Brazil's Petrobras slashes multi-year investment plan Brazil's state oil giant Petrobras slashed its five-year investment plan by a whopping 77 billion dollars -- as it tries to recover from a massive corruption scandal.
30 June 2015
'Black Monday' in Greece as panic simmers It has already been dubbed "Black Monday" -- jittery housewives, shoppers and business owners queued in vain at cash machines in Athens, where the country awoke to capital controls and shuttered banks.
29 June 2015
Italy does not fear Greek contagion: finance minister Italy's finance minister played down the threat of Italy being hit by the fallout from market instability linked to the Greek crisis.
29 June 2015
Greece calls emergency financial council meeting The Greek government said it had called an emergency gathering of its systemic stability council, as speculation mounted of capital controls being imposed and increasing signs of a bank run.
29 June 2015
Greek PM calls referendum on bailout for July 5 Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels.
27 June 2015
Icon Photo Air Astana leases 7 Airbus neos Air Astana, the anchor airlines in Kazakhstan, has arranged for operational leasing of 7 Airbus planes from A320 neo family.
25 June 2015
Putin extends Western food ban for one year Russian President Vladimir Putin extended a ban against most Western food imports for a year, saying the longer-than-expected measure would ensure the country's security.
25 June 2015
IMF boss Lagarde says ready to 'consider' 2nd term Christine Lagarde has said she is ready to consider a second term as head of the International Monetary Fund in an interview with a French magazine to be published.
25 June 2015
Greece in 'final stretch' of talks: Varoufakis Crisis-hit Greece is in the "final stretch" of negotiations with creditors and could reach agreement shortly, Finance Minister Yanis Varoufakis indicated.
24 June 2015
Italian Nutella maker to buy British rival Thorntons The board of British chocolate maker Thorntons said it had agreed a takeover deal by Italian rival Ferrero that values the firm at about £111.9 million.
23 June 2015
New Eurogroup meeting on Greece Wednesday: EU's Tusk Eurozone finance ministers will meet again in a bid to reach a final bailout deal for Greece ahead of an EU leaders' summit the following day.
23 June 2015
EU prolongs Russian economic sanctions for six months: official EU foreign ministers formally agreed to prolong to January 2016 damaging economic sanctions against Russia to ensure it fully implements Ukraine peace accords.
22 June 2015
Athens says Europe 'doesn't need IMF' on eve of crunch summit Greece does not want any more help from the IMF, minister of state Nikos Pappas said on the eve of a summit.
22 June 2015
Amid deadlock on Greece, IMF releases funds to Cyprus The International Monetary Fund, deadlocked with Greece over further financial aid, approved a new loan installment for Cyprus.
20 June 2015
Juncker says 'I don't understand Tsipras': report European Commission chief Jean-Claude Juncker voiced frustration with Greek Prime Minister Alexis Tsipras in a media report amid the deepening debt crisis.
20 June 2015
Grexit 'beginning of the end of the eurozone': Greek PM A Greek exit from the eurozone would be the beginning of the end of the single currency, Greek Prime Minister Alexis Tsipras was quoted.
19 June 2015
EU to extend Russia sanctions to January 2016 EU member states agreed to extend damaging economic sanctions against Russia over the Ukraine crisis by another six months to the end of January 2016.
19 June 2015
Russia tries to shrug off crisis as West snubs investment forum Russian officials tried to play down fears about the country's economic crisis as tensions with the West over Ukraine cast a pall over its showcase investment forum.
19 June 2015
Russia to prolong embargo if EU extends sanctions: minister Moscow will extend its embargo on European Union agricultural products but is unlikely to go further if the EU extends sanctions as expected.
18 June 2015
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