Business
Bernard Madoff hospitalized after suffering heart attack in prison
Bernard Madoff has been returned to jail after being hospitalized for a heart attack last month. According to CNBC, Bernard Madoff, 75, also has stage...
Argentina introduces restrictions on online shopping
Argentina has restricted online shopping as part of efforts to stop foreign currency reserves from falling any further. According to new conditions, anyone buying items...
Monsignor Nunzio Scarano charged with money-laundering
Monsignor Nunzio Scarano has been charged with laundering millions through the Vatican bank, police say. The former Vatican accountant is already on trial and under...
European Commission halts talks on EU-US free trade deal
The European Commission has decided to suspend talks on EU-US free trade deal amid concern that hard-won social protections in Europe might be undermined. The...
GE confirms placing $4 billion Boeing order
General Electric has confirmed that it has placed an order for 40 Boeing planes worth $4 billion at list prices. The order includes 20 737...
China economic growth at slowest pace since 1999
China’s gross domestic product (GDP) expanded 7.7% in 2013 from a year ago, the slowest pace of growth since 1999, official figures show. Chinese economy...
Silvio Berlusconi returns to political stage after deal with center-left rival
Former Italian PM Silvio Berlusconi has decided to return to the centre of the political stage, striking a reform deal with a centre-left rival. Silvio...
Egypt referendum results: 98% of voters backed new constitution
The results of a two-day referendum showed that the proposed new Egyptian constitution has been backed by 98.1% of people, officials say. Turnout was 38.6%...
Yahoo COO Henrique de Castro to leave company
Yahoo Chief Operating Officer Henrique de Castro has unexpectedly departed the company just over a year after he was hired to turn its advertising...
GM to resume dividend payments after six years
General Motors (GM) announced it will resume dividend payments, capping a remarkable turnaround since its 2009 bailout by the US government. GM will pay a...
Bernard Madoff case cuts JPMorgan Chase net income by 7.3% in Q4 2013
JPMorgan Chase has reported a 7.3% drop in profit for Q4 2013 after legal costs relating to the fraudster Bernard Madoff dented earnings gains. Net...
Egypt votes on new constitution
Egypt has begun voting in a two-day referendum on a new constitution, which could pave the way for fresh elections. The new charter aims to...
German breweries fined over price fix
German authorities have fined five big breweries a total of 106.5 million euros ($145 million) for illegal price-fixing. Bitburger, Krombacher, Veltins, Warsteiner and Barre were...
Valerie Trierweiler remains in hospital after shock of Francois Hollande affair
Francois Hollande’s official partner, Valerie Trierweiler, is to remain in hospital, where she has been since Closer magazine accused the French president of having...
LEGO to make Simpsons construction set
World's second-biggest toymaker LEGO has confirmed that it will produce a construction set based on the hit TV animation, The Simpsons. The new kit will...
Francois Hollande and Julie Gayet: President under pressure to clarify relationship
President Francois Hollande is coming under pressure in France to clarify his personal situation, after Closer magazine reported on his alleged secret affair with...
Ariel Sharon dies after 8 years in coma
Former Israel’s PM Ariel Sharon has died at the age 85 after spending 8 years in a coma following a stroke. Ariel Sharon was a...
Chris Christie sued by New Jersey residents over bridge scandal
New Jersey Governor Chris Christie is being sued by six residents over claims his office created gridlock on to the George Washington Bridge as...
US unemployment rate falls to five-year low of 6.7% in December 2013
The US jobless rate fell to a five-year low of 6.7% in December as companies created 74,000 new jobs, latest figures show. However, the number...
Central Africa Republic’s interim President Michel Djotodia resigns
Central Africa Republic's interim President Michel Djotodia has resigned. Michel Djotodia made the announcement at a regional summit in Chad aimed at ending violence that...
Porsche, Audi and Bentley post record sales in 2013
Porsche, Audi and Bentley - Volkswagen's luxury brands - have posted record sales in 2013 helped by new model launches and a recovery in...
Chris Christie speaks on George Washington Bridge gridlock scandal
New Jersey Governor Chris Christie has decided to fire his top aide Bridget Anne Kelly, who allegedly orchestrated traffic mayhem to pursue a petty...
US trade deficit narrows to its lowest level in four years in November 2013
According to new figures, the US trade deficit narrowed to its lowest level in four years in November 2013, as rising sales of oil...
JPMorgan Chase agrees to pay $1.7 billion to victims of Bernard Madoff fraud
Following a settlement with US prosecutors, JPMorgan Chase has agreed to pay $1.7 billion to victims of the Bernard Madoff fraud. The settlement comes after...
Janet Yellen confirmed as next head of Federal Reserve
Janet Yellen has been confirmed by US Senate as the next head of the Federal Reserve. Fifty-six senators voted in favor of Janet Yellen with...
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