Hong Kong's Cathay Pacific Airways has ordered 10 of Boeing Co.'s new 747-8 cargo planes and seven long-range 777 passenger jets, the companies said Thursday.
HSBC Holdings PLC said it stopped selling and trading mortgage-backed securities in the United States as the British bank continues to adapt its businesses to turmoil caused by a sharp rise in mortgage defaults and a loss of investor confidence.
Treasury Secretary Henry Paulson urged China on Thursday to work with the United States to improve safety controls on Chinese imports following a rash of unsafe products.
BHP Billiton PLC ended months of speculation Thursday when it confirmed it had approached rival miner Rio Tinto PLC on a potential deal believed to value more than $100 billion (?68.18 billion).
They are not on screen or on strike, but somewhere way behind the scenes in Hollywood, legions of workers are off the job as writers strike against studios.
California and 14 other U.S. states are demanding urgent action on global warming from the U.S. Environmental Protection Agency, arguing in a lawsuit that the environmental and health risks are mounting every day that President George W. Bush's administration delays action.
Debate over U.S. control of core Internet systems threatens to overtake an international meeting in Brazil next week that was meant to cover topics including spam, free speech and cheaper access.
Hong Kong's Cathay Pacific Airways has ordered 10 of Boeing Co.'s new 747-8 cargo planes and seven long-range 777 passenger jets, the companies said Thursday.
CANBERRA, Australia ?Investors seem sure that mining giant BHP Billiton will continue its US$149 billion (?102 billion) pursuit of Rio Tinto, a combination that would control more than one-third of the world's iron ore sales.
Technology stocks made an abrupt U-turn, reducing the gains that had been piling up as investors sought refuge from the lending and housing morass weighing on the U.S. economy.
Charles Prince is leaving Citigroup Inc. at the end of the year with approximately $95 million (?64.78 million) in stock, a bonus and other benefits, but the amount could fall if the embattled company's shares tumble even further.
