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Clinton to unveil progress in AIDS treatment for children
Dec 18 12:40 PM US/Eastern

Former US President Bill Clinton is to announce new progress in HIV/AIDS treatment for children in an event to mark World AIDS Day in India as part of an Asian trip, his foundation said.

US medical device maker Biomet accepts 10.9 bln dlr buyout
Dec 18 11:51 AM US/Eastern

US medical device group Biomet Inc. said it had agreed to be acquired by a private equity consortium for 10.9 billion dollars. In a separate announcement, Biomet said it was...

Carnival to buy Italian-made cruise ship for 565 million euros
Dec 18 11:40 AM US/Eastern

Carnival Corporation, the US cruise liner group listed in London, said it had exercised an option to buy a new vessel from Italian shipbuilder Fincantieri at a cost of about 738 million...

Russia's Lukoil agrees to buy 376 gas stations from ConocoPhillips
Dec 18 11:16 AM US/Eastern

Top private Russian oil company Lukoil said it would buy 376 petrol stations in six European countries from US oil major ConocoPhillips. "The agreement covers 156 stations in

US current account gap rises to 225.6 billion dollars
Dec 18 9:18 AM US/Eastern

The US current account deficit, the broadest measure of trade and investment flows, rose to 225.6 billion dollars in the third quarter, the Commerce Department reported. The...

Express Scripts offers 26 billion for Caremark
Dec 18 9:03 AM US/Eastern

The US healthcare company Express Scripts offered 26 billion dollars in cash and shares Monday for drug distributor Caremark Rx, topping a 21-billion-dollar offer by the pharmacy chain CVS.

Westinghouse deal kicks off Chinese nuclear energy drive
Dec 18 8:23 AM US/Eastern

China's decision to buy four nuclear power reactors from US-based Westinghouse represents a major step in an ambitious drive to boost atomic energy production. In March this...

Astronauts set for unplanned space walk to fix solar array
Dec 18 8:22 AM US/Eastern

Astronauts are set to undertake another space walk to dislodge a stuck solar array on the International Space Station, following several failed attempts to fold the array automatically.

Congratulations! You've been named Time magazine's person of the year
Dec 17 5:26 PM US/Eastern

Time magazine has named 'You' as its person of the year, with a mirror cover designed to reflect the importance of user-generated Internet content as a driving force in the modern world.

Powell, Democratic leaders reject boosting Iraq troop levels
Dec 17 1:08 PM US/Eastern

Former US secretary of state Colin Powell and top Democratic lawmakers rejected reported White House plans to hike US troop levels in Iraq, with Powell calling the US military "about...

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