Surprise rise in Australian jobs
 Thu 12 Nov, 2009.
A surprisingly strong increase in Australia's October jobs figures leads to talk of a December interest rate rise.
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Nigeria retakes control of Nitel
 Tue 02 Jun, 2009.
The Nigerian government has taken back control of the country's former telecoms monopoly Nitel, citing a lack of investment and unpaid debts. Read more...
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Chrysler needs Fiat deal to survive: CEO
 Fri 29 May, 2009.
NEW YORK (AFP) - Chrysler chief executive Robert Nardelli told a US bankruptcy judge that only a proposed tie-up with Fiat can save the failed US auto giant from calamitous liquidation. Read more...
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Court gives Saab 3 months to restructure
 Fri 29 May, 2009.
STOCKHOLM (AFP) - Sweden's Saab Automobile will get another three months to restructure its business, a senior legal source said, as parent company General Motors looks to sell the loss-making unit. Read more...
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Wal-Mart set to make first foray into India
 Fri 29 May, 2009.
NEW DELHI (AFP) - The world's number one retailer Wal-Mart is set to open its first sales venture in India Saturday as part of an ambitious plan to establish a foothold in the country's vast consumer market. Read more...
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Bullish OPEC banks on demand bounce
 Fri 29 May, 2009.
VIENNA (AFP) - A decision by OPEC to keep its output steady despite a glut of crude worldwide shows the oil exporter group is confident demand will pick up later this year, according to analysts. Read more...
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GM bankruptcy takes shape with US in driver's seat
 Fri 29 May, 2009.
WASHINGTON (AFP) - General Motors put the final pieces of a pre-packaged bankruptcy in place that would give the US government up to 72.5 percent of the new firm and sweetens the offer to bondholders. Read more...
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US newspaper executives discuss industry future
 Fri 29 May, 2009.
WASHINGTON (AFP) - Top US newspaper executives discussed the future of the troubled industry amid growing moves to begin charging for news on the Web. Read more...
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Fiat unable to offer more for Opel
 Fri 29 May, 2009.
ROME (AFP) - Italian auto giant Fiat said it could not improve its offer to buy Germany's Opel against a rival bid by Canada's Magna International and would not attend key talks in Berlin on the takeover. Read more...
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Italian industrial confidence continues rise
 Thu 28 May, 2009.
MILAN (AFP) - Italian industrial confidence rose in May for the second straight month, the state statistics body said Thursday, providing a note of encouragement for an economy mired in recession. Read more...
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Infineon seeks 500 mln euros in loan guarantees
 Thu 28 May, 2009.
FRANKFURT (AFP) - Troubled German semiconductor maker Infineon has asked the government for around 500 million euros (690 million dollars) in loan guarantees, a press report said on Thursday. Read more...
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Oil price dips on profit-taking as OPEC meets
 Thu 28 May, 2009.
LONDON (AFP) - Oil prices slid Thursday on profit-taking after rising to fresh six-month highs overnight, as OPEC ministers gathered for a key meeting where they are expected to refrain from cutting output. Read more...
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GM talks with Europe break down, Chrysler future on hold
 Thu 28 May, 2009.
BERLIN (AFP) - The US auto industry faced an uncertain future Thursday after talks with Germany on the fate of General Motors collapsed in acrimony and as Chrysler awaited further court action on its salvation. Read more...
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Chavez nationalizes iron, steel companies
 Fri 22 May, 2009.
CARACAS (AFP) - Venezuelan President Hugo Chavez announced that the government would nationalize several iron and steel companies in the country to pave way for a large "socialist" state-run enterprise. Read more...
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US to steer General Motors into bankruptcy: report
 Fri 22 May, 2009.
WASHINGTON (AFP) - The US government is readying to steer General Motors into bankruptcy with a plan to fund the ailing automaker with tens of billions of dollars in extra public financing, the Washington Post said Thursday. Read more...
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US Treasury injects $7.5 bln more into GMAC
 Fri 22 May, 2009.
WASHINGTON (AFP) - The US Treasury said Thursday it had injected an additional 7.5 billion dollars into cash-strapped US auto finance giant GMAC to enable it continue providing loans to dealers and consumers. Read more...
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