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Thursday, June 28, 2012
Business executives around the world have become much more gloomy about the global economy as the eurozone crisis pounds on, according to a new survey released Tuesday by McKinsey & Co.
Friday, June 22, 2012
Russia's second-largest airline Transaero signed a US$1.7 billion deal Thursday to buy four Airbus A380 jets, becoming the first ex-Soviet region carrier to order the world's biggest passenger jet.
Thursday, June 21, 2012
Myanmar has signed a raft of oil exploration deals with foreign companies, state media reported Wednesday, as the reformist government seeks overseas investment to spur economic development.
Weakening economies that roiled markets last year also took their toll on the world's rich, and faster-growing Asia for the first time had more millionaires than North America, according to a study released on Tuesday.
Tuesday, May 22, 2012
Bangladesh has discovered oil in two old gas fields in the country's northeastern region with an extractable reserve worth US$5.5 billion, the chairman of state-owned Petrobangla said Monday.
Monday, May 21, 2012
US firms want piece of Myanmar pie amid suspended sanctions
The suspension of U.S. sanctions barring investment in Myanmar in response to political reforms in the poor Southeast Asian state opens the door to U.S. firms queuing to scout for business in one of the last frontier markets.
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