World economy

AC Milan deny stake sale to Manchester City’s Arab owners

24 Feb 2009

Microsoft withdraws payback demand

24 Feb 2009

Top US home-improvement retailer Home Depot files $54-million quarterly loss

24 Feb 2009

Pawnbrokers expand business as recession deepens

24 Feb 2009

YSL dictates the price – art sale fetches $265 million

YSL dictates the price – art sale fetches $265 million

24 Feb 2009

The first day’s sale of legendary French couturier Yves Saint Laurent (YSL) art collection has belied all expectations of a slump in the art market given the state of the global economy.

BlueScope Steel reports 250 per cent rise in H1 net; sees losses in second half

23 Feb 2009

Citigroup in talks for more government aid

23 Feb 2009

Clinton skirts rights issues on China visit

23 Feb 2009

Silver Falls Bank becomes 14th American bank to fail in 2009

23 Feb 2009

European leaders for stronger supervision of financial systems

European leaders for stronger supervision of financial systems

23 Feb 2009

European leaders back Merkel's call for a "charter of sustainable economic activity" to reduce economic imbalances and stabilise financial markets.

Brown invites Singh to G20 meet

21 Feb 2009

US senator pushes for Chrysler-Fiat merger

21 Feb 2009

No.2 US home-improvement retailer Lowe's reports 60 per cent declin in quarterly profit

21 Feb 2009

British shoe brands Barratt and Priceless revived from administration

21 Feb 2009

UK business secreatry in war of words over economy with Starbucks CEO

21 Feb 2009

Mining giant Anglo American reports 29 per cent profit drop, to cut 19,000 jobs

20 Feb 2009

China overtakes Japan as top foreign creditor to the US

China overtakes Japan as top foreign creditor to the US

20 Feb 2009

China has surpassed Japan as the US' biggest foreign creditor with $696.2 billion worth holdings in US treasury bonds December 2008

New York looks to India, China to drive financial sector growth

New York looks to India, China to drive financial sector growth

19 Feb 2009

New York mayor Michael Bloomberg has unveiled a major initiative to support the  city's financial services sector by encouraging entrepreneurship and business innovation in a bid to save jobs

2009 infrastructure rating outlooks tilt negative as slowdown deepens

18 Feb 2009

Low inflation and soon deflation will freeze pay of UK workers

18 Feb 2009

US stimulus package provides $8 billion for rail expansion

US stimulus package provides $8 billion for rail expansion

18 Feb 2009

President Obama $787.2-billion economic recovery package signed yesterday will provide $8 billion for investments in high-speed passenger trains

Trump Entertainment Resorts files for bankruptcy protection

17 Feb 2009

FDI to China plunges for the fourth month

16 Feb 2009

KFC UK bucks the trend- to create 9,000 new jobs

16 Feb 2009

Japan’s economy slides to its lowest since WW II

Japan’s economy slides to its lowest since WW II

16 Feb 2009

Japan is facing its worst economic crisis since World War II as its economy shrank at an annualised pace of 12.7 per cent in the fourth quarter, the worst also since the oil crisis of 1974.

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