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Britain sues EU over banker bonus cap
UK banksMonday September 30, 2013 9:29AM ET
Britain has launched a legal challenge to the European Union's cap on bankers' bonuses which London fears will hurt its financial industry.
AfDB to give $43.27m for water in Sierra Leone
Sierra LeoneMonday September 30, 2013 7:59AM ET
The Board of Directors of the African Development Bank (AfDB) Group approved $43.27 million to finance Sierra Leone's Rural Water Supply and Sanitation Project, which aims to increase access to water and sanitation in the rural areas of the country.
Nigeria, China sign agreement to fund major power project
Nigeria ChinaMonday September 30, 2013 4:30AM ET
The governments of Nigeria and China furthered their mutual cooperation with the signing of approximately $1.293 billion agreement on a major power project in the West African country.
Indonesia to build submarines
Indonesia submarinesMonday September 30, 2013 2:49AM ET
PT PAL Indonesia, a state-owned enterprise in shipyard industry, should be able to make military submarine prior to 2025. The company's shipyard will be divided into two specialized sections.
ADB $220 million loan to help Uzbekistan
UzbekistanFriday September 27, 2013 12:03PM ET
The Asian Development Bank (ADB) will help overhaul a 45-year-old, inefficient water supply system in Bukhara and Navoi provinces in Uzbekistan.
Japan to give $3 billion for womenomics
Shinzo AbeFriday September 27, 2013 11:31AM ET
Japan will promote womenomics, a theory which asserts that the advancement of women in society is directly correlated with its growth rate.
EU and Poland to talk in court
EU PolandFriday September 27, 2013 10:30AM ET
The European Commission has decided to refer Poland to the EU Court of Justice for the illegal application of a reduced VAT rate to general medical equipment and pharmaceutical products.


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