Business

REUTERS photo China will defend its rights under World Trade Organization tariff rules if U.S. President-elect Donald Trump moves toward executing his campaign threats to levy punitive duties on goods …

AFP photo Germany’s flagship carrier Lufthansa said it would cancel nearly 900 flights on Nov. 23 because of a strike by pilots, causing travel disruptions for tens of thousands of …

Britain’s first post-Brexit budget will focus on infrastructure and could spell an end to the previous government’s rigid fiscal targets, according to a treasury statement released on Nov. 20. The …

AFP photo Iranian Oil Minister Bijan Zanganeh expressed optimism on Nov. 19 about an upcoming OPEC meeting and said crude prices could jump to $55 a barrel if an agreement …

The number of Britons buying homes abroad has slumped since June’s vote to leave the European Union and there are signs that thousands of families will react to the fall …

Prime Minister Binali Yıldırım defines Africa as the ‘continent with a future.’ Africa is a “continent with a future,” Turkish Prime Minister Binali Yıldırım said at the gala dinner of …

AP photo Nearly 130,000 people lost their jobs in recession-hit Argentina from January to September this year, the government said on Nov. 17. Companies reported a total of 127,595 job …

REUTERS photo Automaker Volkswagen has said it will shed 30,000 jobs to cut costs as it tries to recover from its diesel emissions scandal and invests more in electric-powered vehicles …

Central and West African countries have promised to protect their tropical forests from being cut down to make way for palm oil crops, in a declaration signed on Wednesday by …

Kuwait must enact further subsidy reforms to trim its budget deficit resulting from low oil prices despite political sensitivity, the International Monetary Fund has said. Posting its first budget shortfall …