CNOOC's Acquisition of Nexen Gets Crucial US Approval
The US authorities give nod for the CNOOC-Nexen deal, following a long assessment.
Comcast to Buy Remaining Stake in NBCU from GE for $16.7 Billion
The deal pre-pones GE's planned exit from entertainment business by mid-2014.
Australia Consumer Confidence Surges 7.7% in February
Consumer confidence index rises to new high as lower interest rates start to boost economic optimism.
India's Industrial Output Contracts 0.6% in December
India's industrial activity is hurt by lower production of capital as well as consumer goods.
Sri Lanka Drops Fresh IMF Loan Over Spending Dispute
Sri Lanka has decided not to pursue new loan programme with IMF as it increased foreign reserves significantly.
Australian Business Confidence Improves in January but Remains Weak
Business conditions remain weak on adverse employment conditions, says NAB.
UK House Prices Continue to Fall in January Despite Increased Sales
But RICS says worst may be over for British property market and points to improved outlook.
FBI Probes EADS Unit Over Saudi Deal
EADS unit GPT Special Management Systems is accused of bribing Saudi officials between 2007 and 2010.
AMR and US Airways Delay Meeting to Discuss $11 Billion Merger
AMR and US Airways boards delay meeting to finalise a merger deal due to unresolved issues.
UK Business Optimism Hits 21-Year Low
BDO index falls to 88.9 in January from 90.3, indicating weak first quarter for economy.
India Slashes 2013 Growth Forecast to 5%
Indian economy suffers from large fiscal and current account deficits along with high inflation rates.
US Challenges India at WTO Over Alleged Protectionism of Solar Products
The US lodges complaint against India at the WTO over alleged discrimination to American solar products.
Australia Jobless Rate Steady at 5.4% in January Despite Jump in Part-Time Jobs
Australia jobless rate remains stable s a jump in part-time jobs more than offset a decline in full-time employment. .
ArcelorMittal Fourth-Quarter Losses Widen to $3.9bn on Weak Steel Demand
Fourth-quarter loss figures by European debt crisis and slowdown in Chinese growth.
UK Shop Price Inflation Fall to 38-month Low at 0.6% in January
Biggest drop in prices are seen in non-food items such as clothes and electrical.
Liberty Global to Buy Virgin Media for $16bn
Liberty Global eyes direct competition with Rupert Murdoch-controlled BSkyB in Europe.
UBS Swings to Big Loss in Fourth Quarter on $1.5 Billion Libor Fine
UBS reports 1.89bn Swiss franc loss, slashes bonus pool as bankers brace for 10,000 jobs cuts amid global restructuring
UK Retail Sales up 3% in January on Strong Food Sales
The UK's struggling high street records a strong start for 2013 with retail sales value rising 3 percent year-on-year.
Yum Brands Q4 Profit Declines 5% as Chicken Scare Hurts China Sales
Yum China is facing accusation that some of its suppliers are using excessive levels of antibiotics in chicken.
Australia Keeps Interest Rate Unchanged at 3% on Improved Global Economic Outlook
RBA leaves benchmark interest rate unchanged, following four cuts in the second half of 2012.
Swatch 2012 Profit Soars 26% on Production Expansion
Swatch Group posts 26% increase in net income due to higher sales and better margins.
Britain Spends £67.5 Billion at Sellafield to Clean Nuclear Waste
The Public Accounts Committee notes that government's enormous spending on nuclear waste is not yielding desired result.
China Non-Manufacturing PMI Edges up in January
China's ongoing economic recovery backed by services sector.
Michael Dell-Led Consortium Offers to Take Dell Private at More Than $24 Bn
Consortium includes Michael Dell, Silver Lake Partners and Microsoft.
Osborne: Taxpayers Not Responsible for Libor Fine on RBS by US
George Osborne insists possible fines imposed on RBS by US authorities should be met by the bankers, not taxpayers.
Japan Unemployment Rate Rises to 4.2% in December
Japan's unemployment level increases as the country seeks to escape recession.
Dragons' Den Star Peter Jones Buys Failed Jessops Brand
Financial details of deal which includes patents, trademarks and leftover stocks not revealed.
Chinese PMI Figures Send Mixed Signals on Manufacturing Activity
Economists widely in support of China's ongoing economic recovery despite decline in official January manufacturing PMI.
Dreamliner Cancellations in January Cause $15 Million Loss for All Nippon Airways
The airline has cancelled 459 flights in January due to the apparent battery issue.
UK Home Prices Rise in January as Buyers Get Cheaper Loans
January house prices improve 0.5 percent after flat reading in December
