(Reuters) - President Barack Obama on Monday called for Congress to extend by a year Bush-era tax cuts for people earning less than $250,000 annually and said letting tax rates rise for higher earners would not hurt small businesses.
LONDON (Reuters) - A battle over a $1 billion stake in RUSAL, the world's top aluminum producer, comes to London next week, as two billionaire magnates go head-to-head in one of the largest ever commercial disputes to be fought in a British court.
LONDON/HONG KONG (Reuters) - China's huge fleet of coastal ships, usually confined to plying the Chinese seaboard, has sailed out of the shadows to seek international business in yet another sign that China's economy is slowing.
India to give free generic drugs to hundreds of millions
MUMBAI (Reuters) - India has put in place a $5.4 billion policy to provide free medicine to its people, a decision that could change the lives of hundreds of millions, but a ban on branded drugs stands to cut Big Pharma out of the windfall.
Kazakhstan's Halyk to complete state share buyback
(Reuters) - Halyk Bank , Kazakhstan's second-largest lender by assets, said it intended to buy back its remaining state-held shares on Thursday, in a sign of recovering health after the financial crisis.
LONDON (Reuters) - Barclays chief executive Bob Diamond quit on Tuesday under fire from politicians and regulators as the bank defended its actions in an interest rate-rigging scandal involving a dozen banks and which threatens to drag in government and the Bank of England.