International

Saturday, February 14th 2009 - 20:00 UTC
Lloyds Banking Group pre-tax losses stun UK markets

Shares in UK's Lloyds Banking Group, the company formed after its merger with HBOS, have tumbled after it said HBOS losses would be worse than expected.
Saturday, February 14th 2009 - 20:00 UTC
KBR-Halliburton reaches agreement in overseas bribery case

Kellog, Brown & Root, KBR, the engineering, construction, and services company, and its former parent, Halliburton, have agreed to pay a combined 579 million US dollars to settle US criminal and civil allegations that KBR bribed Nigerian government officials to obtain contracts.
Saturday, February 14th 2009 - 20:00 UTC
G7 pledge to work together and warn against protectionism

The Group of Seven industrialized nations meeting in Italy are pledging to work together to revive the global economy, while warning against protectionist measures.
Friday, February 13th 2009 - 20:00 UTC
Euro zone industrial production plunges 12% in December

European industrial production dropped the most on record in December, pointing to a deepening economic slump in the fourth quarter. Output in the Euro region fell 12% from the year- earlier month after an 8.4% decline in November, the European Union's statistics office in Luxembourg said on Thursday
Thursday, February 12th 2009 - 20:00 UTC
PM Brown questioned over links with contested bankers

British Prime Minister Gordon Brown is under pressure over his links with former HBOS chief Sir James Crosby, who quit earlier as deputy head of the Financial Services Authority.
Thursday, February 12th 2009 - 20:00 UTC
FAO predicts fall in global cereal crop and hunger threat

Bad weather, violent conflict and volatile market prices could force a drop off in the global production of cereal crops this year, the United Nations Food and Agricultural Organization (FAO) predicted Thursday after already warning that some one billion people worldwide are going hungry.
Thursday, February 12th 2009 - 20:00 UTC
China doubles stake in debt-pressed miner giant Rio Tinto

Anglo-Australian miner Rio Tinto has announced that China's state-owned Chinalco is to invest a further 19.5 billion US dollars in the business. The move - China's largest investment in a foreign company - could see Chinalco increase its stake in Rio to 18% from the current level of 9%.
Thursday, February 12th 2009 - 20:00 UTC
UK expects “positive role” from CFK at London's G20 summit

Argentine diplomacy is working on plans for President Cristina Fernandez de Kirchner to address the Falkland Islands sovereignty claim when she travels to London at the beginning of April, for the G-20 summit on the global financial crisis hosted by PM Gordon Brown.
Thursday, February 12th 2009 - 20:00 UTC
UK oil industry warns of low prices effect on production

Industry group Oil & Gas UK said the combination of low oil prices and the freezing of capital markets will have a marked effect on exploration and development activity in the UK over the next 12-18 months.
Wednesday, February 11th 2009 - 20:00 UTC
China Latinamerica drive signs accords with Argentina

Chinese Vice-Premier Hui Liangvu, currently visiting Argentina signed accords to boost cooperation in agriculture, mining and bilateral trade though Argentina's Banco de la Nacion and the China Development Bank.