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.
Sandy clean-up 'enormous' one year on
A 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 Ketchup
McDonald'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 IPO
Twitter 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 structures
Brazilian 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.
S. Korea tobacco firm to pull chimp ad for 'Africa' brand
South Korea's top tobacco firm said Wednesday it would pull ads for its new "This Africa" brand of cigarettes after complaints the use of images of apes dressed as humans was racist.