• EU leaders reach deals on economy, climate, Lisbon Treaty

    EU leaders reach deals on economy, climate, Lisbon Treaty

    12/12/2008 05:00

    European Union (EU) leaders wrapped up a two-day summit here Friday with compromise deals on an economic stimulus package, climate change and the Lisbon Treaty. European Commission President Jose Manuel Barroso attends a press conference at the EU...

  • U.S. Treasury ready to save automakers after bailout bill fails

    U.S. Treasury ready to save automakers after bailout bill fails

    12/12/2008 05:00

    The U.S. Treasury said Friday it is ready to save the country’s crippled auto industry from bankruptcy after Congress rejected an auto bailout bill hours earlier. A car trailer is seen outside a Chrysler plant in Detroit, Michigan December 11,...

  • Russians buy jewelry, hoard dollars as ruble plunges

    Russians buy jewelry, hoard dollars as ruble plunges

    11/12/2008 05:00

    A visitor looks at an item on display at the annual St.Petersburg’s Jeweler International Exhibition December 11. Moscow resident Tima Kulikov banked on the US government, not the Kremlin, when he sold his...

  • Obama names Daschle as health secretary

    Obama names Daschle as health secretary

    11/12/2008 05:00

    U.S. President-elect Barack Obama on Thursday named former Senate Majority Leader Tom Daschle,a leading advocate for health care reform, to be his health secretary. U.S. President-elect Barack Obama (L) shakes hands with former Senate Majority...

  • Robot that cleans-inventor’s ideal woman

    Robot that cleans-inventor’s ideal woman

    11/12/2008 05:00

    An inventor has created his perfect woman, a robot who can do the cleaning, remember his favourite drink and read him the newspaper headlines. Handy with a Brillo pad - Aiko the robot.(Photo: China Daily) Le Trung, 33, has spent ï¿¡14,000...

  • U.S. auto loan package dies in Senate

    U.S. auto loan package dies in Senate

    11/12/2008 05:00

    A 14-billion-dollar loan package aimed at bailing out the American auto industry from bankruptcy officially died on Thursday night, as it was rejected by the U.S. Senate despite the Wednesday approval by the House of Representatives. Factory...

  • Obama says his office not involved in Illinois governor’s scandal

    Obama says his office not involved in Illinois governor’s scandal

    11/12/2008 05:00

    U.S. President-elect Barack Obama said Thursday that no one in his office engaged in deal making with Illinois Governor Rod Blagojevich over who would fill the Senate seat vacated by Obama. U.S. President-elect Barack Obama talks to the media in...

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