World economy

UK government may raise Lloyds stake to 77 per cent

07 Mar 2009

Merrill Lynch investigates rogue trader in London

06 Mar 2009

Wells Fargo cuts dividend by 85 per cent; sees additional savings of $2 billion in 2009

06 Mar 2009

US Federal Trade Commission, supermarket chain Whole Foods reach agreement

06 Mar 2009

China sees economy recovering; makes multiple protective forex plans

06 Mar 2009

Global economic crisis will create more women unemployed: ILO

06 Mar 2009

The global economic crisis and deepening  recession will hurt women more as the number of unemployed women is expected to rise to 22 million this year

Australian media downturn to last 3 more years: report

06 Mar 2009

US jobless claims slip back to 639,000

06 Mar 2009

Most US retailers struggle to survive

06 Mar 2009

New Chinese stimulus package fails to materialise

05 Mar 2009

Indian business model could help fight recession: UK envoy

05 Mar 2009

US broking firms settle with SEC for $70 million over illegal trades

05 Mar 2009

US broking firms settle with SEC for $70 million over illegal trades

05 Mar 2009

US defence contractor Northrop Grumman to lay off 750 employees

05 Mar 2009

China's budget records highest fiscal deficit in six decades

05 Mar 2009

Film piracy profits could fund terrorism: Rand Corp

05 Mar 2009

Organized crime is assuming a larger role in film piracy globally, says a Rand report, and profits from this business could increasingly fund terrorist activities in larger measures in the near future.

Video rental firm Blockbuster looking to raise capital, denies bankruptcy rumours

04 Mar 2009

Smartphones to corner 25 per cent of the mobile phone market

04 Mar 2009

Smartphones will corner about 20 per cent of the mobile phone market by 2013 despite the economic downturn, say industry researchers.

American consumers, businesses filing for bankruptcy up 29 per cent y-o-y

04 Mar 2009

Poor countries need $25 billion emergency aid to fight crisis: IMF

04 Mar 2009

The global financial crisis has shifted to the world's poorest nations, says  Dominique Strauss-Kahn, MD, IMF

US stocks at 11-year low

04 Mar 2009

American bank offers to return bailout money

04 Mar 2009

Global mobile phone sales grew 6 per cent in 2008, despite 5 per cent decline in Q4

03 Mar 2009

Toyota looking for state aid of $2 billion

03 Mar 2009

Forecasting its first loss in 59 years Toyota Motor Corp is reported to be seeking up to $2 billion in loans from the Japanese government

Half the world’s population carries a cell phone

03 Mar 2009

According to the International Telecommunications Union (ITU), by the end of last year there were an estimated 4.1 billion cell phone subscriptions globally.