China's long march to currency reform takes a step forward
China's currency devaluation is a step in the long march to a more open regime for the yuan, analysts say, but authorities will need to further loosen their controls to promote long-term growth.
Google turns a page with Alphabet
Google's reshaping under newly formed parent Alphabet gives the tech giant more ability to focus on its core business.
Sisi to unveil 'new Suez Canal' as Egypt makes historyPresident Abdel Fattah al-Sisi inaugurates a "new" Suez Canal in a lavish and heavily secured ceremony, as Egypt seeks to boost its economy and international standing.
IMF approves $1.7 bn loan installment to UkraineThe International Monetary Fund announced the approval of a $1.7 billion loan installment to Ukraine despite uncertainty about the country's debt sustainability and a conflict with separatist forces.
ArcelorMittal Temirtau cuts wages by 25%ArcelorMittal Temirtau, a steel giant in Kazakhstan, is cutting wages of all its employees by 25 percent starting from August 1.