(MENAFN - AFP) IMF chief Christine Lagarde faces another day of questioning after being grilled for hours Thursday by French prosecutors who are deciding if she should be charged over a state payout to a disgraced tycoon during her time as finance minister.
Lagarde has downplayed the investigation, but the stakes are high for both her and the International Monetary Fund, ...
(MENAFN - AFP) Global oil prices closed little changed Thursday, recovering from sharper losses earlier in the day after weak Chinese manufacturing data.
New York's main contract, West Texas Intermediate light sweet crude for July, edged down three cents to settle at $94.25 per barrel. WTI had hit an intraday low of $92.21.
(MENAFN - AFP) A blockbuster study in which US researchers reported that they had turned human skin cells into embryonic stem cells contained errors, its lead author has acknowledged.
Shoukhrat Mitalipov nevertheless adamantly stood by the conclusions of the study published last week in journal Cell, which reported that human stem cell lines for the first time had been ...
(MENAFN - AFP) Archeologists have found nearly 5,000 cave paintings made by hunter-gatherers in a northeastern Mexico mountain range where pre-Hispanic groups were not known to have existed.
The yellow, red, white and black paintings depict humans, deers, lizards and centipedes, suggesting that the groups hunted, fished and gathered food, according to the National Anthropology ...
(MENAFN - AFP) Germany is the most popular country in the world despite well-publicised protests against its insistence on austerity measures within the European Union, an annual poll for the BBC World Service revealed on Thursday.
More than 26,000 people from around the world were asked to rate 16 countries on whether their global influence was "mainly positive" or "mainly ...
(MENAFN - AFP) NYSE Euronext with spin off European stock exchange group Euronext via an initial public offer rather than sell it following its merger with InterContinentalExchange (ICE), a senior executive said Thursday.
"It will be an IPO," said deputy chief executive Dominique Cerutti on the sidelines of the launch of EnterNext, NYSE Euronext's new exchange for small ...
(MENAFN - AFP) Amid a heated takeover battle for US wireless carrier Sprint, Japan's Softbank has taken unusual steps to allay national security concerns about the deal, but a rival bid claims this is insufficient.
Documents filed by the Japanese mobile operator this month show it would create a security director on the Sprint board "subject to US government approval," ...
(MENAFN - AFP) Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant.
"I can confirm that the Civil Aviation Administration of China has granted type certification for the 787 Dreamliner," a Boeing spokesman said in an email.
(MENAFN - AFP) The H7N9 strain of bird flu can spread among ferrets and could do the same among humans under certain conditions, according to lab animal studies on the virus published Thursday.
So far there have been no known cases of human-to-human spread of the new virus, which has infected 131 people and killed 36 since it first emerged in China in March.
(MENAFN - AFP) The world economy should start to make a weak recovery this year, but the United Nations said Thursday that Japan faces "risks" with its pump-priming spending and saw no end to Europe's unemployment agony.
The UN revised downward its forecast for the world economy to 2.3% growth this year, followed by 3.1% in 2014. It had previously predicted a 2.4% rise ...