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23:12, 29 August 2014 Friday
Economy

16:32, 27 August 2014 Wednesday
Ukraine says Russia plans to block gas flows to Europe

Ukrainian Prime Minister Arseny Yatseniuk said that Kiev knew of plans by Russia to halt gas flows this winter to Europe

12:27, 27 August 2014 Wednesday
IMF's Lagarde put under investigation in fraud case

The inquiry into tycoon Bernard Tapie has embroiled several of former president Nicolas Sarkozy's cabinet members including Lagarde.

12:05, 27 August 2014 Wednesday

The riot broke out in the southern industrial hub of Johor state on Tuesday at a factory run by JCY International , a Malaysian firm that makes parts for electronic giants including Samsung, Hitachi and Western Digital.

11:52, 27 August 2014 Wednesday
Hawaii US territories to import Liquefied Natural Gas

Hawaii and U.S. territories have strong dependency on petroleum imports, because of their physical isolation and lack of fossil fuel resources, while their residential electricity prices have been three to five times the average residential prices of the mainland U.S.

10:58, 27 August 2014 Wednesday
Impasse over Kurdish tanker near Texas to drag on

Buyers of Kurdish crude could face lawsuits from Baghdad if the oil moves close to U.S. soil and would also require the seller to provide costly indemnities against potential lawsuits

10:36, 27 August 2014 Wednesday
Stricken Malaysia Airlines staff brace for job cuts

Deep job losses, route cuts and a change of leadership are expected to feature in a restructuring plan being prepared by Malaysia's government

10:05, 27 August 2014 Wednesday
Burger King buys Tim Hortons for 11 billion

New company will create the third largest global fast-food chain with annual sales of US$23 billion.

09:33, 27 August 2014 Wednesday

Once the international language of royal courts and diplomacy, French has lost ground to English in recent decades

16:38, 26 August 2014 Tuesday
Italy struggles with Plan B if Russian gas supplies cut

With Russian and Libyan imports at risk, Algeria has become key in safeguarding supplies.

12:36, 26 August 2014 Tuesday
Austrian finance minister quits in tax reform row

Clashes over economic policy also forced a government reshuffle in France this week as a political battle raged in Europe over whether belt-tightening had gone too far at the expense of economic growth.

09:19, 24 August 2014 Sunday
Swedish govt says to raise more taxes if re-elected

The most recent polls show the four-party centre-right coalition government trailing the centre-left opposition by more than 10 points.

09:11, 24 August 2014 Sunday
First stage of Iran-Iraq gas pipeline completed

The Iranian section of the 97km long pipeline completed

16:58, 23 August 2014 Saturday
Jordan to import natural gas from Gaza field

Gamal Qumwa, the chairperson of the energy committee in the Jordanian parliament, said that the preliminary agreement includes supplying Jordan with 150 cubic feet of natural gas from Gaza's field.

13:08, 23 August 2014 Saturday
Mexico launches special police force to guard economic activity

The 5,000-member force launched on Friday will be part of the federal police and focus on guarding agriculture, mining, and oil and gas production against criminal groups.

15:09, 22 August 2014 Friday
EU candidate Serbia says will not exploit Russian embargo

As a candidate for membership of the EU, Serbia is under pressure to bring its foreign policy into line with that of the 28-member EU

14:26, 22 August 2014 Friday
Argentina accuses U S judge of quot imperialist quot attitude

Judge said a proposed law announced by Argentina's president this week would violate orders he imposed favoring creditors who refused to accept restructured bonds following the country's record 2002 default.

10:11, 22 August 2014 Friday
Norway's Statoil drilling with Russian company despite sanctions

It is too early to say how the sanctions will have an impact on Statoil’s activities in Russia, according to company official.

10:08, 22 August 2014 Friday

Brazil's ambassador to Moscow says he is confident mutual trade can be boosted after Russian authorities approved nearly 140 Brazilian meat producers who are set to gain from sanctions imposed on Russia over Ukraine.



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