Economy

Obama, Merkel push for TTIP trade deal as foreign crises weigh

Obama, Merkel push for TTIP trade deal as foreign crises weigh

U.S. President Barack Obama said on Sunday he would do whatever he could to advance a controversial trade deal with…
IMF says it’s encouraged by Gulf’s economic reform plans

IMF says it’s encouraged by Gulf’s economic reform plans

The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters…
China ban on Apple services is a challenge for key growth area

China ban on Apple services is a challenge for key growth area

The blocking of Apple mobile entertainment services in China poses fresh challenges for the tech company as it prepares to…
Panama raids Mossack Fonseca property, seizes shredded papers

Panama raids Mossack Fonseca property, seizes shredded papers

Panamanian investigators on Friday raided a property used by Mossack Fonseca, the law firm at the center of a massive…
Toyota to launch plug-in, hybrid cars in China in 2018

Toyota to launch plug-in, hybrid cars in China in 2018

Toyota Motor Corp plans to sell heavily electrified, so-called plug-in hybrid cars in China starting in 2018, its head of…
US not against foreign banks dealing with Iran: Kerry

US not against foreign banks dealing with Iran: Kerry

The United States is not opposed to foreign banks doing business with Iran in line with the terms of last…
Turkey releases Polly Peck fraudster Nadir after repatriation from Britain

Turkey releases Polly Peck fraudster Nadir after repatriation from Britain

Turkish Cypriot businessman Asil Nadir, jailed in Britain in 2012 for stealing millions from his business empire, was released in…
Libya’s NOC says eastern government tried to export 650,000 barrels

Libya’s NOC says eastern government tried to export 650,000 barrels

Libya's National Oil Corporation (NOC) said the country's eastern government attempted to export 650,000 barrels of oil this week, but…
Lenders ask Greece to prepare contingency package of extra reforms

Lenders ask Greece to prepare contingency package of extra reforms

International lenders asked Greece on Friday to prepare a package of additional savings measures which would be passed into law…
Oil heads for third week of gains as sentiment turns upbeat

Oil heads for third week of gains as sentiment turns upbeat

Oil prices rose on Friday towards US$45 a barrel, heading for a third straight week of gains as market sentiment…
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