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 10:55
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.
Starbucks to enter coffee-loving Vietnam
Starbucks said Thursday it would open its first store next month in Vietnam, seeking a foothold in the coffee-loving country as part of efforts to expand in Asia.
03 January 2013 17:21
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 16:40
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 12:54
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 18:37
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 14:29
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.
