Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.
Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year.
The four-day International Defence Exhibition and Conference (IDEX) kicked off Sunday in Abu Dhabi with the United Arab Emirates announcing 21 deals worth more than $1.2 billion.
“The Lego Batman Movie” spanked “Fifty Shades Darker” for a second weekend running at North American box offices, an industry group said on Sunday.
The US food giant Kraft Heinz has dropped its bid to buy Unilever days after it rejected a $143 billion buyout offer, the companies said on Sunday.
More than 1,000 ultra-nationalists staged a protest in Kiev on Sunday to back a blockade between the coal-producing separatist east and the rest of Ukraine that the government has warned could cause nationwide power cuts and job losses.
The China National Petroleum Corporation on Sunday secured an eight-percent share in an onshore oil concession in Abu Dhabi in a deal worth $1.77 billion, the Emirati company said.
Iraq’s proven oil reserves have increased by 10 billion barrels to 153 billion, Oil Minister Jabbar al-Luaibi announced Sunday in a statement.
French automaker PSA has pledged to keep Opel plants in Germany running if a planned merger goes forward, and to refrain from layoffs until at least 2019, a newspaper report said Sunday.
Tourists are slowly returning to Egypt, easing pressure on a key sector battered by years of turmoil and the 2015 bombing of a plane carrying Russian holidaymakers.
Prime Minister Theresa May will meet with PSA chief executive Carlos Tavares to discuss its plans to take over the European arm of General Motors, which includes Britain’s Vauxhall cars, her office said Saturday.