Nokia said Thursday that its net loss widened in 2017, but that underlying profits improved, enabling the Finnish mobile phone maker to raise its forecasts for the coming years as operators prepare to roll out new lightning-fast 5G technology. 

Europe's economic recovery remains on track, with eurozone unemployment staying at its lowest level since January 2009, but inflation remains stubbornly low, official figures showed Wednesday.

OPEC member Kuwait plans to spend more than half a trillion dollars by 2040 to boost its oil and gas output and refining capacity, a top executive said on Wednesday.

The French economy notched up its fastest growth in six years in 2017, expanding by 1.9 percent, the national statistics institute INSEE calculated on Tuesday. 

Growth in the eurozone shot up in 2017, putting Europe at the center of a global recovery and on par with levels last seen before the financial crisis a decade ago, official data said Tuesday.

Australia's biggest bank was taken to court by the corporate watchdog Tuesday over allegations it rigged the benchmark interest rate.

The action follows a two-year regulatory probe into the Commonwealth Bank of Australia (CBA) -- one of several inquiries into the bank launched by regulators as scandals have engulfed the country's finance industry.

U.S. authorities on Monday announced fines and charges against three major European banks and eight individuals accused of manipulating futures markets for precious metals.

The International Monetary Fund is holding a two-day regional conference from Monday in Morocco with a message of reform amid growing "frustration" among the population of some Arab states.

France may no longer be the eurozone's deficit dunce but President Emmanuel Macron must do more to improve the country's finances "if he wants to be the leader in Europe," the EU's economy commissioner said Sunday.

Ikea founder Ingvar Kamprad, a farmer's son turned multibillionaire who revolutionized kit furniture, has died aged 91, leaving behind a global empire under investigation over its tax practices, the firm said Sunday.