Whites dominate top roles in UK companies: Green Park Study
Whites dominate top roles in UK companies: Green Park Study

Most of Britain's top 100 companies prefer to have all-white boardrooms, a study has found. (File photo) Almost six in 10 of the m...

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‘Saudi-led enforcement blockade stopping cash flights, strangling Yemen’s economy’
‘Saudi-led enforcement blockade stopping cash flights, strangling Yemen’s economy’

In this file photo, a Yemeni woman and her children beg drivers for money. (Photo by Getty Images) The Central Bank of Yemen has censure...

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US President Donald Trump outbursts wipe $1 trillion off markets
US President Donald Trump outbursts wipe $1 trillion off markets

The recent escalation in the Korean crisis has dampened interest in risk assets such as equities and industrial commodities. US Presiden...

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Russia vows move to cut reliance on US payment systems and the dollar
Russia vows move to cut reliance on US payment systems and the dollar

Russia says it plans to speed up work on reducing its dependence on US payment systems and the dollar. Russia will speed up work on redu...

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China's July foreign exchange reserves rise to above $3tn
China's July foreign exchange reserves rise to above $3tn

China’s foreign exchange reserves increased to a nine-month high in July in what appears to have been much higher than what the analysts h...

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US auto giant General Motors recalls 800,000 trucks worldwide over steering defect
US auto giant General Motors recalls 800,000 trucks worldwide over steering defect

General Motors Chevrolet Silverado year model 2014. (Photo by AP) US auto giant General Motors has recalled nearly 800,000 pickup trucks...

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UK economic growth to remain ‘sluggish’: Bank of England
UK economic growth to remain ‘sluggish’: Bank of England

Bank of England Governor Mark Carney addresses the media during a press conference to deliver the quarterly inflation report in London on ...

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Poland to become European hub for US gas
Poland to become European hub for US gas

Poland's President Andrzej Duda has unveiled a plan that would make it the European hub for imports of natural gas from the US. Pola...

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Russia to supply China with gas by end-2019
Russia to supply China with gas by end-2019

Russian President Vladimir Putin (R) and his Chinese Xi Jinping (L) applaud during a signing ceremony in the Kremlin in Moscow on July 4, ...

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African Export-Import Bank Afreximbank throws Dangote $1b lifeline
African Export-Import Bank Afreximbank throws Dangote $1b lifeline

Africa’s major conglomerate -Dangote Industries Limited,emerged the largest recipient of $1b facility from the region’s biggest trade ba...

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British economy slowed sharply in early 2017: Report
British economy slowed sharply in early 2017: Report

Official data show the British economy has undergone a sharp slowdown in early 2017 as surging inflation has brought about an unprecedente...

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European Union may fine Google $1.2 billion over anti-competitive practices: Reports
European Union may fine Google $1.2 billion over anti-competitive practices: Reports

The stand of Google is pictured at the Viva Technology event in Paris on June 15, 2017. (Photo by AFP) The European Union is reportedly ...

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Billionaire businessman Andrej Babis says Czech Republic wants ‘no euro’
Billionaire businessman Andrej Babis says Czech Republic wants ‘no euro’

Billionaire businessman Andrej Babis who is seen as the next likely prime minister of the Czech Republic says his country will do better w...

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Italy to pay €17 billion to rescue failing banks
Italy to pay €17 billion to rescue failing banks

The Italian government says it has released €5.2 billion in emergency funding to rescue two failing banks - Banca Popolare di Vicenza and ...

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Russian gas operator Novatek eyeing Qatar’s LNG crown
Russian gas operator Novatek eyeing Qatar’s LNG crown

Russian gas operator Novatek says it has ambitious plans to topple Qatar as the world’s biggest exporter of liquefied natural gas (LNG). ...

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People in Kosovo votes amid concerns for economy, border
People in Kosovo votes amid concerns for economy, border

A man casts his ballot at the polling station in Pristina on June 11, 2017 during early parliamentary elections in Kosovo. (AFP photo) P...

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Austria allocates €1 billion credit line for Iran steel project
Austria allocates €1 billion credit line for Iran steel project

Austrian Finance Minister Hans Jörg Schelling. (Photo by IRNA) Austria says it has allocated a credit line of €1 billion for a major ste...

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Rupture in Arab ties: Impact on Qatar economy
Rupture in Arab ties: Impact on Qatar economy

A man buys water at a shop in the Qatari capital of Doha, June 5, 2017. (Photo by AFP) Saudi Arabia has shepherded some of its regional ...

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US President Donald Trump’s decision on Paris deal to affect foreign direct investment: UN
US President Donald Trump’s decision on Paris deal to affect foreign direct investment: UN

The United Nations Secretariat Building at the United Nations headquarters in New York City, the US. (File photo) President Donald Tru...

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Russian President Vladimir Putin hosts Indian premier Narendra Modi at Russia’s economic showcase
Russian President Vladimir Putin hosts Indian premier Narendra Modi at Russia’s economic showcase

Russia’s President Vladimir Putin (L) and Prime Minister Narendra Modi look on during the exchange of agreements and joint press stateme...

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