China, ahead of G20, backs policy coordination

China responded on Wednesday to a United States proposal for closer cooperation among Group of 20 countries to tackle global imbalances by saying it supported international economic policy coordination. In a statement

British property firms seek $2 bln injection

British housebuilders Barratt and Redrow turned to investors for fresh funds on Wednesday, hoping to repair weak balance sheets and have some money left over to exploit subdued property prices by snapping

Twitter’s Stone says no ads in 2009

Twitter has no plans to put advertisements on the popular microblogging site this year, co-founder Biz Stone said on Tuesday, amid a growing push for the 2-year-old Internet sensation to begin making