| Bank of America to pay $1.7 bn to MBIA to settle dispute
 Bank of America and insurer MBIA on Monday announced a $1.7 billion settlement deal resolving their dispute over mortgage securities that soured as ... GM recalls 43,500 hybrid cars in US, Canada for fire risk
 General Motors is recalling nearly 43,000 hybrid vehicles in the United States and around 500 in Canada to fix a defect that could cause a fire in ... Fiat to invest $7 billion in Brazil through 2016
 Italian carmaker Fiat is upping its stake in Brazil, pouring about $7 billion into local investments by 2016, according to a plan its CEO Sergio ... South African Airways fights to keep flag flying
 South African Airways is one of the continent's leading carriers, but financial battles and seemingly endless changes of leadership have put its ... Dubai-based DSI secures USD104.8m Saudi, Indian contracts Drake & Scull International CEO, Khaldoun Tabari, announced that the company has secured USD104.8 million worth of infrastructure contracts in Saudi ... Saudi- Refinery mishap kills 1 One man was killed in an accident caused by a gas leak in Saudi Aramco's refinery in Jeddah, the company said yesterday. Aramco offered ... China's CNOOC to buy LNG from UK's BG Group
The China National Offshore Oil Corporation chairman, Wang Yilin, announced that the company has signed a deal with UK's BG Group to acquire 5 ... Brazilian gov't controlling inflation rate
Brazil's President, Dilma Rousseff, stated that the government is controlling the inflation rate, although it has recently surpassed the 6.5-percent upper ... IMF forecasts 3.5% growth in Latin America in 2013
The International Monetary Fund western hemisphere director, Alejandro Werner, said that Latin America's economy is expected to experience a 3.5 percent ... Saudi- 2-year iqamas likely for expats in 'green' firms
 The Labor Ministry is considering granting employees in some companies residency permits for two years, thereby making an exception to a ... Saudi- Railways witness massive expansion Railways have witnessed tremendous development under the reign of Custodian of the Two Holy Mosques King Abdullah, according to Mohammed K. ... Saudi- All charities to acquire 2,500 sq. meters of land The Council of Ministers has decided to grant 2,500 sq. meters of land to all charitable societies in the Kingdom. "The council approved an ... Saudi- Official: Female work force in certain shops not obligatory Despite efforts to feminize shops, Fahd Al-Tukheifi, assistant secretary-general for development, said that it is not obligatory for some shops ... Intel revamps chipsets in new mobile push
 Intel Corp. on Monday unveiled a new line of computer chips as part of the tech giant's efforts to gain traction in the fast-growing mobile ... Brazil in talks with Havana to hire 6,000 Cuban doctors
 Brazil is negotiating with Havana to hire about 6,000 Cuban doctors to work in the massive South American nation."Brazil is looking into the ... | 
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