The European Commission called for industry views Friday on a list of U.S. products it will subject to import tariffs, the first step toward measures to counter planned U.S. taxes on European steel and aluminum. The European Union wants to be exempted from U.S. duties of 25 percent on steel and...

The British pound recovered Friday from weakness prompted by a Russian decision to expel British diplomats, as the world rallied in support for London in a crisis sparked by the poisoning of a double agent, analysts said. World stocks rose slightly at the end of a volatile week as fears...

WASHINGTON (Reuters)- President Donald Trump is negotiating with a number of countries over the possibility of providing exemptions to new U.S. tariffs on steel and aluminum imports, the White House said Friday. "He's ... working with a number of individual countries and negotiating on...

ANKARA (Reuters)- Iranian oil minister Bijan Zanganeh said OPEC was unlikely to change before the end of the year a deal among oil producers to reduce output, Iran's English language Press TV reported Thursday. "Russians can pull out of the deal as they have made no commitment to OPEC...

NEW YORK (AFP)- Ford announced Wednesday a North American recall of 1.38 million Ford Fusion and Lincoln MKZ sedans to address loose steering wheel bolts that could lead to the steering wheel detaching. In the cars being recalled, the steering wheel "may not maintain torque, allowing...

BRUSSELS (AP)- The European Union's trade chief questioned Wednesday U.S. President Donald Trump's rationale in proposing steel and aluminum import tariffs on a longstanding ally and said his move undermined trans-Atlantic ties ever more. Trade Commissioner Cecilia Malmstrom told the EU...

DOHA (AFP)- State-owned Qatar Petroleum announced Tuesday it has signed a deal with Abu Dhabi to operate the shared Al-Bunduq offshore oil field, despite a bitter diplomatic rift. "We are delighted to sign this concession agreement, which will ensure the continued development and...

OTTOWA, Canada (AFP)- Prime Minister Justin Trudeau Monday accused China of flooding global markets with cheap steel, adding that Canada has already taken steps to prevent "dumping" in this country. "We are very concerned about the actions taken by China and the dumping of steel and...

NEW DELHI (AFP)- French President Emmanuel Macron Sunday pledged hundreds of millions of dollars for solar projects in developing countries, as world leaders met in India to promote greater investment in renewable energy. Macron, who in December warned that the global shift to a green...

BEIJING (AP)- China said Sunday that it will not initiate a trade war with the United States, but vowed to defend its national interests in the face of growing American protectionism. "There are no winners in a trade war, and it would bring disaster to our two countries as well as the...

(Zaman Al Wasl)- Residents of the northwestern Syria have been suffering high fuel prices following the closure of a supply route between the town of Azaz and Afrin as the Turkish forces backed by Free Syrian Army launch major attack to seize Afrin region at the border.   As...

Turkish banking sector posted a 4.5 billion Turkish lira ($1.2 billion) net profit in January this year, according to the Banking Regulation and Supervision Agency (BDDK) on Friday. In January, the net profit of the sector recorded a 22.7 percent rise year-on-year, compared to 3.7...

BEIJING (AP)- China's government says it "firmly opposes" U.S. President Donald Trump's tariff increase for imported steel and aluminum but has given no indication whether Beijing might impose its own measures in response. A Commerce Ministry statement on Friday accused Trump of...

Access to a debt market teeming with yield-hungry investors is helping some cash-strapped nations in the Gulf Cooperation Council kick reforms down the road. Taking advantage of attractive interest rates, Oman raised $6.5 billion in January, its biggest sale on record, to help bridge deficits....

Saudi Arabia’s energy minister hinted the initial public offering of the state oil company Aramco could be delayed until 2019, pushing back a central plank of Crown Prince Mohammad bin Salman’s plan to modernize the economy. Khalid al-Falih also said the IPO, potentially the largest...

London (AFP)- Stock markets and the dollar jolted Wednesday as news that Donald Trump's top economics adviser had resigned revived trade war fears, while early excitement at North Korea's offer of denuclearisation talks fizzled out. "Investors panicked in response to Gary Cohn's...

LAGOS (Reuters)- The International Monetary Fund (IMF) on Wednesday said Nigeria was slowly exiting recession but remains vulnerable because its growth is tied to oil prices with improved revenues restricted to the energy and agriculture sectors. The assessment, published in a report on...

WASHINGTON: U.S. President Donald Trump has spoken to world leaders about his planned tariff hikes on steel and aluminum and is not considering any exemptions to the measure, Commerce Secretary Wilbur Ross said Sunday. "I know he's had conversations with a number of the world leaders,"...

Berlin "rejects" President Donald Trump's decision to impose hefty tariffs on steel and aluminum imports, a spokesman for German Chancellor Angela Merkel said Friday. "The federal government rejects such tariffs... the problem of global overcapacity in the steel and aluminum sectors...

Spotify may incontestably be the king of music streaming, but as the Swedish firm prepares for a stock listing, there is still a divide whether its reign is benign or not for artists and the music industry. "We really do believe that we can improve the world, one song at a time," Spotify's...