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Ex-finance minister says Russia not investing enough in economy

Ex-finance minister says Russia not investing enough in economy

September 16, 2014 - 16:57 AMT  12:57 GMT
Several state and private companies suggested they would need to turn to the government for funds to weather the sanctions.
Investors pull $27B out of Britain amid Scottish secession fears: report

Investors pull $27B out of Britain amid Scottish secession fears: report

September 15, 2014 - 15:30 AMT  11:30 GMT
The financial outflow of $27 billion in August was the biggest since the white heat of the 2008 financial crisis.
Russia halts air navigation services to Air Armenia

Russia halts air navigation services to Air Armenia

September 11, 2014 - 18:25 AMT  14:25 GMT
Air navigation services to Air Armenia were suspended over the airline’s outstanding and current debts of $1.1
EU decides to slap new economic sanctions on Russia: diplomats

EU decides to slap new economic sanctions on Russia: diplomats

September 11, 2014 - 16:31 AMT  12:31 GMT
The ban on credits and loans to Russian entities with a maturity of more than 90 days will be reduced to 30 days, two diplomats said.
China fines Audi, Chrysler over anti-monopoly law violation charges

China fines Audi, Chrysler over anti-monopoly law violation charges

September 11, 2014 - 14:01 AMT  10:01 GMT
Regulators have launched a series of investigations of global automakers, technology suppliers and other companies under the law.
Mastercard loses appeal against EU veto

Mastercard loses appeal against EU veto

September 11, 2014 - 13:21 AMT  09:21 GMT
The debit and credit card company Mastercard has lost an appeal against an EU veto at the European Court of Justice.
Armenia to receive Euro 170 million in EU reforms funding

Armenia to receive Euro 170 million in EU reforms funding

September 9, 2014 - 16:46 AMT  12:46 GMT
The funding will be allocated for development of private sector and implementation of reforms in the sectors of public administration and justice
Greek PM expects economy growth for first time in 8 years

Greek PM expects economy growth for first time in 8 years

September 6, 2014 - 13:46 AMT  09:46 GMT
Antonis Samaras also promised a 30 percent reduction in the taxation of heating oil, reversing a measure imposed in 2012.
Armenian GDP growth to slow in 2015, report says

Armenian GDP growth to slow in 2015, report says

September 5, 2014 - 13:43 AMT  09:43 GMT
“The key powers in the region are unlikely to favor an outbreak of conflict on their southern and eastern flanks,” the report says.
U.S. judge rules BP 'grossly negligent' in 2010 Gulf oil spill

U.S. judge rules BP 'grossly negligent' in 2010 Gulf oil spill

September 4, 2014 - 22:08 AMT  18:08 GMT
"The law is clear that proving gross negligence is a very high bar that was not met in this case," said the firm.
Armenia drops 6 points to rank 85th in Global Competitiveness Report

Armenia drops 6 points to rank 85th in Global Competitiveness Report

September 3, 2014 - 18:57 AMT  14:57 GMT
Switzerland, Singapore, USA, Finland, Germany, Japan, Honk Kong, Netherlands, Great Britain and Sweden are in the top ten.
Six European countries dominate global economic rankings

Six European countries dominate global economic rankings

September 3, 2014 - 14:46 AMT  10:46 GMT
The United States' competitiveness among global economies has risen to the No. 3 spot behind Switzerland and Singapore.
Eurozone manufacturing growth slows to 13-month low: survey

Eurozone manufacturing growth slows to 13-month low: survey

September 1, 2014 - 14:12 AMT  10:12 GMT
One positive note was from the Republic of Ireland, which saw its PMI grow to 57.3, its highest level since the end of 1999.
Russia to join International Renewable Energy Agency

Russia to join International Renewable Energy Agency

August 29, 2014 - 10:34 AMT  06:34 GMT
IRENA is an intergovernmental organization that supports countries in their transition to a sustainable energy future.
Japan economy shows signs of stagnation

Japan economy shows signs of stagnation

August 29, 2014 - 10:26 AMT  06:26 GMT
In the April-to-June period, official data showed Japan's economy had contracted by 1.7%, compared to the earlier quarter.
Oil prices rise on renewed Russia-Ukraine tensions

Oil prices rise on renewed Russia-Ukraine tensions

August 29, 2014 - 10:10 AMT  06:10 GMT
Stronger-than-expected U.S. economic growth data meanwhile raised hopes for stronger demand in the world's largest oil consumer.
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