Britain to announce Islamic Index on stock exchange
Prime Minister David Cameron was on Tuesday to announce a new "Islamic Index" on the London Stock Exchange and reveal plans for Britain to release an Islamic bond.
29 October 2013
Oil-rich Kuwait warns welfare state unsustainable
Oil-rich Kuwait said Monday that the generous cradle-to-grave welfare system provided to its 1.2 million citizens was "unsustainable" and it was time for change.
Lawsuit after 6 million bottles of Aussie wine down drainGlobal drinks giant Treasury Wine Estates was Monday facing a class-action lawsuit from Australian shareholders after oversupply issues forced six million bottles of wine to be poured down the drain.
Sandy clean-up 'enormous' one year onA year after Hurricane Sandy, the United States still faces an enormous task to repair $60 billion worth of damage and improve resiliency before the next cyclone.
27 October 2013
McDonald's drops Heinz KetchupMcDonald's said Friday it was dropping ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.
26 October 2013
Twitter seeks up to $1.61 bn in IPOTwitter said Thursday it would seek to raise up to $1.6 billion in its initial public offering expected in the coming weeks.
Brazil chases FIFA over World Cup structuresBrazilian state prosecutors are seeking to recover almost $100m from football's global governing body FIFA which was spent on temporary structures at venues for next year's World Cup.