World economy
Diageo worried Scottish independence may give it a hangover
31 May 2014
Ivan Menezes, CEO, Diageo Plc, says that conflicts over currency and new tax arrangements after a possible Scottish independence could damage the Scotch whisky industry. By Jagdeep Worah
Drugs, sex add £10 bn a year to UK economy: official study
30 May 2014
Illegal drugs and prostitution have contributed £10 billion to the UK economy – more than many other business activities like house-building, official data shows
Russia, Belarus and Kazakhstan form Eurasian Economic Union
30 May 2014
The treaty guarantees free movement of goods, services, capital and labor among member states and policy coordination in key sectors, including energy, industry, agriculture and transportation
Pakistan PM Nawaz Sharif lands in Delhi for historic visit
26 May 2014
Modi and Sharif have set a precedent; it is the first time that an elected prime minister of Pakistan is attending the swearing-in of an Indian counterpart
Pak PM Nawaz Sharif accepts invite to attend Modi’s swearing-in
24 May 2014
Prime Minister Nawaz Sharif will become the first Pakistani premier to attend the swearing in of an Indian prime minister
Chinese mining tycoon sentenced to death for mafia-style operation
23 May 2014
Chinese mining tycoon Liu Han and four others, including his younger brother Liu Wei were sentenced to death after the court found all 35 members of the gangland guilty for criminal activities
Greek economic hardship leads to air pollution crisis
23 May 2014
A study from researchers in the US and Greece reveals an overlooked side effect of economic crisis — dangerous air quality caused by burning cheaper fuel for warmth
UK retail industry growth at highest since 2004
23 May 2014
Vietnam weighs legal action against China over disputed oil drilling
22 May 2014
Vietnamese Prime Minister Nguyen Tan Dung says his country is considering various "defence options" including legal action against China’s deployment of an oil rig in waters in the South China Sea
Russia, China sign 30-year gas deal
21 May 2014
Russia, China sign 30-year gas deal
21 May 2014
EU charges 3 of world’s biggest banks with rate rigging
21 May 2014
US and European regulators have so far handed down some $6 billion in fines to 10 banks and brokerages for rigging the Libor and its euro cousin Euribor
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