Deutsche Boerse faces a long, hard struggle to get approvals from a host of regulators for its $10.2-billion takeover of NYSE Euronext to form the world's largest exchange operator.
Japan must liberalise its foreign trade as part of wide-ranging structural reforms to restore competitiveness and boost growth, the World Trade Organization said on Tuesday.
China sought to ease fears on Tuesday about the global impact of a drought in its wheat-growing regions that has raised concerns about world food prices. Price falls as China wheat supply worries ease
Wheat prices fell 3.6 percent Tuesday after China said it has adequate reserves to satisfy demand for the grain despite a drought that has affected its winter crops.
Eurozone's trade surplus dropped sharply in 2010 compared with the previous year.
China's rise as an economic powerhouse is one of the key factors that propelled the Philippine export sector.
South Korea has ranked the world's fifth largest automobile manufacturer for six consecutive years in 2010.
A former official with BP's drilling operations in the Gulf of Mexico resigned just months before last year's oil spill because of disagreements with the oil giant over its commitment to safety, according to a class-action federal lawsuit related to the spill.
European finance ministers decided to provide euro500 billion ($674 billion) for a new crisis fund that will come into force in 2013, but continued to fight over the best way to combat the current debt crisis that has crippled the eurozone over the past year.
World business leaders gathering in South China Monday vowed to promote the service sector among the APEC (Asia-Pacific Economic Cooperation) members.
Most member countries of the Organization for Economic Cooperation and Development (OECD) will continue to see expansion in near term as the OECD composite leading indicators (CLIs) for December 2010 mostly showed an upwards trend.
US President Barack Obama will offer a 2012 budget plan on Monday that aims to slash $1.1 trillion from the US deficit over 10 years, launching a fight on fiscal priorities with Republicans who want even deeper spending cuts.