China to invest $50bn in Brazil infrastructure

China is planning to invest up to $50bn (£32bn) in Brazil for new infrastructure projects. The deal is due to be signed by banks from both countries during a visit by Chinese Prime Minister Li Keqiang to Brazil next week.

'Quick fix' Labour plans a cause for concern, experts warn

A Labour government would introduce "quick fixes" and interventionist policies, hindering job growth and sending a signal that Britain was no longer open for business, experts have warned. Business groups gave a lukewarm reception to Ed Miliband's unveiling of the Labour manifesto.

European commission unveils €300bn infrastructure fund to kickstart growth

A three-year programme aimed at generating more than €300bn (£237bn) for huge infrastructure projects across the European Union is to be launched by the EU executive with the aim of kickstarting growth, combating unemployment and addressing the lack of investment in Europe.

A Public Works Boom in Japan Has Echoes From the Lost Decade

SAGA, Japan — The bulldozers started up with a rumble this year in this bucolic corner of southern Japan, unleashing a construction frenzy — and a sinking feeling of déjà vu.

The biggest US economy killer: US government

The government shutdown and debt ceiling crisis inflicted a toll on the American economy, but that cost is only a fraction of the total damage that the federal government has been causing to the American economy.

BRICS summit set to endorse plans for joint reserves pool, bank

WASHINGTON/BRASILIA: Leaders from the world's major emerging economies are likely to endorse plans at a summit next week to create a joint foreign exchange reserves pool and an infrastructure bank for developing countries, senior emerging market officials said on Thursday.

Dire jobs data deal blow to Obama reelection hopes

WASHINGTON: Dire new unemployment data and a rise in the jobless rate dented Barack Obama's reelection hopes Friday and boosted his foe Mitt Romney who brands the president a failure who cannot create jobs.