December 20, 2013
BAE shares fall on setbacks over Middle East fighter jet sales
Shares in BAE Systems fell 4.5% after the UK's biggest manufacturer suffered setbacks over fighter jet sales in the Middle East. News that a deal to sell 60 Eurofighter Typhoon jets to the United Arab Emirates had collapsed were compounded by fears…
December 20, 2013
Rupert Murdoch’s media company NewsCorp has bought Irish “social for $25 million (£15.3m).
Rupert Murdoch's media company NewsCorp has bought Storyful, an Irish "social media news agency". The Dublin-based firm has been acquired for $25 million (£15.3m). Storyful specialises in licensing and distributing social media content to major…
December 12, 2013
Barcelona FC signs deal with Intel for shirt logos
Spanish football giant Barcelona has signed a deal with Intel to allow the chipmaker's logo to appear on the inside of players' shirts. The Intel logo would be revealed when players lift their shirts to celebrate scoring a goal, Barcelona officials…
December 12, 2013
Canadian-based company to invest US$238 million in Guyana’s mining sector
The Canada-based Guyana Goldfields says it is investing US$238 million in the Aurora Gold Project as the government said it was looking forward to large scale gold production by the company during the first quarter of 2015. Prime Minister Samuel…
December 12, 2013
Mexico’s Congress approves measure to open oil resources
Mexico's Congress has approved a measure to open the state-run oil fields to foreign investment for the first time in 75 years, following a vote by the Senate earlier this week. The programme would let private firms explore and extract oil and gas…
December 12, 2013
Japan’s Cabinet Approves $53 Billion Stimulus
Japan's Cabinet has approved a $53 billion stimulus package to help offset the effects of an upcoming national sales tax hike. The stimulus spending measure passed Thursday is part of a supplementary budget for Japan's current fiscal year. The…
December 12, 2013
Iceland jails former Kaupthing bank bosses
Four former bosses from the Icelandic bank Kaupthing have been sentenced to between three and five years in prison. They are the former chief executive, the chairman of the board, one of the majority owners and the chief executive of the Luxembourg…
December 11, 2013
Ukraine PM Requests $27 Billion in Aid for EU Deal
Security forces are pulling back from crowds of protesters around a central square in Ukraine's capital after a night of clashes between police and pro-European Union demonstrators. Scuffles between the two groups took place early Wednesday in…
December 7, 2013
WTO agrees global trade deal worth $1tn
Ministers from 159 countries have reached a deal intended to boost global trade at a meeting in Bali, Indonesia. The World Trade Organization's first comprehensive agreement involves an effort to simplify the procedures for doing business across…
December 7, 2013
Russia-Ukraine ‘closer on gas price’ after Sochi talks
Russia says differences with Ukraine on reducing the price of Russian gas have been narrowed after talks in the Black Sea resort of Sochi. Russian presidential spokesman Dmitry Peskov said the talks would continue at a later date. Ukraine's…