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.

Beneath the hoods of the cars showing in Detroit this week lie engines that are as powerful as ever, but are smaller and, helped by direct injection, guzzle less gas.

The "alarming" outlook for emerging countries hit by collapsing oil prices is more worrying than China's economic slowdown, ratings agency Standard & Poor's said Wednesday.

FOREIGN investment in Thailand plummeted last year, official data showed, the latest sign that the kingdom's once-vibrant economy continues to falter under prolonged military rule.

SLUMPING prices saved China more than $160 billion on its imports of commodities such as oil, iron ore, coal and copper last year, official figures showed on Wednesday.

A year on from "Frankenschock", when Switzerland's central bank sent global foreign exchange markets into a frenzy by abruptly ending its cap on the Swiss franc, the currency is one of the most stable in the world.

MetLife Inc, the largest US life insurer, plans to separate a substantial portion of its US retail business from the core company, saying on Tuesday that the "regulatory environment" helped drive its decision.

Stock markets in Europe and Asia rose and oil prices jumped on Wednesday after Chinese trade data cooled concerns over the world's second biggest economy, steadying money and currency markets in Shanghai and Hong Kong.

Farmers in India's top sugar growing state of Maharashtra are being forced to replace cane with less water intensive crops, as a scorching drought drives authorities to hold back water from dams.

Russia will cut its spending by 10 percent this year, the finance minister said Wednesday, as prices for Moscow's key export commodity slumped to new lows.

Workers at an Italian factory were delighted by an unexpected Christmas bonus, receiving cheques for thousands of euros bequeathed to them by their late boss who died in June, reports said Saturday.