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US-EU trade deal is best stimulus: De Gucht
Europe's top trade official said Saturday that a proposed trans-Atlantic trade pact would be the best way to boost the sagging economies of both the United States and European Union.
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Struggling Gulf Air sacks staff as unions reject revamp
Bahrain's loss-making flag carrier Gulf Air, struggling against competition from other regional carriers, has embarked on a sweeping restructuring plan that has annoyed unions over heavy job cuts.
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Indias fiscal budget realistic, positive for ratings: Moodys
India's budget for the next fiscal year offers a "realistic" plan to meet the country's fiscal deficit target, and should be a credit positive for its sovereign ratings, Moody's Investor's Service said...
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Tech sector rides on rich list
America's technology sector remained a driving force for the world's billionaires, led by Microsoft's Bill Gates and other familiar names, a Forbes survey showed Monday.
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China puts focus on consumers to drive growth
China put its fast-growing consumer class at center-stage as outgoing Premier Wen Jiabao set out a reform plan on Tuesday to spread the fruits of economic growth more evenly in the country of 1.3 billion.
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Global food prices stable in February: UN agency
Global food prices remained stable in February from the previous month and wheat harvests are set to increase by 4.3 percentage points this year, the UN's food agency in Rome said on Thursday.
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Japans recession over, recovery eyed
Japan squeaked out of recession in the last quarter with modest growth that, analysts say, would provide a foundation for a strengthening economy.
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Australians warned of 'dramatic' budget plunge
Australian Treasurer Wayne Swan on Sunday warned of a "dramatic" hit to the government's bottom line due to commodity price falls, steeling voters for an austere budget in an election year.
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Argentina: HSBC helped launder money, evade taxes
Argentina's government on Monday accused the British banking giant HSBC of facilitating money laundering and tax evasion.
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Japan logs $8.1 billion trade deficit in February
Japan logged another trade deficit in February, this time of $8.1 billion according to data released Thursday, reversing a year-earlier surplus and underscoring the uncertain state of the world's...
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China, Japan, S. Korea open free trade talks
China, Japan and South Korea kicked off formal negotiations Tuesday on securing a free trade agreement to bind together three economies that account for around 20 percent of global GDP.
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World Bank links obesity to high food prices
Food prices have dropped since peaking six months ago but remain near record levels, pushing the world's poorest people toward "undernutrition" and obesity, the World Bank says.
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UPS to pay $40 million for illegal pharma shipments
UPS Friday agreed to forfeit $40 million and implement a compliance program after a Department of Justice probe found the company delivered drugs on behalf of illegal online pharmacies.
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Argentina presents conditions for debt repayment
Argentina has offered to repay under new conditions its debt to two New York hedge funds demanding a $1.33 billion payment for defaulted bonds.
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Panasonic 'investigated' in US for alleged bribes
The US government is investigating whether a unit of Japanese electronics giant Panasonic Corporation paid bribes abroad to ease business deals, The Wall Street Journal reported on Monday.
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Bernanke: US economy 'still far' from desired state
Federal Reserve Chairman Ben Bernanke said Monday that the US economy still has far to go to recover to an acceptable state of health.
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China records March trade deficit of $880 mn
China recorded a rare trade deficit in March, Customs authorities said on Wednesday, as imports exceeded exports by $880 million.
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EU, Japan begin trade talks looking for growth boost
The EU and Japan begin a first round of talks on Monday on one of the world's biggest free trade accords, part of a push to boost growth and get their faltering economies back on track.
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China's economy grew 7.7% in first quarter
China's economic growth slowed to 7.7 percent in the first quarter of this year, the government said on Monday, a shock result that came in below expectations.
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Online retailers under pressure with looming tax bill
The US Senate moved Monday toward expected approval of a bill that would subject online retailers to state sales taxes, cutting a advantage that helped them steal business from brick and mortar stores.
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