Davos: World Economic Forum Index Shows Improved Global Confidence
North America marks most improvement in confidence followed by Europe and Asia.
City of London Financial Pay to Remain Flat in 2013
City Finance sector professionals are less hopeful of any remuneration hike in 2013 though the industry is worried over staff shortages.
Transcripts Show Fed Failed to Pick Up Warning Signs of 2007 Recession
The transcripts were released after a standard 5-year delay
Cathay Pacific Premium Cabin Sales Suffer as Banks Cut Jobs
Job cuts announced by major banks dampen demands for premium cabins in Cathay Pacific.
China Defends 'Surprise' December Export Data
China dismisses criticisms over its December export data citing actual customs declarations.
Jaguar Land Rover to Create 800 New Jobs in UK as Global Demand Surges
China remains to be the biggest market for Jaguar Land Rover with 80 percent sales growth in 2012.
Two Million UK Drivers Face £1,000 Fine for Out-of-Date Licence Photos
Millions of motorists may be driving with out-of-date photos on licences.
Spanish Industrial Output Contracts 7.2% in November
Spain's GDP shrinks 0.3 percent in the third quarter followed by a 0.4 percent contraction in the second quarter.
Tim Cook Sees China to Overtake US as Apple's Biggest Market Soon
Tim Cook meets China Mobile Chairman Xi Guohua to discuss "matters of cooperation".
Morgan Stanley to Axe 1,600 Jobs to Reduce Expenses
Morgan Stanley plans to cut some of the highly paid jobs in the level of managing directors and executive directors.
Foxconn Faces Bribery Probe by Chinese Authorities
Taiwanese iPhone manufacturer has spoken to agents for Samsung Electronics, Panasonic and Sony as part of probe.
City of London Finance Jobs Down 35% Amid Weak Economy
Hiring is expected to pick up in 2013 as eurozone crisis fears have reduced.
Banks Get More Time and Flexibility for Basel-III Compliance
The Basel Committee on Banking Supervision broadens guidelines on "liquidity coverage ratio" for full Basel-III compliance.
India Revives $2 Billion Tax Claim Against Vodafone
The notice follows failed negotiations with Vodafone officials, according to a report.
Germany Aims More Spending Cuts by 2014
Germany plans to implement more austerity measures that may affect social spending.
European Markets Open Lower on Fed Minutes Concerns
Minutes of the Federal Reserve's December policy meeting reflect members' concerns over continuation of the asset-purchasing programme.
Asian Shares Except Japan Down on Fed Minutes
Concerns over the future of Fed's asset purchase programme trigger fresh uncertainties in the financial markets.
Google's Eric Schmidt to Visit North Korea
Schmidt will be the first high-profile US executive to visit Pyongyang in recent times.
Starbucks Set to Open First Store in Vietnam to Boost Asia Expansion
Starbucks is on an aggressive expansion in the Asia-Pacific region to counter stagnant growth in the US.
ArcelorMittal to Sell $1.1 Billion Stake in Canada Mines Unit to Asian Consortium
The deal helps China Steel and Posco to secure long-term iron ore supply.
UK Economy May Face Sluggish 'Groundhog Year' in 2013
Britain's GDP growth targets unlikely to be achieved, says think-tank.
US Senate Approves 'Fiscal Cliff' Deal Hours After Deadline
The deal awaits approval of House of Representatives.
UK Takes Over Presidency of G8 Group
Major economic and political issues on agenda of G8 meeting in June in Northern Ireland.
UK Moving in 'Right Direction', Says David Cameron in New Year's Message
Prime Minister says Britons can look forward to 2013 with 'realism and optimism'.
Woman Arrested for Pushing Indian Man Under Subway Train
Erika Menendez accused of pushing Indian immigrant in front of oncoming train.
Wall Street Braces for Crucial Week as Fiscal Cliff Deadline Looms
Analysts fear panic if no deal is reached on debt ceiling and tax increases.
Delhi Gang Rape Victim Cremated Amid Tight Security
Girl's body, accompanied by family members, brought to Delhi by special Air India aircraft in early hours.
UK's First-Time Home Buyers at Highest Level for Five Years
Falling house prices and increased availability of finance drive 12 per cent annual rise in first-time buyers.
Delhi Gang Rape: Why Did Victim Die in Singapore?
When the Indian government flew the gang-rape victim to Singapore, was it acting in her best interests, or its own?
Delhi Gang Rape Victim Dies in Singapore Hospital
Girl dies in Singapore's Mount Elizabeth Hospital following multiple organ failure, 13 days after brutal attack.
