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Africa/International
Moody’s cuts outlook for Japan credit rating from stable to negative
Moody's Investors Service sounded the latest alarm on Japan's massive debt, cutting the outlook on the country's credit rating as it questioned the government's power to enact reforms.
The rating agency Tuesday changed its outlook for…
British man punished for exporting e-waste into Ghana
A British man found guilty of exporting e-waste into Ghana has been punished by the UK Environment Agency (EA).
He has been ordered to serve 280 hours of unpaid work and given a six months curfew order for not having the correct…
China to build new airport in Sudan
A state-owned Chinese company has signed a $1.2bn (£750m) contract to build a new airport in the Sudanese capital, Khartoum.
The new airport will have a runway long enough for the giant Airbus A380, says the China Communications…
Gulf shares fall on Mideast crisis
Stocks markets across the Gulf Arab states fell Sunday, with Dubai's largest exchange registering the steepest drop as unrest in the Mideast lapped at the shores of oil kingpin Saudi Arabia.
The Dubai Financial Market closed down 3.66…
G20 reaches agreement on indicators for inbalances
The G20 have reached a deal on indicators to detect economic imbalances, the French presidency said, after the meeting ended in Paris.
The world's leading economies agreed on a compromise after "frank, sometimes tense" negotiations, French…
Intel to set up $5b chip plant in Arizona by 2013
Intel Corp plans to build a $5 billion, cutting-edge microchip factory in Arizona by 2013, sharply ramping up its U.S. manufacturing capacity as part of a major global expansion.
Construction should kick off in the middle of this year, it…
Peruvian authorities shut down illegal gold miners in Amazon
Peru has sent the security forces to destroy river dredgers used by illegal gold miners in the country's south-eastern Amazon region of Madre de Dios.
Nearly 1,000 troops and police officers took part in the operation to destroy the…
Spending cuts bill threatens jobs – Geithner
Republicans' bill to slash federal spending this year would hurt efforts to spur growth and create jobs, Treasury Secretary Timothy Geithner said on Saturday.
He was asked at a press conference following a Group of 20 meeting for his…
Concern mounts over Libya violence
International concern is mounting about the violent crackdown on protests in Libya, amid reports that the number of demonstrators killed by Muammar Gaddafi's security forces was approaching 100.
Medical officials in Libya's second city…
Banks in Egypt re-open
Banks across Egypt have reopened after an almost weeklong closure triggered by massive strikes and protests in public sector financial institutions.
Egyptian lined up early Sunday morning, waiting for their first chance to conduct their…