EU endorses proposal to reduce standby electricity consumption

Wednesday, July 9th, 2008

European Union (EU) member states have endorsed the European Commission's proposal for a regulation reducing standby energy consumption by household and office products, the commission said Tuesday. The regulation lays down energy e ...

EC proposes urgent measures to help fisheries tackle fuel crisis

Wednesday, July 9th, 2008

The European Commission proposed on Tuesday a package of emergency measures to help struggling fisheries sector tackle fuel crisis. The European Union (EU)'s executive arm said the core of the proposal consisted of a regime of tempo ...

U.S. stocks rebound as crude prices plunge

Wednesday, July 9th, 2008

U.S. stocks rebounded sharply Tuesday as crude prices dropped sharply for the second day with all the major indexes up more than 1 percent. Crude prices fell more than 5 U.S. dollars to 136.04 dollars a barrel on the New York Mercan ...

Clean tech gets more venture funding in U.S. companies

Wednesday, July 9th, 2008

More and more worldwide venture funding poures into clean technologies ith U.S. companies in California leading the way, according to the report released on Tuesday by the Clean tech Group, a San Francisco research and strategy firm. ...

Dollar rises on Bernanke comments, lower oil prices

Wednesday, July 9th, 2008

The dollar rose against major currencies on Tuesday as Federal Reserve Chairman Ben Bernanke bolstered the market with a speech and oil prices tumbled. Bernanke promised on Tuesday to consider retaining an emergency lending facility ...

Oil prices continue to slide

Wednesday, July 9th, 2008

Crude futures tumbled more than 5 U.S. dollars on Tuesday as the market worried that the demand would fall due to high oil prices and the tension in the Middle East eased. Light, sweet crude for August delivery dropped 5.33 dollars ...

UN mission trains police officers to protect refugees in Africa

Wednesday, July 9th, 2008

The United Nations peacekeeping mission in Chad and the Central African Republic (CAR) Tuesday began training some 200 police officers tasked with protecting refugees and displaced people in eastern Chad. Police officers with the UN ...

Ecuadorian president appoints replacement FM

Wednesday, July 9th, 2008

Ecuadorian President Rafael Correa appointed Wilma Salgado as finance minister Tuesday, to replace Fausto Ortiz, who resigned amid disagreements with Correa on the closure of two private TV stations and one radio station. The two TV ...