Cameron is pushing for the reforms in the 27-nation bloc in a bid to repatriate certain powers from Brussels to appease the eurosceptic members of his Conservative Party. He has pledged to hold a referendum on Britain’s continued membership in the union. He left for Madrid on Monday saying he expected the EU submit to […]

Travel & Tourism, one of the world’s largest industries, outperformed the global economy in 2012 and grew faster than many other notable industries such as manufacturing, financial services, communications and retail. According to the World Travel & Tourism Council’s (WTTC) economic research, in 2012, Travel & Tourism grew its total contribution to GDP by 3% […]

Asian stocks outside Japan dropped, led by Chinese shares after the country reported more infections from a deadly new strain of bird flu. Japanese shares rose and the yen fell for a third day after the Bank of Japan (8301)’s record stimulus. AIA Group Ltd., the third-largest Asia-based insurer by market value, declined 1.4 percent […]

LONDON: British Prime Minister David Cameron visits Madrid, Paris and Berlin this week to press his case for reform of the European Union ahead of a referendum on his own country’s membership of the bloc. Before leaving for the trip on Monday he said he expected the 27-nation grouping would have to submit […]