Nearly two million people across Asia could be thrown into poverty because of the Indian Ocean tsunami, the Asian Development…
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Salary scandal in Cameroon
Cameroon says widespread corruption in its finance ministry has cost it 1bn CFA francs ($2m; £1m) a month. About 500…
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Aviation firms eye booming India
India’s defence minister has opened the country’s Aero India 2005 air show with an invitation for global aerospace firms to…
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Crossrail link ‘to get go-ahead’
The £10bn Crossrail transport plan, backed by business groups, is to get the go-ahead this month, according to The Mail…
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Nissan names successor to Ghosn
Nissan has named a lifetime employee to run its operations after Carlos Ghosn, its highly successful boss, takes charge at…
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IMF agrees fresh Turkey funding
Turkey has agreed a draft proposal with the International Monetary Fund to borrow $10bn (£5.19bn), extending its ongoing financial support…
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Ukraine revisits state sell-offs
Ukraine is preparing what could be a wholesale review of the privatisation of thousands of businesses by the previous administration.…
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Newest EU members underpin growth
The European Union’s newest members will bolster Europe’s economic growth in 2005, according to a new report. The eight central…
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Go-ahead for Balkan oil pipeline
Albania, Bulgaria and Macedonia has given the go ahead for the construction of a $1.2bn oil pipeline that will pass…
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GM, Ford cut output as sales fall
US car firms General Motors (GM) and Ford have been forced to cut production in the face of falling car…
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