"Ireland is on the verge of securing revenue from oil that could run into billions of pounds. " Source: BBC News - Ireland 'close to oil billions' …
Toyota to recall 7.4 million cars
"Toyota is voluntarily recalling more than seven million vehicles worldwide, including some Yaris, Corolla and Camry models, over faulty window switches. " Source: BBC News - Toyota to recall 7.4 …
Euro zone to launch bailout fund with Spain in focus
"Euro zone finance ministers will launch their 500 billion euro ($653.00 billion) permanent bailout fund on Monday, putting in place a major defense against the debt crisis that now threatens …
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First commercial cargo flight heading to International Space Station
"The SpaceX rocket, the first commercial flight to the International Space Station, lifted off Sunday night carrying an unmanned cargo capsule." Source: First commercial cargo flight heading to …
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Fiscal cliff threatens 277,000 federal jobs
"Federal workers have weathered a two-year pay freeze, increased health insurance premiums, and threats of more cuts from Republicans. Now their jobs are in jeopardy. Some 277,000 workers -- 14% of …
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Illegal strike hits Toyota in South Africa
"An illegal strike has halted production at Toyota Motor Corp's manufacturing plant in the South African city of Durban for the last three days, a company official said on Thursday. The plant produces …
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World economy will be in crisis for at least a decade, says IMF chief economist
"The world is not even halfway through the financial crisis and should brace itself for another six years of turmoil, according to a leading global watchdog. Olivier Blanchard, chief economist at the …
Some hidden pipelines running from Kazakhstan to Kyrgyzstan discovered
"Some hidden pipelines running from Kazakhstan to Kyrgyzstan discovered, Kyrtag reported on Tuesday with the reference to Civil Service for Combating Economic Crimes under the Kyrgyz Government. 'The …
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Debt crisis: Youth unemployment in Greece hit 55.4pc in August
"Youth unemployment in Greece hit 55.4pc in August. In Spain, the rate is now 52.9pc. Greece's draft budget predicts that the economy will contract by 3.8pc next year and unemployment will rise, as …
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What Key Shipping Index Signals About Global Economy
"The Baltic Dry Index, a favorite measure of traders looking to gauge shipping activity, has rebounded this week on hopes that central bank intervention in China and elsewhere will spur economic …
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