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Survey finds Japan business confidence improves

Big manufacturers have more confidence in Japan's economy but remain pessimistic overall, a closely watched quarterly survey by the country's central bank showed Monday. The "tankan" confidence index was...
Tokyo, 02.07.2012 more...
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AB InBev to buy remaining Grupo Modelo stake

Belgian beer company Anheuser-Busch confirmed Friday it is acquiring the remaining stake in Mexican brewer Grupo Modelo for $9.15 a share in a deal worth $20.1bn. In a joint press statement, the companies...
Brussels, 29.06.2012 more...
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Argentina withdraws ambassador from Paraguay: Mercosur decides next week

Argentina is withdrawing its ambassador to Paraguay because of the rapid impeachment of former Paraguayan President Fernando Lugo, the Foreign Ministry said in a statement. Rafael Edgardo Roma will...
Buenos Aires, 24.06.2012 more...
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Remarks by Treasury Secretary Timothy Geithner, Mexico, June 19, 2012

SECRETARY GEITHNER: We're encouraged by what we've heard from the European leaders today and by the broad focus around the world we're seeing to the need to strengthen economic growth. The leaders of...
Mexico, 20.06.2012 more...
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China Sends First Female Astronaut To Space

China sent its first woman into space on Saturday after training to be an astronaut for the past two years. The U.S. might have abandoned the space race, considering it a waste of money in a country running...
Beijing, 19.06.2012 more...
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Iran, major powers start nuclear talks in Moscow

Negotiators from Iran and the 5+1 group (the United States, Russia, China, France, and Britain, and Germany) began nuclear talks in Moscow on Monday. The talks in Moscow are in continuation of...
Moscow, 18.06.2012 more...
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Oil price could fall to $50, Credit Suisse predicts

A major Swiss bank says the European debt crisis has the potential to push the price of oil down to $50 US per barrel. In a research note Wednesday, Credit Suisse says its "worst case scenario" for the...
World, 18.06.2012 more...
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UK Banks to Get £100bn Credit Boost to Fight Eurozone Crisis

The £100bn boost to the banking system is aimed at supporting the financial institutions against a possible eurozone collapse. The Bank of England will start pumping up to £100bn of cheap credit...
London, 15.06.2012 more...
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Rio+20: why Brazil is a country of contradictions

The host of this year's conference is no stranger to the ongoing debates and tensions of sustainable development Despite Brazil's emergence as a global economic power, its massive environmental resources and...
Brazil, 14.06.2012 more...
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Czech Recession Deepens in First Quarter on Domestic Demand

The Czech economy contracted for a third quarter in the first three months of the year as falling domestic demand outweighed rising exports. Gross domestic product shrank 0.8 percent from the previous...
Prague, 09.06.2012 more...
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