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  • FAA fires 2 controllers for sleeping on job

    2011-04-21 14:50

    The Federal Aviation Administration says it has fired air traffic controllers in Miami and Tennessee for sleeping on the job.

  • Biofuels to offer 27% transportation fuel by 2050

    2011-04-21 09:09

    The increasing utilization of biofuel can play a role as important as to provide up to 27 percent of world transportation fuel by 2050 if favorable policy and investment are in place.

  • Russia's economy to recover by early 2012: Putin

    2011-04-20 16:56

    Russia's economy will overcome the global economic crisis and recover the losses by early 2012, ahead of schedule, Russian Prime Minister Vladimir Putin on Wednesday said.

  • High oil prices hit China, US demand

    2011-04-20 16:08

    Rocketing oil prices have hit demand in the world's top energy consumers, China and the United States, and OPEC needs to raise output around June to douse further price rises.

  • Toyota cuts China production due to tsunami

    2011-04-20 14:43

    Toyota Motor Co says it will reduce production in China due to disruptions in supplies of parts following Japan's tsunami.

  • ROK needs preparation for free trade deal with China

    2011-04-19 14:43

    ROK's Prime Minister called on Tuesday for "creative" measures to deal with impacts that a potential free trade agreement with China might have on the domestic economy.

  • ROK's top steel maker to raise prices

    2011-04-19 14:35

    Republic of Korea (ROK)'s top steelmaker POSCO will raise prices of its steel products by 160,000 won ($146) per ton this week, local media reported Tuesday.

  • China is important new wine market for NZ

    2011-04-19 12:27

    The New Zealand wine industry sees China as the key to diversifying its export markets.

  • Cuba permits private property transactions

    2011-04-19 11:24

    The ruling Communist Party of Cuba Monday lifted a decades-old ban on private property transactions such as buying and selling of houses and cars at its ongoing Sixth Congress.

  • Apple sues Samsung over Galaxy phones, tablets

    2011-04-19 10:54

    Apple Inc has sued Samsung Electronics Co over patent infringement in a latest suit, US media reported Monday.

  • NZ to launch investment negotiations with HK

    2011-04-19 10:09

    Negotiations between New Zealand and China's Hong Kong Special Administrative Region on an investment protocol will start next month, New Zealand Trade Minister Tim Groser said Tuesday.

  • S&P threatens to cut US credit rating

    2011-04-19 09:25

    S&P threatened on Monday to downgrade the prized AAA credit rating of the US unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years.

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