Hewlett-Packard Co has ended merger talks with EMC Corp and may soon announce this development, deciding to walk away after months of fruitless negotiations, people briefed on the matter…
World Economy
Turkish and Azerbaijani companies and government officials inked a contract to supply the steel pipe for a planned major natural gas pipeline project between the two countries.
Indian budget carrier IndiGo has agreed to buy 250 single-aisle A320neo aircraft from Airbus, the companies said on Wednesday, potentially marking the largest number of jets ever sold by the…
The Russian government has sufficient budget reserves to live through 2015 amid falling oil prices and depreciating national currency, Finance Minister Anton Siluanov said on Wednesday.
“We…
Britain launched a yuan-denominated sovereign bond, the first of its kind by a Western nation outside China and the largest ever non-Chinese issue.
“The UK government has successfully…
German inflation remained stable at a very low level in September, Germany’s Federal Statistics Office said on Wednesday, keeping the European Central Bank under pressure to add further stimulus…
Inflation in China fell to 1.6% in September, below analysts’ forecasts and the lowest in the world’s second-largest economy for almost five years. The consumer price index (CPI) figures released…
US consumers might be paying less than they are for cable and Internet access if regulators had followed the guidance of Jean Tirole in promoting industry competition, AP reported.
Asian markets were mixed Tuesday following another heavy sell-off on Wall Street, with Tokyo taking a thumping as traders returned from a long weekend to a much stronger yen.
With…
A fresh study by a leading economic think tank has warned of the growing impact of traffic congestion on the economies of major industrialized nations. The institute’s forecast is nothing less…
Call it America’s $11 trillion advantage: Consumer spending is likely to steer the US economy safely through the shoals of deteriorating global growth and turbulent financial markets.
Global regulators are making it more expensive for hedge funds and insurance companies to raise money from loaning shares in a bid to curb hitherto unregulated risks in “shadow banking”.
Germany last week reported its biggest one-month plunge in factory orders since the bad old days of the 2009 recession and posted its biggest one-month drops in industrial output and exports since…
Inflation fell sharply to a five-year low last month to fuel expectations that the Bank of England will not raise interest rates until after next year’s general election. The Consumer Price Index…
Brazilian analysts have upgraded the country’s economic growth forecast for 2014 from 0.24% to 0.28% for the first time in nearly five months, Brazil’s leading news website G1 reported. Boletin…
Singapore’s economy expanded more than analysts estimated in the third quarter, adding to evidence that increasing global demand is fueling the island’s manufacturing pickup. Gross domestic…
Egypt’s GDP growth rate rose in the fourth quarter of fiscal 2013/14 to 3.7%, up from 2.5%, the government said, in the latest sign that confidence is returning to an economy battered by three…
Samsung Electronics has unveiled the 27-inch full HD curved monitor designed to enhance visually compelling entertainment content. The S27D590C’s advanced display creates a more immersive viewing…
Economies across the European Union will lose about €40 billion ($50b) this year, with the damage estimated to widen to €50 billion in 2015, Russia’s Foreign Minister Sergey Lavrov said, citing…
An Indian financial market regulator said Monday it had barred the country’s biggest real-estate company DLF from the securities market for three years for allegedly defrauding investors.
The water coming out of Beijing taps later this month may have travelled more than 1,400 kilometers, transported along a series of canals and pipelines that form part of the world's biggest water…
Too big to fail is likely to prove a costly epithet for the world’s biggest banks as regulators demand they increase debt securities to cover losses should they collapse.
Google Inc and other investors are planning to invest about $500 million in hardware and software developer Magic Leap Inc to deliver “cinematic reality”, technology website Re/Code said…
A decline in services costs drove down France’s prices by 0.4% at the end of September against a 0.4% rise in August, official data showed on Tuesday, Xinhua said. On yearly basis, inflation rate…
The UK government is seeking buyers for its 40% stake in the cross-Channel train operator Eurostar to help boost the public finances. The intention to sell was set out last year in the government’…
