China OKs bid to purchase US battery maker A123
12/02/2012 3:42am
China has approved a proposal by auto parts conglomerate Wanxiang Group Corp. to purchase the assets of bankrupt U.S. battery maker A123 Systems.
Israeli TV station agrees to financial rescue deal
12/02/2012 9:58am
The owner of an Israeli TV station facing crippling debts says he has agreed to government terms to keep it on the air.
Merkel does not rule out Greek haircut after 2014
12/02/2012 10:47am
Germany no longer rules out the possibility of forgiving Greece some of its debt once the country's finances are in order, Chancellor Angela Merkel said, signaling a softening of her government's tough stance on Greece.
Slovenes choose leader amid uncertainty
12/02/2012 10:59am
Voters in small, crisis-hit Slovenia chose a president on Sunday amid growing discontent with government cost-cutting measures designed to avoid an international bailout.
Reports: Delta in talks for Virgin Atlantic stake
12/02/2012 11:40am
Delta Air Lines Inc. is mulling the purchased of a 49 percent stake in British airline Virgin Atlantic Airways from Singapore Airlines Ltd., according to media reports.
Carbon pollution up to 2 million pounds a second
12/02/2012 2:10pm
The amount of heat-trapping pollution the world spewed rose again last year by 3 percent. So scientists say it's now unlikely that global warming can be limited to a couple of degrees, which is an international goal.
AP IMPACT: China surpasses US as top global trader
12/02/2012 7:50pm
Shin Cheol-soo no longer sees his future in the United States.
Singapore in talks to sell Virgin Atlantic stake
12/02/2012 11:50pm
Singapore Airlines said Monday it's in talks to sell its 49 percent stake in billionaire Richard Branson's Virgin Atlantic.
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