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Crude prices rebound to seven-month high on bullish job data
04/06/2009 05:00Crude prices rebounded to a new seven-month high on Thursday after government data showed a drop in jobless claims, rekindling investors’ hope for a more possibly economic recovery. Light, sweet crude for July delivery jumped 2.69 U.S. dollars,...
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Debris found in Atlantic not comes from doomed plane
04/06/2009 05:00Searchers on Thursday located more debris near where Air France Flight 447 went down in the Atlantic Ocean but officials said the matter didn’t come from the airplane. Brazilian Air Force Brigadier Ramon Borges Cardoso (L) arrives to give a news...
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Britain’s Pension Secretary resigns amid Labor MP mutiny
04/06/2009 05:00Britain’s Work and Pensions Secretary James Purnell resigned on Thursday amid a mutiny from Labor members of parliament (MPs) and calls for a general election. Britain’s Work and Pensions Secretary arrives for a cabinet meeting at 10 Downing...
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GM, Chrysler say dealer cuts critical to survival
03/06/2009 05:00The chief executives of auto giants General Motors and Chrysler told the Congress on Wednesday slashing dealer networks was critical to their companies’ survival. The logo of General Motors Corp. (GM) is seen in front of the GM headquarters in...
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EU to earmark 19 billion euros to boost employment
03/06/2009 05:00The European Commission proposed on Wednesday measures to fight unemployment, boost job creation and upgrade worker skills with a fund support of 19 billion euros (about 26.99 billion U.S. dollars). Under the plan of Shared Commitment for...
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New Air France debris found, explosion unlikely
03/06/2009 05:00Air France employees react outside the Notre-Dame Cathedral in Paris after an ecumenical church service on June 3, 2009 for relatives and families of the passengers of Air France’s flight 447 that vanished Monday over the...
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GM, Chrysler say dealer cuts key part of revival
03/06/2009 05:00General Motors CEO Fritz Henderson speaks at a news conference following GM’s bankruptcy filing in New York, June 1, 2009. Top executives of General Motors Corp and Chrysler LLC were pressed by angry U.S....
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