World economy

European car sales rise for the first time in 19 months

17 May 2013

MPs ready with questions for Amazon over taxes

17 May 2013

High Court clears “sweetheart” tax deal between Goldman Sachs and HMRC

17 May 2013

IMF approves €1-bn loan for Cyprus

17 May 2013

Obama fires chief of tax agency IRS over ‘tea party’ scandal

Obama fires chief of tax agency IRS over ‘tea party’ scandal

17 May 2013

US President Barack Obama sacked the acting chief of the Internal Revenue Service, for an 18-month campaign against opposition poltical groups in the run-up to the 2012 US election

Cairn India boosts Vedanta’s FY’13 net profit by 163%

Cairn India boosts Vedanta’s FY’13 net profit by 163%

16 May 2013

During the year, the company also managed to reduce its net debt by $1.5 billion to $8.615 billion despite near zero production by group iron ore mining firm Sesa Goa

US industrial production reveals biggest 8-month decline in April

16 May 2013

US budget deficit falling faster than expected

15 May 2013

France returns to recession as Euro zone economy shrinks

15 May 2013

Euro zone economy in an extended recession

Euro zone economy in an extended recession

15 May 2013

Recession in the bloc, which dates back to the fourth quarter of 2011, is now longer than the five quarters of contraction that followed the global financial crisis in 2008-09

EU regulator raids oil giants over price manipulation

EU regulator raids oil giants over price manipulation

15 May 2013

The European Commission yesterday raided the offices of oil giants including Royal Dutch Shell, BP and Statoil over concerns that they colluded in manipulating the oil price benchmark in violation of EU antitrust rules

Greek government to arrest striking teachers as austerity cuts bite

15 May 2013

UK govt earmarks £440 mn for technological innovation

15 May 2013

Vermont set to become fourth state with assisted suicide law

14 May 2013

France to tax Apple, Google devices to fund culture

14 May 2013

France to tax Apple, Google devices to fund culture

14 May 2013

France to tax Apple, Google devices to fund culture

14 May 2013

PM unlikely to accept Sharif’s impromptu invite for swearing-in

PM unlikely to accept Sharif’s impromptu invite for swearing-in

14 May 2013

Prime Minister Manmohan Singh is yet to receive a formal invitation for the swearing-in ceremony of Pakistan's newly elected Prime Minister Nawaz Sharif; but is unlikely to accept when it comes

S&P cuts GDP forecasts for China, India, Japan, S Korea

14 May 2013

Luxury home prices in Hong Kong, Singapore dip as govts act

13 May 2013

Nawaz Sharif set to be Pakistan PM for a third time

Nawaz Sharif set to be Pakistan PM for a third time

13 May 2013

The two-time prime minister, once jailed and exiled following his ouster in a military coup in 1999, has promised to improve relations with both India and Afghanistan

Pakistan Election outcome could augment stability of sovereign rating: S&P

13 May 2013

US posts biggest monthly budget surplus in 5 years

US posts biggest monthly budget surplus in 5 years

13 May 2013

The US Treasury said that the country’s budget surplus in April was $113 billion, the largest in five years on the back of increased tax revenue

Election over, Pakistan starts counting vote

11 May 2013

Osborne warns UK’s richest over tax evasion

11 May 2013

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