Brasília--Brazil will sell off 269 blocks of oil this year to international operators, albeit none in potentially highly lucrative so-called pre-salt areas lying...
Brasília--Brazil will sell off 269 blocks of oil this year to international operators, albeit none in potentially highly lucrative so-called pre-salt areas lying...
Brasília--Brazil on Monday posted a $491 million trade surplus for April, taking an accumulated deficit for the year to date to $5.066 billion,...
LONDON: European markets opened firmer on Tuesday after an extended weekend break, bucking fears of slowing demand from China and despite debt stand-off...
New York--The dollar and yen were slightly stronger against the euro in foreign exchange trade Monday, with Tokyo and London action muted for...
Hong Kong--Financial markets in Japan and South Korea are closed Tuesday for public holidays. AFP
Shanghai---Chinese shares closed down more than four percent on Tuesday, as investors fled the market on concerns about liquidity and worries over growing...
Margrethe Vestager Brussels---The EU may probe sweetheart tax deals that US fast food icon McDonald's allegedly agreed with Luxembourg, the bloc's competition chief...
US Federal Reserve chairwoman Janet Yellen New York---US Federal Reserve chairwoman Janet Yellen on Monday said the central bank was cooperating with authorities...
London---Scandal-hit global bank HSBC said Tuesday that net profits climbed by almost one percent in the first quarter, aided by a "strong" performance...
Brussels---Greece's economy suffered an alarming slump in the first three months of 2015, the European Commission said on Tuesday, in a dangerous development...
Brussels---The EU raised its growth outlook for the eurozone in 2015 to 1.5 percent on Tuesday, as Europe took advantage of cheap oil...
Frankfurt---German semi-conductors giant Infineon on Tuesday raised its full-year sales targets on the back of the weaker euro and the first-time consolidation of...
Wang Yilin Shanghai ---China has replaced the heads of its three biggest energy companies, the firms said in separate statements, as speculation mounts...
French Foreign Minister Laurent Fabius Riyadh---France and Saudi Arabia are discussing economic projects worth tens of billions of euros, French Foreign Minister Laurent...
Shanghai---Chinese shares closed down more than four percent on Tuesday, as investors fled the market on concerns about liquidity and worries over growing...
New York---Morgan Stanley warned Monday it could lose some $292 million in a lawsuit filed by Deutsche Bank over subprime mortgages. Deutsche Bank,...
Zurich---Switzerland's biggest bank UBS Tuesday reported an 88 percent surge in first quarter profits, despite a strong franc, outstripping analysts' forecasts. Profits soared...
Dubai---Gulf oil exporters must reduce spending, including subsidies, and diversify their economies to cope with lower revenues caused by the sharp drop in...
