Belgium has interrupted the use of one of its seven nuclear reactors, after suspicion was raised that one of its components might be cracked, according to the local atomic regulator. The Doel 3 reacto...
A slowdown in industrial output and retail sales has seen China’s economy stumble in the second half of 2012, alarming investors who had hoped the world’s second largest economy would be immune to...
After agreeing a deal between Sudan and South Sudan that aims to open up the oil production of the two countries, the US is hoping that China and Middle Eastern states will help invest up to $3bn to g...
With the financial crisis engulfing the Greek economy, the leaders of the country’s state owned financial institutions might be expected to show solidarity with struggling citizens by keeping their ...
The World Bank is about to resume lending to Burma for the first time since 1987. Together with its investment branch the International Finance Corporation and the Asian Development Bank, the World Ba...
As Facebook shares dropped around four percent to a record low on Thursday, Mark Zuckerberg’s fortune took a $423m hit. The 28-year-old is now worth only about $10.2bn, over $400m behind James Goodn...
A sharp rise in grain prices is reverberating around the world as nations face food inflation. There has been a 30-50 percent gain in the benchmark price of corn, wheat and soyabeans, are echoing the ...
Taiwan’s economy has contracted in the second quarter by 0.16 percent, according to official data. Analysts surveyed by Bloomberg had expected it to grow by as much as 0.5 percent. “With deteriora...
Lending by German banks to weaker parts of the eurozone has dropped to nearly 20 percent since the beginning of the year and is currently at its lowest level since 2005, according to central bank data...
Spain’s unemployment rate has risen once again to 24.6 percent in the three months to June, despite a small decline at the beginning of the summer attributed to temporary positions linked to the hol...