Author : EW News Desk Team

Facebook was one the most highly anticipated and long-awaited initial public offerings in years. However, since its float in mid-May, the Internet company’s dismay performance has led to investors...

Inmates from a Brazilian prison in the south-eastern state of Minas Gerais can now shorten their sentences simply by cycling every day, reported the Associated Press on Tuesday, after...

Iran’s oil output has fallen dramatically since the most recent European and US sanctions came into effect on July 1. However, analysts have warned that the “full scale of...

An Athens-based think-tank has said that the Greek economy will shrink more than forecast this year, as rising unemployment and spending cuts take its toll on demand, slowing down...

Foreign ministers from the 10-member Association of Southeast Asian Nations (ASEAN) have agreed to key points surrounding maritime boundaries in the South China Sea and are prepared to reach...

Public employees in Spain may soon have their workdays extended by a few hours each day, reported the Wall Street Journal on Monday, with the government looking to boost...

Chinese Premier Wen Jiabao has warned that China faces serious “downward pressures” and added that China will have to adopt aggressive stimulus measures to achieve its 2012 growth target....

Muslims may throw away more than 40 percent of all food prepared daily during the upcoming Ramadan, warned a top Bahraini environmentalist on Monday, with global demand for essential...

China, the world’s second largest economy, will report its second-quarter results this Friday and the analysts are expecting the results to be “one of the worst in at least...

Hundreds of French sex workers turned up on the streets of Paris on Saturday, reported Reuters, to protest a government plan to make prostitution illegal and criticise a French...