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Switzerland, Australia agree on tax information exchange

Switzerland, Australia agree on tax information exchange

March 3, 2015 - 17:34 AMT  13:34 GMT
Authorities around the world are cracking down on tax evasion, an effort that has picked up steam since the financial crisis.
Forbes declares Bill Gates richest man in the world for 16th time

Forbes declares Bill Gates richest man in the world for 16th time

March 3, 2015 - 08:29 AMT  04:29 GMT
Legendary U.S. investor Warren Buffett regained third place in the list with a net worth of $72.7bn, from Amancio Ortega.
Eurozone annual consumer prices fall in Feb: Eurostat

Eurozone annual consumer prices fall in Feb: Eurostat

March 2, 2015 - 16:08 AMT  12:08 GMT
The agency reported that unemployment across the eurozone fell to 11. 2 percent in January, its lowest level since April 2012.
ExxonMobil says anti-Russia sanctions could cost it $1 billion

ExxonMobil says anti-Russia sanctions could cost it $1 billion

February 27, 2015 - 12:47 AMT  08:47 GMT
Exxon "wound down" last year a number of prohibited joint venture activities with Russian oil major Rosneft in the Black Sea.
Ameria launches new program to support small gardening in Armenia

Ameria launches new program to support small gardening in Armenia

February 26, 2015 - 18:38 AMT  14:38 GMT
The project is being implemented as part of the state-run Creation of Agricultural Potential program.
EDB loans $150 M to Armenia for North-South Motor Road construction

EDB loans $150 M to Armenia for North-South Motor Road construction

February 24, 2015 - 17:38 AMT  13:38 GMT
“This is a 560-km motorway, which will cross Armenia's entire territory, connecting Iran, Armenia, Georgia and Russia,” Dmitry Pankin said.
NASDAQ OMX Armenia names Ameriabank Best Exchange Member

NASDAQ OMX Armenia names Ameriabank Best Exchange Member

February 24, 2015 - 17:01 AMT  13:01 GMT
NASDAQ OMX Armenia at a special ceremony on Feb 20 announced the winners of the Best Exchange Member Awards 2014.
ECB offers Greece extra €3.3bn in emergency funding

ECB offers Greece extra €3.3bn in emergency funding

February 19, 2015 - 10:08 AMT  06:08 GMT
Depositors have been taking savings out of the country, depleting the banks' access to cash to lend.
Ameriabank continues crediting, hardens solvency assessment

Ameriabank continues crediting, hardens solvency assessment

February 18, 2015 - 18:13 AMT  14:13 GMT
As Artak Hanesyan noted, special programs are being developed to alleviate difficulties caused by foreign currency fluctuations.
Swiss prosecutors search HSBC Geneva subsidiary

Swiss prosecutors search HSBC Geneva subsidiary

February 18, 2015 - 15:41 AMT  11:41 GMT
The bank faces criminal investigations in the U.S., France, Belgium and Argentina, but not in the UK, where HSBC is based.
Ameriabank posts AMD 7.1 billion profit in 2014

Ameriabank posts AMD 7.1 billion profit in 2014

February 18, 2015 - 15:11 AMT  11:11 GMT
The bank’s profit came amid a downturn trend in the market, with the banking sector seeing its profit drop by 41% in 2014.
German investor confidence rises to highest level in a year: survey

German investor confidence rises to highest level in a year: survey

February 17, 2015 - 15:28 AMT  11:28 GMT
The ZEW institute said monthly confidence index rose to 53 points for Feb from 48.4 last month— the fourth consecutive increase.
PM, chief of IMF mission to Armenia discuss bilateral cooperation

PM, chief of IMF mission to Armenia discuss bilateral cooperation

February 13, 2015 - 16:40 AMT  12:40 GMT
Mark Horton stressed the importance of measures designed to promote economic growth in the context of implementation of the planned reforms.
Eurozone economy grows 0.3% by end of 2014: Eurostat

Eurozone economy grows 0.3% by end of 2014: Eurostat

February 13, 2015 - 15:38 AMT  11:38 GMT
Of the 18 member states of the eurozone only three recorded a contraction in their economy: Greece, Finland and Cyprus.
Oil rises above $60 for first time this year

Oil rises above $60 for first time this year

February 13, 2015 - 14:36 AMT  10:36 GMT
The price of Brent crude collapsed from $115 in June to $45.19, the lowest in almost six years, in January due to oversupply.
Governments not doing enough to raise confidence in future: ECB

Governments not doing enough to raise confidence in future: ECB

February 12, 2015 - 14:08 AMT  10:08 GMT
"If we take advantage of the window of opportunity that exists today, that possibility is there for the whole euro area," Praet said.
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