Euro "too strong", says European Commission's TajaniEuropean Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.
14 November 2013 10:03
As Twitter flies, fears mount on bubbleTwitter's high-flying Wall Street debut drew attention to the growing power of social media, but also raised concerns about a potential bubble in the sector.
US shutdown cost $2.0 billion in lost govt outputThe 16-day US government shutdown cost 6.6 million in lost workdays for furloughed federal workers, amounting to $2.0 billion in lost productivity, the White House said Thursday in a report.
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 12:13
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 12:00
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 10:20
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.
