World economy
Microsoft, HP among US firms that manoeuvred to avoid billions in taxes: Report
21 Sep 2012
A US senate committee memo says Microsoft Corp had resorted to aggressive international tax manoeuvres to avoid billions of dollars in taxes over the past three years
Pak PM to open graft cases against President Zardari
18 Sep 2012
Pakistan Prime Minister Pervez Ashraf today told the Supreme Court that the government will open the graft cases against President Asif Ali Zadari.
Japanese firms shut China plants as tensions mount over disputed islands
18 Sep 2012
Some of Japan’s best known companies downed shutters at their factories and stores across China yesterday in the face of the biggest anti-Japanese protests in year
Britain to probe petroleum price rigging
15 Sep 2012
British MPs have sought action against speculators for rigging petroleum product prices after a whistleblower detailed how price rigging takes place
US Fed chief targets unemployment
15 Sep 2012
US Federal Reserve chairman Ben Bernanke has unveiled the third round of asset purchases by the central bank, dubbed quantitative easing (QE3), that aims to buy at least $40 billion of mortgage debt every month
German court approves eurozone bailout fund
13 Sep 2012
Obscure Libyan group blamed for US envoy’s killing
13 Sep 2012
Libya's deputy ambassador to London, Ahmad Jibril, has blamed a little-known Islamist group - Ansar al-Sharia – as the perpetrators
Moody's warns of US credit downgrade
12 Sep 2012
Unite leader warns of coordinated strikes in UK
08 Sep 2012
Putin in hang glider leads Siberian crane flock in migratory flight
07 Sep 2012
Russian president Vladimir Putin dressed up as a Siberian crane and piloted a hang glider to lead young birds in migratory flight.
European recession slowing global economy: OECD
06 Sep 2012
The euro area’s three largest economies – Germany, France and Italy – will shrink at an annualised rate of 1 per cent on average during the third quarter and at 0.7 per cent in the fourth
India falls 3 places to 59th in WEF’s global competitiveness index
05 Sep 2012
India, which was once ahead of Brazil and South Africa, now trails them by some 10 places and lags behind China by a margin of 30 positions