Venezuela devalues currency 32% against US dollar Venezuela said it was devaluing its currency by 32 percent against the dollar on the orders of cancer-stricken President Hugo Chavez, in part to trim a bloated budget deficit.
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.
09 February 2013
Greenlight sues Apple, with eye on cash pile Apple said Thursday it is weighing ways to give shareholders more of its huge cash stockpile, after hedge fund Greenlight Capital filed suit in an effort to press it in that direction.
08 February 2013
Eni's CEO Paolo Scaroni investigated over Algeria bribes Italian energy major Eni's CEO Paolo Scaroni has been placed under investigation over alleged bribes paid to win contracts in Algeria, the company said on Thursday, denying any involvement in the scandal.
08 February 2013
Britain's Cameron stands firm in EU budget battle Prime Minister David Cameron stood firm on his demand for further cuts in the EU budget on Friday, despite coming under pressure over his pledge to hold a referendum on Britain's membership of the bloc.
RBS bank says to pay 'significant penalties' over Libor Royal Bank of Scotland on Wednesday said it expected to pay "significant penalties" and face other sanctions from British and US financial regulators over its role in the Libor rate-rigging scandal.
06 February 2013
Dell buyout highlights PC sector woes: analysts Dell's plan to take the computer giant private offers an opportunity to return to its start-up roots, but won't solve the fundamental problems facing the company and the PC sector.
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.
Japan cabinet to approve $1.02 trillion annual budget Japan's cabinet was Tuesday set to approve a $1.02 trillion annual budget with boosts in defence and public works spending amid a festering territorial row with China and a renewed assault on deflation.
Yahoo! shares bounce as profit tops expectations Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
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