Economy

German industrial group Siemens beat expectations for second-quarter profit as it accelerated a cost-cutting programme and lifted its savings target…

The African Export-Import Bank (Afreximbank) will seek to raise around US$3 billion this year via Eurobonds, syndications and bi-lateral and…

Saudi Arabia announced a string of reforms to its stock market that could attract billions of dollars of fresh foreign…

A 3 percent plunge in the Tokyo stock exchange and falls in European banking shares added to a gloomy global…

A three-day strike by oil workers in Kuwait last month over pay reforms shows the government faces considerable opposition as…

Oilfield services provider Halliburton Co (HAL.N) and smaller rival Baker Hughes Inc (BHI.N) announced the termination of their $28 billion…

Daimler (DAIGn.DE) has hired auditor Deloitte Touche Tohmatsu to help with an internal investigation into its diesel-engine emissions technology requested…

A tanker that Libya's rival eastern government had been using to try to export oil in defiance of the Western-backed…

International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the…

Apple Inc on Friday ended its worst week on the stock market since 2013 as worries festered about a slowdown…