16 Mar 10 -
US suffers net capital outflow in January NEW YORK: Foreign investors, led by central banks, were net sellers of all U.S. securities in January but continued to buy US Treasuries, the Treasury Department said yesterday. China remained the...
16 Mar 10 -
EUROPE'S biggest telecommunications group, Deutsche Telekom, said yesterday that women would fill 30 per cent of its senior positions by end 2015 to allow the group to operate better. It is the first company listed on Germany's DAX index...
16 Mar 10 -
FRENCH Economy Minister Christine Lagarde urged Germany in an interview published on yesterday to expand domestic demand because its large trade surplus threatened the competitiveness of other euro zone economies. Greece is battling a...
16 Mar 10 -
THE British government announced new rights for credit card users yesterday that it says will save consumers millions of pounds and give them more control over their finances. The new rights were secured in an agreement between the...
16 Mar 10 -
SWISS banking giant UBS said yesterday that Australian, British and Canadian tax authorities have filed requests for information after it settled a massive tax evasion case with US authorities. Following the deal with the US "tax and...
16 Mar 10 -
ARAB oil producers in the Gulf will likely call for quota compliance at Opec's meeting on Wednesday but will not press for output discipline as long as prices remain high, analysts said. "Highly compliant Gulf producers will call for...
15 Mar 10 -
DEBT-HIT Greece heads for another grilling by European peers in Brussels this week over its austerity programme in the wake of a general strike and amidst deteriorating recession and jobless figures. Greek Finance Minister George...
15 Mar 10 -
CHINA'S premier says the world might face a "double dip" recession due to continued high unemployment and risks in financial systems. Premier Wen Jiabao made the comments yesterday following the close of China's annual...
15 Mar 10 -
AS THE United States gears up for a US$100-million effort to boost tourism, doubts remain whether the initiative can live up to its promise and overcome a tarnished US image abroad. A law signed March 4 by President Barack Obama creates a...
15 Mar 10 -
Crew strike threatens BA's future: minister LONDON: British Transport Secretary Andrew Adonis yesterday urged cabin crew at British Airways to call off their planned strikes this month, saying it threatened the company's very existence....
