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Activists building ship in Gaza to defy Israel A ship built in Gaza will sail next year carrying Palestinian exports to international customers, and to challenge Israel's blockade from the inside out.

05 October 2012

Xstrata, Glencore announce new deal for massive tie-up Swiss mining group Xstrata and commodities giant Glencore said on Monday they had agreed on new terms for their tie-up to create a massive company worth about 70 billion euros ($90 billion).

02 October 2012

China manufacturing in second month of contraction China's manufacturing activity contracted for a second straight month in September, according to official data released Monday, falling short of expectations for expansion.

01 October 2012

Slovak PM says eurozone will not survive in current form The eurozone is unlikely to survive in its current form and one or more countries will probably have to leave the 17-nation single currency bloc, Slovakia's Prime Minister Robert Fico said Sunday.

01 October 2012

World must work out how to grey gracefully: UN Governments around the world must work out how to cope with ageing, a UN report said Monday, warning developing economies with lots of young workers may one day find their populations a drag.

01 October 2012

Greek PM stresses urgency of austerity deal Greek Prime Minister Antonis Samaras stressed the urgency of sealing an austerity pact ahead of crucial talks Monday between Greek officials and the so-called troika of international creditors.

01 October 2012

Spain tightens austerity screw in 2013 budget Spain's government unveiled Thursday a 2013 budget that tightens austerity even in the teeth of growing protests, easing the path to a widely expected sovereign bailout.

28 September 2012

New protest as bailout spectre returns to haunt Spain Thousands of protestors rallied near the Spanish parliament for a second straight night Wednesday after a rough day on the markets again raised the spectre of a full bailout and deeper economic pain.

28 September 2012

Global sales of 'smart devices' surging: study Global sales of so-called smart connected devices -- computers, smartphones and tablets -- rose sharply in the past quarter, driven by smartphones and tablets.

28 September 2012

Deficit-cutting French budget to test Hollande credibility France will present its 2013 budget Friday with President Francois Hollande's credibility on the line as he seeks to rein in public finances and reassure financial markets without stirring public anger.

27 September 2012

Police fire rubber bullets at Madrid protest Spanish riot police fired rubber bullets and baton-charged protesters Tuesday as thousands rallied near parliament in Madrid in anger at the economic crisis, in clashes that left more than 60 people injured.

26 September 2012

Global warming slows down world economy: report Climate change caused by global warming is slowing down world economic output by 1.6 percent a year and will lead to a doubling of costs in the next two decades.

26 September 2012

Delays have left Greece with finance gap: Lagarde International Monetary Fund chief Christine Lagarde said Monday that delays in implementing Greece's bailout program, including privatization, have expanded the country's financing shortfall.

26 September 2012

Palestinian state efforts at risk in cash crisis: minister Efforts to create a Palestinian state could collapse unless emergency funds are found to bail out its nascent government, the Palestinian finance minister Sunday.

24 September 2012

More than half of Brazil population middle class Fifty-three percent of Brazil's population of 194 million is now middle class, as tens of millions of people are lifted out of poverty.

22 September 2012

Belarus economy facing trouble despite Russian help Belarus was bailed out of last year's dire economic crisis by its giant neighbour Russia but as the ex-Soviet state heads to parliamentary polls the economy is once again flirting with disaster.

21 September 2012

Giants EU, China meet in 'challenging' times Global giants the European Union and China meet at a Brussels summit on Thursday under pressure to bolster slowing economic growth and tackle tough international dilemmas.

21 September 2012

Risks ahead if Asia to drive world growth: experts Asia must fight complacency and transform its economic and social models if it is to keep driving global growth in years to come as Europe and the United States slow.

18 September 2012

Iraq oil growth slowing would be 'bad news': IEA economist The International Energy Agency's top economist warned in an interview with AFP that any unexpected slowdown in the growth of Iraq's energy output would be "bad news" for the rest of the world.

18 September 2012

Canada to stop opposing asbestos hazard listing Canada dropped Friday its longtime opposition to global restrictions on asbestos, dealing a blow to the country's dying mining industry of the fire-resistant substance.

15 September 2012

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