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Inside Cuba, small businesses ramp up tourism offer

Communist Cuba's recent easing of red tape for private enterprise is improving services for tourists in provincial towns on the Caribbean island, with hundreds of new restaurants and lodgings opening up.
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Snow hits UK retail sales

UK retail sales slid 0.8 per cent in December as food, petrol and clothing sales remained under pressure and the adverse effects of the snow dented high street spending.
A vendor arranges vegetables at a market in Lucknow in this May 6, 2010 file photo.

Possible solutions to high food inflation

India's food inflation eased for the second straight week due to lower fruit and vegetable prices, data showed on Thursday, but an acceleration in headline inflation in December is likely to put pressure on the central bank to raise rates at a policy review next week.
Gill Marcus

S.Africa leaves repo rate at 5.5 percent

South Africa's Reserve Bank left its repo rate steady at 5.5 percent as expected on Thursday, citing an improving economic outlook and sustained recovery in domestic consumption.
A vendor arranges vegetables at a market in Lucknow in this May 6, 2010 file photo.

Food inflation eases, but RBI action seen

Food inflation eased for the second straight week in January, tracking lower fruit and vegetable prices, but accelerating headline inflation in December is likely to put pressure on the Reserve Bank to raise rates at policy review on Jan. 25
Truworths

S.Africa retail sales jump in Nov

South Africa's retail sales growth expanded more than expected in November as consumer demand improved, further reducing lingering hopes that the central bank might cut its key repo rate on Thursday.
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Australia's Tatts eyes bank market to refinance A$700 mln

Australian gaming and wagering company Tatts Group Ltd is considering refinancing its A$700 million in bank debt with its existing lenders after tapping the U.S. private market in December, its chief financial officer said on Wednesday.

Mid-cap banks Q3 seen strong but outlook worrisome

Mid-cap banks are likely to report another strong quarter of healthy profits in Oct-Dec on robust credit growth, but stressed liquidity in a rising interest rate environment could obstruct growth going forward.

What's China's mini-QFII scheme all about?

China's securities regulator will begin a trial programme that allows local fund houses to raise money offshore for investment in the domestic financial market, two sources said on Monday.

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