NEW YORK, July 20 (UPI) -- CIT Group Inc., a leading U.S. lender to small and midsize businesses, secured $3 billion in last-minute rescue financing, people briefed on the matter said.

MUNICH, Germany, July 17 (UPI) -- The Nabucco natural gas pipeline to Europe is not a source of envy for Moscow as Russian President Dmitry Medvedev lobbies for the rival Nord Stream in Germany.

PERTH, Australia, July 15 (UPI) -- An automotive writer went twice the speed limit while test driving a Ferrari in Western Australia, endangering other test drives, a fellow reviewer says.

LONDON, July 15 (UPI) -- Delays in policy statements from the British government regarding green energy financing are causing setbacks and job losses, businesses complain.

FRANKFURT, Germany, July 14 (UPI) -- The amount of goods leaving factories in 16 countries that use the euro rose in May for the first time since last August, statistics indicate.

LONDON, July 14 (UPI) -- London's Emerald Energy said talks are in the early stages on a possible takeover from Chinese state-owned oil companies moving in Middle East markets.

ANKARA, Turkey, July 14 (UPI) -- Iraq can offer nearly 530 billion cubic feet of natural gas for the Nabucco pipeline by 2015 to help allay supply concerns, the Iraqi prime minister said.

LONDON, July 13 (UPI) -- Battles over control of the London-listed Sibir Energy entered a new stage as an embattled shareholder complains of back-room deals in Moscow.

NEW DELHI, July 13 (UPI) -- If all goes as planned, India, according to various reports, will soon join the exclusive club of nations with their own domestically built nuclear-powered submarines, marking a giant leap for its naval defense.