Economy

Russia’s Gazprom said on Dec. 27 it had filed proposals with the European Commission aimed at resolving a five-year EU case over the Russian gas giant’s alleged monopoly practices. The …

REUTERS photo Russian nuclear group Rosatom would be interested in taking an equity stake in French peer Areva if the French government allows it, a top Rosatom executive said on …

Egyptian Oil Minister Tarek El Molla has signed three offshore oil and gas exploration and production deals worth a total of at least $220 million with France’s Total, Britain’s BP, …

Chinese Foreign Minister Wang Yi (R) shakes hands with his Sao Tome counterpart Urbino Botelho as the countries sign an agreement to restore diplomatic ties (AFP Photo/GREG BAKER) China promised …

REUTERS photo China’s non-financial outbound direct investment (ODI) is likely to hit 1.12 trillion yuan ($161.19 billion) in 2016 and foreign direct investment into China will total 785 billion yuan, …

Egyptian President Abdel Fattah al-Sisi  Egyptian President Abdel Fattah al-Sisi said on Saturday that the military’s economic activity accounted for no more than two percent of the country’s output, dismissing …

Greek Finance Minister Tsakalotos and Eurogroup President Dijsselbloem Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed after being frozen mid-month over …

AFP photo Credit Suisse and Deutsche Bank have been hit with a combined penalty of more than $12 billion over the sale of U.S. toxic debt, further hampering two of …

A Greek national flag flutters atop the parliament building in Athens A Greek law forcing employers to seek government approval for mass layoffs is too vague and violates European Union …

The World Bank has agreed to lend Zambia more than $100 million to reduce environmental health risks in polluted mining areas and support economic diversification. Mining is a major contributor …