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$1 billion wiped off Samsung market value after Obama vetoes Apple ban[2013-08-06 13:38:18]
The South Korean tech giant loses $1 billion market value on Monday after the US decision to veto an import ban on...
HSBC demands diplomats cancel bank accounts[2013-08-06 13:37:05]
HSBC has requested embassies and consulates around the world to close their accounts and transfer their funds to other banks within 60...
Washington Post sold to billionaire Amazon CEO[2013-08-06 13:32:29]
News of the Washington Post’s sale to Amazon founder and CEO Jeff Bezos for $250 million sent ripples across US media on...
World’s first $332,000 lab-grown burger to change the global diet[2013-08-05 15:42:16]
A Dutch scientist is offering the world’s first cultivated beef made of stem cells to taste. He believes the lab-grown meat will...
A synchronised dive: Russia’s services follow manufacturing in its 3 – year – low slump[2013-08-05 15:37:27]
July activity in Russia’s service sector nosedived to its lowest since August 2010, following the country’s manufacturing in
Gazprom 'conquistadors' target South America[2013-08-05 12:40:21]
The world’s largest producer of natural gas continues to pick up assets in Latin America and the next may be a joint...
Australia underestimated growth, unemployment, and debt figures by billions[2013-08-04 13:18:22]
Australia will post a budget deficit of $30.1 billion for the fiscal year, a gross miscalculation from its May estimate of $18...
Gazprom CEO: Shale gas not Russia's concern this century[2013-08-04 13:15:21]
While the booming ‘shale revolution’ is being increasingly criticized by environmentalists, Russia shouldn’t care too
Oil companies begin 'fracking' in China’s most dangerous earthquake zone[2013-08-04 13:12:49]
The Chinese want to join the shale gas revolution, even if it means drilling for oil in China’s earthquake hot bed in...
US blows out $16.7 trillion debt limit[2013-07-26 17:55:46]
The US Treasury has already exceeded the federal legal borrowing limit of $16.7 trillion in May. That signals the main structural proble...
G20 plans to force multinationals to pay more taxes[2013-07-20 19:46:48]
Finance chiefs of the world’s leading economies plan to tackle “global tax chaos” caused by multinational giants such
Lend to spend: China loosens grip on interest rate regime[2013-07-20 19:44:04]
China’s central bank has removed controls on lending, and will now let financial institutions self-regulate rates which were previ
‘Impossible to stomach’: Merkel slams Irish bankers who fudged bailout figures[2013-06-29 16:47:27]
German Chancellor Angela Merkel has expressed outrage over the intrigue of the Irish bank executives who were caught on tape joking abou...
No exemptions in tax targeting: IRS eyed both sides of political spectrum[2013-06-25 18:04:26]
The Internal Revenue Service’s intensified scrutiny of groups seeking tax exempt status extended beyond Tea Party-affiliated group
'Get them to write a big check:' Irish banker pulls bailout figure from 'arse' in leaked tapes[2013-06-25 17:03:39]
Executives at the Anglo Irish Bank were recorded joking about how they lied to Dublin about the bank’s financial future in 2008,...
Nabiullina takes over Russia’s Central Bank’s top post[2013-06-24 20:58:13]
Elvira Nabiullina has officially taken over the chairmanship in Russian Central Bank from the former head of the monetary regulator Serg
Nestle gambles on two new plants in China[2013-06-24 20:56:36]
The world’s largest food company said it will open two factories in China next month in order to gain a market edge,...
'Nobel of agriculture' goes to Monsanto executive[2013-06-20 10:25:06]
Though not nearly as high profile, the annual World Food Prize award is often referred to as the “Nobel Prize” for agricultu...
'We were told to lie' - Bank of America employees open up about foreclosure practices[2013-06-20 10:23:43]
Employees of Bank of America say they were encouraged to lie to customers and were even rewarded for foreclosing on homes, staffers...
Booze blues: Spanish MPs under fire for Parliament’s publicly subsidized meals and drinks[2013-06-06 10:37:18]
Bars and cafeterias at the Spanish Parliament will stop serving discounted liquor after public outrage in the economically troubled coun
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