Business
Susan Rice to become Barack Obama’s national security adviser replacing Tom Donilon
Susan Rice, the US ambassador at the UN, is to become President Barack Obama's national security adviser, officials say. Susan Rice will replace Tom Donilon,...
Mega Potato: McDonald’s launches its highest calorie item ever in Japan
World’s largest fast food chain McDonald's has just released its highest calorie item ever in Japan: the Mega Potato. The Mega Potato is almost a...
Marjorie Margolies: Chelsea Clinton’s mother-in-law enters House race
Marjorie Margolies, Chelsea Clinton's mother-in-law, made it official Thursday and filed her papers to run for her old House seat in Pennsylvania in 2014. The...
Don Thompson: McDonald’s CEO claims he lost 20 lbs in a year despite eating from chain’s menu every day
McDonald’s CEO Don Thompson has claimed he lost 20 lbs in weight, despite eating from the chain’s menu every day. Don Thompson said he regularly...
Andorra to introduce income tax for first time to tackle evasion
Andorra has decided to introduce a tax on personal income for the first time as the country faces pressure from its European neighbors to...
Michael Dell’s buyout offer backed by Dell board
The board of Dell has recommended that shareholders should accept an offer led by the company’s founder Michael Dell to take the firm private. It...
US consumer spending falls 0.2% in April 2013
According to recent figures, the US consumer spending fell in April, for the first time in nearly a year. The Department of Commerce said consumer...
Marine Le Pen loses immunity and faces criminal charges for inciting racism
France's far right National Front leader Marine Le Pen is facing criminal charges for inciting racism. The French authorities opened a case against Marine Le...
Eurozone unemployment rate hits another record high in April 2013
According to official figures, eurozone unemployment rate has reached another record high in April 2013. The seasonally-adjusted rate for April 2013 was 12.2%, up from...
OECD revises eurozone growth forecasts
The OECD has revised its growth forecasts for the eurozone and called on the European Central Bank to consider doing more to boost growth. The...
EU member states allowed to slow their pace of austerity cuts
The European Commission has announced it will allow some EU member states to slow their pace of austerity cuts, amid concerns over growth. France, Spain,...
IMF cuts China’s economic growth forecast
IMF has cuts its economic growth forecast for China, with weakness in the global economy set to hit exports. The International Monetary Fund it now...
Australia ranked as world’s happiest country for third year running
Australia has been ranked as the world's happiest country among developed economies for the third year running. Australia won the top position, due to the...
“Ruby” Karima El-Mahroug says she lied in Silvio Berlusconi case
“Ruby” Karima El-Mahroug, the dancer alleged to have had paid s** as a minor with Italy's ex-Prime Minister Silvio Berlusconi told a court that...
Turkey bans late-night alcohol sales
The Turkish parliament has approved controversial legislation to ban the sale and advertising of alcohol. The Islamist-rooted ruling AK party says the law will protect...
Christine Lagarde questioned by French court in Bernard Tapie case
Christine Lagarde has arrived at a court in Paris for questioning over a payout to controversial tycoon Bernard Tapie during her time as finance...
Brussels Summit: EU leaders in drive against tax evasion
EU leaders at Brussels summit say they are committed to tackling tax evasion and will push for global action to curb banking secrecy. The president...
Venezuela’s toilet paper shortage ended after National Assembly backs import
Venezuela's National Assembly has backed the country’s plans to import 39 million rolls of toilet paper, in an effort to relieve a chronic shortage. Lawmakers...
US immigration bill passes Senate panel with 13-5
The immigration bill that would offer a chance of citizenship to millions living in the US illegally has taken a stride forward in Congress. A...
Jose Manuel Barroso urges full tax data exchange
The head of the European Commission has told the European Parliament he wants EU-wide exchange of income data as part of the fight against...
Apple among America’s big tax avoiders
Apple has been accused by US Senate of being "among America's largest tax avoiders". A Senate committee said Apple had used "a complex web of...
Yahoo buys Tumblr for $1.1 billion
Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1 billion, US media reports say. The acquisition is expected to...
Obama administration knew IRS was targeting conservative groups since June 2012
Obama administration knew since June 2012 about an investigation into complaints from conservative tea party groups that they were being harassed by IRS, and...
Zahra Shahid Hussain shot dead in Karachi
Senior Pakistani politician Zahra Shahid Hussain has been shot dead in the southern port city of Karachi. Zahra Shahid Hussain was the senior vice-president of...
Phil Robertson, Miss Kay and Uncle Si do commercials for Clayton Homes
Duck Commander Phil Robertson and his wife Miss Kay, the stars of Duck Dynasty, sliced some sweet potato pie and filled their audience in...
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