Archive for December 2012
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Cuba's drive to slash state payrolls and spur private-sector growth picked up surprising steam in 2012 as President Raul Castro moved ahead with reforms to the Soviet-style economy, according to figures unveiled recently with little
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Taiwan's high court said Thursday it has cleared venture capital mogul Wen Ko of insider trading, reversing the ruling of a lower court which had ordered him jailed. Ko, chairman of WK Technology Fund, had
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Taiwan's high court said Thursday it has cleared venture capital mogul Wen Ko of insider trading, reversing the ruling of a lower court which had ordered him jailed. Ko, chairman of WK Technology Fund, had
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European prompt power prices fell on Friday and are expected to turn negative in the coming days due to a spike in wind power production at a time of low demand linked to mild temperatures,
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India is on track to approve a bid by Swedish furniture giant IKEA to open its trademark blue-and-yellow stores in the country as it seeks big new markets for its flat-pack products, a minister said.
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Chilean manufacturing output grew a weaker-than-expected 0.8 percent in November from a year earlier, dampened by sluggish external demand and fewer working days, the state statistics agency said on Friday. Despite the disappointing factory data,
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Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third-largest economy from decades of deflation and its fourth
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Peter Schreyer, known for his design contributions to the iconic Audi TT, became the first foreign president of Kia Motors Corp as the South Korean carmaker enters the next phase of its branding transformation. Schreyer,
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Indonesia's Supreme Court ordered a major palm oil company to pay more than $390 million to the state for tax evasion, a judge said on Friday, in a case likely to set a precedent in
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Officials hailed some rare good news for France's struggling economy on Friday after an ailing shipyard landed a billion-euro contract to build a luxury liner for a US cruise company. The deal comes as a
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