Samsung Group announced Tuesday the merger of two major affiliates, as the South Korean business giant accelerates restructuring

If there's one key selling point that aerospace giants Airbus and Boeing have both been using in marketing their new aircraft, it is fuel efficiency.

Australia is world-renowned for its love of beer. But its passion for a different type of brew -- coffee -- is what has been making global headlines recently.

Two of Nigeria's biggest banks on Monday announced they were shutting branches early due to a lack of fuel, in the latest sign of shortages hitting businesses.

The operator of the tsunami-crippled Fukushima nuclear plant has jointly won a large power and water infrastructure contract in the desert state of Qatar, it said Monday.

Struggling Greece will keep on repaying its EU-IMF creditors for as long as it can, with some 300 million euros due next week and no deal in talks over the country's remaining bailout funds, a spokesman said Monday.

Africa's overall economy should advance in 2015, expanding by 4.5 percent, showing resilience despite weak commodity prices and the devastating Ebola epidemic, an annual report published Monday said.

Criticised and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.

Oil prices rose on bargain-hunting in Asia Monday after falling last week but a supply glut and a resurgent dollar are likely to temper gains, analysts said.

Loss-making Malaysia Airlines is set to undergo a complete overhaul as it is restructured into a new company, with a rebranding that will be unveiled next week and changes planned to its fleet and network strategies.

Iran will scrap a petrol allowance from midnight on Tuesday as part of a 2010 plan to phase out subsidies on energy products and boost the economy, media reported.

Celebrated among Europe's elite as a model of how to reform an economy after a debt binge, Portugal's enthusiasm for change has waned as Europe loses its appetite for further belt-tightening.

China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion yuan ($317.75 billion) that it is inviting private investors to help fund, build and operate.

Contractual appointment of Enamul Hoque Chowdhury as press minister at Bangladesh High Commission in New Delhi has been extended by one more year.

The gap between the rich and the poor keeps widening, the Organisation for Economic Cooperation and Development (OECD) says.

The "spectre of deflation" is spurring the world's major central banks into a dangerous struggle for stronger domestic growth that imperils financial markets and ignores the needs of developing nations, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.

Japan's economy grew more than expected in the first quarter, data showed Wednesday, as it crawls back from a brief recession, but observers cautioned that a full recovery may still be some way off.

US and British regulators fined six major global banks nearly $6 billion Thursday for rigging the foreign exchange market and Libor interest rates.

Renault launched its first budget car developed specially for India on Wednesday, seeking to expand its foothold in the huge but highly competitive market.

Lafarge chief executive Bruno Lafont has been awarded a 2.5 million euro ($2.8 million) bonus for the successful merger with Swiss rival Holcim as the cement company announced job cuts.