Business
US shutdown: Congress approves debt deal
The US government is to reopen after Congress has passed a bill to raise the federal debt limit, with hours to spare before the...
US shutdown: Senate reaches debt deal
Democrat and Republican leaders of the Senate have struck a cross-party deal to end a partial government shutdown and raise the US debt limit. Their...
London Whale: JP Morgan fined $100 million
JP Morgan will pay $100 million to settle with the US Commodities Futures Trading Commission over losses stemming from its "London Whale" trading debacle...
US shutdown: Democrats reject House Republicans proposal to reopen government
Democrats have rejected a proposal from House of Representatives Republicans to extend the debt limit and reopen the federal government. The White House criticized what...
Hans Riegel dead: Haribo boss dies of heart failure aged 90
Hans Riegel, the boss of German gummi bear maker Haribo, has died of heart failure at the age of 90. Hans Riegel, the son of...
White House postpones bipartisan debt meeting
The White House has potsponed a meeting with Democrats and Republicans congressional leaders as lawmakers continue talks on raising the nation's debt limit. The talks...
Avon France to be closed by end of October
Cosmetics giant Avon Products has decided to close its French operations by the end of the month. Avon office in Paris says only current orders...
China: Food prices fuel inflation in September 2013
China’s consumer prices rose more than forecast in September 2013, fuelled mainly by a surge in food prices. Prices rose 3.1% during September, from a...
US debt crisis: World Bank urges US policymakers to reach debt ceiling deal before deadline
World Bank’s President Jim Yong Kim has warned that the US is just "days away from a very dangerous moment" because of the government's...
US shutdown negotiations shifted to Senate
The US shutdown negotiations have been shifted to the Senate. The Democratic and Republican leaders in the Senate held direct talks for the first time...
US shutdown: Barack Obama willing to sign short-term debt rise
President Barack Obama has announced he is willing to sign a "clean" short-term increase to the US borrowing limit that is free from Republican...
Asian markets rise on hopes the US will reach debt ceiling deal
Asian markets have risen on hopes the US will reach a deal on raising its debt ceiling, tracking overnight gains on Wall Street. This was...
House of Representatives Republicans meet Barack Obama amid looming debt crisis
Republicans in the House of Representatives have met President Barack Obama amid renewed efforts to avert a looming debt crisis. Both sides described the 90-minute...
Wilfried Martens dies aged 77
Former Belgian Prime Minister Wilfried Martens has died aged 77. Wilfried Martens served nine times as prime minister of Belgium and later led the European...
Barack Obama accuses Republicans of using extortion on debt limit
President Barack Obama has announced he is willing to hold budget talks with Republicans, but not until they agree to lift "threats" against the...
Janet Yellen to be nominated as head of Federal Reserve
According to a White House official, President Barack Obama will nominate Federal Reserve Vice-Chair Janet Yellen to be the next head of the US...
Alcatel-Lucent to cut 10,000 jobs worldwide
Alcatel-Lucent plans to cut 10,000 jobs in a bid to reduce costs. The cuts represent 14% of its 72,000 workforce and 900 of those job...
IMF cuts global economic growth forecast
The IMF has cut its forecast for global economic growth at the same time as lifting its UK growth projection. The International Monetary Fund now...
US shutdown: China warns US to agree debt deal
Chinese Vice Finance Minister Zhu Guangyao has warned that the "clock is ticking" to avoid a US default that could hurt China's interests and...
Nicolas Sarkozy’s Bettencourt affair charges dropped
The criminal investigation into Nicolas Sarkozy for allegedly soliciting secret campaign financing from L'Oreal heiress Liliane Bettencourt has been dropped, French media say. France’s former...
Airbus announces its first deal with Japan Airlines
Airbus has announced its first deal with Japanese carrier Japan Airlines (JAL). The aircraft manufacturing giant has won an order from JAL for 31 of...
How US shutdown is affecting business
Business is starting to suffer from the US shutdown, Commerce Secretary Penny Pritzker has warned. Penny Pritzker’s comments at the Asia-Pacific Economic Cooperation (APEC) came...
Cristina Fernandez de Kirchner diagnosed with subdural hematoma
Cristina Fernandez de Kirchner has been ordered to take a month off work after bleeding was found on her brain. The 60-year-old Argentine president was...
John Kerry: Prolonged shutdown could affect US internationally
John Kerry has warned that any prolonged shutdown of the government could affect the US internationally. Speaking at the APEC forum in Indonesia, the US...
US shutdown postpones EU free trade pact negotiations
US and EU negotiations on a sweeping free trade pact have been postponed because of a partial government shutdown in America. US officials had been...
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