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India experiences massive power outages

Jul 31, 2012
Today blackouts in northern India spread to the eastern states, affecting half of the country's 1.2 billion people. Many office buildings are running on generators; More than a hundred trains were stranded in the summertime heat.
Posted In: India, power

Eurozone crisis hits Shell, other earnings

Jul 26, 2012
The crisis in the eurozone is hitting profits everywhere; Anglo-Dutch oil giant "Shell" is the latest. Shell says this morning earnings fell 13 percent compared to the same quarter last year. This follows a string of U.S. companies blaming Europe.
Posted In: Earnings, Shell, Eurozone

Eight charged in U.K. phone hacking scandal

Jul 24, 2012
Eight people have been charged in the phone hacking scandal that closed down Rupert Murdoch's paper, News of the World. Prosecutors allege the employees took part in the illegal interception of voicemail messages of more than 600 people.
Posted In: Rupert Murdoch, News of the World

Germany's strength doesn't protect from Moody's downgrade

Jul 24, 2012
Moody's Investors Service has lowered the outlook for the credit ratings of three of Europe's strongest economies: Luxembourg, the Netherlands and Germany. It's part of a busy day in Europe that has investors on-edge -- markets there are barely moving.
Posted In: Germany, Moody's, downgrade

Indian factory experiences dangerous worker riots

Jul 20, 2012
Employee riots at India's largest car-maker -- Maruti -- have burned down part of the factory, shut down the plant and killed a human resources manager.
Posted In: India, riots, carmakers, labor

Chinese companies predict falling profits

Jul 18, 2012
Some of China's biggest companies are warning that profits for the first half of this year could be cut in half. It's the latest evidence of an economic slowdown in China and gives you a sense of how big that slowdown might be.
Posted In: China

Russian rocket carries U.S. astronaut for pay

Jul 16, 2012
Yesterday the Russian Soyuz spacecraft launched and is now on its way to the International Space Station. Since retiring their own shuttle program, NASA has been paying Russia millions of dollars to get astronauts into space.
Posted In: space, NASA, Russia, Kazakhstan

China reports slower GDP growth at 7.6%

Jul 13, 2012
Economic growth numbers from China did not fail to live up to the hype. China's GDP growth slowed in the latest quarter to to 7.6 percent -- the slowest in three years.
Posted In: China, Gross Domestic Product (GDP)

Tenants angry over Olympic plans for missiles

Jul 9, 2012
Residents of some apartment buildings in London are upset that the British military plans to put anti-aircraft weapons on their roofs during the Olympic games.
Posted In: London, Olympics 2012

Government report blames Fukushima disaster on culture

Jul 5, 2012
A Japanese government report on the Fukushima nuclear crisis puts the blame squarely on culture -- namely, a cozy relationship between politicians, regulators and the nuclear power industry. It goes so far as to suggest the accident might have occurred even without an earthquake and tsunami.
Posted In: Japan, tsunami, Tepco

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About this collection

A collection of world economic and business stories in collaboration with the BBC.