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France sees recovery in fortunes

[2015-05-15 08:08]

Data issued by French statistics institute Insee showed on Wednesday the country's gross domestic product (GDP) in the first quarter of 2015 increased by 0.6 percent, the first such strong performance in two years.

EU Commission says Germany should invest

[2015-05-15 08:08]

Germany should take advantage of stronger economic growth to invest more and France needs fiscal reform so it can meet its deficit reduction targets by a 2017 deadline, the European Commission said on Wednesday.

Demand for gold jewelry jumps in India as curbs ease

[2015-05-15 08:08]

Gold jewelry sales in India climbed in the first quarter as an easing of state curbs on bullion imports increased supplies, countering a drop in consumption in China, according to the World Gold Council.

British election angst turns to pound euphoria as rally beats all

[2015-05-15 08:08]

It didn't take long for the pound to recover from angst over the UK election.

High-end services to propel Hengqin growth

[2015-05-14 07:27]

High-end services will be the main growth driver for Hengqin, an island close to Macao that has recently been designated as part of the China (Guangdong) Pilot Free Trade Zone, local government officials said.

Zhuhai taking green strides with tunnel project

[2015-05-14 07:27]

While people living in older city areas are often irked by the frequent digging up of roads for underground pipe and cable maintenance, those in Hengqin New Area are free of this trouble, as all the utility facilities are placed in a large underground tunnel.

Deepwater base to burnish port's high-tech credentials

[2015-05-14 07:27]

By the end of this year, the second phase of the CNOOC Zhuhai Deepwater Engineering Base is expected to be finished. By 2018, the base will be fully built, with an annual capacity of 230,000 metric tons.

Verizon snaps up AOL for $4.4b

[2015-05-14 07:27]

Move comes as media landscape becomes increasingly disrupted on several fronts

There's a missing ingredient in oil's recovery

[2015-05-14 07:27]

Oil bulls who've cheered a rebound of 40 percent from a six-year low should take heed: Unless demand accelerates, the rally is in danger.

Moody's downgrades Chicago to junk rating

[2015-05-14 07:27]

Moody's Investors Service announced on Tuesday it has lowered Chicago credit rating to junk bond status, citing unfunded pension obligations and lagging tax revenue, in a move Mayor Rahm Emanuel called irresponsible.

Samsung in new push into Web-connected gadgets

[2015-05-14 07:27]

Samsung wants to sell the digital brains that will go into billions of "smart" home appliances, industrial sensors and other Internet-connected gadgets - even if the gadgets aren't made by Samsung.

Shell adds firepower to BG Africa assets

[2015-05-14 07:27]

Royal Dutch Shell Plc's $70 billion takeover of BG Group Plc will put Europe's largest energy company in the middle of East Africa's race to export natural gas and is set to boost the chances of Tanzania becoming a major supplier.

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