IMF Head Upbeat After Spring Meetings
The head of the International Monetary Fund is upbeat as spring finance meetings in Washington come to a close, with more money for the lending agency to help struggling governments, especially in Europe.
IMF receives more money for economic bailout
China's mobile phone users exceed 1 bln
Chinese citizens are increasingly relying on mobile phones as a primary method of communication, according to data released by the Ministry of Industry and Information Technology on Friday.
Microsoft profits more than expected
Developing nations seek more voting rights at IMF for giving cash
YouTube could face huge royalty bill after losing music clip copyright battle in Germany
Video-sharing site YouTube could be forced to pay a huge royalties bill after a German court ruled that the website must take down copyrighted music clips.
Vodafone Threatens India With Arbitration Over Tax Issue
The British mobile service Vodafone has threatened the Indian government with international arbitration over a proposal that could make it liable for billions of dollars of taxes. Pressure is mounting on India to reconsider the proposal, which foreign...
68 per cent drop in BoA net income in Q1
Bank of America Corporation Thursday reported net income of $653 million for the first quarter of 2012, a drop of 68...
Firewalls cannot resolve issues facing some European countries, warns IMF
The International Monetary Fund Wednesday warned that risk of another acute crisis in Europe remains a possibility,...
Repsol demands $10.5bn compensation from Argentina
Spain Tuesday threatened to take swift economic retaliation against Argentina after it announced plans to take...
