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ATHENS, May 16 - Debt-stricken Greece must prepare for its second elections in less than two months after failing to form a government, exacerbating the eurozone crisis which France and Germany vowed to resolve. The election, expected on June 17, follows an inconclusive poll on May 6 when a majority of Greeks expressed their opposition to the austerity measures which Athens agreed to in return for a massive EU-IMF bailout late last year. "We are going again towards elections ... under very bad conditions," Pasok party leader Evangelos Venizelos said Tuesday after the last-ditch talks failed. "The Greek people must now make More...
SYDNEY, May 14 - Australia has enough gas reserves to maintain current production for almost 200 years, a report released Monday showed, supporting the nation's push to become a global exporter to rival Qatar. The nation More...
Singapore, May 11 - US consumer giant Procter and Gamble (P&G) said Friday it will relocate top executives in its skin, cosmetics and personal care unit to Singapore to capitalise on the burgeoning Asia-Pacific market. The More...
TOKYO, May 11 - Sony and Panasonic shares plunged to their lowest levels in more than three decades on Friday as investors fretted about the future prospects for two of Japan's most iconic firms amid More...
TOKYO, May 11 - Nissan on Friday posted a $4.28 billion full-year net profit and record sales as the Japanese automaker shrugged off the devastating impact of last year's quake-tsunami disaster on production. Japan's second-biggest automaker More...
ATHENS, May 10 - Athens-based Coca Cola Hellenic Bottling (CCHBC) reported on Thursday a net loss of 28.4 million euros ($37 million) in the first quarter of 2012, up from 8.9 million a year More...
Singapore, May 10 - Singapore Airlines (SIA) said Thursday it is exploring partnerships in India and China as it looks to guard against increased competition and global economic uncertainty. "There is always a constant look at More...
Seoul, May 10 - The World Bank urged global governments Thursday to heed the environment when pursuing prosperity, rejecting what it called a myth that green growth is a luxury most countries cannot afford. The bank More...
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