More From Geetha Pillai
European Markets Edge Lower on North Korea Caution
European indices open lower as investors prefer to remain on the sidelines .
Feb 12, 2013
Asian Markets Up in Holiday-Thinned Trade
Stock markets open positive in a holiday-thinned trade in Asia.
Feb 12, 2013
India to Allow Corporates to Open Banks Despite Concerns
India plans to open up banking sector to corporates for wider inclusion of people.
Feb 11, 2013
European Markets Open Lower on Lack of Economic Drivers
Markets subdued on lack of major economic drivers and public holiday in much of Asia.
Feb 11, 2013
China Beats US Dominance in Global Commerce with Higher Trade in Goods
China is one of the biggest bilateral trading partners for several countries in Asia and Africa.
Feb 11, 2013
Asian Markets Mostly Closed but Australian Stocks Trade Higher
Most of the Asian markets remain closed for Lunar New Year holidays.
Feb 11, 2013
Venezuela Devalues Currency by 32% Against US Dollar
Venezuela devalues its currency for the fifth time in a decade, boosting oil revenue and inflation.
Feb 09, 2013
Eric Schmidt to Sell Google Stake Worth $2.5 Billion
Eric Schmidt will be unwinding 3.2 million shares of Class A common stock.
Feb 09, 2013
Nissan Q3 Profits Fall 35% on Weak Sales in China and Other Markets
Nissan's third quarter sales slump more than 30 percent in China because of territorial disputes between the countries.
Feb 08, 2013
European Leaders Reach Historic Deal for First-Ever EU Budget Cuts [VIDEO]
UK Prime Minister David Cameron joins talks to trim seven-year spending plans to €960bn.
Feb 08, 2013
TUI First Quarter Loss Widens but Expects Annual Profit at Top End of Guidance
TUI Travel reports strong growth in holiday travel demands from the UK and Nordic countries.
Feb 07, 2013
Ireland Liquidates Failed Anglo Irish Bank ahead of ECB Deal
Irish government rushes through emergency legislation to liquidate bank.
Feb 07, 2013
Flybe and Ryanair Agree to Create New Irish Airline Flybe Ireland
Ryanair's bid for Aer Lingus is subject to approval by the European Commission.
Feb 06, 2013
Walt Disney Explores UK Exit for ESPN, First Quarter Profit Dips 6%
Disney plans to exit ESPN operation in the UK as it failed to retain key sports contracts.
Feb 06, 2013
UK Economy Set for Weak Growth in 2013 and at Risk of Prolonged Stagnation, Says NIESR
NIESR cites poor prospects for the eurozone and slower growth in domestic economy are reasons for the gloomy outlook.
Feb 05, 2013
Japan Airlines Raises Full-Year Profit Forecast Despite Dreamliner Worries
JAL expects robust travel demand in premium routes will help offset the losses due to 787 grounding.
Feb 04, 2013
Visa Sued by Australian Regulator Over Market Power Abuse
Visa is accused of preventing customers of using currency of their choice while making transactions in Australia.
Feb 04, 2013
Samsung Electronics Chairman Lee Kun- Hee Retains $4 Billion Fortune in Inheritance Case
Samsung's chairman faces accusations of hiding the family fortune from his siblings and other relatives.
Feb 01, 2013
Philippines Beats Growth Target with 6.8% Expansion in Q4
The Philippines posts better-than-expected annual growth helped by strong domestic demand and government spending.
Jan 31, 2013
BSkyB Half Yearly Profits Up 8% as Broadcaster Nets New Customers
BSkyB adds 88,000 net new customers in the three months through December.
Jan 31, 2013
Japan's Industrial Output Rises 2.5% in December
Semiconductor industry and transport component manufacturers are major growth drivers on back of weakening yen.
Jan 31, 2013
Toyota Recalls Over One Million Corollas and Lexus IS Sedans on Faulty Airbags, Wipers
In the UK, the fault affects only left-hand drive, non-European vehicles.
Jan 30, 2013
German Consumer Confidence Set to Rebound in February, Says GfK
German economy is expected to rebound in 2013 boosted by a stable labour market and modest inflation.
Jan 29, 2013
RBS to Pay £250m Bonuses to Investment Bank Staff [VIDEO]
Bank faces £500m fine to settle with US and UK regulators over Libor-rigging scandal.
Jan 29, 2013
UK Housing Market Optimism Stays On Despite Flat Sales in January
The UK housing market is expected to pick up in 2013 despite slow start, says Hometrack survey.
Jan 28, 2013
Olympic Fiasco Firm G4S Wins Tagging Contract from French Justice Ministry
G4S will be working alongside French consortium partners Thales and Onet for the project.
Jan 25, 2013
Arcelor Mittal's Plan to Axe 1,300 Belgian Jobs Triggers Strike Call by Unions
Arcelor Mittal cites low European demand for steel as the reason for the closure of Belgium facilities.
Jan 25, 2013
EasyJet First Quarter Revenue Up 9% on Higher Traffic
EasyJet expects to reduce its first-half loss to between £50m and £75m.
Jan 24, 2013
WH Smith Group Profit Improves Despite Sales Decline
WH Smith says margin growth and cost cutting help to underpin profits.
Jan 23, 2013
Global Unemployment Set to Hit Record High in 2013, Says ILO
Youth unemployment stands at 12.6% with 74 million people in the age group of 15 -24 remain unemployed.
Jan 22, 2013
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