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World Economy

  • Rate cuts, higher oil prices and easing tensions in Ukraine: Russia couldn't ask for a better combination to bring it back from the brink of crisis.

  • Alstom wind turbine.

    A U.S. fine for bribery pushed France's Alstom to a 719 million euro annual net loss - down from the previous year's 556 million profit.

  • Bottles of United Spirits. McDowell Signature, clockwise from top, Royal Challenge, and Antiquity whiskeys are displayed on the shelves of a liquor store.

    Sales growth in the global alcoholic drinks industry remained sluggish, hit by slowing growth in China and a downturn in Russia.