UK court rules in favour of 104 bankers in bonus dispute
A High Court judge has ruled that over 100 ex-London employees of Dresdner Kleinwort, now owned by Germany's second...
Japanese car maker Toyota sees solid recovery in Q4
Car maker Toyota Monday said its January-March profit more than quadrupled to $1.5-billion, signalling a solid...
Gold becomes Peru's No.1 export
Peru's gold sales totaled $2.57 billion in the first quarter of this year, making the commodity the country's top export, authorities said.
Government hopes to make estimated $15.1bn profit through AIG stake sale
US Taxpayers could make a profit of up to $15.1 billion on the massive emergency assistance given to insurer American...
UK exploration firm strikes it rich again
UK's exploration firm Tullow Oil has struck more oil in Kenya, where it made the country's first discovery in March,...
Government to offload $5bn stock in AIG
Expectation of demand dip sees oil prices fall below $98 a barrel
Continuing a downward movement, crude oil prices dipped below $98 a barrel Monday as election results in Europe and...
Sex toy sale booms as recession-hit couples look for indoor entertainment
Sales of sex toys has hiked following the recession as more and more couples opt for indoor fun with three-quarters of women in Britain now owning one, according to analysis by an online sex shop.
Striving for Income Equality
Based on reports by the OECD, income gap (or income inequality/wealth gap) is widening among countries across the world. Statistics indicate that the income difference between the top 20% against the bottom 20% of the income holders ranges from five...
India to cut subsidies to 1.75 percent of GDP in 3 years: Mukherjee
The Indian government is committed to bringing down subsidies to below two percent of the country's gross domestic product (GDP) in the current fiscal and cut it further to 1.75 percent in the next three years, Finance Minister Pranab Mukherjee said...
