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IMF: Greece on a good path to recovery
GreeceTuesday June 4, 2013 7:20AM ET
International Monetary Fund (IMF) completed the third review of Greece's performance supported by an Extended Fund Facility (EFF) arrangement.
China to make investment easier
China businessTuesday June 4, 2013 4:29AM ET
China's State Council announced reforms of 133 items that require top-level approval, including rights on investment, which will be delegated to lower-level governments.
Cuba to develop connections with China, EU
CubaMonday June 3, 2013 10:41AM ET
A senior Communist Party of China (CPC) official said that China is willing to expand cooperation with Cuba which is also seeking help in Europe.
Iran ready to sell oil equipment to U.S.
IranMonday June 3, 2013 8:52AM ET
Iran announced that it has the world's fourth biggest cyber army but it is ready to focus on business and sell home-made petrochemical equipment to the United States.
France: EU can't give us orders
Germany FranceMonday June 3, 2013 5:15AM ET
Germany is pressing France to pursue an economic overhaul in return for getting more time to cut its budget deficit but French President Francois Hollande says that nobody will dictate to him.
Africa's economy will grow if governments help
AfricaFriday May 31, 2013 9:00AM ET
Africa could grow and help the global economy but without help from governments business people won't be able to do much.
Europe to create unified transport network
Europe roadsFriday May 31, 2013 5:55AM ET
The European Commission, the Council and the Parliament signed an agreement to transform the patchwork of European roads, railways, airports and canals into a unified transport network (TEN-T).
Canada bans almost all trade with Iran
Canada IranFriday May 31, 2013 2:29AM ET
Canada strengthened sanctions against Iran adding 30 individuals and 82 entities to a blacklist and banning almost all trade with the country.
Pacific Alliance is the new economic power
Pacific AllianceThursday May 30, 2013 7:08AM ET
While the eyes of the business world are on the U.S., Europe and China, a new powerful economic alliance was created almost in the shadow.
Israeli and Palestinian leaders: war is bad for business
Israel Palestine businessWednesday May 29, 2013 11:45AM ET
Nearly 200 leading Israeli and Palestinian business leaders of some of the largest companies called for their governments to urgently end the conflict between their two peoples.
OECD to governments: unemployment is at dangerous levels
OECD unemploymentWednesday May 29, 2013 6:32AM ET
The global economy is moving forward but unemployment is a ticking bomb, said Organisation for Economic Cooperation and Development (OECD) in its latest Economic Outlook.
France declared war on tax avoidance
France taxesTuesday May 28, 2013 8:34AM ET
France Budget Minister Bernard Cazeneuve said French taxpayers with bank accounts abroad must make them known to authorities now or face tough penalties.