South Korea's three opposition parties joined forces Friday and said they would file a lawsuit aimed at overturning a government decision to resume controversial imports of United States beef. They also demanded the resignation of all members of Pre
French tour operators fear a catastrophic plunge in business after an order was apparently given to Chinese travel agents to stop selling trips to the country. France is the most popular European holiday destination for Chinese tourists and some 700
South Korea will open its market to most U.S. beef, a senior government official said Thursday, according to state media. South Korea banned imports of U.S. beef in 2003 amid concerns over a case of mad cow disease in the United States. The ban close
As publishers pray for a new children's series to equal Harry Potter and await the next novel by The Da Vinci Code author Dan Brown, a report released Friday predicts a tight market for at least the next few years. The Book Industry Study Group, a n
French judges filed preliminary insider trading charges Friday against Noel Forgeard, a former co-chief executive of Airbus parent EADS, his lawyer said. The investigating judges ordered Forgeard freed after two days in the custody of financial polic
A former co-chief executive of Airbus parent EADS was detained Wednesday in connection with an investigation into alleged insider trading, a French judicial official said. Noel Forgeard, who resigned in 2006, can be held for up to 48 hours for questi
Oil prices moved higher Wednesday despite a stronger dollar and signs that U.S. demand for oil products is waning in light of a slumping economy and record prices. Oil fell nearly $3 earlier in the day, but rebounded after Morgan Stanley's co-head o
Argentine farm groups went on strike Wednesday for the third time in nearly three months to protest high export taxes. The farm groups said they would suspend grain and beef sales until Monday to protest a 44 percent export tax on agricultural produc
Indonesia will withdraw from the Organization of Petroleum Exporting Countries at the end of the year, the country's energy minister told foreign journalists Wednesday. We are more of an oil consuming country said Purnomo Yusgiantoro, the energy and
il prices held steady below $129 a barrel Wednesday in Asia after dropping more than $3 in the previous session on a growing sense that soaring prices have cut demand for gasoline and other fuel. The normally busy summer driving season in the U.S. ki
Two airlines that only months ago won federal approval to begin highly coveted routes to China are postponing the launch of the new services because of high fuel costs. The requests come at a time of growing strain on the airline industry, which is a
Riot police beat and arrested several protesters early Monday during an illegal rally by hundreds of opponents of a beef import agreement with the United States that has raised fears of mad cow disease in South Korea. Several protesters were taken to
Oil was supported above $132 a barrel Monday in Asia by ongoing worries about global petroleum supplies and the outlook this week for the U.S. dollar. The dollar has weakened over the past week after a modest recovery, and investors will be watching
Rising oil prices are hitting home in Indonesia, one of the world's most populous nations. Indonesian officials said the country is cutting subsidies that have helped consumers in the Asian nation offset fuel costs. The result will be an average inc
Warren Buffett, whose business and investment acumen has made him one of the world's wealthiest men, was quoted in an interview published Sunday as saying the U.S. economy is already in a recession. Asked by Germany's Der Spiegel weekly whether he
