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Legislators vote to cut subsidies in August but only if price of crude rises above $120 a barrel, after mass protests.
Last Modified: 31 Mar 2012 05:43 GMT
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US president imposes measures to further isolate Iranian central bank, judging move will not hit US consumers or allies.
Last Modified: 31 Mar 2012 06:54 GMT
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Company running Apple's assembly lines in China reduces working week to legal limit of 49 hours after auditor's report.
Last Modified: 30 Mar 2012 07:09 GMT
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Kwok brothers held by anti-corruption investigators, wiping billions of dollars off value of their property company.
Last Modified: 30 Mar 2012 10:49 GMT
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Government announces $36bn in cuts and taxes intended to "stop Spain being a problem", a day after countrywide strikes.
Last Modified: 31 Mar 2012 08:35 GMT
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Creation of "BRICS bank" on agenda as leaders of emerging economies gather in New Delhi to further strengthen ties.
Last Modified: 29 Mar 2012 18:06 GMT
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Struggling Canadian firm reports net loss of $125m for its fiscal fourth quarter despite a shake-up in leadership.
Last Modified: 30 Mar 2012 02:16 GMT
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Company president Chase Carey says allegations that it sabotaged satellite TV rivals in UK and Australia are "baseless".
Last Modified: 29 Mar 2012 08:49 GMT
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Transport and public sector services affected as workers strike against austerity measures and labour reform.
Last Modified: 30 Mar 2012 06:27 GMT
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High-quality oil found in nation's northwest, bringing optimism but also concerns fueled by neighbours' experiences.
Last Modified: 26 Mar 2012 19:30 GMT
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