Obama signs in financial reforms; Ireland’s bond ratings down; Nokia Siemens buys Motorola’s network business.
Rating agency Moody’s has downgraded Portugal’s long-term credit rating by two notches
So far the high-profile strikes appear to be spontaneous movements at individual plants, by just a tiny sliver of a vast workforce
Several Asian economies, like India's and South Korea's, are expected to perform better this year
Median forecasts from almost 50 economists showed the global economy growing 4.2% this year
The world economy has been recovering this year from its worst downturn in decades
Portugal may need to come up with more austerity measures in its 2011 budget to avoid further revision of its credit rating
Kan had floated the possibility of doubling the tax as a way to bring down public debt
The euro slid as jitters grew ahead of the results of European bank stress tests due later this month
Asia needs to watch out for rising capital inflows and risks from the fiscal crisis in Europe says IMF MD Dominique Strauss-Kahn
Economists see the economy expanding just 3.1% in 2010, down from 3.3% in the June poll
IMF raises global GDP outlook; Toyota recalls 250,000 cars in the US, Japan; and France Telecom eyes emerging markets
China's presence on the list grew to 46 companies, nine more than in 2008, putting China third behind US and Japan
IMF cut its 2011 growth forecasts for Britain, Canada, the euro zone, emerging economies and Japan.
The stress tests for European banks will not include a haircut on German sovereign bonds, two banking sources in Germany