International

Switzerland selling UBS stake after US tax accord
20/08/2009 05:00
People enter and leave the building of Swiss bank UBS in Midtown Manhattan in New York City on Wednesday The Swiss government is selling its 6 billion-Swiss franc investment in UBS AG, the countryâs biggest...
Unileverâs Polman may pass old P&G bosses with cheap margarine
20/08/2009 05:00
Various products made by Hindustan Unilever Ltd., sit for sale on a store shelf in Mumbai, India. Chief Executive Officer Paul Polman gave Unileverâs margarine managers 30 days to devise a plan to restore...
Somali insurgent groups retake towns from gov’t forces
20/08/2009 05:00
Islamist rebels in Somalia have retaken two main southern towns as heavy fighting in the center of the war-torn country left almost 20 people, mostly fighters, dead and dozens more wounded. Two insurgents from the Somali rebel group of Al-Shabaab...
U.S. gov’t promotes small business clean energy research
20/08/2009 05:00
The U.S. government announced Thursday 37 million U.S. dollars in funding to help small businesses’ clean energy technology research and job creation. eSolar’s first commercial solar power plant in the desert city of Lancaster, California is seen...
Oil prices rise, in line with global stock markets
19/08/2009 05:00
World oil prices rose Tuesday in line with rebounding stock markets and as Hurricane Bill picked up strength in the Atlantic Ocean, albeit far from US oil rigs in the Gulf of Mexico....
Cyber crooks riding social-networking wave: report
19/08/2009 05:00
Customers are seen browsing the Internet at a cybercafe in Ivory Coast, Abidjan, which has become a leader in cybercrime. A hacking incident report released Monday warns there has been a steep rise in attacks at...
Five Chinese firms on Fortuneâs 100 list
19/08/2009 05:00
Five Chinese companies have made their way onto Fortuneâs list of the 100 fastest-growing firms in the world, with two among the top 10 thanks to Chinaâs Internet boom, the magazine said Tuesday. Sohu.com, a popular Chinese Internet portal,...