Deficit-cutting French budget to test Hollande credibility
France will present its 2013 budget Friday with President Francois Hollande's credibility on the line as he seeks to rein in public finances and reassure financial markets without stirring public anger.
27 September 2012 13:53
BHP requests four more years for major mine plan
Mining giant BHP Billiton on Thursday asked South Australia state for a 46-month extension to the approval of its Olympic Dam project expansion, which was shelved last month on cost concerns.
27 September 2012 11:00
Toyota, Nissan cut China output over island row
Japanese auto giants Toyota and Nissan are reducing production in China because demand for Japanese cars has been hit by a bitter row over disputed islands.
26 September 2012 12:38
Delays have left Greece with finance gap: Lagarde
International Monetary Fund chief Christine Lagarde said Monday that delays in implementing Greece's bailout program, including privatization, have expanded the country's financing shortfall.
26 September 2012 10:23
Cash-starved N. Korea secretly sells gold: report
North Korea has been secretly selling gold to make up for shortages of hard currency after it spent millions of dollars on celebrating the 100th birthday of its founder.
25 September 2012 18:02
Lebanon ready to drill for offshore gas: minister
Lebanon is technically ready to start drilling for offshore natural gas reserves, its energy minister said on Monday, after exploration in around half the country's exclusive economic zone was completed.
25 September 2012 17:29
CNN hits back in row over using slain US envoy's diary
CNN on Monday hit back at accusations by a top US State Department official that it had engaged in "distasteful" reporting by using the contents of a diary belonging to slain US ambassador to Libya.
25 September 2012 13:48
Israel okays development of Gaza offshore gas field
Israel has held new talks with the Palestinians over the development of a gas field off the coast of the Gaza Strip, the Israeli foreign ministry said in a new report released on Sunday.
US wants more time to close USAID in Russia
The United States has asked Russia for more time to shutter the activities of USAID, after Moscow gave it less than three weeks to close down two-decade old programs.
Belarus economy facing trouble despite Russian help
Belarus was bailed out of last year's dire economic crisis by its giant neighbour Russia but as the ex-Soviet state heads to parliamentary polls the economy is once again flirting with disaster.
S.Africa Lonmin miners end strike, accept pay raise
Lonmin platinum mine workers in South Africa on Tuesday ended their strike in return for pay rises of up to 22 percent, after a nearly six-week standoff that claimed 45 lives.
20 September 2012 10:47
Popigai: Russia's vast, untouched diamond crater
In the far north of Siberia, Russian scientists have stepped up research on a once-secret deposit of diamonds whose scale dwarfs anything ever discovered and could turn world markets "upside down".
19 September 2012 13:17
Protests stall US move to aid Egypt: report
The protests that erupted in Cairo over an anti-Islam Internet video have stalled talks on relieving $1 billion worth of Egyptian debt to the United States.
