World economy

Copenhagen: US, China square up for the finale

Copenhagen: US, China square up for the finale

12 Dec 2009

The world’s two worst polluters – China and the United States - have begun sparring over respective negotiating positions with an intensity that belies earlier expectations of a spirit of accommodation at the Copenhagen climate summit.

Major developing countries must play big role in climate deal:US

Major developing countries must play big role in climate deal:US

12 Dec 2009

Negotiators at Copenhagen have already fired the first shots of what is expected to be a bitter dispute between the ‘developed’ and ‘developing’ nations over a successor pact to the Kyoto Protocol.

Pay czar caps Citibank, AIG, GM staff remuneration

12 Dec 2009

US House formulates new lending and credit rules

12 Dec 2009

123 Agreement delays impact India’s 2020 n-power targets

11 Dec 2009

123 Agreement impasse to resolve soon: USIBC

123 Agreement impasse to resolve soon: USIBC

11 Dec 2009

The US-India Business Council has said that all talks with the US on ‘arrangements and procedures’ of the bilateral nuclear deal are expected to be completed within a week or two.

NBN to be ‘enabling platform’ to drive innovation, productivity in Austrralia: Stephen Conroy

11 Dec 2009

Sarkozy, Merkel hail Darling’s move to impose bank bonus tax

11 Dec 2009

Switzerland keeps rates unchanged; stops bond purchase

11 Dec 2009

US n-firms feel the New Delhi chill

10 Dec 2009

Developing nations see red in Danish draft seeking unacceptable limits on emissions

10 Dec 2009

Russia to build 12-14 n-reactors in India

Russia to build 12-14 n-reactors in India

10 Dec 2009

The freshly signed civil nuclear pact with Russia will allow it to land contracts for the construction of between 12-14 n-reactors in India.

UK trade deficit widened to £7.1 billion in October

10 Dec 2009

Geithner for extending TARP till October 2

10 Dec 2009

BoA repays $45 billion TARP funds

BoA repays $45 billion TARP funds

10 Dec 2009

The bank also paid the government $190 million in accrued dividends on the repurchased preferred securities.

Nakheel reports 7.2-per cent rise in debt, shrinking assets

09 Dec 2009

Copenhagen: G77 gives the boot to Danish draft

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

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

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'

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

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

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