World Biz
Turkish court upholds ban on booking.com2017-05-26
A Turkish court on Friday rejected the appeal of the Dutch online travel agent, booking.com, against a ban on its activities in Turkey.
Outlook optimistic for Turkish economy: official data2017-05-26
The Turkish economic confidence index increased by 1.1 percent to 100.5 points in May, official data showed on Friday.
G7 summit kicks off with ceremony at Taormina's ancient Greek theatre2017-05-26
With an opening ceremony held in the ancient Greek theatre in Italian city of Taormina, the 2017 summit of the Group of Seven (G7) countries kicked off here on Friday.
Eurozone fails to reach debt deal for Greece2017-05-23
Eurozone finance ministers failed to reach an agreement for fresh bailout funds for Greece after a meeting in Brussels, said Eurogroup President Jeroen Dijsselbloem on Monday.
British economic growth in Q1 disappointing than expected2017-05-26
Britain's gross domestic product(GDP)growth during the first quarter of this year stood at a disappointing 0.2 percent, revised down in official figures from a preliminary estimate by economists of 0.3 percent.
Canada's central bank maintains overnight rate target at 0.5 percent2017-05-25
The Bank of Canada Wednesday announced that it will maintain its target for the overnight rate at 0.5 percent.
21 firms eye Zambia's second solar power project2017-05-25
Twenty-one firms have submitted applications for round two of Zambia's second solar power project, the government's investment company said on Wednesday.
German consumer confidence improves for second straight month2017-05-25
German consumer confidence is set to improve for the second consecutive month in June on expectations of rising income and better economy, a close-watched survey showed on Wednesday.
Indonesia's state-run oil, gas firm posts net profit drop in Q12017-05-25
An executive of Indonesia's state-owned oil and gas firm of Pertamina said on Wednesday that the firm recorded a 25-percent net profit drop to 760 million U.S. dollars in the first quarter this year from 1.01 billion U.S. dollars recorded in the corresponding period last year.
Oil producers move closer to nine months extension of oil production cut2017-05-25
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) convened in Vienna on Wednesday, recommending a 9 months extension plan for the 1.8 million barrels per day oil production cut.
South Africa mining sector contributes 23 bln USD to economy last year2017-05-25
The South African Chamber of Mines said Wednesday the mining sector improved in 2016, contributing 7.3 percent of the GDP and continuing to make contribution to the country's socio-economic affairs.
U.S. Fed minutes show officials see rate hike soon2017-05-25
Most Federal Reserve officials see it appropriate to raise interest rate soon if economy continues to improve, minutes of the Fed's latest monetary policy meeting showed Wednesday.
French unemployment down 1 pct in April: ministry2017-05-25
The monthly unemployment rate in France fell by 1 percent in April, the lowest level since 2016, figures released by the Labor Ministry showed on Wednesday.
Italy needs to promote exportation for economic growth2017-05-20
Italy's larger-than-expected rise in consumer prices in April could be an important signal of an economic rebound for the country's struggling economy.
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