Chevron appeals against Ecuador Amazon pollution fine

US oil giant Chevron has launched a legal appeal against a $9.5bn (£5.9bn) fine by an Ecuador court for polluting much of the country's Amazon region. Chevron accused lawyers and supporters of the indigenous groups who brought the case of…

Greece, Portugal Face New Credit Warning

A leading financial services company says it could further downgrade the credit standing of Greece and Portugal as the two countries struggle to control the finances of their debt-ridden governments. Standard & Poor's said Wednesday it is keeping…

European Leaders Agree to Closer Economic Cooperation

Leaders of the 17 European nations that use the euro have agreed “in principle” to limit public debt and coordinate their economic policies. The so-called “pact for the euro” is to be formally adopted at a summit of all 27 European Union members…

Obama to Face Reporters on High US Gasoline Prices

The White House says President Barack Obama will hold a news conference Friday morning to answer questions about rising U.S. gasoline prices. Officials say he likely will be asked about the turmoil in Libya, which has been a major cause of high…

Japan quake: Fukushima plant alarming, says Naoto Kan

A nuclear plant damaged in Friday's quake remains in an alarming…

Japan’s Quake Could Be Most Expensive

The full extent of the economic impact of Friday's earthquake and tsunami in Japan is not yet clear, but some experts say it could be the most expensive in history. Hundreds of factories across Japan, including carmakers Toyota and Nissan, are…

Wikileaks row: US spokesman Crowley quits over gaffe

US state department spokesman PJ Crowley has resigned after calling the treatment of the man accused of leaking secret cables to Wikileaks "stupid". He said he was taking responsibility for the impact of his remarks about Bradley Manning. Private…

Bahrain unrest: Manama erupts in violence

Bahraini police and protesters have clashed in several areas of the capital, Manama, in some of the worst unrest for weeks. Security forces used tear gas and rubber bullets to battle protesters who had managed to blockade main roads into the…

Thousands protest against Germany’s nuclear plants

Tens of thousands of people have protested in Germany against the government's plans to extend the life of its nuclear reactors. Demonstrators in Stuttgart formed a human chain reaching 45km (27 miles) for the protest, planned before the current…

UK bids to host 2017 World Athletics Championships

UK Athletics is to launch a bid to bring the World Championships to London in 2017. A letter has been sent to international governing body the IAAF, which will be followed by a formal bid in September, with a final decision due in November.…