Greece aims to complete second set of reforms by mid-December

A draft statement has revealed that Eurozone's finance ministers have been briefed by Greece, where they have been told that the country aims to complete...

Starbucks cups leave some seeing red

According to American Christian internet personality Joshua Feuerstein, Starbucks has become too politically correct due to their new holiday cups. “Starbucks REMOVED CHRISTMAS from...

Beijing’s love for Addis Ababa increases every day

ADDIS ABABA - Much to the delight of excited Ethopians, The African country lifted the curtains on its brand new Addis Ababa Rail project...

Toyota overtakes VW as “world’s largest carmaker”

Japanese vehicle manufacturing giant Toyota has overtaken its German counterpart Volkswagen to claim the title of "the world's largest carmaker" in terms of sales....

Nestle: Maggi Noodles will return to India

NEW DELHI - Swiss transnational food and beverage company Nestle has announced that it will resume the sale of its extremely popular Maggi Noodles...

Philips Lumileds sale might face hiccups from US authorities

AMSTERDAM - Philips has revealed that there might be the possibility of US authorities blocking its $3.3 billion sale of Lumileds.  The Dutch electronics giant...

MTN Nigeria fined record $5.2 billion by Nigeria’s Communications Commission

ABUJA - MTN Nigeria, a part African cellular telecommunications giant MTN Group, has reportedly been fined $5.2 billion by Nigeria's Communications Commission (NCC). According to reports, the...

Credit Suisse Group planning to sell US private bank?

ZÜRICH - Switzerland-based multinational financial services holding company, Credit Suisse Group, aims to sell its US private bank and further cut down its prime brokerage business, according...

Standard & Poor reduced Brazil to ‘junk’ credit rating

S&P has downgraded Brazil to "junk" status as outlook on the new rating remains negative BRASILIA - After Standard & Poor downgraded Brazil to "junk" status, the country lost...

China headed towards economic doom?

SHANGHAI - Further cementing the fact that the world's second-largest economy is losing its lustre, growth in China's investment and factory output's August figures are way below forecasts. From...