COLOMBO (AFP) - Sri Lanka's central bank on Saturday said it has been buying gold to diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal.
ST ANDREWS, Scotland (AFP) - British Prime Minister Gordon Brown called on the G20 here Saturday to consider a tax on financial transactions among other measures to make banks more accountable to society.
WASHINGTON (AFP) - The jump in US unemployment above 10 percent for the first time since 1983 will pressure President Barack Obama to find additional stimulus to keep a fragile economic recovery on track, analysts say.
SAN FRANCISCO (AFP) - Shell Oil Company will pay California more than 19 million dollars because of environmental violations at service stations throughout the state, officials said.
British Treasury chief Alistair Darling has urged the world's top finance officials to reach an agreement on bearing the cost of fighting climate change before a UN summit on global warming next month.