Monti forms new Italian government

2011-11-17 06:36:45

Mario Monti on Wednesday took over as Italian new premier and he led the newly selected cabinet ministers to be sworn in.

Italy unveils new technocrat govt

2011-11-17 04:37:24

Mario Monti formed a new technocrat government in Italy on Wednesday to tackle a major debt crisis threatening the entire euro zone.

Oil breaks $100 a barrel in five months

2011-11-16 22:55:43

US crude oil price broke the mark of 100 dollars a barrel after flat opening, as investors embraced political progress in Italy and Greece, the first time since June 9.

Russia's manned spacecraft docks at ISS

2011-11-16 15:37:05

A Soyuz spacecraft carrying two Russian and a U.S. astronaut has docked at the International Space Station (ISS), Russia's space agency Roscosmos said Wednesday.

Ukraine, Russia reach deal on gas price

2011-11-16 13:55:26

Ukraine said Tuesday the country and Russia have agreed on gas prices following talks between senior officials from both countries.

EU toughens regulation on credit rating agencies

2011-11-16 06:49:50

The European Union (EU) unveiled Tuesday proposals to toughen regulations on credit rating agencies (CRAs) to prevent them from 'increasing market volatility further.'

EU plans probe on US bioethanol subsidies

2011-11-15 21:56:00

The European Union's trade authority plans to start an investigation into whether US bioethanol exporters are receiving illegal state subsidies.

The empire barks back

2011-11-15 16:32:47

A cute puppy is dressed in fake ears and a customized Yoda costume.

Need an Olympic party venue? Rent a palace

2011-11-15 16:22:03

The parties will be at the palace - at least during next year's Summer Olympics. Queen Elizabeth II has approved renting out fancy rooms at St. James's Palace as party venues during the 2012 London Olympics.

Santa's office located in Arctic Circle

2011-11-15 13:26:57

The Santa Claus Village is set amongst beautiful scenery at the Arctic Circle in Rovaniemi, Finland, Nov 14.

London 2012 torch relay to feature in soap opera

2011-11-15 10:09:09

The Olympic flame will pay a visit to Britain's most famous launderette and pub next year after London 2012 organisers announced that the torch relay route would pass through the streets of one of the country's most-watched soap operas.

Europe in 'darkest hour' since WWII: Merkel

2011-11-15 09:58:07

German Chancellor Angela Merkel on Monday called the ongoing debt crisis Europe's "darkest hour" since the World War II, but expressed confidence that Germany would emerge stronger.