Latest Business Wires

Defense lawyers are alleging misconduct by Justice Department prosecutors in the case against one of five Blackwater security guards accused in the killings of 17 Iraqis in Baghdad.

The London Stock Exchange PLC halted trading for three and a half hours on Thursday because of a technical glitch that prevented some customers from connecting to its systems.

DUBAI, United Arab Emirates — Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai's reputation as a magnet for international investment.

Next month's Copenhagen summit needs to make significant progress toward a new climate-change deal, a leading reinsurer said Thursday, arguing that global warming already is costing billions of dollars per year.

Is the world drowning its sorrows in cheap wine?

An Italian Senate committee has decided to keep the RU-486 abortion pill off the market while its safety is evaluated.

DHL Express said Thursday it plans to shift its European headquarters from Belgium to Germany and the Czech Republic with the loss of up to 788 jobs in Brussels.

President Barack Obama and a top House Republican acknowledged in holiday messages the economic struggles facing Americans but offered starkly different recipes for relief.

Georgia is very worried about the possible sale of French warships to Russia and intends to press the issue of security guarantees in France, the country's foreign minister said Thursday.

Japan's biggest news agency Kyodo News and Mainichi Newspaper Co., the country's third-largest general newspaper, said Thursday they agreed to form a comprehensive media and business tie-up beginning in April.

Nokia Siemens Networks will operate Zain's mobile networks in East Africa in a major, five-year deal, the two companies said Thursday.

BAE Systems PLC, the world's No. 2 defense contractor, said Thursday that it is planning to axe around 640 jobs because of an expected downturn in its workload.

Shares of major lender China Minsheng Banking Corp. slid more than 3 percent in their first day of trade in Hong Kong Thursday amid anxiety this year's stimulus-fed credit surge might weigh on the industry's profits.

European Union antitrust regulators have charged Royal Philips Electronics NV and others with running a cartel to fix the price of cathode ray tubes used in televisions and computer monitors, the EU executive and Philips said Thursday.

The head of the International Energy Agency on Thursday applauded President Barack Obama's plans to commit the U.S. to significant greenhouse gas reductions at next month's Copenhagen climate summit.

Taiwan's economy contracted at a slower pace year-on-year in the third quarter and the government raised its growth forecast for 2010 as rising demand from mainland China spurs a recovery.

China announced plans Thursday to drastically boost its energy efficiency as part of its contribution to the fight against global warming.

Malaysia's government plans to impose a 4 percent goods and services tax by 2011 to boost revenue by an additional 1 billion ringgit ($297 million) annually, a senior official Thursday.

Australian authorities have slapped U.S. private equity firm TPG with a bill for 678 million Australian dollars ($629 million) in taxes and penalties, a move that is sending chills down the spines of foreign investors.

Nebraska prosecutors have dismissed all charges against two car dealership executives accused of stealing more than 80 vehicles off their own lot.