Business News Stories
Japan's Abe in Myanmar on landmark visit
Shinzo Abe, accompanied by a large business delegation, is visiting Myanmar - the first by a Japanese leader in more than three decades as the Japanese attempt to reassert its position as a top economci partner after decades of poor relations with the previous military regime. The...
photo: AP / Khin Maung Win
IMF chief avoids charges in French payout scandal
PARIS: IMF chief Christine Lagarde avoided immediate charges on Friday but was named an "assisted witness" after French prosecutors grilled her for two days over a state payout to a disgraced tycoon when she was finance minister. Lagarde was questioned for a total of 24 hours by prosecutors working...
photo: AP / Thibault Camus
Investors need to keep close eye on inflation
Money printing and low interest rates have built confidence but focus needed on central banks Why are sharemarkets performing so strongly and will the upward momentum continue? This is the major dilemma facing most investors. The answer to the first part is simple, investors have become more...
photo: AP / Shizuo Kambayashi
Barbara Buono Endorsed By Republican Mayor Nick Poliseno In New Jersey Governor's Race
Barbara Buono's campaign for New Jersey governor may be bleeding supporters from her own party, but the Democratic state senator managed to pick up her first Republican endorsement Friday. Buono announced that Spotswood Mayor Nick Poliseno is backing her in her uphill campaign against Gov. Chris...
photo: AP / Julio Cortez
Iran presidential candidate vows to resist West
Comment () Tweet TEHRAN, Iran (AP) — Iran's top nuclear negotiator, a candidate in next month's presidential elections, says he will pursue a policy of resistance against the West if elected. Addressing a campaign rally in Tehran Friday, Saeed Jalili said his priority in foreign policy will be...
photo: AP / Pavel Mikheyev
Europe needs a more European UK, says ECB president
Mario Draghi stresses 'depth of interconnection' between UK and Europe, in speech to bankers in City of London Mario Draghi addresses bankers at the Guildhall in London. Photograph: Bogdan Maran/EPA Mario Draghi, president of the European Central Bank, has called for the UK to be "more European" and...
photo: AP / Mario Vedder/dapd
Budget cuts mean longer lines and overflowing trash cans at parks
Enchanted Rock in Texas is one of almost 8,000 state parks in the nation. Many state and national parks face budget cutbacks that will affect visitors this summer. (Photo courtesy Texas Parks and Wildlife Department) (CHASE A. FOUNTAIN) National and state parks will be open for business this summer,...
photo: WN / Renzelle Mae Abasolo
Japan PM Shinzo Abe heads to Burma for economic talks
Japanese PM Shinzo Abe is heading to Burma in the first visit by a Japanese head of government since 1977. A business delegation will accompany Mr Abe, who is keen to strengthen economic ties with Burma. Japan is a key aid donor to Burma, and maintained trade...
photo: AP / Shizuo Kambayashi
Defending the drone
President Barack Obama has taken a lot of heat over America's targeting of terrorists overseas with lethal drone strikes. Critics argue that the secret CIA-run program provokes political backlash in Pakistan, Yemen and Somalia, outweighing the value of the terrorists killed. That the attacks too...
photo: AP / Evan Vucci
Google, like Facebook, in talks to buy Waze for $1 billion - report
(Reuters) - Google Inc is considering buying Israeli mobile satellite navigation start-up Waze Inc, which may lead to a bidding war with Facebook Inc, Bloomberg news reported, citing people familiar with the matter. Waze is seeking more than $1 billion (662 million pounds) and is fielding...
photo: WN / Ahmed Deeb

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