Business
Latest stories
ECB Says Strong Euro No Problem while Economy Grows

The European Central Bank believes its long-term support to the eurozone economy will overcome the strong euro's braking effect on inflation, board member Benoit Coeure said Monday.

W140 Full Story
Canada's Eldorado Gold to Suspend Investment in Greece

Canada's Eldorado Gold announced early Monday it would suspend investment in mining operations in Greece due to what it said were delays by the Greek government in issuing permits.

W140 Full Story
Turkey Economy Picks Up in Second Quarter

Economic growth in Turkey picked up speed in the second quarter, and will likely exceed the government's target for the whole year,  official data showed on Monday. 

W140 Full Story
China Looks at Ending Sales of Gasoline Cars

China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars.

China's industry ministry is developing a timetable to end production and sale of traditional fuel cars and will promote development of electric technology, state media on Sunday cited a Cabinet official as saying.

W140 Full Story
China's Ever-Tighter Web Controls Jolt Companies, Scientists

Frank Chen's e-commerce business has nothing to do with politics but he worries it might be sunk by the Communist Party's latest effort to control what the Chinese public sees online.

Chen's 25-employee company sells clothes and appliances to Americans and Europeans through platforms including Facebook, one of thousands of websites blocked by China's web filters. Chen reaches it using a virtual private network, but that window might be closing after Beijing launched a campaign in January to stamp out use of VPNs to evade its "Great Firewall."

W140 Full Story
Thousands Rally in London to Protest Britain's Exit from EU

Thousands marched Saturday to Parliament in central London to protest Britain's plan to withdraw from the European Union.

Organizers of the "People's March for Europe" said the goal was to "unite, rethink and reject" the Conservative government's plan to implement Brexit by 2019. Some protesters carried the EU flag while others carried an "Exit from Brexit" banner.

W140 Full Story
Former UK Leader Advises Immigration Curbs instead of Brexit

Former British Prime Minister Tony Blair is proposing tough new immigration rules as part of a plan to keep Britain from leaving the European Union.

The longtime Brexit opponent said Sunday that controlling immigration from other EU countries would satisfy the British public's demands without having to take Britain out of the 28-nation bloc.

W140 Full Story
Venezuela to Sell Oil in Currencies Other Than Dollar

Venezuelan President Nicolas Maduro announced Friday his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country.

W140 Full Story
China's CEFC Buys into Russian Oil Giant Rosneft

Swiss commodities trader Glencore said Friday it is selling a major part of a stake it only recently acquired in Russian oil giant Rosneft to Chinese conglomerate CEFC. 

W140 Full Story
EU to Seek Google Tax Reform

EU finance ministers are set to discuss changing rules so that tech giants such as Google or Facebook are on the hook to pay more taxes in Europe, according to an EU document seen by AFP on Friday.

W140 Full Story