Airport debacle ignites concern for 'Made in Germany' brand
Germany is concerned that its fabled international reputation for efficiency may have taken a blow from a catalogue of delays dogging major projects, especially the new Berlin airport.
US fiscal cliff deal boosts world markets
World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.
Kazakhstan prolongs oil products export ban into 2013
To prevent critical deficit and prices growth at the domestic market of oil products, Kazakhstan government decided to introduce a 6-month ban on export of oil products.
29 December 2012 19:34
US gun sales soar as owners fear new regulations
US firearm sales have sky-rocketed since the Newtown school massacre, as debate over gun control rages and enthusiasts fear certain assault weapons and high-capacity magazines could be banned.
US shooting fuels bullet-proof backpack sales
On the heels of the deadly shooting tragedy in Connecticut, parents' anxiety is driving a surge in sales of bullet-proof backpacks, in the hope the armored bags can give their kids a safety edge.
China sees gloomy 2013 foreign trade environment
China said Tuesday it faces a bleak foreign trade environment in 2013 due to ongoing global economic weakness, as the Asian export powerhouse appears set to miss this year's trade growth target.
Dollar falls as fiscal cliff worries grow
The dollar dropped to its lowest level against the euro in three months Friday, the euro going above $1.31 as politicians in Washington appeared no closer to averting the economy-crunching fiscal cliff.
Peru approves free trade agreement with EU
Peru has approved a free trade agreement with the European Union and Colombia that will allow 75 percent of agricultural products and 100 percent of other goods to enter the eurozone duty-free.