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Spanish registered unemployed rises to 4.98 mn in January The number of Spaniards officially registered as unemployed rose to 4.98 million in January, according to Labour Ministry data released Monday, as the country's recession deepened.

04 February 2013

Schmidt book labels China online menace: report The Wall Street Journal reported Friday that in his coming book, Google chairman Eric Schmidt brands China an Internet menace that sanctions cyber crime for economic and political gain.

02 February 2013

Pfizer unit Zoetis makes strong market debut Zoetis, pharmaceutical giant Pfizer's animal-health division, made a dramatic debut on Wall Street Friday as the biggest initial public offering since Facebook.

02 February 2013

US dodges Super Bowl chicken wing shortage In the run-up to Super Bowl Sunday, millions of American football fans can rest assured: there is no looming shortage of their beloved chicken wings.

02 February 2013

China steel industry says profits plunge The combined profits of China's major steelmakers crashed by more than 98 percent in 2012 as growth in the economy of the world's largest steel producer slowed.

01 February 2013

Europe will get its money back says Bank of Greece Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country's central bank told Germany's Sueddeutsche Zeitung.

01 February 2013

Zimbabwe has $217 in the bank: Finance Minister After paying public workers' salaries last week, the balance in cash-strapped Zimbabwe's government public account stood at just $217.

30 January 2013

LatAm leaders open summit, noting Chavez's absence After wrapping up talks with their European counterparts, Latin American leaders on Sunday opened their own summit here, with the event notable for the absence of Venezuelan President Hugo Chavez.

29 January 2013

British PM reaches out to Europe at Davos British Prime Minister David Cameron insisted he was not turning his back on Europe as he came face to face with world leaders for the first time since unveiling plans for an EU referendum.

27 January 2013

Latin America, Europe open summit to boost trade Latin American and European leaders open a two-day summit here Saturday to give a fresh impetus to efforts to seal a free trade agreement between their two blocs.

26 January 2013

Global elite to confront British PM on EU plan British Prime Minister David Cameron faces a frosty reception from the global elite at the annual Davos meeting on Thursday after his vow to hold a referendum on Britain's membership of the EU.

25 January 2013

World elite gathers in Davos amid cautious optimism The world's political and business elite gather in the snow-covered resort of Davos from Wednesday, aiming to instil some confidence in the global economy amid tentative signs of recovery.

24 January 2013

Sao Paulo begins mandatory detention of crack addicts Brazil's economic capital Sao Paulo on Monday began mandatory detention of drug addicts for rehab, authorities said, amid rising worries over an epidemic of crack cocaine use.

23 January 2013

Turkey ready to take mutual trade with Kazakhstan to $10 billion Nursultan Nazarbayev met with Rifat Hisarcklolu, president of Turkish Union of Chambers and Commodity Exchanges.

23 January 2013

BoJ starts first meeting under new Japan government The Bank of Japan on Monday began its first policy meeting since the new premier took office with a pledge to pressure it into aggressive monetary easing to revive the long-suffering economy.

22 January 2013

IMF releases aid to Greece after long delay After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.

18 January 2013

Holding EXPO-2017 will help transition to third industrial revolution Holding EXPO-2017 in Astana will become a center for transition to the third industrial revolution.

17 January 2013

World Bank sees emerging nations leading growth Developing countries, led by China, will remain the main engines of global economic growth in 2013 as Europe and the United States plod along.

17 January 2013

World Bank economist urges end to US fiscal fights The World Bank's chief economist called on the United States Tuesday to end a series of political budget battles by undertaking structural economic reforms.

17 January 2013

Factories close, workers flee: Syria industry losing steam Once cogs in a dynamic industrial engine that helped power Syria's economy, the factories in a sprawling zone in the heart of battle-ravaged Aleppo now stand largely silent, the workers mostly fled.

16 January 2013

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