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Lufthansa strike grounds hundreds of flights

Apr 22, 2013
Ground staff at Lufthansa, Germany's biggest airline, walked off the job Monday on a one-day strike that prompted the company to cancel most of the day's scheduled flights.
Posted In: airline industry, Germany, Airlines

Germany approves $13 billion Cyprus bailout to stem contagion

Apr 18, 2013
The overwhelming yes vote came after a warning from Germany's finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
Posted In: Germany, cyprus, bailout, Europe debt crisis

North Korea threatens; neighbors remain calm

Apr 12, 2013
Threats by North Korean leader Kim Jong Un to launch missiles and beef up his country's nuclear weapons capacity have left the economies of North Korea's regional neighbors largely unaffected, as our BBC partners report.
Posted In: North Korea

Global PC sales plunge, what's Microsoft got to do with it?

Apr 11, 2013
Personal computer sales fell by 14 percent around the world during the first quarter of this year, according to a new report from the research firm IDC.
Posted In: PCs, mobile, windows 8, computer

Portugal court throws austerity cuts for a loop

Apr 8, 2013
Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Posted In: Portugal, austerity, Europe debt crisis

Is your office a zoo? Get down to monkey business

Apr 5, 2013
Ever look at your work colleagues and think they're all behaving like monkeys? Believe it or not, some businesses are finding inspiration in the world of chimps and other primates -- and taking what they learn back to the boardroom.
Posted In: monkeys

Japan central bank hopes a bold bond buy will solve an old problem

Apr 4, 2013
Japan is fed up with deflation and a sluggish economy, and its central bank is getting aggressive. Today, the Bank of Japan launched a sweeping bond-buying program to pump money into the economy.
Posted In: Japan, bonds, Shinzo Abe

Jamaican power company reacts to electricity theft

Apr 4, 2013
Power costs in Jamaica are among the highest in the Caribbean. Many poor people have devised ways to get their supply free and illegally. Now the utility company is cracking down on this theft.
Posted In: Jamaica, electricity, power grid

North Korea blocks off industrial zone, border trade

Apr 3, 2013
Tensions rise on the Korean Peninsula as North Korea blocks South Korean worker access to an industrial zone along the border of the two countries.
Posted In: North Korea, South Korea

Cyprus banks re-open to crowds of eager customers

Mar 28, 2013
Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what they can do with that money once they have it.
Posted In: cyprus, bailout, Europe debt crisis

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