Chinese bank lends Niger $1 billion: ministerNiger has accepted a controversial $1 billion loan from the Export-Import Bank of China (China Exim Bank) to finance development projects.
Britain to announce Islamic Index on stock exchangePrime Minister David Cameron was on Tuesday to announce a new "Islamic Index" on the London Stock Exchange and reveal plans for Britain to release an Islamic bond.
29 October 2013
Oil-rich Kuwait warns welfare state unsustainableOil-rich Kuwait said Monday that the generous cradle-to-grave welfare system provided to its 1.2 million citizens was "unsustainable" and it was time for change.
Sandy clean-up 'enormous' one year onA year after Hurricane Sandy, the United States still faces an enormous task to repair $60 billion worth of damage and improve resiliency before the next cyclone.
27 October 2013
Twitter seeks up to $1.61 bn in IPOTwitter said Thursday it would seek to raise up to $1.6 billion in its initial public offering expected in the coming weeks.
26 October 2013
Brazil chases FIFA over World Cup structuresBrazilian state prosecutors are seeking to recover almost $100m from football's global governing body FIFA which was spent on temporary structures at venues for next year's World Cup.
Google stock surges on profit, revenue gainsGoogle shares surged to a record high, close to $1,000, after quarterly earnings figures showed the Internet giant's profits are climbing despite a trend toward cheaper advertising on smartphones and tablets.
19 October 2013
Congress pulls US back from brink, averts defaultThe United States was spared the ignominy of a disastrous debt default Wednesday when Congress passed a bill extending the nation's borrowing authority and ending a two-week government shutdown.
17 October 2013
Twitter to list on NYSETwitter shares will trade on the New York Stock Exchange, documents showed Tuesday, shunning the tech-heavy Nasdaq which saw major problems in Facebook's market debut in 2012.
US lawmakers split despite October 17 debt deadlineThe United States is still facing a potentially devastating sovereign debt default, after senators failed to agree on terms to reopen the federal government and raise the country's borrowing limit.
14 October 2013
IMF gold sales to fund lending to poor countriesThe International Monetary Fund announced Thursday it has harnessed windfall gold profits from member countries to fund loans to the world's poorest countries in the coming years.
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