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Business & Finance

Google to buy photo-editing site Picnik

02.03.2010 - Business & Finance

Internet search giant Google has bought online photo-editing site Picnik - its third deal in three weeks.

Australia raises interest rates to 4%

02.03.2010 - Business & Finance

Australia's central bank has raised interest rates, for the fourth time since October, as it seeks to cool its growing economy.

Markets fall after Obama sets out new bank rules

22.01.2010 - Business & Finance

Stock markets have fallen sharply in response to far-reaching plans by US President Barack Obama to curb the activities of the biggest US banks.

Eurostar sales up despite travel chaos

20.01.2010 - Business & Finance

Ticket sales and passenger numbers rose at Eurostar in 2009, despite the breakdown of trains in December that left thousands of passengers stranded.

Japan Airlines files for bankruptcy protection

20.01.2010 - Business & Finance

Japan Airlines (JAL), Asia's biggest air carrier, has filed for bankruptcy protection, in one of the country's biggest corporate failures.

Japan Finance Minister Naoto Kan calls for weaker yen

07.01.2010 - Business & Finance

Japan's newly appointed finance minister Naoto Kan has called for a weaker yen in order to aid the recovery of the Japanese economy.

Battered SME’s look for government support

04.12.2009 - Business & Finance

The Russian government is pledging more than $300 million in state support for small and medium-size business in 2010. It’s looking for a more diverse and flexible economy, in the wake of the downturn.

Air France-KLM to cut 1,700 jobs

19.11.2009 - Business & Finance

Air France-KLM is planning to cut 1,700 jobs next year after the airline posted a worse-than-expected quarterly loss.

In tough times, even stuffed animals join the sex trade

11.11.2009 - Business & Finance

A toy factory in the Russian Urals region has found its own spicy recipe for coping with the financial crisis. Instead of making teddy bears for children, they are now producing toys for sex shops.