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China to lend Argentina billions for power and rail projects

The Chinese premier has signed landmark finance and loan deals while on a two-day visit to Argentina. The agreements offer the South American country some stability for its troubled financial status. more >>
 

Iran set for post-sanctions investment windfall

Industry is closely watching the nuclear negotiations taking place between world powers and Iran. A deal could lead to an easing of sanctions. Both German and foreign businesses see good economic opportunities. more >>
 

Industrial divisions lift General Electric profits and revenue

Strong performance in six of its seven industrial segments caused General Electric's profit to rise strongly in the second quarter. Its restructuring plan is also well on track, the US engineering giant has said. more >>
 

Global business leaders lobby G20 prior to Australia summit

The B20 international business lobby has released a set of policy recommendations for the G20 to consider, calling for the removal of trade barriers and allowing the movement of skilled labor across borders. more >>
 

Reports: Mexico opens oil and gas to private sector

A controversial new law permitting private investment in Mexico's long-nationalized oil sector has been passed by the Mexican Senate, reports say. The government hopes the move will boost oil and gas production. more >>
 

Mexico to open oil and gas to private sector

A controversial new law permitting private investment in Mexico's long-nationalized oil sector has been passed by the Mexican Senate, reports say. The government hopes the move will boost oil and gas production. more >>
 

UK banks to be probed on competition concerns

Britain's competition watchdog is to launch a probe into some business practices by the four big retail banks. Lending to small and medium-sized firms and current accounts is not working well for customers, it says. more >>
 

Google revenues and profits up

Google revenues rose strongly in the second quarter, driven by an increase in the number of paid clicks on ads, and profits per share were also up year-on-year. Analysts see promise in Google's 'moonshot' technologies. more >>
 

Bolivia lowers working age to 10 years

Bolivia has lowered the age limit to work to 10 years – the lowest in the world. The measure is intended to help combat extreme poverty in the South American country, but it also violates international treaties. more >>
 

The economic price of the Gaza conflict

Consumption is falling and tourists are staying away: The longer the military offensive in the Gaza Strip, the more the Israeli economy will suffer. The affected sectors demand support from the government. more >>
 

German insurance companies look to India

Cars, homes, accidents, illness - Germans often sign up for comprehensive insurance coverage. But things look quite different in India, where the government wants to further open up the insurance market to foreigners. more >>
 

Volkswagen and Fiat deny merger report

Fiat has denied a German magazine report saying the Italian carmaker was in talks aimed at merging with Germany's Volkswagen (VW). VW also rejected the notion, claiming it had no new acquisitions on the agenda. more >>
 

Microsoft plans mass layoffs in major reorganization

US software giant Microsoft has announced it will slash 18,000 jobs next year. The layoffs will be the result of a major restructuring after the company has bought mobile phone maker Nokia. more >>
 

Angela Merkel at 60: A life in 60 portraits

IN MAY Forbes magazine put Angela Merkel at the top of its ranking of the world's most powerful women for the fourth consecutive year. No surprise there: this is someone who has been German Chancellor since 2005, is hugely popular with the electorate, and is the dominant force in the European ... more >>
 

South American leaders keen to offset clout of western financial institutions

The world's most powerful emerging economies are eyeing closer cooperation with the Union of South American Nations, UNASUR. Friendlier relations could come with lucrative investments on a massive scale. more >>
 

Economics and ethics: Lying commies

UK Only Article:  standard article Issue:  America’s lost oomph Fly Title:  Economics and ethics Rubric:  ... more >>
 

On Poland, Europe, banks, partnerships, South Sudan, tax, Germany, trilemmas: Letters to the editor

UK Only Article:  standard article Issue:  America’s lost oomph Fly Title:  On Poland, Europe, banks, partnerships, South Sudan, tax, Germany, ... more >>
 

Ultra-low eurozone inflation worries ECB

Consumer price inflation in the eurozone remains very low, leading economists to worry that persistent price deflation could set in - a condition that could increase the risk of a general economic depression. more >>
 

European car market speeds up

Europe's embattled car market has seen its sales figures dwindle in recent years, as the Continent recovered from the global financial crisis. But new figures suggest the worst may be over. more >>
 

Australia repeals contentious carbon tax

The Australian government has voted to repeal a carbon tax and abandon the world's third-largest emissions trading scheme. The decision to scrap the latter is a major setback for global CO2 trading. more >>
 
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