White House fears deep damage from spending cuts The White House warned Friday that billions of dollars in automatic budget cuts set to kick in on March 1 were a "blunt" instrument that could wreak deep damage to the already fragile US economy.
Irish lawmakers vote to liquidate Anglo Irish Bank Irish lawmakers voted through emergency legislation to liquidate the former Anglo Irish bank early Thursday, as part of a deal to ease the eurozone country's massive debt burden.
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.
LatAm leaders open summit, noting Chavez's absenceAfter 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 tradeLatin 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.
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