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Greece wins Standard and Poors approval

Ratings agency Standard and Poors has raised the credit rating on Greece's sovereign debt. Athens is now on "B-minus". Before it was rated in a default range. The agency has said the Greek ...

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50 per cent stake in Kitimat LNG project acquired by Chevron

SAN RAMON, California - Chevron Corp, a leading global integrated energy company, has acquired a 50% stake in Kitimat liquefied natural gas (LNG) project and proposed Pacific Trail Pipeline (PTP), ...

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Facebook under UK scanner over for suspected tax evasion

LONDON - Facebook has come under the scanner for allegedly channeling over $710 million into an offshore haven to avoid tax payments in the United Kingdom and other foreign markets. According to ...

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Revised lower offer made by LSE Group for LCH Clearnet stake

LONDON - The London Stock Exchange Group Plc (LSEG) Monday announced that it has provisionally agreed to make a revised offer for a majority stake in LCH.Clearnet Group Ltd. for 15 euros per share, ...

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Positive Asian forecast comes through from World Bank

The World Bank has predicted that China and the developing countries of East Asia will grow steadily in 2013. The Bank has said China's economy will grow by 8.4 percent, while Thailand, the ...

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$3bn order placed by India for Russian military hardware

NEW DELHI - India Monday signed a $3 billion order for Russian military hardware, including 42 Sukhoi SU-30 fighter jets and 71 Mi-17 military helicopters in a major boost to the longstanding defense...

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Publishing arm of News Corp suffered $2.1bn loss

WASHINGTON - Rupert Murdoch's News Corporation, which is in the process of splitting into two companies, has reported that its publishing wing has incurred a $2.1 billion (1.3 billion pounds) loss in...

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Boeing engineers use potatoes to improve in-flight Wi-Fi

CHICAGO: If the wireless internet connection during your holiday flight seems more reliable than it used to, you could have the humble potato to thank. While major airlines offer in-flight Wi-Fi on ...

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World watches as Mandela struggles in hospital

(FILES) A picture taken on March 26, 2008 shows former South African president and Nobel peace prize laureate Nelson Mandela at the Mandela foundation in Johannesburg.Nelson Mandela continues to ...

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Making the world a more dangerous place - the eager role of Julia Gillard

The Australian parliament building reeks of floor polish. The wooden floors shine so virtuously they reflect the cartoon-like portraits of prime ministers, bewigged judges and viceroys. Along the ...

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Find room for God in fast-paced world Pope

Holy See (Vatican City State) Pope Benedict, leading the world's Catholics into Christmas, has urged people to find room for God in their fast-paced lives.The 85-year-old pope, marking the ...

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Microsoft’s Craig Mundie shifts to role as Ballmer adviser on way to retirement

In recent weeks Mundie has been quietly shifted from his role as Microsoft’s chief research and strategy officer to a new role as "senior adviser" to CEO Steve Ballmer. He reportedly ...

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Potato industry questions inconsistent USDA policies

By JOHN O'CONNELLCapital PressPotato industry leaders say they question the validity of reasons USDA officials offer for inconsistent policies on whether spuds can be included in nutrition ...

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Google vs. Microsoft Santa-trackers out of sync

A woman monitors Santa Claus' progress on Christmas Eve from Washington. The Santa tracker shown on the left-hand screen was set up by Google, while the tracker on the right was set up by the ...

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‘Power companies’ll be required to list on NSE’

Nigerian power companies would most likely be required to list their shares on the floor of the Nigerian Stock Exchange within the next five ...

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Kremlin’s Syria Policy Hurts Russia’s Position in Arab World

In the days of the Soviet Union, Moscow was a major player in the Arab world. But in the last two years, the Kremlin has repeatedly backed the losing sides in the Arab Spring. In Syria, President ...

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SEBI moves to boost corporate bond market

screen-based trading system , two people familiar with the development said. Financial sector regulators - the Securities and Exchange Board of India, the Reserve Bank of India and the Insurance ...

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Video Last-minute holiday shopping is big business

Last-minute Christmas shoppers are taking it seriously this year, and it's a nationwide affair. This holiday season has seen the busiest shopping days of the year -- only Black Friday was ...

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Claysville consulting company links to the world

Business: Consulting company that provides a variety of information technology, project management, personnel recruiting services for 47 current ...

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Railway set to create network of world-class city clusters

A high-speed train for the Beijing-Guangzhou route is set for test operation in Beijing on Saturday. Opening of the line will not only benefit towns and cities along its route but also release huge ...

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