Moscow,: Standard and Poor’s stripped Russia of its investment-grade rating on Monday, cutting it to “junk” status with a warning of weak growth....
Moscow,: Standard and Poor’s stripped Russia of its investment-grade rating on Monday, cutting it to “junk” status with a warning of weak growth....
The Minister of Finance H E Ali Sherif Al Emadi (right) and QCB Governor H E Sheikh Abdullah bin Saud Al Thani at...
Ottawa--Low oil prices could derail Canada's planned return to budget surplus in the fiscal year starting in April, an independent parliamentary officer said...
Sao Paulo--A steel plant making precision tubing in Brazil's Sao Paulo state closed its doors and laid off 770 workers, who are demanding...
Athens--The Athens stock market plunged more than six percent on Tuesday amid jitters over whether the new far-left government will renege on Greece's...
Moscow--Russian gas giant Gazprom said Tuesday that a planned pipeline to Turkey will be in service by end 2016, piling pressure on the...
Washington--Orders for US durable goods dropped broadly in December, led by a sharp fall in transportation equipment, signaling some persistent weakness in the...
Brussels--France must repay the EU 1.07 billion euros ($1.2 billion) in agricultural aid paid to farmers due to fraud and mistakes over a...
Berlin--The German government is forecasting economic growth of 1.5 percent this year, higher than originally expected, according to the economy ministry's annual report...
Nicosia--Cyprus's battered economy will remain in recession in 2015, albeit shrinking a slower pace than last year, a survey by the University of...
New York—Deal-making in the tech sector jumped last year to the highest levels since the dot-com boom, a consultancy report said Tuesday. But...
Moscow--Moscow sought Tuesday to dismiss Standard and Poor's decision to downgrade Russia's credit rating to "junk" as politically motivated, while approving part of...
London--Oil prices steadied Tuesday near six-year lows, with gains capped by lingering concern about a global supply glut, weak demand and Greece's political...
Tokyo--Sony said Tuesday it has won permission to delay the release of its quarterly earnings report, after a cyber-attack damaged the computer network...
Stockholm--Swedish telecoms giant Ericsson said Tuesday its net profit plunged by over a third in the fourth quarter, dragged down by falling demand...
London--Britain's economy grew by 2.6 percent last year in the fastest annual pace since 2007, but slowed more sharply than expected in the...
Tokyo--The euro edged up against the dollar on Tuesday after plunging in the wake of the anti-austerity Syriza party's victory in Greek elections,...
Washington--The US budget deficit is expected to shrink in the current fiscal year but climb after 2017 as spending mounts on health and...
