UNITED NATIONS-- Britain is urging the U.N. Security Council to adopt a resolution calling on all countries not to pay ransom to kidnappers who use the money to finance terrorist groups.» Read More
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Post-Gaddafi Libya could begin pumping oil in the next few months, as rebels secured oil infrastructure around Tripoli and edged closer to taking complete control of the country. However, oil markets are shifting their attention to concerns that the US might undertake further fiscal stimulus.
"The question about interest rates and cheap money is probably more important to the oil market and the commodities sector than what is happening in Libya right now," Johannes Benigni, managing director at research firm JBC Energy, told CNBC.
Oil companies are understood to be preparing to move back into the North African country, which used to pump 1.6 million barrels per day before the uprising against Muammar Gaddafi's government began six months ago.
As the nation tightens its budget belt, the century-old military retirement system has come under attack as unaffordable, unfair to some who serve and overly generous compared with civilian benefits.
Pakistan allowed Chinese military engineers to photograph and take samples from the top secret stealth helicopter that U.S. special forces left behind when they killed Osama bin Laden, the Financial Times has learnt.
Markets could rebound after Thursday's global sell-off, but investors should see any bounce as a selling opportunity, as the world economy rolls towards total collapse, Mark Faber, editor and publisher of the Boom, Doom and Gloom Report told CNBC Friday.
For Angela Merkel there are few things which are as set as her summer holidays. She always leaves Berlin for two weeks with her invisible husband for a hiking holiday in the Tyrol Alps.
Former Egyptian president Mubarak is in a hospital bed, located in a cage in a Cairo court, reports CNBC's Michelle Caruso-Cabrera. Mubarak faces charges of corruption and ordering the killing of protesters.
The increasing acceptance of Islamophobia and anti-immigration rhetoric in the mainstream of European political discourse has created a space for a resurgent and self-confident far-right that has become a credible threat to security and society.
As Saudi Arabia continues to grow rapidly, the dilemma of sufficiently meeting domestic and international crude oil demand becomes one that would lend credence to believers in higher prices down the line, experts and analysts told CNBC.
CNBC.com collected the annual salaries of employees in 10 high-earning government jobs, and compared them with salaries from the same jobs in the private sector. Check out the list!
Not a single Asian country with territorial claims in the South China Sea has installed an oil drill in the heart of the disputed region, but that might soon change.
Congress is starving the agency responsible for bringing financial wrongdoers to justice — while putting over $200 million that could otherwise have been spent on investigations and enforcement actions back into the pockets of Wall Street, the New York Times reports.
A train transporting defense gear from Romania to Bulgaria was broken into and military equipment went missing, Romanian military prosecutors said in a statement on Sunday.
Intense exchanges this week between the two parties have made it clear that this is not so much a negotiation over dollars and cents as a broader clash between the two parties over the size and role of government, reports the New York Times.
Continued political unrest caused Egypt’s benchmark stock index spacer to decline further on Monday, with added pressure coming from the selloff in other global markets.
The Iraqi government is expected to sign a $12 billion gas deal with Royal Dutch Shell and Mitsubishi Corp on Tuesday, Dow Jones reported.
Our special report, "NASA: The Next Generation," explores the impact of the space shuttle's end to the future of the agency and America's place in space.
The end of NASA’s space shuttle program will limit U.S. manned flight in the short term but is unlikely to threaten the country's long-term competitiveness in the space sector.