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BP is on Wednesday expected to release findings of an internal investigation into the Gulf oil disaster, the oil giant said.
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BP's stock jumped more than 3 percent after credit rating company Fitch boosted the company's rating three notches. The move came as BP released a report blaming the Gulf oil disaster on multiple causes.
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Thousands of workers across France stage a one-day strike to protest government plans to raise the retirement age.
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In the aftermath of riots that killed 13 people and left over 400 injured, the Mozambican government announced Tuesday that it would implement a price subsidy program to offset price hikes on virtually all basic necessities including bread, water and energy.
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A 'jobs wanted' list covering the entire European Union is being proposed by European Commission President Jose Barroso. He told CNN: "We have a very important number of people unemployed. But at the same time there's... more than four million vacancies."
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Apple's iPad may finally have some competition.
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Many Hong Kong residents blame factories in Southern China for the heavy pollution that hangs over the city, but local polluters are also to blame, including the ships that regularly pass through waters close to the congested city.
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