SYDNEY/ LONDON, Nov 30- BHP Billiton shares dropped more than 5 percent to a seven-year low on Monday after Brazil announced plans to sue the mining company and its partners for 20 billion reais over the bursting of a dam. The dam, holding back waste water from the Samarco mine in southeastern Brazil, burst on Nov. 5, polluting a major river valley and killing at least 13...» Read More
There seems to be little news to merit any optimism. The challenges facing Japan are great and daunting. But let's not discount the resilience and determination of the Japanese and let's not dismiss the Japanese economy.
Supply disruptions related to the earthquake and related crisis in Japan haven't affected Mercedes-Benz yet, but could down the road, warned Ernst Lieb, the automaker's U.S. CEO, in an interview with CNBC.
A CNBC analysis of how markets reacted to previous nuclear accidents may help explain and predict the impact of the emergency in Japan.
The tsunami that devastated Japan's coast is a tragic reminder that we have an uneasy relationship with our oceans. If we do nothing to address climate change, by the end of this century ocean levels will rise 30 to 55 inches, turning future tsunami into full-blown disasters.
Natural gas may be having its day, as its rival energy sources come under a cloud. The serious problems at the nuclear power plant in Japan have raised new doubts about the safety of nuclear energy the New York Times reports.
In the wake of Japan’s cascading disasters, signs of economic loss can be found in many corners of the globe, from Sendai, on the battered Japanese coast, to Paris to Marion, Ark., reports the New York Times.
Plans to develop new nuclear reactors may have to be put on hold until world leaders assess the causes of Japan's nuclear disaster and how to prevent a repeat of the accident, Luis Echavarri, director of the OECD's Nuclear Energy Agency told CNBC.
The Group of Seven nations have agreed to a secret protocol to guide their coordinated intervention and won’t reveal it in order to keep currency markets guessing, according to people familiar with the matter.
As the market begins the process of second guessing the G7’s coordinated action to keep the yen lower, High Frequency Economics is warning investors the damage caused by the disaster in Japan is being both understated by the government and underappreciated outside of people in the immediate vicinity.
Japan will get what it wants from the Group of Seven teleconference of finance ministers and central bankers Thursday night, but G-7 sources say the group is still waiting for Japan to ask.
It is often said that a picture speaks a thousand words, but these images arguably speak volumes about the violence and political turmoil in Libya and Bahrain.
As Japan’s nuclear crisis intensified Wednesday, governments across Europe remained at odds over whether to scale back nuclear power programs or continue plans to expand, reports the New York Times.
As Japan's nuclear crisis continues to unfold, many are wondering whether the U.S.'s nuclear plants face a similar threat. A look at where the risks are.
On March 11, 2011, an earthquake measuring 9.0 on the Richter scale struck Japan, bringing a destructive tsunami along with it. See 11 other history-making nuclear disasters.
The International Energy Agency says Libyan oil exports have "ground to a halt" because of the fighting between rebels and forces loyal to Libyan leader Moammar Gadhafi.
PepsiCo on Tuesday unveiled a bottle made entirely of plant material, which it says bests the technology of competitor Coca-Cola and reduces its potential carbon footprint.
Following the huge losses on the Nikkei, with more than $700 billion dollars wiped off the Japanese market in just two sessions, one economist is predicting the tragic events in Japan will be an "excuse" 'to move to quantitative easing in all major markets.
The world's biggest nuclear power is France, where 58 plants generate 75 percent of the nation's electricity.
The biggest earthquake on record to hit Japan in 140 years sent stock markets across the globe sharply lower, while the yen and oil prices also fell.
The spike in the price of an oil barrel has been caused by “market pricing and risk premium on the future oil supply,” not a lack of supply, Rex Tillerson, CEO and chairman of Exxon Mobil, told CNBC Wednesday.