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India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, Standard and Poor's warns

S&P warns India could face junk status

India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, in another blow ... Continue Reading →

A China Southern Airbus plane is seen during the Paris International Air Show at Le Bourget airport, on June 23, 2011

China ‘will not accept’ carbon tax on EU flights: report

China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission ... Continue Reading →

Christophe de Margerie, speaks during the general meeting of shareholders on May 17, 2013 in Paris

Total boosts exploration, production drive: CEO

The development of new oil reserves and a more aggressive exploration strategy will enable French oil group Total to meet its targets for boosting production ... Continue Reading →