President Obama warned the Holy Land was doomed to perpetual bloodshed, unless the world unites behind his plan for a Palestinian state and a secure Israel.
Drugmaker Abbott Laboratories said it is recalling millions of containers of its best-selling Similac infant formula that may be contaminated with insect parts.
After coping with the worst of the global economic crisis, the International Air Transport Association revised its 2010 industry outlook and is now projecting a profit of $8.9 billion.
When Singapore first announced it was building a Universal Studios theme park, sceptics wondered if the complex would draw enough crowds to be commercially viable.
Vietnam's only karate gold-medal winner at the last Asian Games (ASIAD), Vu Thi Nguyet Anh, will defend her title at the Games in Guangzhou, China in November.
Prime Minister has asked Hanoi and other localities in the nation to build the Culture-Tourism Village of Vietnamese ethnic groups into an attractive destination.