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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.
05 September 2013
©REUTERS/Kai Pfaffenbach 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.
03 September 2013
Photo by Marat Abilov© Kazakhstan and Indonesia arrange direct flights Kazakhstan and Indonesia will be connected with direct flights.
03 September 2013
Delta, Virgin Atlantic near US antitrust immunity nod Delta Air Lines and Virgin Atlantic Airways on Friday won tentative US approval for antitrust immunity for their proposed transatlantic joint venture.
31 August 2013
India's rupee crisis crimps middle class lifestyles Seventeen-year-old Indian student Appu Sharma was going to apply to a US university to study economics but with the rupee on the ropes, he's set his sights closer to home.
29 August 2013
Greece may need new bailout of 10bn euros Greek Finance Minister Yannis Stournaras said that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.
26 August 2013
Global manufacturing data helps Asia markets rebound Asian markets firmed on Friday as a slew of upbeat manufacturing data from around the globe overshadowed concerns about the US Federal Reserve's plans for its stimulus programme.
23 August 2013
©REUTERS/Chris Helgren China manufacturing rebounds: HSBC A closely watched indicator of Chinese manufacturing turned positive for the first time in four months in August, HSBC said Thursday, in a sign of renewed strength in the world's second-largest economy.
22 August 2013
©REUTERS/Mike Blake Cisco to cut 4,000 jobs Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.
15 August 2013
Jobseekers. ©REUTERS/Regis Duvignau Analysts see return to growth in eurozone Figures due Wednesday are expected to show the eurozone finally edging out of a record 18-month recession which has cost millions of jobs and tested the single currency bloc to near breaking point.
13 August 2013
Mexico proposes opening oil sector to foreign firms Mexico's President Enrique Pena Nieto proposed sweeping reforms of the country's oil sector Monday that would allow foreign energy firms back into the industry 75 years after being thrown out.
13 August 2013
China industrial data helps oil rebound Oil prices charged back Friday after falling for five straight sessions, helped by stronger-than-expected numbers on Chinese industrial output in July.
11 August 2013
Obama: Greece needs policies focused on growth and jobs US President Barack Obama called Thursday for more growth-oriented policies in Greece, saying the austerity has not been adequate to revive the country's battered economy.
09 August 2013
Some mothers get meaner in bad economic times: US study Mothers with a certain gene got meaner when the economy took a dive in 2007-2009, whether or not their own purses were shorter on cash.
06 August 2013
US stocks see modest gains after busy week A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news Friday only somewhat higher.
03 August 2013
Photo courtesy of thinkprogress.org Bank of America may face civil charges over financial crisis Bank of America may face civil charges over its actions during the financial crisis related to its mortgage products.
03 August 2013
Old newspaper era is over, Obama says via Kindle President Barack Obama acknowledged the problems facing the US newspaper industry, ironically in an interview that was distributed via online retail giant Amazon's Kindle e-reader.
02 August 2013
Oil slips after China orders industrial capacity cuts World oil prices slipped on Friday after China ordered industrial production capacity cuts in the face of slowing economic growth.
27 July 2013
©REUTERS/Fabrizio Bensch/Files A year on, Olympics yet to solve East London's problems A year after hosting the Olympics, London is trumpeting the economic benefits of the Games. But residents living near the Olympic Park are still waiting for the promised benefits as rents soar.
26 July 2013
Debt, shadow finance bedevil China's economy Decades of breakneck expansion have given China gleaming skyscrapers and sleek railways, but brought piles of debt.
26 July 2013
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