German companies are trying not to let themselves be spooked by the economic slowdown in China, even if they concede they are currently seeing a drop in demand for their products there.

The stockmarket regulator yesterday allowed Bangladesh National Insurance Company to start its initial public offering subscription on February 17 and continue it to February 25.

Indian steel giant Tata Steel said Monday it will cut 1,050 more jobs in Britain following thousands of cuts in the industry announced last year, blaming China for plunging steel prices.

The chief executive of one of the world's biggest firms Royal Dutch Shell warned on Sunday that the oil and gas company would be negatively impacted were Britons to back leaving the European Union in a referendum.

Russian stock markets and the ruble fell further on Monday as the currency edged closer to a historic low on the back of a fresh slump in oil prices.

German automaker Daimler said Monday that its heavy goods vehicles unit, Daimler Trucks, planned a swift return to the Iranian market, after the US and EU lifted sanctions against Tehran over its nuclear programme.

The richest one percent of the world's population now own more than the rest of us combined, aid group Oxfam says, on the eve of the World Economic Forum (WEF) in Davos.

OIL prices plummeted to $29 a barrel on Friday on the likely resumption soon of Iranian oil exports into an already flooded market as international sanctions against Iran are lifted, dragging equity indices around the world sharply lower.

China's gross domestic product (GDP) totalled more than $10 trillion in 2015 and the economy grew by around 7 percent, with the services sector accounting for half of GDP, Premier Li Keqiang said on Saturday.

Spanish telecommunications company Telefonica SA has expressed interest in buying AT&T Inc's pay TV assets in Latin America, which could be valued at around $10 billion, according to people familiar with the matter.

Earnings from US banking giants Citigroup and Wells Fargo showed an increased drag from the oil rout that investors fear will worsen.

US industrial giant General Electric will sell its appliances business to China's Haier Group for $5.4 billion, it said Friday, in one of the largest Chinese acquisitions of an American firm yet.

US retail sales fell in December to cap the slowest year of growth since 2009, amid persistent downward pressure on prices, the Commerce Department said Friday.

Ukraine on Friday launched the first cargo train to China that will bypass Russia along a new "Silk Road" meant to counter the Kremlin's most stringent trade embargo on Kiev to date. "This is a historic event," Ukrainian Infrastructure Minister Andriy Pyvovarskiy wrote on

India's government and the country's central bank will over the next few months add to banks' ability to lend, Finance Minister Arun Jaitley said on Saturday, addressing a conference on start-up businesses.

EU citizens would have a harder time finding jobs and the economy would suffer should Europe's internal passport-free zone collapse

The Russian government is looking to privatise a 19.5 percent stake in state oil giant Rosneft to ease a budget crunch as oil prices

Indian entrepreneurs will receive generous tax breaks and face dramatically reduced red tape when starting and closing a business, Prime Minister Narendra Modi said Saturday, as he launched a pet initiative to bolster India's fast-growing startup scene.

Chinese President Xi Jinping launched a new international development bank seen as a rival to the US-led World Bank at a lavish ceremony on Saturday, as Beijing seeks to change the unwritten rules of global development finance.

Greek unions on Friday announced a general strike against a planned overhaul of the country's ailing pensions system.