Venezuela moves to relieve toilet paper shortage
Venezuela's National Assembly on Tuesday approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state.
22 May 2013 15:33
Nazarbayev meets with ConocoPhillips chairman
Nursultan Nazarbayev met with Chairman and CEO of ConocoPhillips Ryan Lance who arrived for the 26th meeting of the Foreign Investors Council.
Business aviation still waiting recovery to find its wings
Manufacturers of business jets can look forward to climbing sales in the years to come thanks to emerging markets as they gather in Switzerland for an annual air show, having survived the turbulence of the global financial crisis.
Chinese PM vows to open up markets to India
Visiting Chinese Premier Li Keqiang pledged on Tuesday to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries.
21 May 2013 15:00
Foreign buyers descend on Sicily for bargain property
Foreign buyers are swooping on deserted villages in Sicily to snap up homes for as little as 10,000 euros ($13,000), propping up a property market in freefall as Italy suffers its longest-ever recession.
China 'will not accept' carbon tax on EU flights: report
China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment.
19 May 2013 11:58
S&P warns India could face junk status
India faces at least "a one-in-three" chance of losing its prized sovereign grade rating, global ratings agency Standard and Poor's has warned, in another blow to the scandal-tainted Congress government.