Business

AA photo Ethiopia and Turkey signed five cooperation agreements in the Ethiopian capital Addis Ababa on Dec. 28, setting out mechanisms to facilitate more trade between the two countries.   …

Delta Air Lines Inc said on Tuesday that in agreement with Boeing Co (BA.N) it would cancel an order for 18 787 Dreamliner aircraft, which it assumed as a part …

REUTERS photo Iran’s national carrier Iran Air on Dec. 22 completed an order for 100 Airbus planes with a list price of around $20 billion (19 billion euros) as the …

London’s high court found Turkey had no rights over British assets that are part of the Koza İpek media and mining conglomerate, owned by Akın Ipek, whose businesses have been …

Taobao, the online bazaar is run by Alibaba Group Holding Ltd The United States on Wednesday returned Taobao, China’s most popular consumer-to-consumer shopping website, to its blacklist of “notorious marketplaces” …

Anheuser-Busch InBev has agreed to sell its majority stake in Africa’s largest Coke bottler to the Coca Cola Company for $3.15 billion, the final planned divestment following its purchase of …

Aviation staff have launched an indefinite strike targeting Arik Airlines, Nigeria’s largest carrier, amid a dispute over salary arrears and contracts, three trade unions said. Nigeria is in its first …

AP photo British oil giant BP secured a 10-percent share in an onshore oil concession in Abu Dhabi on Dec. 17 in a deal worth $2.2 billion, the companies said. …

AFP photo Beijing’s city government ordered 1,200 factories near the Chinese capital, including a major oil refinery run by state oil giant Sinopec, to shut or cut output on Dec. …

Ethiopia inaugurated on Friday a 1.5-billion-euro ($1.57 billion) hydropower plant along the Omo River in the country’s south that will nearly double total electricity output to 4,238 megawatts (MW). With …