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Pedro Parente, the new boss of Brazil's scandal-ridden state-controlled energy firm Petrobras, has been talking about the challenges ahead.
Japan's economy unexpectedly picked up in the first three months of 2016 with annualised growth of 1.7 percent but that was partly due to a boost to consumption as this is a leap year.
Bank of England Governor Mark Carney has stepped up his warnings about the economic risks if Britain votes to leave the European Union, with even the possibility of a technical recession.
The Greek economy looks set to shrink by 1.0 percent this year putting a further squeeze on ordinary Greeks and businesses after a 0.3 percent contraction in 2015.
Russia's economy is set to dip deeper into recession according to the latest central bank forecasts as the Kremlin looks at selling stakes in state owned companies.
Brazil’s worst recession in 25 years has deepened. The economy shrank 1.7 percent in the third quarter – half a percent more than analysts had
Business Middle East
The Japanese economy shrank by 0.2 percent between July-September, Japanese government data showed last Monday. Several reports have suggested
Greek retail sales by volume fell 7.3 percent in July compared to the same month last year. The data published by the official statistics agency
Canada went into recession in the first half of 2015, and figures indicate Prime Minister Stephen Harper’s prediction the second half would be better
More than 5000 people took to the streets of the Armenian capital Yerevan on Tuesday morning. Blocked from reaching the presidential palace when they
The lights of Russia’s economy are burning brightly but as the country heads into recession, many are choosing to stay at home rather than spend
Japan’s Prime Minister Shinzo Abe has dissolved Parliament. The move paves the way for a snap election on December 14.
Abe is hoping to get a new
The Japanese Prime Minister has called a snap election two years ahead of Schedule.
Shinzo Abe says he will dissolve the lower house of parliament
state of the union
The European Commission unveils another gloomy economic outlook for 2013; May Day protests voiced workers’ anger against austerity; and the European
The International Monetary Fund has trimmed its projections for global economic growth for this year and next.
It says that is to take into account