Greek lawmakers late Sunday adopted a controversial package of pension cuts and tax hikes despite mass public opposition, bowing to creditor demands in a bid to unlock the next tranche of badly-needed bailout funds.

Hindustan Unilever Ltd (HUL), India's largest consumer goods firm, expects a sequential improvement in first-quarter volume growth, its chief financial officer said on Monday, after the firm's fourth-quarter results beat expectations.

New global rules forcing companies to report taxable activities country-by-country publicly have been called for by a group of 300 prominent economists.

Britain's pharmaceuticals trade body has come out firmly against the country leaving the European Union, warning on Monday that an exit could put British patients at the back of the queue for new medicines.

US employers cut back hiring in April in the wake of the economy's sharp downturn, raising worries of a protracted slowdown in the world's largest economy.

Scandal-hit Toshiba on Friday appointed a new president to steer the vast conglomerate past a huge accounting scandal that has hammered its reputation.

Strangled by debt and a decade of recession, US territory Puerto Rico is pleading for help from Congress.

India could teach China a thing or two about dealing with bad debt. Banks in the world’s two most populous countries have lent

German engineering giant Siemens pledged Wednesday to expand its renewables business, after posting a set of results that it deemed "convincing".

Earthquake-stricken Nepal cut its economic growth forecast on Tuesday for the fiscal year that ends in mid-July to the lowest in 14 years, saying persistent fuel shortages after a blockade of its border with India have hampered economic activity.

India has rejected a plan by Apple Inc to import used iPhones, government officials said on Wednesday, a blow to the US tech giant that has been seeking to revive waning sales of its flagship smartphones.

Two groups signalled their interest in buying the British assets of Tata Steel on Tuesday, offering hope that thousands of jobs could be saved after weeks of uncertainty.

US companies pulled back on hiring in April, payrolls group ADP said Wednesday, in a fresh sign of continued sluggishness in the economy.

Brazil state oil giant Petrobras announced Tuesday it has concluded the sale of $1.38 billion in assets in Argentina and Chile.

Oil prices rebounded in Asia Tuesday but nagging worries about excess supplies kept them below 2016 highs after data showed Iran and Iraq increasing output.

Australia on Tuesday unveiled a further push to crack down on tax avoidance by multinational companies, imposing a 40 percent penalty rate on firms that shift profits offshore.

China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said Tuesday.

Iran and South Korea have decided to triple their annual trade volume to $18 billion, President Hassan Rouhani announced on Monday after meeting his South Korean counterpart Park Geun-Hye.

With their country gripped by an economic crisis, Venezuelans lost half an hour of sleep Sunday as their clocks were set forward to save power on President Nicolas Maduro's orders.

US oil services companies Halliburton and Baker Hughes announced Sunday they were calling off their massive multibillion-dollar proposed merger that had met strong resistance from regulators.