5-February-2012, 10:56 PM
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Economy
IMF chief hails Saudi role in supporting global economy
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Saudi Arabia has played an "important role" in stabilising the oil market and supporting the global economy.
French aviation unions call strike for February 6-9
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The unions are protesting a draft law that will require individual aviation workers to give 48 hours notice before taking strike action.
Luxury goods giant LVMH says posts 'vintage' year
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French luxury goods giant LVMH said Thursday it had enjoyed a banner year in 2011 with net profits above three billion euros.
Obama, Biden drive for votes with auto bailout
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Obama made an aggressive play to claim credit for rescuing the iconic US auto industry.
Facebook poised for $5-10 billion IPO
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Eight years after its launch, Facebook is poised to file papers for an initial public offering seeking to raise at least $5 billion.
India selects France's Dassault for major jet deal
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India has selected the French firm Dassault over the Eurofighter consortium as the preferred bidder for 126 fighter jets.
iPad chip designer ARM Holdings posts strong profits
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ARM Holdings, the British company whose microchip designs are used to help power Apple's iPads, posted strong fourth-quarter profits.
Ryanair bounces back into quarterly profit
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Irish no-frills airline Ryanair said Monday that it bounced into profit in the last three months of 2011.
Strikes cause chaos in Belgium ahead of EU summit
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Belgium was in chaos, just hours before an EU summit, with transport and other public services halted by a national strike.
Citi chairman plans to step down
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Citigroup chairman Richard Parsons is considering stepping down after three years in the post.
World leaders slam eurozone foot-dragging on debt crisis
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Europe has not got on top of more long-term problems undermining the single currency, and needs to move further and faster.
Murdoch staff arrested, office searched in UK probe
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Police said they made the arrests after information was provided to police by Murdoch's US-based News Corporation.
Public workers stage mass protest in Barcelona
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Thousands of police, teachers and hospital staff staged a mass protest march in Barcelona in growing anger at spending cuts.
Sudden Spanair shut-down strands passengers
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At least 22,000 passengers were affected over the weekend.
Facebook may file for IPO next week
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Facebook may file papers for an initial public offering next week that would value the social network at up to $100 billion.
James Murdoch to resign from board of drug firm GSK
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James Murdoch, at the centre of the phone hacking scandal, has resigned from the board of GlaxoSmithKline.
Nokia 2011 results deep in red despite new Lumia line
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World-leading mobile phone maker Nokia posted deep 2011 losses amid slumping handset sales.
Is the American Dream still achievable in 2012?
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President Barack Obama's populist vision of a fairer US society comes at a time when the American Dream is becoming tougher to achieve.
Canada basks in role as global special effects hub
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Business is booming with more than enough work to go around despite fierce competition among studios vying for contracts and talent.
British economy teeters on brink of recession
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Britain's economy shrank by more than expected in the fourth quarter, placing it dangerously close to recession.
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