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SAfrica enters recession

PRETORIA, May 26 – South Africa entered its first recession since apartheid as the global crisis pounded demand for its main exports, leaving growth...

May 26, 2009

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Jet Airways warns of challenging year

MUMBAI, May 26 – India\’s largest private-sector airline, Jet Airways, forecast Tuesday that business conditions will remain "challenging" due to recession after reporting it...

May 26, 2009

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Russia braces for more gloom

MOSCOW, May 26 – Russian officials on Tuesday announced an even gloomier economic outlook than previously anticipated after President Dmitry Medvedev urged government spending...

May 26, 2009

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Energy investment essential

ROME, May 26 – Investment in energy projects is "essential" and must go forward despite the global financial crisis, Group of Eight energy ministers...

May 26, 2009

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Canada to post much bigger deficit

OTTAWA, May 26 – The Canadian government will post a "substantially" larger deficit this year than forecast in its January budget as the economy...

May 26, 2009
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