Economy

Tuesday, October 23rd 2012 - 03:20 UTC
Latin American investment in China

By R. Viswanathan (*) - During the sixth China - Latin America Business summit in Hangzhou in October 17-18, the Inter American Development Bank (BID) brought out a report on Latin American investment in China.
Tuesday, October 23rd 2012 - 03:15 UTC
“How to Look Expensive”, the international beauty bible that suits body and budget

By Teresita D'Alessandro* - Reading “How to Look Expensive,” the new book written by Glamour Magazine’s Contributing Beauty Editor, Andrea Pomerantz Lustig, makes you feel like you found the pot of gold at the end of a fashionable rainbow!
Tuesday, October 23rd 2012 - 01:37 UTC
US oil company team visit Falklands to assess industry’s infrastructure support

US based Noble Energy and farm-in partners with Falkland Islands Oil and Gas (FOGL) visited the Falklands to meet with their partners and the Falklands government and to assess in-situ the oil related infrastructure.
Tuesday, October 23rd 2012 - 00:49 UTC
Brazil central bank takes over mid-size bank; seventh bail-out since 2010

Brazil’s central bank took control of Banco BVA SA (BVA), the seventh lender seized or bailed out by regulators since 2010, after finding violations of industry standards and deteriorating finances.
Tuesday, October 23rd 2012 - 00:40 UTC
German luxury car maker BMW joins Brazil automobile industry

German carmaker BMW plans to build a factory in southern Brazil, a more than 200 million Euros investment expected to create 1,000 jobs. The luxury car giant hopes to start building the plant in April next year and producing cars in late 2014.
Monday, October 22nd 2012 - 19:51 UTC
Bolivia sells 500m dollars bond with 4.875% yield; first time in ninety years

Bolivia returned on Monday to global credit markets for the first time in almost a century with the launch of 500 million worth of 10-year bonds, reflecting investors' confidence.
Monday, October 22nd 2012 - 19:45 UTC
A fifth of Spaniards living below the poverty shows latest stats

Every fifth resident lives in poverty in Spain, new figures showed on Monday.
The national statistics institute INE said 21.1% of the 47-million population lives below the poverty line, meaning they live on less than 7,355 Euros (9,610 dollars) annually.
Monday, October 22nd 2012 - 18:46 UTC
WTO upholds ruling favouring the US in steel products dispute with China

The World Trade Organisation (WTO) has upheld its decision that China's tariffs on imports of certain US steel products were illegal. Beijing had imposed duties on a particular kind of US steel, alleging that its makers were being given subsidies by the US government.
Monday, October 22nd 2012 - 04:02 UTC
Brazilian newspapers abandon Google News on dispute over payment and traffic

Newspapers accounting for 90% of the circulation in Brazil have abandoned Google News. Brazil's National Association of Newspapers says all 154 members had followed its recommendation to ban the search engine aggregator from using their content
Sunday, October 21st 2012 - 06:19 UTC
Massive protest in central London against public spending cuts and higher taxes

Thousands of British protesters marched through central London on Saturday against public spending cuts and tax rises enacted by a government fighting accusations it is run by an upper-class elite that ignores the plight of recession-hit voters.