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13:06, 21 September 2014 Sunday
Economy

11:55, 19 September 2014 Friday
China hands drugmaker GSK record fine sentences executives

Chinese police said that the firm had funnelled up to 3 billion yuan to travel agencies to facilitate bribes to doctors and officials.

09:29, 19 September 2014 Friday
How ISIL uses Syria's oil to fuel its advances

A lack of expertise in extracting and refining oil means that most of ISIL's revenues come from direct sales to local businessmen, smugglers and profiteers and oil traders.

14:27, 18 September 2014 Thursday
Russia approves tough budget as sanctions restrict growth

The 2015-2017 budget allows for tapping into the country's reserves for the first time since the 2008 global crisis

14:00, 18 September 2014 Thursday
Air France pilots threaten to extend strike indefinitely

A pilots strike at Air France stretched into its fourth day on Thursday, with the two sides still at odds in a dispute over cost cuts that has forced the airline to cancel nearly 60 percent of its flights.

11:51, 18 September 2014 Thursday
Greece opens Adriatic coast for oil gas exploration

Greece will start licensing for exploration in offshore areas after EU publishes call for tenders.

11:01, 18 September 2014 Thursday
Diversified LNG gas price index to aid Japan

Deal agreed between TEPCO and BP will help Japan work towards lowering price of fuel, experts said.

09:38, 18 September 2014 Thursday
Kurdish oil heads to Asia in talks with China

At least three Kurdish cargoes of 1 million barrels each have sailed from Ceyhan towards Asia in the past month

09:20, 18 September 2014 Thursday
IMF proposes 127 mln for three Ebola-hit countries

The funds, which must still be approved by the IMF's executive board, would help cover an estimated $300 million financing gap in the West African countries over the next six to nine months

15:53, 17 September 2014 Wednesday
Norway's oil and gas production decreases in August

Some of the oil and gas fields reduced production due to maintenance and technical problems.

13:13, 17 September 2014 Wednesday
London's young techs find anti-immigrant mood a drag

One study has found migrants are behind one in seven companies in the UK. Need for skilled talent puts London at odds with national policy

10:14, 17 September 2014 Wednesday

Industry group sends letter to presidential candidates complaining of unpredictable and interventionist policies.

09:09, 17 September 2014 Wednesday
South Sudan sets limits on hiring foreign workers

Many foreigners work in South Sudan for aid agencies, which often require specialist medical skills or field experience, or oil firms, which often employ people with technical or other industry skills.

21:52, 16 September 2014 Tuesday
Lufthansa agrees with cabin crew on no-frills service

Germany's flagship carrier is in the middle of a restructuring and is negotiating savings and cost cuts with several unions.

21:39, 16 September 2014 Tuesday
Ghana starts talks with IMF

Ghana's Trades Union Congress has urged the government to pursue its own reforms rather than accept IMF austerity

17:04, 16 September 2014 Tuesday
1 in 9 people undernourished globally- UPDATED

The report called for more effort especially in sub-Saharan Africa and Southern and Western Asia to reduce the hungry share of the population in developing countries to 11.7 percent

16:35, 16 September 2014 Tuesday
Pilot strike forces Air France to cancel over half of

The airline said it expected to operate "at least 40 percent of its flights" on Wednesday, based on three-fifths of pilots walking out, as management prepared to hold further talks with unions

12:26, 16 September 2014 Tuesday
Kudrin Russia will struggle to help firms under sanctions

Kudrin said he expected the Russian economy to stagnate this year or weaken further, and that growth would be negative in 2015, well below government forecasts for 0.5 percent in 2014 and 1 percent next year.

10:07, 16 September 2014 Tuesday
Istanbul Finance Summit 2014 1st day wrap-up

Istanbul with its regulated markets and structure, is a candidate to become a global financial center, said international economist Cornelia Meyer.



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