The European Central Bank will not tighten policy to counter surging inflation as the rise is temporary and due almost entirely to rising oil prices, ECB President Mario Draghi said, brushing…

Britain's tax burden is set to rise to its highest level for 30 years under Chancellor Philip Hammond's plans, despite continuing cuts in public services, according to an influential economic…

The Swiss franc’s high value, especially compared to the euro, the most important currency for Swiss exports, continues to have a negative effect on the confederation’s economy, Swiss newspaper…

Introducing fuel stamps would help people struggling to cope with fuel price hikes, trade unionists and economists say.

The General Federation of Oman Trade Unions has urged the government…

Qatar’s finance minister says a new unified value-added tax across the Persian Gulf Arab countries could come into effect as early as next year as the oil-rich region searches for new sources of…

Malaysia’s economy will grow by 4.2% this year, aided by an improvement in exports, recovering commodity prices and robust domestic consumption, Bernama reported. OCBC Bank economist, Wellian…

The US trade deficit narrowed slightly in December, but the improvement wasn’t enough to keep the deficit for the entire year from rising to the highest level since 2012. That should provide fuel…

Canada sold $923 million more worth of goods and services to the world than it bought in return in December, new numbers from Statistics Canada showed Tuesday, CBC reported. Canada’s trade surplus…

Taiwan’s exports grew from a year earlier in January on the back of solid global demand, in particular electronic devices, marking the fourth consecutive month that the country’s outbound sales…

Troubled Greece will buckle under the weight of its huge debts, which are highly unsustainable over the longer term, according to damning analysis of the eurozone’s bailout by the International…

With more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling…

Asian stocks fell broadly on Tuesday as economic and political uncertainty gripped global markets. Given the worries about the political landscape in Europe and lingering uncertainty surrounding…

Current oil prices are close to the level Qatar needs to finance spending, and the government has not made a decision on whether to sell debt, according to Finance Minister Ali al-Emadi.

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The oil-trading boom that cushioned the profits of Royal Dutch Shell Plc and BP Plc through the price slump of 2015 and early 2016 is over.

Norway's integrated oil and gas company Statoil plunged to an unexpected loss in the fourth quarter of last year, as it cut its long-term assumptions for the price of oil and took a $2.3 billion…

Takht-e-Jamshid Petrochemical Complex as well as the second phase of Karoun Petrochemical Company (KRNPC) was officially inaugurated on Monday in Mahshahr Special Petrochemical Economic Zone in…

Tehran and Muscat on Tuesday signed a preliminary agreement for a major offshore pipeline project to supply Iranian natural gas to Oman, with top European and Asian companies reportedly in line to…

The gas units of two combined-cycle power plants (CCPP) in the southern Khuzestan Province came on stream Tuesday in a ceremony attended by Vice President Es'haq Jahangiri.

Solar jobs in America increased at a "historic" pace in 2016 on "unprecedented" consumer demand as the cost of solar panels declined, according to The Solar Foundation's National Solar Jobs Census…

Winners of the 34th Iran National Award for Book of the Year and 24th Iran World Award for Book of the Year received their prizes from President Hassan Rouhani, at a ceremony at Tehran’s Vahdat…

A pile of sawn pieces of wood stand by the roadside leading to the Wooden Mosque in Mohammadabad village near Neyshabur city, Khorasan Razavi Province, in silent protest against tree cutting and…

Iranian author, researcher and translator Masoud Khayam, 69, has simplified the philosophy of science in his latest book ‘Half Glimpse: from Aristotle to Heisenberg.’

The 2017 Academy Award nominees came together on Monday, February 6, for the annual Oscars luncheon, hosted by the Academy of Motion Picture Arts and Sciences, at the Beverly Hilton Hotel in…

There are a total of 300,000 catalogued manuscripts in the country, says Ehsanollah Shokrollahi, director general of Rare Books at the National Library and Archives of Iran.

Young people may be at risk for HIV infection, but very few get tested, partly because it can be difficult to access testing, researchers say.