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World

Feb 23, 2016
Vienna is the world’s best city to live in; Baghdad is the worst, and London, Paris and New York do not even make it into the top 35, according to…
Feb 22, 2016
App-based car-hire service Uber is losing more than $1bn (£699m) a year in China, as it struggles against what it called a "fierce competitor". Uber CEO Travis Kalanick made the…
Feb 11, 2016
Food and drink giant Nestle has ended its sponsorship of the IAAF, as it fears the doping scandal engulfing the world athletics governing body could damage its reputation. The Swiss…
Feb 09, 2016
India's economy grew at an average rate of 7.5% in 2015, faster than the 6.9% growth in China, official figures show. India's government said GDP growth in October to December…
Feb 04, 2016
There are increasing signs of an economic slowdown in China, with pundits wondering whether this may prompt the government to let the national currency drop even further. Big hedge funds…
Feb 03, 2016
ExxonMobil announced plans to slash its capital budget and suspend its share repurchase programme Tuesday after the crash in oil prices cut deeply into its earnings. The biggest US oil…
Feb 02, 2016
Barclays and Credit Suisse have been fined a total of $154m (£108m) by US regulators for their US "dark pool" trading operations. "Dark pool" operations allow investors to trade large…
Feb 01, 2016
Chinese executives have reaped more than 7 billion euros in what may be China's largest case of financial fraud. Some 95 percent of the company's projects were fictional entities, according…
Jan 30, 2016
Facebook co-founder and one of the world’s youngest billionaires, Mark Zuckerberg, recently became the sixth richest person in the world with a net worth of $46.25 billion, following the results…
Jan 25, 2016
Oil prices extended their rally in Asia on Monday buoyed by hopes of extra stimulus measures in the eurozone and Japan that could help boost demand in the face of…
Jan 23, 2016
Christine Lagarde has stepped up to defend her throne at the influential International Monetary Fund. She has the backing of some of the world's most powerful leaders, but could her…
Jan 20, 2016
62 people have same wealth as 3.5 billion, says charity Oxfam urges crackdown on tax havens to reduce inequality. The richest 1 percent is now wealthier than the rest of…
Jan 18, 2016
German carmaker Volkswagen was one of the "most disliked" companies for pressure groups last year following its emissions scandal, a survey has found. VW was the seventh most criticised firm…
Jan 12, 2016
Chinese conglomerate Dalian Wanda Group has bought U.S. film studio Legendary Entertainment for about $3.5 billion, turning its chairman into a Hollywood movie mogul as China's richest man steps up…

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