Russia on recession knife-edge

Russia on recession knife-edge

[2013-05-16 16:05:03]
Russian academics say the country has entered a technical recession, as its basic industries contracted for...
Feds delay approval of new Monsanto crops over environmental concerns

Feds delay approval of new Monsanto crops over environmental concerns

[2013-05-15 21:34:19]
Biotech giant Monsanto faced a surprising setback after federal authorities refused to approve a new generation...
France announces end to austerity

France announces end to austerity

[2013-05-06 15:33:01]
Finance Minister Pierre Moscovici says French austerity measures are at an end, instead opting for growth....
China's services growth in April weakest in 2 years, BRIC also slowing

China's services growth in April weakest in 2 years, BRIC also slowing

[2013-05-06 15:31:22]
Another alarm bell rang over the Chinese economy on Monday, as HSBC's April report on the...
Portugal to lift retirement age, working hours in austerity drive

Portugal to lift retirement age, working hours in austerity drive

[2013-05-06 15:29:20]
Lisbon plans to increase the retirement age and make public sector employees work an extra hour...
US Justice Department investigating IBM bribery allegations

US Justice Department investigating IBM bribery allegations

[2013-05-06 15:27:38]
International Business Machines Corp. (IBM) is being probed over corruption allegations in Poland, Argentina, Bangladesh and...
ECB slashes interest rates to historic low

ECB slashes interest rates to historic low

[2013-05-04 13:22:35]
The European Central Bank (ECB) has cut its refinancing interest rate to a record low of...
Russia to spend over $30 billion in nuclear energy development

Russia to spend over $30 billion in nuclear energy development

[2013-05-02 15:26:26]
New generation of Russian nuclear power plants
Speeding up trains in Russia

Speeding up trains in Russia

[2013-05-02 15:24:27]
While transportation remains one of the biggest issues for Russia, the country is trying to add...
How bout’ them apples? iPhone maker sets record $17 billion bond deal

How bout’ them apples? iPhone maker sets record $17 billion bond deal

[2013-05-02 15:22:34]
Apple sold $17 billion in bonds in a record deal set to prove the tech-giant is...
Year of the yuan: China's explosive currency goes global

Year of the yuan: China's explosive currency goes global

[2013-05-02 15:18:46]
The ‘people’s currency’ of China is redefining the global economic monetary system. The closed-capital pariah is...
Iceland’s economic thaw a thorn in EU’s side

Iceland’s economic thaw a thorn in EU’s side

[2013-05-02 15:09:57]
Iceland just elected the parties which plunged them into crisis only five years ago. Is it...
Canada to tax Bitcoin transactions - TV

Canada to tax Bitcoin transactions - TV

[2013-04-28 13:44:13]
Canadians using bitcoins, the decentralized crypto-currency that recently went mainstream, must report their incomes and pay...
International investors pull out $2bn from emerging markets

International investors pull out $2bn from emerging markets

[2013-04-28 13:42:34]
As much as $2 billion of investment has been pulled from the emerging markets in the...
State’s stake in Russia's Rostelecom could go on sale for $5bn

State’s stake in Russia's Rostelecom could go on sale for $5bn

[2013-04-28 13:41:37]
Russia may sell a controlling 52.3% stake in the country's biggest telecommunication operator, Rostelecom for at...
Disappearing deposits: Savers withdrew $1.8 billion from Cyprus in March

Disappearing deposits: Savers withdrew $1.8 billion from Cyprus in March

[2013-04-28 13:38:49]
Private deposits in Cypriot banks fell by 3.9 percent down to €44.6 billion in March, as...
Thousands of Greek civil jobs to be axed as parliament vote looms

Thousands of Greek civil jobs to be axed as parliament vote looms

[2013-04-28 11:59:16]
Greece is bracing itself as MPs are set for Sunday’s vote on a law dismissing 15,000...
The Tweet that rocked Wall Street: $200 billion lost on fake message

The Tweet that rocked Wall Street: $200 billion lost on fake message

[2013-04-24 19:36:00]
A single hoax message sent via Twitter, the social media platform, erased billions of value from...
Gold bounces back – but for good?

Gold bounces back – but for good?

[2013-04-20 13:19:59]
Gold is on the rebound after a 4.5% drop this week, and the plunge has triggered...
Rosneft wants Gazprom split to improve its LNG competitiveness

Rosneft wants Gazprom split to improve its LNG competitiveness

[2013-04-20 13:18:17]
Rosneft head Igor Sechin and Guvnor co-owner Gennady Timchenko are promoting the idea of splitting Gazprom...
2018 World Cup may bankrupt Russian cities - S&P

2018 World Cup may bankrupt Russian cities - S&P

[2013-04-18 18:31:55]
The current poor state of municipal infrastructure in most of the 2018 World Cup host cities...
Extreme monetary easing could have drastic side effects - IMF

Extreme monetary easing could have drastic side effects - IMF

[2013-04-18 18:30:48]
The International Monetary Fund cautions that loose monetary policy in advanced economies may have dramatic long-term...
Russia to keep budget deficit rule despite recession threat

Russia to keep budget deficit rule despite recession threat

[2013-04-18 18:27:15]
Despite falling commodity prices, the Kremlin will stick to its fiscal rule which caps the budget...
Russia considers creating an offshore bank out of International Investment Bank

Russia considers creating an offshore bank out of International Investment Bank

[2013-04-18 17:29:23]
Russian Deputy Prime Minister Igor Shuvalov has come up with a suggestion to create an offshore...
Crude drops below $88, Russia rethinks export strategy

Crude drops below $88, Russia rethinks export strategy

[2013-04-17 15:40:16]
As oil prices continue their fourth straight day of decline, Russia is expected to reduce duties...


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