Business
Forbes World’s Billionaires 2013: Carlos Slim Helu tops rich list for fourth year
Mexican tycoon Carlos Slim Helu has topped Forbes magazine's list of the world's richest billionaires for a fourth year. Forbes magazine estimates that Carlos Slim...
Vaclav Klaus faces impeachment over treason charge
Czech lawmakers have narrowly voted to charge country’s outgoing President Vaclav Klaus with high treason. The upper house voted to refer Vaclav Klaus to the...
Kenya votes in first election under new constitution
Kenya is voting in an election that observers describe as the most important in the country's history. It is the first time a vote has...
Park Geun-hye warns over South Korea’s political deadlock
Newly elected South Korean President Park Geun-hye has warned that the country is facing "unprecedented" political deadlock which is hampering economic progress. Park Geun-hye was...
Switzerland referendum backs curbs on executive pay
Swiss voters have backed proposals to impose some of the world's strictest controls on executive pay, final referendum results show. Nearly 68% of the voters...
Mitt Romney first interview since losing US election with Fox News Sunday
Mitt Romney revealed today during his first interview since he lost US presidency that he believed in his heart he was going to win...
Marissa Mayer imposed Yahoo! ban on working from home after spying on employee log-ins
Yahoo! CEO Marissa Mayer reportedly made the decision to ban telecommuting at the company after checking up on how many times remote workers were...
Barack Obama signs sequester deal into effect
President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy. The cuts -...
US faces $85 billion budget cuts deadline
US political leaders are meeting for last-ditch talks at the White House, amid the prospect of steep budget cuts. Cuts worth $85 billion, originally passed...
Andrew Mason, Groupon founder and CEO, fired as shares dive
Andrew Mason, founder and chief executive of Groupon, has been ousted after the online voucher firm posted another quarterly loss, prompting a 24% slide...
Eurozone unemployment rate hits record 11.9% in January 2013
Eurozone unemployment rate rose to a new record high in January, official figures show. The jobless rate in the 17 countries that use the euro...
Bankia reports record 19.2 billion euros loss for 2012
Spain's troubled Bankia - formed of the merger of seven floundering savings banks - has reported a record loss of 19.2 billion euros ($25.2...
Haruhiko Kuroda nominated as next governor of Bank of Japan
Haruhiko Kuroda has been nominated by Japan's government to be the next governor of the country's central bank. Haruhiko Kuroda is currently the head of...
EU officials agree on capping bankers bonuses
European Union officials have struck a provisional deal on new financial rules, including capping bank bonuses. Under the agreement, bank bonuses will be capped at...
Beppe Grillo rules out coalition with Pier Luigi Bersani
Italian comedian-turned-politician Beppe Grillo, whose Five-Star Movement (M5S) defied expectations to come third in last weekend's elections, has ruled out a coalition with Pier...
Budweiser fans file $5 million lawsuit against Anheuser-Busch over watering down its beer
Beer drinkers in the US have filed a $5 million lawsuit accusing Anheuser-Busch of watering down its beer. The lawsuits, filed in Pennsylvania, California and...
EU ministers agree to end the controversial practice of dumping unwanted fish
European Union fisheries ministers have agreed to phase out the controversial practice of dumping unwanted fish. After a tense all-night meeting, ministers said a ban...
Chuck Hagel confirmed as new US Defense Secretary
Former Senator Chuck Hagel has been confirmed by the US Senate as the new Pentagon chief, after four Republicans joined Democrats to approve his...
Italy deadlock creates confusion in Europe
European markets and politicians have reacted anxiously after Italy's general election produced a stalemate between centre-right and centre-left blocs. France and Germany urged continued reform,...
Markets affected by Italian election deadlock
European markets have opened lower, with the inconclusive election result in Italy raising fears that political deadlock will delay economic reforms. Italy's FTSE MIB index...
Italy election results: Split vote leads to stalemate
Italy's parliamentary elections have ended in stalemate and the possibility of a hung parliament. With all domestic votes counted, Pier Luigi Bersani's centre-left bloc has...
Pier Luigi Bersani’s centre-left ahead in early exit polls
Early exit polls from Italy's general election show a lead for the centre-left bloc led by Pier Luigi Bersani. The polls suggest Pier Luigi Bersani's...
Park Geun-hye, the first woman to lead South Korea, sworn in as president
Park Geun-hye was sworn in as South Korea's president promising a tough stance on national security and an era of economic revival. Park Geun-hye, who...
Raul Castro to step down as Cuba’s president in 2018
Cuba’s President Raul Castro has announced he will stand down at the end of his second term in 2018, following his re-election by the...
Nicos Anastasiades wins Cyprus presidential election with 57.5%
Nicos Anastasiades has won the Cypriot presidential election with 57.5% of the vote. It was a comfortable victory of the centre-right leader over Communist-backed Stavros...
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