Monday, 25 July 2011

Iran signs $10 billion gas deal with Syria and Iraq

Iran on Monday signed a preliminary $10 billion deal with Syria and Iraq to export its natural gas, its latest effort to boost its energy sector that has been targeted by international sanctions.

Clinton says 'confident' of deal on US debt crisis

U.S. Secretary of State Hillary Rodham Clinton is in Hong Kong to extol the virtues of American financial policies and values despite the currently poor state of the economy and the stalemate over the national debt.

Toyota output and sales dip in first half of the year

Japanese auto giant Toyota said on Monday domestic production in the first half of 2011 tumbled 38 percent due to the impact of the March 11 disasters, before mounting a faster-than-expected recovery.
Domestic sales slipped 41 percent in the six months to June to 500,638 units.