| Saudi- 18, including 16 Saudis, arrested for espionage
 Saudi Arabia has arrested 16 Saudis, an Iranian and a Lebanese for espionage. "The men were arrested in Makkah, Madinah, Riyadh and Eastern ... Microsoft targeted in bribery probe: report
 US authorities are investigating whether Microsoft or its partners bribed officials in China, Italy and Romania to get software contracts, The Wall ... China solar giant Suntech falls back to Earth
 China's Suntech has made a painful journey from being the world's largest solar panel producer to flirting with bankruptcy in just a year, ... Cyprus bailout 'no' sparks joy
 Thousands of demonstrators burst into cheers and applause as their MPs on Tuesday flatly voted down a painful EU bailout plan aimed at rescuing ... Euro sinks as Cyprus rejects bank deposit tax
 The euro sank 0.5 percent Tuesday as Cyprus threw its EU-IMF bailout in question when legislators rejected a controversial bank deposit tax meant to ... New Saudi-Bahrain pipeline to carry 450,000 b/d Bahrain Petroleum Company completed studies for a new pipeline that would link the company's refinery with the Eastern Province in ... Saudi- SRMG approves SR 80 m dividend Saudi Research & Marketing Group held its annual Ordinary General Assembly at the group's headquarters on Sunday. Items on the ... Storm-damaged Statue of Liberty to reopen by July 4
 The Statue of Liberty will reopen by July 4 once repairs to extensive damage inflicted on the New York landmark by Hurricane Sandy are completed, US ... Fitch affirms EU's top triple-A rating
 Fitch on Tuesday affirmed its top 'AAA' credit rating for the European Union, judging financial support by member countries as providing a strong ... Markets, Oil Dip on Cyprus Bailout Deal
US stocks were lower Monday on news that a bailout for Cyprus included a tax on bank deposits. The New York Times reported the ... OPEC crude basket price rises 74 cents, settles at USD 106.62 pb
> OPEC's daily basket price raised 74 cents last Friday and stood at USD 106.62 a barrel compared with USD 105.88 pb the previous ... EU energy deficit up
> The European Union's deficit for energy increased significantly to 422.5 billion euro in 2012 compared with 388.2 billion euro ... Airbus receives USD23.82b order from Indonesia's Lion Air
Airbus announced that it has inked a USD23.82 billion deal to supply Indonesia's Lion Air with 234 A320 planes, reported Xinhua News. The European plane ... UK Energy bills push inflation up
> The squeeze on household budgets in the UK tightened further last month as official figures revealed Tuesday hikes in energy ... Brazil moves to combat rising obesity
 Brazil launched a campaign Tuesday to combat the ballooning waistlines of its population -- a trend it said costs nearly $250 million each year in ... French economic growth to be lower than expected in 2013
> International economic policy and consulting entity, the Organisation for Economic Cooperation and Development , said ... $3 tag sale find sells at Sotheby's for $2.23 million
 A $3 tag sale buy has turned into a massive windfall for the lucky bargain hunter: the Chinese bowl sold for $2.23 million at an auction at Sotheby's ... Qatar- CBQ buys 70.8 pct of Turkish bank> The Commercial Bank of Qatar has bought a 70.8 percent stake in Turkish lender Alternatifbank from its parent Anadolu ... Saudi- Police arrest Jarir bookstore thieves Security forces have arrested a gang that stole SR 1.2 million from the safe of Jarir bookstore north of Jeddah. About SR 700,000 of the ... Ford to pay $750 mn to staff in closing Genk plant
 US automaker Ford said Tuesday that it would pay at least $750 million to workers being let go as it closes its plant in Genk, Belgium, after ... | 
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