World economy

Copenhagen: G77 gives the boot to Danish draft

09 Dec 2009

The G77 group of countries and China, shredded a Danish draft proposal for an agreement on climate change saying it “threatens the success" of the ongoing Copenhagen summit.

10 per cent expatriates lose jobs in Gulf slump

09 Dec 2009

Professionals working in the Gulf have been hit hard by the downturn, with almost two-thirds not receiving any pay hike and one in 10 losing their job this year

US homeowners lose $5.9 trillion in value since 2006: study

09 Dec 2009

US government settles $1.4-billion class action suit by American Indians

09 Dec 2009

Japan unveils $81 billion fresh economic stimulus

08 Dec 2009

The second stimulus package, including the $81 billion in direct spending, would be worth a total of $274 billion in terms of project value.

Obama hints at spending unused TARP money to boost jobs

08 Dec 2009

China faces steel glut; may resort to dumping: reports

08 Dec 2009

No rate hike on sight as Fed chief says recovery in US 'fragile'

08 Dec 2009

Bernanke’s remarks dampened speculation that the central bank could begin lifting short-term rates from near zero.

Kuwait fund makes $1.1 billion through Citigroup stake sale

07 Dec 2009

KIA’s $5 billion investment in troubled US banks had been a subject of criticism for quite some time by some member’s of Kuwait’s national assembly

Brown to announce £12 billion spending cuts today

07 Dec 2009

Indian PM to attend Copenhagen summit

05 Dec 2009

The Copenhagen climate summit gathers pace as leading stakeholders either adjust schedules to be present when it matters, or consent to attend - as is now the case with the Indian prime minister.

Dubai crisis may hurt some sectors in India: report

03 Dec 2009

Uranium mining giant Cameco coming to India

03 Dec 2009

Uranium mining giant Cameco coming to India

03 Dec 2009

Baby Boomers shaping the future of technology: research

03 Dec 2009

Downturn raised corporate reliance on IT to survive: Accenture - EIU

03 Dec 2009

Deal with New York Fed slashes AIG debt by more than half

02 Dec 2009

Dubai World unwilling to part with ‘crown jewels’

02 Dec 2009

Dubai World wants to retain key revenue-generating assets including port operator DP World and a stake in Standard Chartered, though creditors may force it to sell them

Dubai World unwilling to part with ‘crown jewels’

02 Dec 2009

Dubai World wants to retain key revenue-generating assets including port operator DP World and a stake in Standard Chartered, though creditors may force it to sell them

Dubai World to restructure $26-billion debt

01 Dec 2009

Dubai World today announced a restructuring plan for about $26 billion in debt out of an estimated $59 billion it owes other

Not responsible for Dubai World debts: Dubai

01 Dec 2009

Chip sales up 5.1 percent in October, still down for year

01 Dec 2009

Government closely tracking Dubai crisis fall out: Ravi

30 Nov 2009

India, Canada announce civil nuclear deal

30 Nov 2009

Canadian prime minister Stephen Harper has announced a nuclear agreement with India that will see both nations resuming nuclear technology and uranium trade after a gap of 34 years.

India, Canada announce civil nuclear deal

30 Nov 2009

Canadian prime minister Stephen Harper has announced a nuclear agreement with India that will see both nations resuming nuclear technology and uranium trade after a gap of 34 years.