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India raises price of diesel by over 12%

India raised the price of heavily subsidised diesel on Thursday in a politically risky move to cut the budget deficit and fight the threat of being the first Brics economy to be downgraded to junk.

14 2012 | Viewed: 558 | Foreign experience | Read full
Calling The Bluff On The Visa & MasterCard Antitrust Settlement

What would have been the largest class-action lawsuit in US history was set to go to trial this month.

14 2012 | Viewed: 688 | Foreign experience | Read full
U.S. expects to earn $15.1 billion from bailing out AIG: Treasury

The U.S. Treasury further reduced its stake in American International Group and said on Tuesday that the United States would now profit $15.1 billion from bailing out the insurer.

13 2012 | Viewed: 382 | Foreign experience | Read full
US Treasury launches $18bn AIG offering

Sale to reduce government stake to minority holding.

11 2012 | Viewed: 439 | Foreign experience | Read full
China approves Rmb1tn infrastructure spend

Rail and road projects included in $158bn schemes.

10 2012 | Viewed: 691 | Foreign experience | Read full
News Corp. Nominates Independent Directors

News Corp. nominated former Labor Secretary Elaine Chao and former Colombian president lvaro Uribe to join as directors amid other board changes.

7 2012 | Viewed: 681 | Foreign experience | Read full
In Japan, Retirees Go On Working

When he retired three years ago, Hirofumi Mishima got right back to work.

6 2012 | Viewed: 599 | Foreign experience | Read full
Euro banks face sweeping regulation

The European Central Bank would be given sweeping authority over all 6,000 eurozone banks under a plan being drawn up by the European Commission, putting Brussels on a collision course with Germany and the ECB itself, which have urged a more decentralised first step towards "banking union".

31 2012 | Viewed: 719 | Foreign experience | Read full
The Skype Killers of Belarus

Living in a dictatorship has its advantages.

30 2012 | Viewed: 756 | Foreign experience | Read full
First Chinese ship crosses Arctic Ocean amid record melt

(Reuters) - An icebreaker has become the first ship from China to cross the Arctic Ocean, underscoring Beijing's growing interest in a remote region where a record thaw caused by climate change may open new trade routes.

21 2012 | Viewed: 403 | Foreign experience | Read full
Usain Bolt's Tax Lesson

British law punishes the world's best athletes for their success.

17 2012 | Viewed: 903 | Foreign experience | Read full
Australian court deals blow to global tobacco giants

CANBERRA (Reuters) - Australia called on the world to match its tough new anti-tobacco marketing laws after its highest court on Wednesday dismissed a challenge from global cigarette companies, although few of Asia's emerging economies appeared likely to follow suit.

17 2012 | Viewed: 914 | Foreign experience | Read full
Tobacco Giants Fail to Stop Australia Plain-Pack Law

SYDNEY--Tobacco giants failed in their bid to overturn an Australian law forcing them to remove virtually all branding from cigarettes packets, giving a boost to other countries planning similar steps.

16 2012 | Viewed: 992 | Foreign experience | Read full
Ikea to build budget hotels across Europe

Swedish furniture retailer's latest push into property market.

15 2012 | Viewed: 744 | Foreign experience | Read full
Key Republicans accuse top Democrat of lying on Romney tax charge

WASHINGTON (Reuters) - The U.S. presidential campaign's war of words turned increasingly bitter on Sunday with two influential Republicans accusing the top Senate Democrat of lying when he said their party's presidential hopeful, Mitt Romney, had not paid income taxes for 10 years.

7 2012 | Viewed: 701 | Foreign experience | Read full
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