Category
World Economy
Quake's economic costs emerging
Asian governments and international agencies are reeling at the potential economic devastation left by the Asian tsunami and floods. World Bank presid…
Yukos unit fetches $9bn at auction
A little-known Russian company has bought the main production unit of oil giant Yukos at auction in Moscow. Baikal Finance Group outbid favourite Gazp…
Beijingers fume over parking fees
Choking traffic jams in Beijing are prompting officials to look at reorganising car parking charges. Car ownership has risen fast in recent years, and…
Iraq and Afghanistan in WTO talks
The World Trade Organisation (WTO) is to hold membership talks with both Iraq and Afghanistan. But Iran's bid to join the trade body has been refused …
China bans new tobacco factories
The world's biggest tobacco consumer, China, has said it will not allow any new tobacco factories to be built. China already has more than enough ciga…
Burren awarded Egyptian contracts
British energy firm Burren Energy has been awarded two potentially lucrative oil exploration contracts in Egypt. The company successfully bid for the …
Disaster claims 'less than $10bn'
Insurers have sought to calm fears that they face huge losses after an earthquake and giant waves killed at least 38,000 people in southern Asia. Muni…
Criminal probe on Citigroup deals
Traders at US banking giant Citigroup are facing a criminal investigation in Germany over a controversial bond deal. The deal saw the sale of 11bn eur…