Fonterra closes RMB bond offer

2011-06-20 17:35:26

New Zealand's Fonterra, the world's biggest dairy company, has raised 300 million yuan through an issue of renminbi (RMB) bonds in Hong Kong.

EU put next tranche of loans for Greece on hold

2011-06-20 10:35:52

Eurozone finance ministers put the next tranche of loans for Greece on hold after talks dragged into the early hours of Monday, asking Athens to approve new austerity measures first.

Berlusconi, Bossi agreed to cut taxes

2011-06-20 09:32:58

Italian Prime Minister and Umberto Bossi announced that despite political defeats they would move forward with their fragile partnership.

EU delays decision on emergency loans to Greece

2011-06-20 09:25:24

Euro zone finance ministers postponed a final decision on extending a further 12 billion euros ($17 billion) in emergency loans to Greece, saying Athens would first have to introduce harsh austerity measures.

Greece in crisis; EU wrangles over aid

2011-06-20 09:21:18

Prime Minister George Papandreou asked Greeks on Sunday to support austerity steps and avoid a "catastrophic" default.

IMF cuts US growth forecast to 2.5%

2011-06-17 23:34:18

The fund warned Washington and European countries that they are "playing with fire".

Air Canada, workers reach tentative deal

2011-06-17 14:24:40

Air Canada and its striking workers reached a tentative contract deal Thursday shortly after the federal government introduced back-to-work legislation seeking to force the customer service agents back to their posts.

Capital One to buy ING's US online bank for $9b

2011-06-17 14:18:20

Capital One Financial Corp plans to buy ING Groep NV's US online bank for $9 billion in cash and stock, leapfrogging up the ranks of the largest US banks, the companies said on Thursday afternoon.

US may treat Internet curbs as trade barriers

2011-06-17 09:47:31

The United States is looking into ways to craft trade countermeasures that treat curbs on Internet commerce as nontariff barriers to trade, Commerce Secretary Gary Locke said on Thursday.

IMF hopeful woos China for votes

2011-06-17 07:41:44

Agustin Carstens, governor of the Mexican central bank, said China promised to take his bid to be the first non-European managing director.

Mulberry eyes US, China as business booms

2011-06-16 19:17:28

British luxury fashion brand Mulberry said it expects overseas sales to overtake those in its home market in two years.

S Korea, EU to meet over free trade pact

2011-06-16 17:00:36

South Korea and the European Union will hold talks next Tuesday to discuss preparations for their bilateral free trade pact.