WELLINGTON (Reuters) - New Zealand will join bigger neighbor Australia in guaranteeing bank deposits in a coordinated effort to combat the global financial crisis, broadcaster TVNZ said on Sunday, quoting Prime Minister Helen Clark.
(Reporting by Adrian Bathgate, editing by Mark Bendeich)
COPENHAGEN (Reuters) - The world should at least halve world greenhouse gas emissions by 2050 with rich nations taking the lead, according to a first draft text on Friday seeking to break deadlock on a new climate pact at U.N. talks.
It made a name for itself by investing in bonds, and now PIMCO has landed in a booming $1-trillion business that, put simply, steers clients through "very hard situations." Full Article
The pressure's on for oil giants looking to secure rare access to cheap Middle East reserves as Iraq gears up to auction off some of the world's largest untapped oilfields. Full Article
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