News about economy
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
Oil prices hit four-month peaks on Fed stimulus
Global oil prices soared Thursday to new four-month highs, as the US Federal Reserve announced a new round of quantitative easing to stimulate the flagging economy.
14 September 2012
Asian Apple-linked shares mixed after iPhone 5 launch
Stocks in Apple's Asian component suppliers were mixed Thursday after the launch of the iPhone 5, with analysts citing uncertainty over its impact in the hugely competitive smartphone market.
13 September 2012
Leaders, markets brace for German court's euro ruling
Germany's top court will hand down a momentous ruling on a new European crisis firewall Wednesday, in a decision with far-reaching implications for the future of the euro.
12 September 2012
Americans more likely to see selves as lower class
More Americans -- including growing numbers of young people and whites -- see themselves as members of the lower classes, according to a study released Monday.
11 September 2012
Obama: Romney's math doesn't add up
President Barack Obama mocked Mitt Romney's "two plus one equals five" economics Sunday, poking his Republican foe as he enjoyed a polling spurt after the Democratic convention.
10 September 2012
Estonian businessmen will make Kazakhstan’s economy greener
Estonian companies will be involved in greener economy projects in Kazakhstan.
10 September 2012
Poor US jobs report puts Obama on back foot
Mitt Romney used a terrible US jobs report to hammer President Barack Obama on the economy Friday, leaving the White House incumbent flat-footed on the defining issue of the 2012 race.
09 September 2012
Intel jolts sector with lowered outlook
Intel Corp. stunned the tech sector Friday by sharply cutting its revenue outlook for the current quarter, citing weak demand for personal computers and slower growth from emerging economies.
08 September 2012