IMF warns G20 of slowing emerging economies
The International Monetary Fund warned the Group of 20 Wednesday that emerging economies were slowing more than expected and under pressure from US plans to slow its stimulus.
NCOC fined $10 thousand for dead seagulls
North Caspian Operating Company, the operator of Kashagan oilfield, located in Kazakhstan's sector of the Caspian Sea shelf, was fined $10 thousand for harming the environment.
04 September 2013 17:22
Microsoft buys Nokia phones to fight Apple, Google
Microsoft agreed Tuesday to buy the handset business of former market leader Nokia in an effort to catch up to rivals Apple and Google in the fierce smartphone market.
04 September 2013 15:43
Europe's emerging economies back on track
Central and eastern European countries have escaped most of the turmoil that has recently lashed emerging economies as they have been shielded by the recovery in the neighbouring eurozone.
Oil down as Obama seeks Congress approval on Syria
Oil prices fell in Asian trade Monday after US President Barack Obama's announcement that he would seek approval from lawmakers for military action against Syria eased prospects of an imminent strike.
Mexico ships first load of premium tequila to China
Mexico on Friday sent its first shipment of 100 percent blue agave tequila to China, hoping to finally break into what sellers say could soon be their second biggest market.
Energy sector leads US stocks gains amid Syria jitters
US stocks rebounded Wednesday led by energy companies benefiting from an oil price spike, as the West mulls a possible punitive attack against Syria for its alleged chemical weapons use.