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Christine Lagarde says she is more concerned by plight of African children than country facing tough austerity measures.
Last Modified: 26 May 2012 10:17 GMT
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European single currency hits near two-year lows as EU summit fails to allay investor fears over Greek economy.
Last Modified: 25 May 2012 05:02 GMT
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Ailing computer maker to layoff approximately eight per cent of its workforce by the end of 2014.
Last Modified: 24 May 2012 05:22 GMT
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Experts say huge business taxes have reduced growth in what has become Latin America's most expensive country.
Last Modified: 23 May 2012 19:25 GMT
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Financial services giants faces subpoena for its analyst's reduced estimates in run-up to Friday's IPO.
Last Modified: 23 May 2012 11:29 GMT
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Sportswear manufacturer accuses former MD and CEO of committing fraud that led company to lose around $157m.
Last Modified: 24 May 2012 09:06 GMT
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Autonomous region's oil minister outlines plans to export oil and gas to Turkey, increasing tensions with Baghdad.
Jane Arraf
Last Modified: 21 May 2012 14:27 GMT
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Struggling US internet giant set to receive more than $7bn for its stake in Chinese e-commerce player.
Last Modified: 21 May 2012 08:31 GMT
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Education, health care and welfare seen as vulnerable as California considers $8.3bn in spending cuts.
Last Modified: 16 May 2012 20:03 GMT
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Shareholders put pressure on bank to reclaim money from executives who oversaw the trades now under investigation.
Last Modified: 15 May 2012 23:52 GMT
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