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IMF urges G20 to take action to unstick global growth International Monetary Fund chief Christine Lagarde urged the Group of 20 major economies to fulfill their pledges to revive the faltering global economy.

07 February 2015

Greek finance minister met with 'scepticism' in Berlin debt talks Greece's finance minister faced criticism and a stern reminder of his commitments to his EU partners.

06 February 2015

Russia pushes UN to cut off Islamic State funds Russia is making a push at the United Nations for a new resolution to choke off funding from oil sales to the Islamic State group.

05 February 2015

Kazakhstan ranks above world average in Economic Freedom Kazakhstan ranks 69th in the annual Index of Economic Freedom, better then France and Italy.

05 February 2015

Major German investments in Hungary despite rights issues: report Chancellor Angela Merkel discussed major German investments including involvement in a Russian-built nuclear plant during her visit to Hungary.

04 February 2015

Toyota raises full-year profit forecast to record $18 bn Toyota raised its earnings forecast for the year to March, saying it expects to book a record $18.1 billion annual net profit thanks to a weak yen and cost cuts.

04 February 2015

Abbas orders probe into West Bank Mohammed cartoon Palestinian president Mahmud Abbas has ordered an investigation into a drawing of the Muslim Prophet Mohammed which appeared in a West Bank newspaper.

04 February 2015

Kenya obtains nearly $700 mn in IMF backing Kenya obtained nearly $700 million worth of precautionary loan support from the International Monetary Fund.

03 February 2015

Obama urges less austerity in Greek recovery Greece will not deliver a strong economic recovery unless authorities loosen austerity programs, US President Barack Obama suggested in remarks that aired.

02 February 2015

Germany's anti-euro party agrees to slim down leadership A congress of Germany's anti-euro AfD party ending moved to streamline its leadership structure in a bid to be more effective after weeks of dispute within the fledgling group.

02 February 2015

Merkel rules out debt reduction for Greece German Chancellor rejected the prospect of debt relief for Athens, adding to tensions between the radical new Greek government and its international creditors.

31 January 2015

EU must realise Russia sanctions lead nowhere: Moscow The European Union's decision to extend sanctions against Russia over Ukraine is a destructive policy that will lead nowhere.

30 January 2015

Honda cuts profit forecast as airbag recall weighs heavy Honda cut its full-year net profit forecast as the Japanese automaker faces soaring recall costs.

30 January 2015

Gaza war pushed Palestinian economy into recession: IMF The war between Israel and Gaza drove the Palestinian economy of Gaza and the West Bank into its first contraction since 2006, the International Monetary Fund said.

30 January 2015

Amazon surprises with $214 mln quarterly profit Amazon surprised the market with a quarterly profit far better than anticipated for the online giant known for investing for the long term.

30 January 2015

Russia's Gazprom profits plunge 61%, hit by Ukraine row Russia's gas giant Gazprom said its third quarter profits plunged 61 percent as supplies were suspended to Ukraine, one of its main customers.

29 January 2015

IMF begins work on 'Plan B' as US blocks reforms The IMF said it would begin working on alternatives to its stalled, five-year-old reform program after passing another year without the required ratification.

29 January 2015

McDonald's CEO pays price for growing woes Fast-food giant McDonald's replaced president and chief executive Donald Thompson, after the company turned in another poor quarter of sales and earnings last week.

29 January 2015

EU to consider new Russia sanctions over Ukraine European Union leaders have tasked their foreign ministers to consider a new wave of sanctions against Russia when they meet in Brussels.

27 January 2015

IMF set to continue support Greece after election The International Monetary Fund said it was prepared to continue its financial support of Greece.

27 January 2015

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