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Brazil antitrust body opens Google probe Brazil's antitrust authority said Friday it has opened a probe into allegations that Google engaged in anti-competitive practices in the domestic online search market.

13 October 2013

World Bank to cut costs, bureaucracy: Kim World Bank President Jim Yong Kim on Friday announced a program to slash costs and reduce bureaucracy at the huge development organization that is expected to result in significant layoffs.

12 October 2013

Unbridled consumer loans are a new bomb to undermine the Kazakhstan’s financial sector: President Nazarbayev President has commissioned Kairat Kelimbetov, the newly appointed Central Bank Governor, to look into the situation.

12 October 2013

IMF gold sales to fund lending to poor countries The International Monetary Fund announced Thursday it has harnessed windfall gold profits from member countries to fund loans to the world's poorest countries in the coming years.

12 October 2013

More problems hit JAL Dreamliners: company A fresh series of troubles has hit Japan Airlines 787 Dreamliners, with two Tokyo-bound flights forced to turn around and another plane experiencing a minor glitch.

11 October 2013

US political deadlock threatens world economy: OECD Failure to raise the US borrowing ceiling due to political deadlock could force most of the leading industrial democracies into recession.

10 October 2013

Dubai property bounces but stirs fears of new bubble Dubai's property sector is making a strong comeback five years after prices in the emirate nosedived, but a surge in demand and bouncing prices have triggered calls to remember the crisis.

10 October 2013

Struggling Alitalia in last-gasp bid for survival Five years after a botched rescue, Italy's troubled carrier Alitalia gasped for survival on Tuesday buried by a mountain of debt, unpaid gas bills and only the slimmest of options.

09 October 2013

Panasonic to exit plasma TV display business: report Panasonic will stop making plasma television screens by early next year, a report said Wednesday, as the struggling electronics giant undergoes a huge corporate overhaul.

09 October 2013

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Oil production at Kashagan reaches 60 thousand barrels per day Kazakhstan and its partners have been waiting for this for over 10 years: Sauat Mynbayev.

09 October 2013

Global world steel use set to grow 3.1 pct this year Global steel use is expected to grow 3.1 percent this year, up from two percent last year and to expand 3.3 percent in 2014.

08 October 2013

Palestinian GDP can expand by a third if Israel lifts limits: World Bank The Palestinian economy could expand by over a third if Israel were to lift its restrictions on about 60 percent of the West Bank that it controls.

08 October 2013

Singapore, China giants 'mull Spain gas investment': report Singapore state investment giant Temasek and Chinese oil group Sinopec aim to snap up a multi-billion-euro stake in Spain's Gas Natural.

08 October 2013

Niger to 'review' Areva uranium contracts Niger, one of the world's top sources of uranium, will review its dealings with French firm Areva, which has been mining there for nearly 50 years.

07 October 2013

Crude production resumed at Kashagan oilfield “October 6, upon completion of all the repairs, the wells at the oilfield have been restarted (…) production was resumed with no complications”, according to the country’s Oil and Gas Ministry.

07 October 2013

Myanmar unrest raises stakes for growing tourist industry Recent anti-Muslim bloodshed close to Myanmar's most popular tourist beach raises the stakes for an industry dependent on the former pariah state's fluid transition to democracy.

07 October 2013

Shutdown forces EU, US to cancel trade deal talks The second round of scheduled talks between top European Union and American officials to clinch the world's largest trade deal have been cancelled because of the US government shutdown.

05 October 2013

Japan's Aso warns of 'consequences' of US debt default Japanese Finance Minister Taro Aso on Friday urged the United States to resolve political gridlock in Washington, warning of grim "consequences" for the global economy if it leads to a debt default.

05 October 2013

Twitter wants to fly with billion-dollar IPO Twitter on Thursday unveiled plans to pump up the globally popular one-to-many messaging service with a $1 billion stock market debut.

04 October 2013