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Thursday Jul 17, 2014
06:35 PM GMT
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Business
Business
Microsoft to cut 18K jobs worldwide
Microsoft says it would slash 18000 jobs from its global workforce over the next year.
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OPEC ready for 2015 growing demand
Thu Jul 10, 2014 4:11PM
OPEC says it is ready to supply enough oil on the market next year.
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‘Argentina cannot make bond payment’
Thu Jun 19, 2014 8:6AM
Argentina’s Economy Ministry says Buenos Aires cannot make a bond service payment.
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Oil prices rise in Asia over Iraq crisis
Mon Jun 16, 2014 9:40AM
Oil prices have jumped to a nine-month high in Asian amid the worsening crisis in Iraq.
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IEA warns of global energy needs
Tue Jun 3, 2014 9:44AM
The International Energy Agency says $48 trillion need to be invested by 2035 to meet global energy needs.
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OECD jobless rate rose in February
Thu Apr 10, 2014 12:43AM
The OECD says unemployment rate in developed countries rose slightly in February.
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Global oil prices rise over Ukraine
Tue Apr 8, 2014 10:39PM
Global oil prices rise over renewed tensions and a new wave of mass protests in Ukraine.
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Opt out of dollar and US Empire will die
Thu Apr 3, 2014 2:9PM
If nations opt out of the US dollar, this evil Empire will collapse along with its armed wing,” says an analyst.
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Global economic growth too slow: IMF
Thu Apr 3, 2014 8:48AM
IMF chief Christine Lagarde warns that the global economic growth remains too slow.
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Hitachi to relocate rail business to UK
Thu Mar 20, 2014 6:8AM
Hitachi will relocate its global rail business from Japan to the UK.
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Ditching dollar deathblow to imperialism
Tue Mar 18, 2014 6:41PM
Dropping dollar from global transactions will deliver a deathblow to US imperialism, says an analyst.
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‘Russia sanctions to bump up oil prices’
Tue Mar 18, 2014 1:42PM
Any US sanctions on Russian oil will ratchet up the price of oil in the world, says Iran’s oil minister.
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Eurozone output falls in December
Wed Feb 12, 2014 1:43PM
Official figures show industrial output in the eurozone fell more than expected last December.
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Sony says will cut 5,000 jobs
Thu Feb 6, 2014 10:31AM
Sony says it will cut some 5,000 jobs.
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IMF warns of rising threat of deflation
Thu Jan 16, 2014 2:14AM
The IMF has warned of the risks of deflation to world’s economy despite a rising growth in the global economy.
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Brent oil price falls after Iran deal
Mon Nov 25, 2013 7:10AM
Brent crude oil price slumps by more than two percent after the deal on Iran’s nuclear energy program.
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Dollar enters death throes: Economist
Sat Nov 23, 2013 4:35PM
The role of the US dollar as a reserve currency is coming to an end, an American economist says.
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‘NSA focuses on economic intelligence’
Wed Nov 13, 2013 4:7PM
A lawyer says the NSA gathers economic data to help the US remain dominant.
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Peugeot experiences €4bn in lost sales
Sat Oct 26, 2013 4:58AM
France company Peugeot experiences an estimated 4 billion euros in lost sales over cutting ties with Iran.
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'US already third world economy'
Thu Oct 24, 2013 1:43PM
An American economist says the US has already become a third world economy.
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Japan posts record trade deficit
Mon Oct 21, 2013 8:15AM
Official figures show that Japan’s trade deficit for September surged to a new record high.
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Asia stocks drop amid US shutdown
Mon Oct 14, 2013 7:22AM
Asian stocks drop amid the ongoing shutdown of the US federal government.
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‘US default can cause global disruption’
Mon Oct 14, 2013 12:52AM
The International Monetary Fund warns against the consequences if the US government defaults on its debt.
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Global markets fall over US shutdown
Mon Sep 30, 2013 3:56PM
Global markets fall on fears that the US might be heading for a government shutdown.
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Turkey budget deficit could worsen: S&P;
Thu Sep 12, 2013 12:52AM
The S&P; has warned that Turkey’s economic and political situation could aggravate its budgetary deficit.
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European stocks fall over Syria tension
Tue Aug 27, 2013 9:21PM
European stocks fall sharply amid the escalating rhetoric of war against Syria.
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Oil prices hit new high over Syria fears
Tue Aug 27, 2013 4:34PM
Oil prices hit a new near six-month high amid concerns about possible war on Syria.
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Oil prices soar over supply worries
Tue Aug 13, 2013 5:41PM
Global oil prices climb amid reports of supply disruptions in Libya’s crude exports.
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TSE index hits new record
Thu Jul 4, 2013 3:18PM
Main index of Tehran Stock Exchange hits new record high.
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Euro stocks drop amid political crisis
Thu Jul 4, 2013 2:50PM
European markets witness a drop as the political crisis deepens in Egypt and Portugal.
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Global markets fall on news from Fed
Fri Jun 21, 2013 1:37AM
Global markets have plunged after the Federal Reserve said it may end its stimulus of the US economy this year.
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Bilderbergers talk “big data”
Sun Jun 9, 2013 2:42AM
The 2013 meeting of the Bilderberg Group is currently underway, with “big data” on the top of the agenda.
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US manufacturing hits new 4-year low
Mon Jun 3, 2013 7:6PM
US manufacturing growth has contracted to its lowest reading in four years, a new report says.
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Gold has its biggest fall in 30 years
Tue Apr 16, 2013 12:37AM
Gold has plunged more than 9 percent in a single day, its biggest one-day drop since 1983.
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‘Corruption rife among politicians’
Thu Apr 11, 2013 8:35PM
Fresh leaks from a colossal cache of files reveal outrageous financial corruption worldwide.
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European stocks plunge on Cyprus deal
Mon Mar 25, 2013 10:24PM
European stock markets have plunged after Cyprus struck a bailout deal to save it from bankruptcy.
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German telecom giant loses 5bn euros
Thu Feb 28, 2013 3:38PM
Germany’s mobile giant has reported a loss of over five billion euros in the fourth quarter of 2012.
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US stocks drop over poor econ. data
Fri Feb 22, 2013 3:6AM
US stock markets fall for the second consecutive day over concerns about US and European economies.
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Brent oil price hits five-month high
Fri Feb 8, 2013 1:12AM
Brent oil price rises to its highest level in five months following new US sanctions against Iran.
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US sanctions on Iran raise oil prices
Wed Feb 6, 2013 11:54PM
LAST UPDATE
Oil prices climb after new US sanctions against Iran, with Europe's benchmark Brent closing at $116.73.
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Dow drops 130, other markets down
Tue Feb 5, 2013 3:46AM
The Dow Jones has dropped 130 points following other major markets amid EU uncertainty.
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Panasonic, Sharp post whopping losses
Fri Feb 1, 2013 3:21PM
Japanese electronics giants Panasonic and Sharp report USD11 billion in combined losses.
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Iran carpet exports hit USD330 million
Fri Jan 11, 2013 2:56PM
Iran carpet exports reach USD330 million in the first three quarters of the current Iranian calendar year.
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French auto-giant Peugeot sales drop
Wed Jan 9, 2013 2:43PM
French auto-giant Peugeot reports a 16.5 percent drop in sales worldwide amid the eurozone crisis.
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Oil prices up in Asia ahead of US talks
Fri Dec 28, 2012 11:26AM
Oil prices soar in the Asian markets ahead of Washington's last-ditch efforts to avoid the fiscal cliff.
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Iran holds intl. advertising exhibition
Fri Dec 21, 2012 7:28AM
Iran holds an international advertising and marketing exhibition in Tehran.
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Oil prices rise on falling US supplies
Thu Dec 20, 2012 2:46AM
Oil prices rise in global markets amid report of shrinking US crude supplies.
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West’s job crisis may last years: UN
Wed Dec 19, 2012 3:42AM
A UN report says the jobless crisis in Western states may continue for years.
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Mitsubishi, US SkyWest ink $4.2bn deal
Thu Dec 13, 2012 9:57AM
Japan’s Mitsubishi Aircraft Corporation inks a $4.2-billion deal with the SkyWest Airlines.
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Brent crude futures close above $110
Wed Dec 12, 2012 5:28PM
LAST UPDATE
Brent crude futures gains to more than $2, push above $110.
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