World economy

US trade gap increases to $47.24 bn in April

US trade gap increases to $47.24 bn in April

05 Jun 2014

The trade deficit rose sharply in April to the widest in two years as consumers bought record amounts of imported consumer goods, business equipment and automobiles

UK superkarket chains face challenges from price cuts, falling revenues

04 Jun 2014

Spanish liberty hero King Carlos abdicates in favour of son Felipe

Spanish liberty hero King Carlos abdicates in favour of son Felipe

03 Jun 2014

King Juan was instrumental in returning Spain to democracy after the Franco dictatorship and is widely respected across Spain

China factory activity expands fastest in five months

03 Jun 2014

Spain plans $8.6 billion stimulus package

Spain plans $8.6 billion stimulus package

02 Jun 2014

The stimulus is expected to boost the Spanish economy's competitiveness and create jobs

IMF releases $4.6 bn in bail-out funds for Greece

31 May 2014

Japan’s consumption drops sharply after sales tax increase

31 May 2014

US consumer spending down for the first in a year in April

31 May 2014

US won’t stand by as China ‘destabilises’ South Seas: Hagel

31 May 2014

Diageo worried Scottish independence may give it a hangover

Diageo worried Scottish independence may give it a hangover

31 May 2014

Ivan Menezes, CEO, Diageo Plc, says that conflicts over currency and new tax arrangements after a possible Scottish independence could damage the Scotch whisky industry. By Jagdeep Worah

Argentina might consider deal with holdout bondholders

30 May 2014

US economy contracts in first quarter, first time in three years

30 May 2014

Blair-Bush deal brings UK close to revealing Iraq War secrets

30 May 2014

Drugs, sex add £10 bn a year to UK economy: official study

Drugs, sex add £10 bn a year to UK economy: official study

30 May 2014

Illegal drugs and prostitution have contributed £10 billion to the UK economy – more than many other business activities like house-building, official data shows

Russia, Belarus and Kazakhstan form Eurasian Economic Union

Russia, Belarus and Kazakhstan form Eurasian Economic Union

30 May 2014

The treaty guarantees free movement of goods, services, capital and labor among member states and policy coordination in key sectors, including energy, industry, agriculture and transportation

CIA Afghanistan chief’s cover blown by White House goof-up

27 May 2014

ECB president Mario Draghi warns of negative spiral

27 May 2014

Right-wingers notch stunning wins in European Parliament polls

26 May 2014

Pakistan PM Nawaz Sharif lands in Delhi for historic visit

Pakistan PM Nawaz Sharif lands in Delhi for historic visit

26 May 2014

Modi and Sharif have set a precedent; it is the first time that an elected prime minister of Pakistan is attending the swearing-in of an Indian counterpart

Euro down to three-month low as business confidence drops in Germany

24 May 2014

Xinjiang insurgents leave 39 dead; Beijing says culprits identified

24 May 2014

US suspends military aid to Thailand as army crackdown continues

24 May 2014

Pak PM Nawaz Sharif accepts invite to attend Modi’s swearing-in

Pak PM Nawaz Sharif accepts invite to attend Modi’s swearing-in

24 May 2014

Prime Minister Nawaz Sharif will become the first Pakistani premier to attend the swearing in of an Indian prime minister

Chinese mining tycoon sentenced to death for mafia-style operation

Chinese mining tycoon sentenced to death for mafia-style operation

23 May 2014

Chinese mining tycoon  Liu Han and four others, including his younger brother Liu Wei were sentenced to death after the court found all 35 members of the gangland guilty for criminal activities

Greek economic hardship leads to air pollution crisis

Greek economic hardship leads to air pollution crisis

23 May 2014

A study from researchers in the US and Greece reveals an overlooked side effect of economic crisis — dangerous air quality caused by burning cheaper fuel for warmth

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