NEW DELHI: Unfazed by the global financial crisis, Finance Minister P Chidambaram on Friday asserted that fundamentals of the Indian economy are strong and that savings in banks are “completely safe''.

(AP:NICE, France) The 15-nation euro zone economy isn't on the edge of recession and doesn't need a major spending program to boost growth, Luxembourg Prime Minister Jean-Claude Juncker said Friday after leading talks between euro finance ministers.

China's increased openness to the global economy means more opportunities for U.S. companies, says Greenberg Traurig's new Shanghai-based partner, Peter Neumann, who spoke last week at a Georgia Tech conference on doing business in China. But he warned

Cadbury ’s chief executive said the outlook for the global economy was “scary” and that the confectionery company might reshape its board and sell its Australian drinks brand to meet profit targets.

Exactly one week after oil workers of ExxonMobil Corporation in Nigeria commenced industrial action over what they alleged to be the company's insensitivity to their plight, Nigeria's crude oil production has begun to shiver and creating an unsettled ef