interest in the Spanish carrier.
A century after becoming the first country in the world to grant women full voting rights, Finland on Thursday marked another milestone by appointing the world's most female-dominated cabinet.
Representatives from 22 countries will meet in Chile's coastal town of Reñaca, Region V, at the end of this month to discuss creation of a regulatory body to monitor fishing in the South Pacific. The fishing industry †represented by Sonapesca †is expected to agree with ecologists on the need to limit currently unrestricted fishing of scad (horse mackerel) in the Pacific's open waters.
Australia's food bowl along the Murray-Darling rivers basin, which accounts for the country's 41% agriculture produce faces an unprecedentedly dangerous situation if it does not rain in the next six to eight weeks warned Australian Primer Minister John Howard.
The Chinese economy grew an impressive 11.1% in the first quarter of 2007, but inflation in March rose to 3.3% and fears that rapid expansion will drive interest rates higher weighed on stock markets.
Asia-Pacific countries are set to grow by over 7% this year, although the region will face several economic challenges, primarily the management of exchange rates, according to the the United Nations annual regional economic review.
The British pound hit a 14-year high of 1.9938 against the dollar, with many experts believing it will break through the 2 dollars benchmark in the next few days.
The New York Times has called for the dismissal of World Bank President Paul Wolfowitz who is entangled in a scandal over securing a huge pay raise awarded to a close female friend.
The European Union does not plan to join United States complaint to the WTO about intellectual property rights and piracy in China despite agreeing with its substance, a senior European official said on Thursday.
The European Central Bank decision on Thursday to leave key interest rates at 3.75% came as no surprise to money markets. However the ECB said it would monitor the risks to price stability very closely, avoiding the stronger word vigilance.