New Zealand winegrowers report bumper harvest
New Zealand winegrowers enjoyed a record harvest in 2013 but are well placed to avoid the oversupply issues that have hampered them in the past, accounting giant Deloitte said Thursday.
Hit like ton of BRICS: 2013 tough year for emerging markets
Only recently hailed as the saviours of the world economy, emerging markets had a tough year in 2013, hit by slow growth, market instability and social unrest that have worried investors -- though some analysts say the fear is overblown.
US jobless rate drops to five-year low
The US jobless rate fell sharply to 7.0 percent in November, a five-year low, raising the odds Friday that the Federal Reserve could soon cut its huge stimulus program.
07 December 2013 12:58
WTO pact in doubt after Latin America objections
Negotiations on a global trade deal teetered on the brink of collapse Saturday as Latin American countries objected to the removal of a reference to the US embargo on Cuba, the WTO said.
07 December 2013 11:28
Make-or-break WTO meeting goes down to the wire
Commerce ministers engaged in an eleventh-hour flurry of diplomacy on Friday, hoping to save a WTO package amid stark warnings that failure could permanently cripple the global trade body.
