Saudi Arabia finally looks beyond oil

The country's oil reserves may be running out more quickly than anticipated. Saudi Arabia now wants a share of the UN's $100 billion climate fund in a bid to explore clean energy options.

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Air France and Delta may be looking at picking up Virgin Atlantic

According to this report, the consortium is trying to tempt Virgin into joining its alliance and has hired Goldman Sachs as an adviser.

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Cotton soars above $2 a pound for the first time

A rapid rise in global growth has boosted demand for Chinese garments-while supplies are shrinking. China is the world's largest fibre consumer and importer.

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