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Feb 12 2012 15:59
Moral hazard, financial weapons of mass destruction, a huge mess - these were the words used by a founder member to sum up the collapse of the Pinnacle Point Group.
Feb 12 2012 15:58
Construction companies are now undertaking a second round of self-examination into uncompetitive behaviour.
Feb 12 2012 14:54
American billionaire George Soros has slammed German Chancellor Angela Merkel, warning that her policies could lead to a repeat of the Great Depression.
Copenhagen - UN climate talks have been thrown into disarray as developing countries blocked negotiations, demanding that rich countries raise their pledges for reducing greenhouse gas emissions.
Representatives from developing countries said they refused to participate in any working groups on Monday at the 192-nation summit until the issue was resolved.
The move was a setback for the Copenhagen talks, which were already faltering over long-running disputes between rich and poor nations over emissions cuts and financing for developing countries to deal with climate change.
- AP