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13:12, 02 March 2015 Monday
Economy

13:41, 27 February 2015 Friday
German parliament approves Greek bailout extension

With Chancellor Angela Merkel's right-left coalition plus the opposition Greens, it was the biggest majority for any euro zone rescue package so far in the 631-seat chamber.

11:15, 27 February 2015 Friday
U S signs trade pledge with East Africa eyes rest

The agreement commits Tanzania, Kenya, Uganda, Rwanda and Burundi to cooperate with the United States in customs issues, ease red tape at borders, reduce customs wait times and harmonize trade standards.

09:49, 27 February 2015 Friday
Sri Lanka says China to be consulted on any project

Sri Lankan President Maithripala Sirisena has unnerved China with his re-examination of certain projects that Chinahas invested in, including a $1.5 billion "port city" project in Colombo.

09:19, 27 February 2015 Friday
EU-Russia-Ukraine gas talks to be held on Monday

EU energy chief Maros Sefcovic invited Russian Energy Minister Alexander Novak and his Ukrainian counterpart Volodymyr Demchyshyn for talks

14:57, 26 February 2015 Thursday
Gazprom can exempt rebel-held areas from Ukraine gas contract

Gazprom and Ukrainian state energy firm Naftogaz have accused each other of not sticking to agreements on gas supplies.

14:52, 26 February 2015 Thursday
Egypt army could play role in new Suez industrial hub

The new canal, that will allow two-way traffic of larger ships, is supposed to increase revenues by 2023 to $13 billion.

12:42, 26 February 2015 Thursday
Greece sees problems repaying IMF ECB

A day after euro zone finance ministers agreed to a four-month extension of a financial rescue, Finance Minister Yanis Varoufakis gave a frank assessment of Greece's financial position.

11:59, 26 February 2015 Thursday
Ghana reaches agreement with IMF on 1 bln aid deal

The agreement is the culmination of talks that began in September after the government decided its own solutions to its fiscal crisis were failing to convince investors.

15:51, 25 February 2015 Wednesday
EU seeks to lower energy dependency

Energy union highlights bloc's attempt to seek independency from its main gas supplier - Russia.

14:40, 25 February 2015 Wednesday
Germany readies reluctant approval of Greek extension

Merkel's right-left coalition is set to prevail, despite vocal pockets of resistance on the right and left.

23:47, 24 February 2015 Tuesday
Obama vetoes Keystone XL pipeline bill

Republicans passed the bill to increase pressure on Obama to approve the pipeline, a move the president said would bypass a State Department process that will determine whether the project is in the U.S. national interest.

22:18, 24 February 2015 Tuesday
Hungary wants Russian gas to flow through Turkey

Turkish PM Davutoglu expresses Turkey's readiness to help in supplying energy to Central Europe.

15:49, 24 February 2015 Tuesday
Drone sales to Gulf will surge after U S eases

General Atomics won a $200 million contract in 2013 from the United Arab Emirates for supply of an unspecified number of predator drones, the first such sale in the region

14:20, 24 February 2015 Tuesday
Russia warns of gas risks after Ukraine fails to pre-pay

Gazprom said in a statement that Ukraine had 219 million cubic metres (mcm) of gas left that would be used up in two days.

12:23, 24 February 2015 Tuesday
Greece makes more concessions to euro zone Germany sets vote

Greece's reform list must be accepted by its EU creditors in order for the indebted country to receive bailout extension.

10:34, 24 February 2015 Tuesday
Brazil truckers block roads in 7 states over price hike

Recent increases to fuel and toll prices, and taxes, are cited as among the truck drivers' main grievances

16:46, 23 February 2015 Monday
French defence minister due in India to rescue Rafale deal

Under the terms of the contract, 18 of the Rafale planes will be sold ready to fly while the rest will be assembled at a state-run Indian facility

14:15, 23 February 2015 Monday
Major Middle East shipping routes secure despite turmoil - U

Vice Admiral John Miller said that a "robust" U.S. and international maritime presence was helping to minimise threats to oil-producing countries in the region.



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