[2013-05-26 19:45:09]
Rosneft, the world’s largest publicly traded oil company, is expanding its influence in Venezuela, via a subsidiary of the nationa
[2013-05-26 19:44:04]
Google is among a number of companies circling Israeli mapping software company Waze after Facebook put in a $1bln takeover bid.
[2013-05-26 19:42:10]
In a period of record recession and unemployment, the EU has decided to recover a reported €1 trillion in tax revenue lost...
[2013-05-26 19:40:59]
Only 11 out of 58 countries rich in natural resources can effectively manage their wealth, according to the first of its kind...
[2013-05-20 11:17:27]
Yahoo’s board has reportedly approved a deal to purchase blogging startup Tumblr for $1.1 billion. It is not yet clear whether Tum...
[2013-05-19 20:58:45]
Countries classified today as developing will dominate global savings and investment in less than a generation, according to the World B
[2013-05-16 17:07:49]
The IMF has approved a three-year, $1.3 billion loan to jump start recovery in Cyprus and restore financial credibility to its indebted...
[2013-05-16 17:06:24]
Four people have been detained after Russian banks and homes in Moscow were raided by police on suspicion of illegal activity, and...
[2013-05-16 17:02:09]
Just a week after France announced an ‘end to austerity’, it has fallen into recession for the first time in four years...
[2013-05-16 16:05:03]
Russian academics say the country has entered a technical recession, as its basic industries contracted for 6 months in a row. The...
[2013-05-15 21:34:19]
Biotech giant Monsanto faced a surprising setback after federal authorities refused to approve a new generation of genetically-engineere
[2013-05-06 15:33:01]
Finance Minister Pierre Moscovici says French austerity measures are at an end, instead opting for growth. This further complicates the
[2013-05-06 15:31:22]
Another alarm bell rang over the Chinese economy on Monday, as HSBC's April report on the service sector showed the weakest expansion...
[2013-05-06 15:29:20]
Lisbon plans to increase the retirement age and make public sector employees work an extra hour daily as part of a package...
[2013-05-06 15:27:38]
International Business Machines Corp. (IBM) is being probed over corruption allegations in Poland, Argentina, Bangladesh and Ukraine, an
[2013-05-04 13:22:35]
The European Central Bank (ECB) has cut its refinancing interest rate to a record low of 0.50%, in a bid to kick-start...
[2013-05-02 15:26:26]
Russia will expend one trillion rubles ($31.3 billion) to develop its nuclear power industry through to 2015. Russia’s next-genera
[2013-05-02 15:24:27]
While transportation remains one of the biggest issues for Russia, the country is trying to add speed to its trains, the most...
[2013-05-02 15:22:34]
Apple sold $17 billion in bonds in a record deal set to prove the tech-giant is willing to reward longtime investors, as...
[2013-05-02 15:18:46]
The ‘people’s currency’ of China is redefining the global economic monetary system. The closed-capital pariah is blossoming in
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