Brussels--The EU on Tuesday gave France a further two years until 2017 to bring its budget deficit back into line with Brussels rules,...
Brussels--The EU on Tuesday gave France a further two years until 2017 to bring its budget deficit back into line with Brussels rules,...
Sao Paulo--Shares in Brazilian oil giant Petrobras fell more than six percent Wednesday after ratings agency Moody's downgraded the scandal-plagued company for the...
Paris--French aircraft engine maker Safran, which supplies Airbus and Boeing, posted a 4.6 percent rise in adjusted profit to 1.25 billion euros ($1.42...
New York--Wall Street stocks dipped from record highs in opening trade Wednesday following mixed earnings reports. Five minutes into trade, the Dow Jones...
London--Companies that bombard customers with nuisance calls and texts could face large fines under changes to British law announced Wednesday that make it...
Cape Town--The South African government raised taxes and scaled back spending plans in its annual budget Wednesday as Africa's most developed economy wrestles...
London--World oil prices rose Wednesday, but gains were limited before a key report expected to show further build-up in US crude inventories, dealers...
Madrid--Spain's Telefonica on Wednesday reported a 34.7 percent plunge in profits to 3.0 billion euros ($3.4 billion) in 2014, citing Venezuela's economic crisis...
Riyadh--Saudi Arabia's stock market regulator on Wednesday suspended trading in one of the country's major telecommunication firms, Etihad Etisalat, after the company reported...
Berlin--German Finance Minister Wolfgang Schaeuble stressed Wednesday that Greece, having won breathing space in its debt talks, will not receive "a single euro"...
Sydney---Australian shopping centre giant Westfield Corp. on Wednesday posted a US$582 million half-year net profit, driven by growth in income from its flagship...
Montreal---After US President Barack Obama vetoed a bill to expedite construction of the Keystone XL pipeline Tuesday, petroleum producers are expected to turn...
Paris---European SIM maker Gemalto said Wednesday it had suffered hacking attacks that may have been conducted by US and British intelligence agencies but...
Tokyo---Japan's tourism industry is taking a 3,000-strong delegation to China this year, a lawmaker said Wednesday, as Tokyo looks to capitalise on its...
Hong Kong---Hong Kong's leadership Wednesday blamed months of pro-democracy protests as the economy fell well short of predicted growth in 2014, and said...
Prime Minister Alexis Tsipras Athens---The hard work for Greece's new anti-austerity government began Wednesday after it secured an extension to its lifeline financial...
Abu Dhabi---Russia is seeking backing from Abu Dhabi investors to build a giant airport in Cuba seen as an international gateway to Latin...
RIYADH: Oil prices have started to stabilise around current levels of $60 a barrel and demand is showing signs of improving in Asia...