McDonald's to become 'Macca's' in Australia
Global fast food chain McDonald's is embracing its Australian nickname Down Under, with selected stores around the country changing their signage on Tuesday to "Macca's".
08 January 2013
Malawi's Banda assures IMF of economic reforms
Malawi's President Joyce Banda has assured visiting IMF managing director Christine Lagarde that the impoverished southern African country will not backtrack on reforms to help the economy recover.
Agip to return 2 land lots in Atyrau into state property
Agip Kazakhstan North Caspian Operating Company N.V. will return two land lots into the state ownership in line with the ruling of specialized interregional economic court of Atyray oblast.
US fines Transocean $1.4 bn over Gulf oil disaster
The United States hit drilling rig operator Transocean with $1.4 billion in criminal and civil fines Thursday for its role in the 2010 Deepwater Horizon disaster in the Gulf of Mexico.
IMF: US 'cliff' actions not enough
The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country's long-term fiscal deficit and debt problems.
03 January 2013
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US fiscal cliff deal boosts world markets
World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.
03 January 2013
Pentagon welcomes fiscal deal, warns against cuts
US Defense Secretary Leon Panetta on Wednesday welcomed a deal to avert automatic budget cuts that would have slashed military spending and caused "damaging" consequences.
03 January 2013
Amazon fends off Apple claim to "Appstore" name
A federal judge on Wednesday rejected Apple's claim of false advertising for Amazon.com to refer to its online shop for mobile gadget applications as an "app store."
Obama says fiscal cliff deal made tax system fairer
President Barack Obama said Tuesday he had fulfilled a campaign promise to make the US tax system fairer with a deal to avert the fiscal cliff crisis that passed after a fierce duel in Congress.
02 January 2013
Britain urges bold G8 action on global economy
British Prime Minister David Cameron called on his fellow G8 leaders on Wednesday to start work now on agreeing "bold steps" to help boost global economic growth, ahead of a summit he will host in June.
Spain faces 207-bn-euro headache in 2013
Spain defied the markets by averting a sovereign bailout this year but high interest rates could yet force Madrid to its knees as the nation confronts a 207-billion-euro ($274 billion) financing headache in 2013.
31 December 2012
Merkel steels Germans for 'more difficult' 2013
Chancellor Angela Merkel warned Germans that the economy, Europe's biggest, would experience a harder time next year than in 2012 and cautioned too that the eurozone debt crisis was far from over.
31 December 2012
US backs Argentina in debt restructring case
The US gave strong support to Argentina on Friday in the Latin American country's legal battle with hedge funds over the repayment of $1.3 billion to holders of defaulted bonds.
