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Petrofac, Abu Dhabi's Mubadala start joint venture

Posted: 09/01/2008 - Oil industry service provider Petrofac and the Abu Dhabi state investment firm Mubadala say they plan to establish a new energy-related joint venture in the oil-rich emirate.

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Alitalia files for bankruptcy protection

Posted: 08/29/2008 - Italy's national airline Alitalia says it has filed for bankruptcy protection, taking the first step in reshaping what has been a failing company.

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EU appeals WTO banana ruling

Posted: 08/28/2008 - The European Commission says it has filed an appeal at the World Trade Organization against a ruling that found European import tariffs for bananas unfairly discriminated against Latin American countries.

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Ancient Dead Sea scrolls to go online

Posted: 08/27/2008 - Israeli and American scientists are bringing the oldest known version of the Hebrew Bible into the 21st century. They're digitally reproducing the Dead Sea Scrolls online.

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Russia recognizes breakaway Georgian regions

Posted: 08/26/2008 - Western governments are already criticizing Russia's decision to formally recognize the breakaway territories at the heart of its war with Georgia.

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UN: Opium cultivation drops in Afghanistan

Posted: 08/26/2008 - The U.N.'s anti-drug office says opium poppy production in Afghanistan was down 19 percent this year compared to 2007 due to successful campaigns in the north and east though fields in the south remain awash in the heroin-producing crop.

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Python kills intern at Venezuelan zoo

Posted: 08/25/2008 - A college student working the night shift at a Venezuelan zoo is dead after letting a 10-foot python out of its enclosure.

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Russian lawmakers recognize Georgia separatists

Posted: 08/25/2008 - The European Union and the U.S. say Georgia's two breakaway provinces should remain part of Georgia following a unanimous vote by the Russian parliament to recognize their independence.

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US: Draft pact struck on US forces in Iraq

Posted: 08/20/2008 - A senior U.S. military official says the U.S. government has approved a draft agreement on reducing the American military presence in Iraq.

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