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Winfrey heads Forbes celeb 'power' list

Television talk show queen Oprah Winfrey was named the most powerful celebrity in the world on Wednesday as Forbes.com released its annual list of the top movers and shakers in the entertainment industry.
27 June 2013 11:35

EU ministers agree on new bank rescue rules

European finance ministers on Thursday agreed a draft deal on new rules for bank rescues that will only allow bailouts by taxpayers in exceptional cases and shift the burden onto bank owners, creditors and large depositors.
27 June 2013 10:30

'Fast, cheap' Internet satellites launched

The first four of 12 satellites in a new constellation to provide affordable, high-speed Internet to people in nearly 180 "under-connected" countries were blasted into Space.
26 June 2013 18:39

Australia takes Japan to top UN court to stop whaling

Australia takes its legal battle to stop Japanese whaling in the Antarctic before the UN's highest court on Wednesday, in an emotionally-charged case activists say is make-or-break for the giant marine mammals' future.
26 June 2013 17:09

Rising seas washing away Pacific leader's home island

As the US urges world leaders to ramp up action on climate change, the leader of one small island chain in the North Pacific Ocean has already got the message -- watching helplessly as rising seas slowly erode his birthplace.
26 June 2013 16:38

Mongolians go to polls hoping for mining wealth

Mongolians headed to the polls Wednesday for a presidential election with the three candidates promising fairer wealth distribution from a spectacular mining boom that has raised questions over the role of foreign investors.
26 June 2013 15:39

US fines 'Hezbollah' bank $102 mn for laundering

A Lebanese bank accused of laundering money from drugs and other operations for clients tied to Hezbollah militants agreed Tuesday to pay US authorities $102 million to settle the charges.
26 June 2013 15:01

Paris fashion week kicks off

After London and Milan, Paris on Wednesday picks up the fashion baton with the start of nine days of catwalk collections for 2014 kicking off with menswear and ending with haute couture,
26 June 2013 13:41

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