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3/15/2012

G20 GDP growth slowed in Q4 to 0.7 per cent, says OECD

PARIS: Gross domestic product growth in the Group of 20 economic powers slowed in the final three months of 2012 to 0.7 percent from 0.9 percent in the previous quarter, the Organisation for Economic Cooperation and Development said on Wednesday.

3/12/2012

China records huge February trade deficit

China swung into a huge trade deficit of $31.48 billion in February, according to the latest customs data, as the West's economic troubles hit the world's second-largest economy.

3/10/2012

Portugal's economy shrank 1.6 percent in 2011

LISBON, Portugal (AP) — Portugal's economy shrank 1.6 percent last year as austerity measures adopted in return for a euro78 billion ($103 billion) bailout took their toll, the national statistics agency said Friday.

3/09/2012

Airbus says China blocking orders worth $12 billion over EU scheme

China is blocking orders for at least $12 billion worth of Airbus jets to protest the European Union's emissions trading fees, in a new challenge to the program aimed at fighting global warming, the planemaker said Thursday.

3/08/2012

Forbes tally grows to 1,226 billionaires globally

NEW YORK (AP) — One made the list on the strength of girdle sales, another powered by electric sports cars. Still others lost billions or fell off the list altogether thanks to the weak global economy and the gyrations of financial markets.