China welcomes US invitation for trade talksChina’s Foreign Ministry said on Thursday that the government has received an invitation from the United States for trade talks, and welcomes it. Chinese ministry spokesperson Geng Shuang made the com...
Unease, anger in Tehran’s Grand Bazaar, Iran’s beating heartJust one shop among the thousands in Tehran's sprawling Grand Bazaar can offer a tableau of the darkening mood descending across Iran as American sanctions again take hold. A salesman who wants to mov...
European Central Bank to take next step in tapering stimulusThe European Central Bank is expected to ratchet back its stimulus efforts again on Thursday as it gingerly phases out extraordinary support for the economy left over from the Great Recession and the...
Turkey rules property sales, rental agreements must be in liraTurkish President Tayyip Erdogan ruled that property sales and rental agreements must be made in lira, putting an end to such deals in foreign currencies, in a fresh step to support the ailing local c...
Adobe in talks to buy marketing software firm Marketo — sourcesAdobe Systems Inc, the maker of image-editing software Photoshop, is in negotiations to buy Marketo Inc, a privately held cloud-based marketing software company, according to people familiar with the...
Venezuela’s Maduro travels to China in search of fresh fundsVenezuelan President Nicolas Maduro is traveling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans. "I am goin...
IMF says Russia might have room for more rate cutsThe International Monetary Fund said on Thursday that Russia might benefit from further interest rate cuts if inflation stayed subdued. A day before a central bank policy meeting, the IMF said "furthe...