As Washington has tightened its belt in recent years, the budget cuts have sliced most deeply in states where President Obama is unpopular, according to an analysis of federal spending by Reuters.
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Shell signs $11 billion deal to build petrochemicals plant in Iraq
Royal Dutch Shell (RDSa.L) has signed a deal with Iraq worth $11 billion (7 billion pounds) to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said on Wednesday.
Brazil's Rousseff urges cabinet to back belt-tightening
Brazil's President Dilma Rousseff urged her cabinet on Tuesday to embrace fiscal belt-tightening and other measures aimed at restoring business confidence and growth in her second term.
In Russia, crisis deepens slide in living standards for pensioners
For Boris Lisitsyn, Russia's financial crisis means less meat, cheese and sausage - hardships the 86-year-old says won't kill him anytime soon.
U.S. FCC warns against blocking personal Wi-Fi access
The U.S. Federal Communications Commission on Tuesday warned hotels and other entities against blocking personal Wi-Fi access, or hot spots, saying it was illegal and could incur heavy fines.
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Medical device maker Abiomed Inc (ABMD.O) raised its full-year revenue forecast and said the U.S. Food and Drug Administration had approved its heart pump, sending its stock nearly 32 percent in extended trading.
Apple Inc (AAPL.O) quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the United States remained the top iPhone market.
The top U.S. trade official told lawmakers on Tuesday an ambitious Pacific trade pact could be wrapped up within months as he urged Congress to back the administration's trade agenda.
EU finance ministers agreed on Tuesday to loan Ukraine 1.8 billion euros ($2.0 billion) to help save it from bankruptcy, leaving open the option of increasing aid at a later stage.
Ratings agency S&P cut Russia's sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade.
Japanese cinemas rang up a healthy rise in ticket sales in 2014 as blockbuster animation film "Frozen" eclipsed an otherwise lackluster show by Hollywood, industry data showed on Tuesday.
China's Premier Li Keqiang pledged to create at least 10 million new jobs in 2015, the state run China Daily newspaper said on Tuesday, despite economic growth that slowed to its weakest pace in nearly a quarter of a century last year.
Cruise operator Carnival Corp is in talks with state-owned China Merchants Group Ltd (CMG) to develop a new cruise line for the fast-growing China market, the U.S. firm said in a statement on Tuesday.
Euro zone finance ministers said they were ready to work with the new anti-bailout government Greek government, but warned the country that its deep economic problems had not changed because of an election, the chairman of the ministers said on Monday.
