The United States faces a tense week in China as high-level talks on trade and global hot spots like Iran and North Korea open in the shadow of a blind Chinese activist's bold escape from house arrest

Goldman Sachs' Jim O'Neill has been approached by Britain's finance ministry as a possible candidate to be the next governor of the Bank of England, the Sunday Times reported.

O'Neill, who coined the

India is likely to allow fresh exports of cotton, government and trade officials said on Monday, after the world's second-biggest producer banned fresh overseas sales last month.

The government and t

Germany's Adidas raised its outlook for 2012 driven by better than expected sales in China and Japan in the first-quarter even as it announced probe into charges related to 'commercial irregularities'

Norway's Telenor has written down its remaining 3.9 billion Norwegian crowns of Indian assets and warned it would exit the market if current plans for a mobile telephone spectrum auction go ahead.

St

Libya's former top oil industry official, Shokri Ghanem, has been found floating dead in the River Danube in Austria, police said on Sunday.

Ghanem, 69, had been chairman of Libya's state-owned Natio

Britain's wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List, at a time when most Britons' earnings and savings were squeezed by infla

LG Electronics will steal a march on its rivals by bringing forward the launch of a 55-inch flat TV using next-generation technology, raising the stakes in a cut-throat battle for the living room betw

China's internet censors have a dim view of Facebook, but that has not stopped it from being a model of sorts for the country's securities regulator, IFR reported on Saturday.

At a regular training s

One year after some two billion people around the world tuned into watch Britain's Prince William marry Kate Middleton, the global media remain captivated with the lives of the now Duke and Duchess of