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    <title>World Business News - The West Australian</title>
    <description>The West Australian brings you all the latest business news on international companies, coverage of world markets and currencies.</description>
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      <title><![CDATA[IMF chief avoids charges in French payout scandal (AFP)]]></title>
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      <description><![CDATA[PARIS (AFP) - IMF chief Christine Lagarde avoided immediate charges but was named an "assisted witness" after French prosecutors grilled her for two days over a state payout to a disgraced tycoon when she was finance minister.]]></description>
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      <pubDate>Sat, 25 May 2013 13:28:25 +0800</pubDate>
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      <title><![CDATA[News Corp to take charge of up to $1.4 billion this quarter (Reuters)]]></title>
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      <description><![CDATA[By Jennifer Saba <br/>              (Reuters) - News Corp <NWSA.O> said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion (925.4 million pound...]]></description>
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      <pubDate>Sat, 25 May 2013 07:48:38 +0800</pubDate>
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      <title><![CDATA[US markets turn sober after Japan plunge (AFP)]]></title>
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      <description><![CDATA[NEW YORK (AFP) - The 7.3 percent plunge in Japanese stocks during the week injected needed sobriety into US markets, but they showed a resilience that cheered investors worried about protecting the year's gains.]]></description>
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      <pubDate>Sat, 25 May 2013 07:08:46 +0800</pubDate>
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      <title><![CDATA[Bankia sells City National Bank for 683m euros (AFP)]]></title>
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      <description><![CDATA[MADRID (AFP) - Spain's bailed-out lender Bankia on Friday announced it would sell City National Bank of Florida to Chile's BCI for around 683 million euros ($883 million).]]></description>
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      <pubDate>Sat, 25 May 2013 06:55:27 +0800</pubDate>
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      <title><![CDATA[Visa, Mastercard ask U.S. court to declare card fees are lawful (Reuters)]]></title>
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      <description><![CDATA[By Jessica Dye <br/>              NEW YORK (Reuters) - Visa Inc <V.N> and MasterCard Inc <MA.N>, opening another front in an eight-year battle over credit card fees paid by retailers, on Frida...]]></description>
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      <pubDate>Sat, 25 May 2013 05:44:31 +0800</pubDate>
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      <title><![CDATA[Bausch & Lomb near $9 bn sale to Valeant: source (AFP)]]></title>
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      <description><![CDATA[NEW YORK (AFP) - Canadian pharmaceutical company Valeant is close to a deal to acquire US eye health company Bausch & Lomb for about $9 billion, a person familiar with the matter said Friday.]]></description>
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      <pubDate>Sat, 25 May 2013 05:15:01 +0800</pubDate>
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      <title><![CDATA[News Corp approves Murdoch split for June 28 (AFP)]]></title>
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      <description><![CDATA[NEW YORK (AFP) - News Corp's board on Friday approved the break-up of the conglomerate into two independent companies, separating the high-flying entertainment assets from the struggling newspaper operations.]]></description>
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      <pubDate>Sat, 25 May 2013 05:14:58 +0800</pubDate>
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      <title><![CDATA[Chile slaps $16 million fine on Canada mine company (AFP)]]></title>
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      <description><![CDATA[SANTIAGO (AFP) - Chile's environmental authorities slapped a $16.]]></description>
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      <pubDate>Sat, 25 May 2013 04:58:29 +0800</pubDate>
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      <title><![CDATA[Swiss free trade deal underscores China's globalisation: Li (AFP)]]></title>
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      <description><![CDATA[BERNE, Switzerland (AFP) - Chinese Premier Li Keqiang on Friday hailed a free trade deal with Switzerland as a landmark achievement, saying it had "huge meaning" for global trade and underscored Beijing's growing openness to the world.]]></description>
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      <pubDate>Sat, 25 May 2013 03:28:15 +0800</pubDate>
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      <title><![CDATA[Deutsche Post files EU complaint against German email law (Reuters)]]></title>
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      <description><![CDATA[DUESSELDORF (Reuters) - Deutsche Post <DPWGn.DE> has filed a complaint with the European Commission against a German law that will require government agencies and public services to use a rival ...]]></description>
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      <pubDate>Sat, 25 May 2013 03:19:51 +0800</pubDate>
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