International

Friday, November 30th 2007 - 20:00 UTC
Chinese markets recover and edge above 5.000 points

Chinese stocks made a big comeback on Thursday to edge just over 5,000 points again, recovering part of the more than 20% losses in less than two months reports China's Daily.
Friday, November 30th 2007 - 20:00 UTC
WTO moves to impose tough limit on fisheries subsidies

New negotiating proposals at the World Trade Organization (WTO) on Friday impose tough limits on subsidies on fisheries, a move that delighted environmentalists concerned about over-fishing.
Thursday, November 29th 2007 - 20:00 UTC
Cyprus and Malta will introduce the Euro next January

The European Union said that member nations Cyprus and Malta are prepared to introduce the Euro next January first, which will bring to 15 the number of nations sharing the currency.
Thursday, November 29th 2007 - 20:00 UTC
EU agriculture reform blueprint passes first test

European Union farm ministers gave a fairly warm welcome this week to a blueprint for reforming agriculture policy, focusing on ideas for making countries spend more on rural development and planned subsidy ceilings for large farms.
Thursday, November 29th 2007 - 20:00 UTC
EU warns China of “backlash” if trade gap persists

The European Union trade commissioner warned that China needs to close the trade gap if it wants to prevent a backlash in Europe. Peter Mandelson said that China has become the EU largest trading partner and this status must make Beijing assume “real responsibilities”.
Thursday, November 29th 2007 - 20:00 UTC
Billinton insists with Rio Tinto and making giant company

Resources giant BHP Billiton said Wednesday it still hoped rival Rio Tinto would warm to its uninvited takeover bid, despite opposition from customers who fear it will lead to a stranglehold on prices.
Thursday, November 29th 2007 - 20:00 UTC
UK house prices fall at fastest rate since 1995 in November

United Kingdom house prices fell at their fastest rate for more than 12 years during November, according to Nationwide Building Society. The average cost of a home in the UK dropped by 0.8% during the month, almost wiping out October's unexpected jump of 1.1%.
Thursday, November 29th 2007 - 20:00 UTC
China agrees to eliminate industrial sectors' subsidies

United States Trade Representative Susan C. Schwab announced Thursday that China has agreed to terminate subsidies that the US alleged were illegal under World Trade Organization (WTO) rules.
Thursday, November 29th 2007 - 20:00 UTC
Carbon emissions: “responsibility” lies with rich countries

Days before a major international conference on climate change Brazil again insisted in its opposition to imposing targets on developing countries' carbon emissions arguing the main responsibility falls on developed nations.
Tuesday, November 27th 2007 - 20:00 UTC
Royal Navy launches third and most potent Type 45 destroyer

The Royal Navy's newest and most powerful Type 45 destroyer “Diamond” was launched Tuesday from BAE's shipyard at Govan, on the Clyde, Scotland. Several thousand members of the public attended the launch, including over three thousand local school children.