Tod's shoes turns from Italy to beat crisis Custom-made shoe moulds hanging in a sun-filled workshop are the secret behind the success of luxury Italian shoemaker Tod's, which is flourishing despite a recession-hit economy.
11 June 2013
Sudan freezes oil and security deals with South Sudan on Sunday put on hold nine security and economic pacts with South Sudan, including on vital oil shipments, but said Khartoum remained committed to good relations if Juba ended support for rebels.
Obama, Xi urge new relationship in first summit Throwing formality aside at a desert retreat, Presidents Barack Obama and Xi Jinping called Friday for a new approach to forge relations between the US superpower and a rising China.
IMF admits 'notable failures' in 2010 Greece rescue The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.
06 June 2013
China's Xi sees new 'golden era' in Latin America President Xi Jinping on Wednesday heralded the dawn of a new "golden era" for Latin America during a visit to Mexico and urged the region to hitch its economic development to China's solid growth.
06 June 2013
US moves help Iranians get on line but hit economy The US is making it easier for information-hungry Iranians to get on the Internet and use social media, but has also slapped new sanctions on the economy that could make their lives more painful.
06 June 2013
Global economy may be in 'softer patch': Lagarde The head of the International Monetary Fund, Christine Lagarde, warned Tuesday the global economy may be slowing more than thought just over a month ago.
05 June 2013
Portugal 'should leave euro': best-selling economist A Portuguese economist, whose book "Why We Should Leave the Euro" has become a rapid best-seller, says it is only a matter of time until his crisis-wracked country leaves the troubled currency.
04 June 2013
World newspapers mull paywalls for survival Global newspaper chiefs have some rare good news to share after years of slumping print sales and advertising revenues -- readers appear increasingly willing to pay for online news.
China's Xi in Trinidad to boost Caribbean trade Chinese President Xi Jinping arrived in oil-rich Trinidad and Tobago late Friday for the first leg of a Latin America and Caribbean tour aiming to strengthen Beijing's trade ties in the region.
02 June 2013
EU, IMF, praise Greek progress battling debt Greece on Friday received a vote of confidence from international creditors over progress in overhauling its stricken economy -- and a fresh injection of cash from the IMF.
01 June 2013
Obama approval ratings down amid political flaps President Barack Obama's approval ratings took a hit over the past month as he wrestled with controversies over the IRS, Benghazi and the secret seizure of journalists' phone records.
Japan retains status as top creditor nation Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
28 May 2013
Brussels expected to up pressure for economic reformThe European Commission is expected on Wednesday to increase the pressure on several countries, particularly France, to speed up structural reforms seen as the only reliable way to boost growth and job creation.
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