![]()
News
China's Tsinghua prepares $23 billion bid for U.S. chip maker Micron
China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for U.S. memory chip maker Micron Technology Inc (MU.O), in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said.
News
OPEC sees more balanced oil market in 2016
The oil market should be more balanced next year as China and the developing world use more oil while supply of fuel from North American shale grows more slowly, OPEC said on Monday.
News
Iraq launches offensive to drive Islamic State from biggest province
Iraqi troops and Shi'ite Muslim militia forces attacked Islamic State fighters on several fronts on Monday in Anbar, the country's largest province, at the start of what is likely to be a long and fiercely contested offensive.
News
Greece faces tough conditions under deal with euro zone
Euro zone leaders made Greece surrender much of its sovereignty to outside supervision on Monday in return for agreeing to talks on an 86 billion euro bailout to keep the near-bankrupt country in the single currency.
News
India, Pakistan to join China, Russia in security group
India and Pakistan began accession to a regional security group led by China and Russia on Friday after two days of summits which President Vladimir Putin held up as evidence Moscow is not isolated in the world.
News
Tight weekend timeline for deal to save Greece
Euro zone countries have set a tight timeline for any deal to save Greece from economic collapse that could catapult it out of Europe's common currency.
News
Kerry doesn't view Russia as existential threat: State Department
U.S. Secretary of State John Kerry does not agree with the Marine Corps general nominated to be America's next top uniformed commander that Russia poses an existential threat to the United States, a spokesman said on Friday.
News
IMF says Greece spillovers limited to rest of world
Greece is a small part of the world economy, and its possible exit from the euro zone should have limited impact on the rest of the world, the IMF's chief economist said on Thursday, though he warned similar crises could happen in other countries.
|