IMF ups 2010 growth forecast

The International Monetary Fund says the global economy has recovered from recession more quickly than anticipated. The IMF said emerging countries


Greek bailout talks start

Talks that could last for weeks are underway between Greece and EU and International Monetary Fund officials. They are intended to work out details


Peugeot Citroen upbeat

PSA Peugeot Citroen has posted a 27.5 percent rise in first-quarter revenues at 14 billion euros. The French carmaker also said it expected to make


Ukraine, Russia ink gas deal

Ukraine has struck a deal with Russia to cut gas import prices by 30 per cent, heralding a new era of warmer ties between the two countries. Kiev


China mourns quake dead

China is holding a national day of mourning today for the victims of a powerful earthquake . The quake struck the western province of Qinghai a

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China aid

Humanitarian aid deliveries to victims of a devastating quake in a remote Tibetan region risk being hampered by bad weather, as the death toll rises


European skies are reopened

A flight from Vancouver landed at London Heathrow airport marking the reopening of all of Britain’s airspace for the first time since last