President Donald Trump's choice to lead the World Bank is a firebrand critic of the world's largest anti-poverty lender -- an institution he has called wasteful, corrupt and overly generous to China. Those criticisms are similar to those expressed by others in the development community. But...

Mexican President Andres Manuel Lopez Obrador said Friday he would soon announce a rescue plan for troubled state oil company Pemex, suggesting it would be worth around $1.5 billion. Pemex is struggling under the weight of more than $100 billion in debt and years of declining production,...

China on Friday denied what it termed "ridiculous" allegations of spying levelled by Lithuania as the Baltic eurozone state joined other western nations in expressing concerns about Chinese telecoms giant Huawei. The company has raised suspicions in the west for its close ties to the...

Britain is leading a group of European Union states who are trying to block an EU plan to include Saudi Arabia and 22 other jurisdictions on a blacklist of countries that pose money-laundering and terrorism financing threats, sources said. The EU’s executive commission adopted last month a...