World Economy

Three fundamental forces – advanced manufacturing, industrial internet and the use of collective intelligence of people – can unlock the true growth potential of the Middle East, North Africa and…

Eurozone economic sentiment deteriorated in September to levels last seen in late 2013 and inflation expectations among households and producers alike continued to fall.

The European…

President Recep Tayyip Erdogan has unveiled Turkey’s new ‘Discover the potential’ slogan and logo, World Bulletin reported. The branding, to be used on exported Turkish products, was…

Siemens is a giant in the wind turbine business, but it’s facing heavy competition and has yet to see much return for its heavy investments, DW reported. But new turbine designs may make the…

The British government has announced that various of the London price benchmarks are to get the same sort of regulatory treatment that Libor has recently received, Forbes reported.

On the…

Royal Bank of Scotland raised 261 million pounds ($424 million) from selling more shares in its US business Citizens after banks underwriting its stock market listing took up an…

The new administration of Indonesian President Joko Widodo (known as Jokowi) that will be inaugurated on Oct. 20 will face a number of major economic challenges.

The Spice Council of Sri Lanka wants to protect the brand “Ceylon cinnamon” and has approached the World Trade Organization and the European Union about gaining copyright or a patent.

The credit rating agency Fitch keeps AAA credit rating for Finland with stable outlook, said Fitch in a press release published early Saturday in Helsinki.

Fitch Ratings has affirmed…

The worst week for global equities in almost two months finished on a positive note as optimism in the economy’s strength helped counter a procession of concerns from geopolitics to…

A treaty creating an initially three-member-state Eurasian Economic Union may be ratified by all countries by October 7, a senior deputy of the Russian lower house of parliament said. The union…

The  British queen could be slapped with a £1m ($1.6m) tax bill every year if Labour’s proposed ‘mansion tax’ comes into force. The Duke and Duchess of Cambridge, Princess Anna and the…

Given the need to create a million non-farm jobs every month, India manufacturing would have to grow at 12-14 percent annually, industry body FICCI said in a document on ‘Make in India’ unveiled…

Qatar’s overall GDP is forecasted to grow to 7.8% during 2014-16, while the non-hydrocarbon share to GDP is set to hit 57.2% by 2016. The expected growth in GDP is mainly attributed to large…

Dubai-based construction company Arabtec is close to completing the planning and design stage of its $40 billion deal to build one million homes in Egypt, the company said. Arabtec originally…

MAN Truck & Bus, a leading manufacturer of mass transport vehicles, is showcasing a wide range of state-of-the-art trucks and buses at the IAA Commercial Vehicles show in Hanover, Germany.…

Abu Dhabi carrier Etihad has rolled out its first Boeing 787-9 Dreamliner (B787) aircraft, following the launch of its first A380 super jumbo jet last week.

“We have firm orders for more…

China’s steel consumption dropped this year for the first time since at least 2000 due to slower economic growth, leading to a surplus of iron ore in the country and a more than 40 percent plunge…

Washington stands ready to help Ukraine attract private US investment if Kiev acts to root out corruption, a senior US official said on Saturday, without pledging any more direct aid for the war-…

Ukrainian Prime Minsiter Arseniy Yatsenyuk and US Secretary of Commerce Penny Pritzker have agreed to hold a business summit with the aim of attracting investment in the country, the Ukrainian…

Trade turnover between the Chinese city of Heihe and Russia will increase this year, Heihe City Mayor Zhang Enliang said. “Last year, trade turnover between Heihe and Russia reached $4.2 billion,…

German 10-year government  bonds rose in the past five days along with French securities amid speculation European Central Bank officials will take steps next week toward…

US stocks rebounded Friday following the worst selloff in nearly two months in the previous session, as investors cheered an upward revision of the US economic growth and improving consumer…

Egypt’s revenues from the Suez Canal totaled $510 million in August, a 12 percent increase from the $455 million generated in the same time last year, according to Egypt’s Information Portal (EIP…

The International Monetary Fund (IMF) has said it will not lend more money to Zimbabwe, because the country is in arrears on repaying previous loans.

The IMF’s specialist Africa team is in…