| US to reach debt limit on New Years Eve
 The United States government will reach its statutory 16.39-trillion-dollar debt limit -- a ceiling imposed by Congress -- on Monday, Treasury ... Spain will not ask for ECB financial assistance
Spain's Minister of Economy and Competitiveness, Luis de Guindos, stated that at the current time, the country will not ask for a financial aid from the ... World economy seen to grow at 2.8 pct in 2013
 The world economy will see sluggish growth of 2.8 % in 2013 against the 2.6% growth seen in 2012, remarked Greg Karpinski, Director of ... Private sector 2-day weekend "will raise expat salary 30%" A member of the Riyadh Chamber of Commerce and Industry has opposed the government's plan to reduce the working hours at private companies and ... Saudi Arabia- GOSI rejects salary appeal by schools The General Organization for Social Insurance yesterday rejected an appeal by owners of private schools to review the minimum salary of SR ... Oil price near 10-week high
Oil prices jumped by the most in weeks yesterday, with US crude reaching its highest in more than two months as technical buying and signs of ... Shale oil companies need a 'social license'
Rigorous traffic management and other planning controls will be essential if shale gas and oil drillers are to operate in areas of the ... Spain reveals sea of red ink at Bankia
 Spain revealed Wednesday an ocean of red ink in its bailed-out Bankia group at the heart of the nation's banking crisis.The lender Bankia had a ... Netflix blames Amazon for Christmas Eve outage
 Netflix on Wednesday was blaming Amazon for an embarrassing outage that left millions of people unable to snuggle up with the online film streaming ... Toyota reaches $1.1 bn deal with US owners over recalls
 Toyota has agreed to pay about $1.1 billion to settle a class action lawsuit launched by US vehicle owners affected by a series of mass recalls, the ... Starbucks boss: 'Come together' on fiscal deal already
 Starbucks stirred the political pot Wednesday by urging its baristas to write "come together" on its cups as a way to pressure US lawmakers to ... French power firm chief 'target of financial probe'
 The head of the French electricity company EDF, Henri Proglio, is the target of a probe by France's General Finance Inspection service after he ... Saudi Arabia- World's largest butanol plant to go on-stream in Jubail in 2015
 World's largest butanol plant to go on-stream in Jubail in 2015 A three-way shareholders agreement to establish the Saudi Butanol Company, ... Saudi Arabia- Labor Ministry faces storm of opposition over working women A stormy discussion on working women between Labor Minister Adel Fakeih and a group of 200 persons who call themselves Mohtasebon Saudi Arabia- Technical college for girls to open in Dammam next year Dr. Mounira Alulola, Deputy Governor of Girls Technical Training at the Technical and Vocational Training Corporation declared that the ... Microsoft to launch 6 new retail stores in 2013
Microsoft announced that it will launch 6 new retail stores in 2013, all located in the US, reported Xinhua News. The company said that the stores will ... S. Korean Banks' Bad Loan Rate Slips in Nov.
The delinquency rate for loans extended by South Korean banks fell in November from a month earlier, mainly due to a decrease in fresh ... China's Yuan Weakens to 6.2949 against USD Thursday
The Chinese currency Renminbi, or yuan, weakened by 6 basis points to 6.2949 against the U.S. dollar on Thursday, the China Foreign ... | 
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