Trouble has flared as world leaders gathered Thursday in the US city of Pittsburgh for the G20 summit. Reports said riot police used pepper gas and fired rubber bullets at protesters on a march near the venue.
British Prime Minister Gordon Brown denied Thursday reports of a rift with Barack Obama following reports that Washington repeatedly rebuffed requests for a one-to-one meeting with the US president.
The US Federal Reserve said that even when economic activity is picking up, it expects to keep interest rates close to zero for an extended time and will continue to support mortgage lending and housing markets and to improve overall conditions in private credit markets.
US president Barack Obama has led the way as world leaders and industry chiefs seek to build momentum for a new international deal on climate change. Mr Obama told a United Nations summit on greenhouse gas emissions that the US was determined to act on global warming.
China has appealed a World Trade Organisation (WTO) decision against its restrictions on the import of US DVDs and other media products. The WTO settlement had said China was breaching international trade rules by blocking foreign-owned firms from being importers and wholesalers.
United States President Barack Obama said he would push world leaders this week for a reshaping of the global economy in response to the deepest financial crisis in decades. Meantime in Europe, officials kept up pressure for a deal to curb bankers' pay and bonuses at a two-day summit of leaders from the Group of 20 countries, which begins on Thursday.
United States credit rating agencies will face tighter supervision under new rules adopted by the US financial watchdog.
The United States and Cuba have begun talks on resuming direct mail service, which has been suspended since 1963. US Deputy Assistant Secretary for Western Hemisphere Affairs Bisa Williams is leading the delegation to the negotiations in Havana.
Brazil's JBS, the world's biggest beef producer, agreed this week to buy a controlling take in bankrupt US poultry producer Pilgrim's Pride and JBS' Brazilian beef rival Bertin.
United States Trade Representative Ron Kirk said on Thursday the administration of President Barack Obama was interested in promoting a bilateral trade agreement with Brazil, even when it could mean bypassing Mercosur.