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PHOTO: Austrian skydiver broke sound barrier: spokeswoman Austrian daredevil Felix Baumgartner became the first man to break the sound barrier in a record-shattering freefall jump from the edge of space Sunday.

15 October 2012

World economy needs action from China, EU: Geithner US Treasury Secretary Timothy Geithner said Saturday the global economy was on the mend, but more needed to be done to stoke domestic demand in China and fix Europe's fiscal woes.

14 October 2012

US tipped again for Nobel Economics Prize, as Europe lags Americans top the list of favourites for Monday's Nobel Economics Prize, an award that increasingly rarely seems to go to a European.

14 October 2012

EU's Van Rompuy details eurozone budget rationale EU President Herman Van Rompuy argued Friday that the 17-state eurozone could have a central 'Treasury' with a shared budget and raise funds on commercial bond markets.

14 October 2012

Austrian daredevil to make new space jump bid An Austrian daredevil hopes to make a new record-breaking attempt Sunday to jump from the edge of space, days after his initial bid was aborted at the last minute due to gusting winds.

14 October 2012

Nobel for EU praised in European, not British, press European newspapers on Saturday praised the decision to award this year's Nobel Peace prize to the EU, with the notable exception of the British press, most of which poured scorn on the decision.

13 October 2012

Soyuz rocket launches two satellites as Galileo takes shape Soyuz rocket launched two Galileo satellites into orbit on Friday, marking a crucial step for Europe's planned navigation system, operator Arianespace announced.

13 October 2012

Kyrgyzstan says toppled president's son arrested in London The son of Kyrgyzstan's ousted president has been arrested in London and could be extradited to the United States, the Kyrgyz presidency said late Friday.

13 October 2012

France charges, imprisons seven terror suspects: court source Seven Frenchmen arrested as part of a weekend swoop on a suspected Islamist terror cell believed to have plotted attacks in the country were formally charged Thursday.

13 October 2012

Sarkozy resurfaces at New York bank conference Five months after losing re-election, an unshaven French ex-president Nicolas Sarkozy appeared Thursday at a New York banking conference and reportedly said he looked forward to a "new life."

13 October 2012

Brad Pitt becomes first male face of Chanel No.5 Brad Pitt is set to become the first male face of Chanel No.5, a role previously filled by such fellow Hollywood luminaries as Marilyn Monroe and Nicole Kidman.

13 October 2012

Unemployment 30 mn higher than before crisis: ILO There are now 30 million more people without jobs around the world than before the global financial crisis began, the head of the International Labour Organization said.

12 October 2012

IMF wants to give Greece two more years The International Monetary Fund is happy for debt-battered Greece to have an extra two years to bring its runaway deficit in line with the demands of global creditors.

12 October 2012

EU to sanction states in bid to streamline air traffic The European Commission plans to sanction EU members to nudge them into action on efforts to create a pan-European airspace that would cut costs and delays.

12 October 2012

Spain, France vow action on eurozone crisis The leaders of France and Spain vowed concerted action on the eurozone as they met on Wednesday amid IMF calls for new measures to control the debt crisis threatening the global economy.

12 October 2012

French gang rape trial ends with acquittals, light sentences Two teenage gang rape victims said they had seen a "judicial shipwreck" after a French court acquitted 10 youths and handed down light sentences to four others.

11 October 2012

Munro, Murakami and Roth among Nobel literature favourites With just hours to go before the Nobel Literature Prize laureate is announced in Stockholm, speculation has hit fever pitch with Canada's Alice Munro and Japan's Haruki Murakami often cited as possible winners.

11 October 2012

Nazarbayev arrived in Turkey Kazakhstan President Nursultan Nazarbayev arrived with an official visit in Turkey on October 10.

11 October 2012

Austrian space diver no stranger to danger Felix Baumgartner, the Austrian daredevil who had hoped to make history Tuesday with a jump from the edge of space, is no stranger to death-defying danger.

11 October 2012

Quantam research will yield 'super-computers': Nobel winner David Wineland, who won Tuesday the Nobel Prize for work in quantum physics with Serge Haroche of France, said our limited computers will "eventually" give way to super-fast, revolutionary ones.

11 October 2012

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