Australian gas rush set to overhaul Qatar's lead
Australia is set to become the world's biggest liquefied natural gas producer, with analysts predicting it will overtake Qatar by 2020 as it unlocks reserves that could last more than a century.
Markets panic as eurozone faces turbulent summer
The world market panic that started the week looked all too familiar: an alarming reminder of last summer's financial storm brought on by the eurozone debt crisis.
24 July 2012
Moody's cuts Germany outlook
Moody's took the first step toward stripping Germany of its coveted AAA credit rating on Monday, cutting the outlook for Europe's largest and most pivotal economy to "negative."
Indonesia's weakening rupiah raises concerns
Indonesia's weakening rupiah and widening current account deficit are raising concerns about Southeast Asia's largest economy, which is struggling against contagion from the global crisis.
Oil strikes two-year high; soya scores record high
Oil prices hit two-month highs this week, driven by Federal Reserve stimulus hopes and Middle East unrest, while soyabeans soared to a record high as US supplies were hit by drought.
22 July 2012
Google grabs startup devoted to Apple gadget email
A French startup behind email applications for Apple gadgets has been bought by Google as the Internet titan increasingly tailors hit software to run on its rival's hardware.
21 July 2012
Nasdaq hikes payout figure for botched Facebook IPO
Nasdaq on Friday raised to $62 million the amount of money it will set aside to cover trading losses due to computer glitches that disrupted the launch of Facebook shares onto the market.
21 July 2012
Online woes spark first Microsoft loss ever
Microsoft posted its first ever loss on Thursday, shedding $492 million in the fourth quarter due to a massive $6.2 billion write-down to reflect the slump in value of its online operations.
21 July 2012
Potato chips on the eve of their social media moment
Taking crowdsourcing to new heights, Lay's potato chips is inviting consumers to go online from Friday with their ideas for a new flavor and the chance to win $1 million.
Olympics: London cracks down on unofficial souvenirs
The London Olympics pop up on teapots, bunting and a one-eyed mascot -- but strict branding laws are in place to ensure that official products are the only ones in the race.