Philadelphia celebrates Dickens’ 200th birthday

Sophie Pettit, 9, from Jenkintown, Pa., places a wreath on the head of the Little Nell, portion of the bronze statue of Charles Dickens and Little Nell, as they celebrate the 200th birthday of Charles Dickens Clark Park Sunday, Feb. 5, 2012 in Philadelphia. The Philadelphia public library and Friends of Clark Park are among numerous groups worldwide celebrating the novelist’s 200th birthday. He was born in Portsmouth, England, on Feb. 7, 1812. (AP Photo/Alex Brandon) Past the glass case containing sketches for his novel “Oliver Twist,” beyond the handwritten letter to his publisher about Little Nell, and away from the first published installments of “Hard Times” sits Charles Dickens’ pet bird.

China bans airlines from paying EU carbon charges

Airlines have denounced EU scheme as a new tax and warned that it would cost the industry $23.8 bn over eight yearsChina said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.

EU says China may become its biggest market in 2012

German Chancellor Angela Merkel was in China for a three-day trip aimed at boosting her hosts' confidence in EuropeThe EU ambassador to China said Monday the Asian powerhouse could become Europe’s biggest export market this year, overtaking the United States, as Beijing boosts domestic demand.

Oil may hit $160 amid tension: Kuwait official

Crude prices were lower in Asian trade Monday as concerns over Greece outweighed worries about supply disruptionsOil prices could soar to as high as $160 a barrel if tension over an Iranian oil embargo persists or in the event of conflict, a top Kuwaiti oil executive said in remarks published on Monday.

Indonesia posts 6.5% GDP growth for 2011

Indonesia, which has a population of 240 million people, has seen its economy expand steadily in recent yearsIndonesia said Monday its economy grew at the fastest rate for 15 years in 2011, spurred by strong household consumption and private investment in Southeast Asia’s biggest economy.

Suzuki sales slip, downgrades annual forecast

Suzuki has admitted it is still struggling to recover from the impact of the March 11 earthquake and tsunamiJapan’s Suzuki Motor said Monday its net profit fell 4.7 percent for the nine months to December and it also downgraded annual sales forecast due to the impact of a strong yen and a slump in India.

Not-for-profit news site launched in Australia

A new not-for-profit media group was launched in Australia Monday entirely funded by a philanthropist who has pumped Aus$15 million into a start-up that promises “fearless, independent” journalism.

Qantas chief slams pro-Australia laws

Qantas Chief Executive Alan Joyce, pictured in Sydney, in 2011Qantas chief Alan Joyce on Monday warned the airline would be forced to slash services and expressed “grave fears” for its future if proposed laws strengthening its ties to Australia went ahead.

Australian billionaire threatens family ransom funds

According to Forbes Asia, Gina Rinehart could soon challenge Wal-Mart widow Christy Walton as the world's richest womanAsia’s richest woman, Australian mining magnate Gina Rinehart, threatened to axe her children’s ransom insurance as a bitter legal dispute raged over a family trust, according to reports.

Boeing faces new problem with Dreamliner: report

Boeing has discovered a manufacturing error causing delamination in a fuselage section of some 787 DreamlinersUS aircraft manufacturer Boeing has discovered a manufacturing error causing delamination in a fuselage section of some 787 Dreamliners, The Seattle Times reported.