*PetroChina to triple spending from $500 mln past few years. BEIJING, April 18- Chinese state energy giant PetroChina plans to spend more than 10 billion yuan on shale gas this year, sources with knowledge of the matter said, as domestic competition heats up after rival Sinopec announced a commercial find.» Read More
NEW YORK-- Stocks are higher at midday after an encouraging report from the Labor Department. The Labor Department says applications for unemployment benefits fell last week to 339,000. That's the lowest in more than four years.
DAKAR, Senegal-- The street level of Ousmane Ndiaye's building features a fabric shop. "I could rent this place out for 250,000 francs a month, but I prefer to keep Billal and my sheep here," says Ndiaye, 60, sporting a royal blue boubou as he strokes the head of the sheep he hopes will become a reality television star.
PROVIDENCE, R.I.-- Rhode Island officials say a recent sale of state general obligation bonds shows investor confidence in the state. Lincoln Chafee announced Thursday the state sold $81.4 million in bonds at an interest rate below 3 percent. The bond sale comes after the state saved $7 million in April by selling bonds to refinance $122.9 million in debt.
CHUQUICAMATA, Chile-- From above, it looks like a colossal amphitheater carved from rock, or the vast crater from a meteorite that crashed into Chile's Atacama desert ages ago.
When the stay-at-home mom and her family visited New York from their home in Germantown, Md., they joined the crowd of fans outside the NBC morning show's Rockefeller Center studio.
JUBA, South Sudan-- To fight a backlog of court cases in this poor and rural country, South Sudan plans to introduce mobile courts, a response to criticism that that some defendants have languished in prison for five years without trial.
PARIS-- A bumper season for the French national dish of Coquilles St. Jacques has turned into a bitter dispute in the English Channel, as French fishermen angry over British expansion into their waters surrounded British boats in a show of maritime force.
Kythera Biopharmaceuticals shares are trading above their offering price in their first day listed on the Nasdaq Stock Market. The stock jumped 81 cents, or 4.4 percent, to $19.30 in late morning trading, and earlier traded as high as $20.59.
Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted. On Thursday, Turkey claimed that it forced a Syrian passenger plane to land because it was carrying banned cargo from Russia.
The secular High Court in Malaysia's southern Seremban town rejected a bid by four Muslim transsexuals who were born male to declare the Shariah law unconstitutional. The law is enforced in Shariah religious courts against Muslims, who comprise nearly two-thirds of Malaysia's 29 million people.
RICHMOND, Va.-- The parents of two Virginia Tech students who successfully sued the state for the deaths of their daughters in a 2007 campus massacre now want to hold the university's president accountable for failing to alert students and faculty of the first shootings on campus.
LITTLE FALLS, N.J.-- Cantel Medical Corp. said Thursday its net income more than doubled in the fiscal fourth quarter, helped by a tax benefit and stronger results from its endoscopy and water filtration units. Cantel, which anti-infection equipment for hospitals, said it earned $9.6 million, or 35 cents per share, in the three months ended July 31.
The court earlier ordered the seizure of the Argentine tall sailing ship at Tema harbor following judgments against Argentina issued by the United States District Court and supported by similar court rulings in the United Kingdom. Justice Richard Agyei-Frimpong said Thursday that Argentina had not shown why the injunction on the ship should be set aside.
NEW YORK-- Shares of coal mining companies surged Thursday and Dahlman Rose& Co. predicted that demand may be on the rise from steel manufacturers in China.
NEW YORK-- The nation's crude oil supplies increased last week, the government said Wednesday. Crude supplies grew by 1.7 million barrels, or 0.5 percent, to 366.4 million barrels, which is 8.5 percent above year-ago levels, the Energy Department's Energy Information Administration said in its weekly report.
HONG KONG-- Hong Kong authorities said one woman has died and three others have been hospitalized after undergoing a beauty treatment involving blood transfusions. Hong Kong's Hospital Authority said a 46- year-old woman died Wednesday of septic shock after receiving the treatment at a beauty clinic.
STOCKHOLM-- Chinese writer Mo Yan won the Nobel Prize in literature on Thursday, a cause of pride for a government that had disowned the only previous Chinese winner of the award, an exiled critic. The Swedish Academy, which selects the winners of the prestigious award, praised Mo's "hallucinatory realism" saying it "merges folk tales, history and the contemporary."
TORONTO-- The Canadian government announced Thursday it is extending its review period for the proposed $15.1 billion takeover of Nexen Inc. by Chinese state-owned CNOOC as it needed more time to conduct a "thorough" review of the deal _ China's biggest overseas energy acquisition.