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‘If you build it, they will come’ - Russia's financial field of dreams[2013-10-27 13:41:24]
Or at least that's the plan. The billionaire capital of the world, Moscow, Europe’s largest city, wants to establish itself as a...
Cash-for-bitcoins: World’s first palm scan-activated bitcoin ATM to open in Canada[2013-10-27 13:18:39]
The world’s first bitcoin ATM will open in Vancouver, Canada, next week – dispensing Canadian dollars in exchange for the an
US debt surges $328 billion in single day, surpassing $17 trillion for first time[2013-10-19 21:08:06]
Just one day after President Barack Obama signed into law a bipartisan deal to end the government shutdown and avoid default, the...
Buying time: US budget deal postpones financial doomsday[2013-10-17 19:23:23]
President Obama and Congress have signed off on extending the debt ceiling through to February. The new legislation only temporarily sol
Thumbs down: Chinese rating agency downgrades US[2013-10-17 19:20:28]
Despite a temporary budget compromise in Washington, China's Dagong agency has downgraded the United States. Dangong maintains a negativ
Time is money: Cost of the US budget crisis[2013-10-16 19:25:04]
US lawmakers have reached a deal to end the shutdown that has cost the world’s largest economy billions. Senate leaders have agree...
Senate leaders reach deal to avoid default, end shutdown[2013-10-16 19:15:02]
Lawmakers in the Senate are weighing a bipartisan bill that is expected to re-open the United States government and save the country...
No compromise: Obama refuses to raise debt ceiling for 6 weeks[2013-10-14 10:27:11]
President Obama has rejected raising America's debt ceiling for 6 weeks beyond the October 17 deadline. The compromise was put forward b...
US to become top oil producer in 2014, break ‘commodity curse’ stereotype[2013-10-14 10:22:55]
The IEA says the US will overtake Russia as the biggest oil producer next year, citing the ‘shale revolution’ that has resha...
US government shutdown threatens disruptions to global credit[2013-10-14 09:52:40]
This week, the US may be forced to default on its $16.8 trillion debt if a deal to raise the ceiling is...
US govt shuts down for 1st time in 17 years as budget talks fail[2013-10-01 18:55:58]
The US federal government is partially shutting down after the Congress failed to fund its work amid a Republican drive to defund...
Ireland exits recession, but no cause for celebration[2013-09-20 18:31:47]
The Irish Republic, which hopes to be Europe's first to exit its bailout program, emerged from its second recession in five years....
JPMorgan Chase slammed with $920mn fine over ‘London Whale’ probe[2013-09-20 18:30:35]
JPMorgan Chase agreed to pay $920 in fines to settle probes related to the ‘London Whale’ financial debacle of 2012 in which...
Cutting the loss: Western firms eye Libya exodus as oil flow clogged by infighting[2013-09-18 21:04:48]
Some oil giants like Austria’s OMV and Italy’s Eni are considering exiting Libya as the crude production is stifled by inter
Russia seeks to privatize its suffering ‘friend’ Greece[2013-09-18 21:03:32]
Russian investors are pursuing deals to help cash-strapped Greece privatize its economy and pay off its huge debt. Russian Railways RZD ...
Fed up? US expected to cut cash stimulus[2013-09-16 20:32:10]
The main question ahead of the key Fed meeting on Tuesday is whether the world’s largest economy can survive on less government...
Final countdown: Merkel defends the euro ahead of the election[2013-09-16 20:30:59]
Angela Merkel’s political Eurosceptic challengers maintain that the euro has failed. However, a week ahead of the general election
Twitter ‘whispers’ its IPO plans to Wall Street[2013-09-14 11:45:41]
The US is just emerging from the financial meltdown and experts are asking if it will happen again. Wall Street is “reformed&rdquo...
Twitter ‘whispers’ its IPO plans to Wall Street[2013-09-13 10:36:21]
Messaging service Twitter has filed for a ‘confidential’ IPO, keeping its prospectus under wraps until shortly before a pric
Apple loses $24 bn, as a mix of budget and “gold standard” iPhones fail to impress[2013-09-12 19:22:33]
Shares in world’s largest tech company plunged more than 5%, after its cheaper plastic model faced tough criticism from both inves
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