World economy

Moody’s strips UK of 'AAA' sovereign rating

Moody’s strips UK of 'AAA' sovereign rating

23 Feb 2013

The UK suffered its first ever sovereign ratings downgrade from a major agency yesterday when it was stripped of its coveted top-notch triple-A rating, by global ratings agency Moody’s

Eurozone economy to shrink 0.3-per cent in 2013

Eurozone economy to shrink 0.3-per cent in 2013

23 Feb 2013

The EU said yesterday the economic downturn in the eurozone will continue for one more year in the wake of continuing debt crisis in the region, lack of credit growth and rising unemployment

UK manufacturing activity picked up in February

22 Feb 2013

Russia lost $49 bn in illegal transfers: Bank of Russia

21 Feb 2013

EU negotiations on bankers’ bonus stall

20 Feb 2013

Tax avoidance costs UK treasury £5 billion a year: Labour MP

19 Feb 2013

French dairy major Danone to eliminate 900 jobs in recession-hit Europe

19 Feb 2013

UK outlook downbeat amid falling footfalls in high street

19 Feb 2013

Only a third of Britons want to stay in EU: Poll

18 Feb 2013

Osborne calls for addressing ‘profit shifting’ by multinational companies

18 Feb 2013

Yen down after G20 meet

18 Feb 2013

G20 steers clear of 'currency war' talks; budget woes persist

G20 steers clear of 'currency war' talks; budget woes persist

16 Feb 2013

The Group of 20 nations meeting in Moscow today agreed to defuse all talks of “currency wars” and instead target debt reductions in order to save the global economy from its current fragile state

Meteor showers in Russia injure 1,200

Meteor showers in Russia injure 1,200

16 Feb 2013

According to Russia’s national space agency Ruscosmos, the object that caused the damage had been a single meteorite moving at a speed of 30 km per second, which burned up as it approached the earth and disintegrated into smaller pieces

Eurozone economy slides deeper into recession

15 Feb 2013

UK workers earning same as 10 years ago: report

14 Feb 2013

EU, US to pursue talks for transatlantic free-trade deal

14 Feb 2013

Former Maldivian president Nasheed seeks refuge in Indian mission

13 Feb 2013

Obama proposes fund to help US move away from petroleum-powered vehicle

13 Feb 2013

UK borrowing to reach £112.5 billion in 2014: UK trade body

13 Feb 2013

UK business confidence at lowest level in 21 years

12 Feb 2013

EU approves French government loan guarantees for Peugeot

EU approves French government loan guarantees for Peugeot

12 Feb 2013

The European Union has given its temporary approval for French government’s €1.2-billion loan guarantees ($1.6 billion) for auto giant PSA Peugeot Citroën’s struggling financial arm, Banque PSA Finance

French government to hold talks with meat industry over horsemeat scandal

11 Feb 2013

Bullish on US recovery this year: Mukesh Ambani

Bullish on US recovery this year: Mukesh Ambani

11 Feb 2013

We will see the beginning of a recovery, particularly in the US, says Mukesh Ambani, chairman, Reliance Industries, in an interview with Fareed Zakaria

US energy initiatives will aid global recovery: Mukesh Ambani

US energy initiatives will aid global recovery: Mukesh Ambani

11 Feb 2013

RIL chairman Mukesh Ambani is bullish on both India and the US, saying that the US will lead global economic recovery due to a fundamental transformation of the energy scene

China to cap energy use marginally above current levels

09 Feb 2013

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