April 15, 2013
China economic growth lower than forecast
China, the world's second-largest economy, has seen growth slow in the first three months of this year, latest figures show. The economy grew at an annual rate of 7.7% in the January to March quarter, down from 7.9% in the previous quarter. Most…
April 15, 2013
Adam Scott beats Angel Cabrera in play-off
Adam Scott clinched his maiden major title and became the first Australian winner of the Masters with victory against former champion Angel Cabrera in a sudden death play-off at Augusta. Scott, 32, holed a 15ft birdie putt in virtual darkness across…
April 14, 2013
Malawi’s president ‘furious’ after Madonna criticised
Malawi's President Joyce Banda was "incandescent with anger" over a statement labelling US singer Madonna a bully, the BBC has learnt. She was unaware of the harshly-critical statement that was issued by her office following Madonna's recent visit…
April 14, 2013
Portugal and Ireland to be given more bailout repayment time
Portugal and Ireland are to be granted an extra seven years to pay back their emergency bailout loans. The European Union and the IMF bailed out the Republic of Ireland in 2010 and Portugal in 2011. The 17-member group that uses the euro currency…
April 14, 2013
China Reports Bird Flu Infections in New Province
China has reported two cases of bird flu in a new province, west of the area where the disease has been centered. The state Xinhua news agency said that the two human cases were reported Sunday in central Henan province. Until Saturday, when…
April 14, 2013
Germany puts brakes on EU bank union
Germany said European banking union will require changes to EU law, in a call that could slow completion of the plan designed to underpin the euro currency. Speaking after a meeting of European Union finance ministers on Saturday, Germany Finance…
April 14, 2013
US retail sales see fall in March
US retail sales fell in March across all sectors, official figures have shown, suggesting that recent tax rises are starting to affect consumers. The US Commerce Department said consumers spent a total of $418bn, a fall of 0.4% on the previous…
April 14, 2013
JP Morgan makes record quarterly profit
JP Morgan has reported record first quarter profits of $6.5bn (£4.2bn) and says there are signs the US economy is "healthy and getting stronger". The bank said it had reported a strong performance across all businesses. Retail banking deposits…
April 14, 2013
IMF recognises Somalia government after 22-year break
The International Monetary Fund has recognised the government of Somalia after a break in relations of 22 years. The move could enable the IMF to provide technical support and policy advice to the impoverished country in the Horn of Africa. However,…
April 14, 2013
Kobe Bryant likely out 6-9 months
Los Angeles Lakers star Kobe Bryant had surgery on Saturday afternoon to repair the torn Achilles tendon in his left leg and is expected to need six to nine months to recover, the team announced. "When something like this happens, everybody wants to…