Scottish economy 'thriving' - report

Scotland's economy is thriving despite global economic unrest, according to a business survey.

Russia is facing a fuel shortage

The head of Russia's biggest oil company is warning that the world's second largest oil producing nation could soon face a fuel shortfall.

Record imports swell US trade deficit

Record imports, the strong dollar and growing consumer demand helped to widen the US trade deficit by 7.1% in June.

China to Set Up ‘Security Offices’ Inside Internet Companies

China plans to set up “network security offices” staffed by police inside major Internet companies, a move to strengthen the government’s grip on the world’s largest population of Web users.

Size of Ireland's economy surpasses pre-global crisis levels

Ireland’s economy has surpassed the size it reached at the peak of the “Celtic Tiger” boom, official figures have revealed, in the latest evidence that the country is shrugging off the legacy of the crash.

Pacific Trade Talks in Hawaii Said to Near End Without Deal

Negotiators from the U.S. and 11 Asia-Pacific countries are unlikely to sign off on a free-trade agreement after a four-day meeting in Hawaii, according to a person briefed on the talks.

U.K.’s Budget Master Plans for More Pain

When the Conservative Party won an unexpected majority in U.K. elections in May, it didn’t just mean George Osborne would get to keep his job as chancellor of the exchequer. It also put the keys to 10 Downing Street within his grasp.