Greek PM in crisis talks with Merkel
Greece's prime minister was expected to press for more time to make key reforms and spending cuts to keep his debt-wracked country in the eurozone at crisis talks Friday with Chancellor Angela Merkel.
24 August 2012
Australian mining minister warns boom is 'over'
Australia's Resources Minister declared the mining boom "over" following BHP Billiton's decision to delay the massive Olympic Dam project as commodities prices sag.
23 August 2012
Facebook at half-price: which way now?
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
23 August 2012
Billionaire George Soros invests in Man United
US billionaire George Soros has bought a stake in Manchester United, the British football club that made its Wall Street debut earlier this month, according to a filing with US regulators on Monday.
23 August 2012
Australia sees China chance in Chevron gas exit
Australian officials on Tuesday welcomed Chevron's decision to bow out of Woodside Petroleum's massive Browse liquefied natural gas project as a chance for Chinese investors to buy in.
Apple is most valuable company ever at $622 bn
Apple on Monday dethroned longtime rival Microsoft as the most valuable company in history based on the value of its stock, which climbed to around $622 billion.
22 August 2012
Shell paid Nigeria millions to guard oil facilities: group
An oil industry watchdog said Monday that Shell paid Nigeria's military and police $65 million over two years to secure company facilities, alleging the firm had bankrolled forces widely accused of rights abuses.
22 August 2012
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Berlin douses hopes of quick euro crisis fix
Germany on Monday dampened hopes for powerful action from the European Central Bank to fix the euro crisis and slapped down speculation of an immediate breakthrough on debt-wracked Greece.
21 August 2012
German region to buy more Swiss tax cheat data
The German region of North Rhine-Westphalia will continue to buy data on people suspected of stashing assets in Swiss banks to avoid taxes, the state premier was quoted as saying on Sunday.
Manchester United shares fall below IPO price
Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.
18 August 2012
Standard Chartered fined $340m over Iran deals
Standard Chartered on Tuesday settled allegations that it helped Iranian clients dodge US sanctions, announcing a fine of $340 million from a New York banking watchdog.
Asia eyes Brazil's growing consumer market
With Europe and the US in the economic doldrums, Asian manufacturers are setting their sights on Brazil's lucrative consumer market ahead of the 2014 World Cup and the 2016 Olympics.