• Economic crisis boosts distrust of business: watchdog

    Economic crisis boosts distrust of business: watchdog

    03/06/2009 05:00

    People carry their produce to the market in Fundong, Cameroon in September 2008. Distrust of business has risen in the wake of the financial crisis and about half those surveyed around the world see the private...

  • Bernanke says U.S. needs to curb record-high budget deficit

    Bernanke says U.S. needs to curb record-high budget deficit

    03/06/2009 05:00

    U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday that the United States should begin efforts to curb the record-high U.S. budget deficit. U.S. Federal Reserve Chairman Ben Bernanke “Certainly, our economy and financial markets...

  • Trial of American journalists to begin: KCNA

    Trial of American journalists to begin: KCNA

    03/06/2009 05:00

    The Democratic People’s Republic of Korea (DPRK) started a trial of American journalists Laura Ling and Seung-eun Lee at 3 p.m. (0600 GMT) Thursday on the basis of the indictment already brought against them, the official KCNA said. File photo...

  • More Flight 447 debris found, black box hardly retrievable

    More Flight 447 debris found, black box hardly retrievable

    03/06/2009 05:00

    More debris from the Air France Flight 447 has been found on Wednesday, but the whereabouts of its black box remained a mystery. Brazil’s Defense Minister Nelson Jobim attends a press conference held in Brasilia, Brazil, June 3, 2009. Brazil...

  • GM announces preliminary agreement to sell Hummer

    GM announces preliminary agreement to sell Hummer

    02/06/2009 05:00

    General Motors Corp. announced on Tuesday it had entered into a memorandum of understanding (MoU) with a buyer for Hummer without disclosing the buyer’s name or the price. A Hummer is on sale at a dealer in Flint, Michigan, the United States, May...

  • U.S. automaker Chrysler seeks to close Fiat deal

    U.S. automaker Chrysler seeks to close Fiat deal

    02/06/2009 05:00

    U.S. automaker Chrysler LLC, which filed for bankruptcy protection a month ago, has asked the federal bankruptcy judge overseeing its case to close a deal on Thursday to sell its bankrupt assets to a new automaker in partnership with Fiat SpA, reports reaching...

  • Brazilian defense minister confirms Air France plane crash

    Brazilian defense minister confirms Air France plane crash

    02/06/2009 05:00

    The three-mile (five kilometers) path of wreckage found in the Atlantic Ocean belongs to an Air France jet carrying 228 people that was believed to have crashed into the sea, Brazilian Defense Minister Nelson Jobim confirmed on Tuesday. Brazilian...

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