Prices showed firmness on the cotton market on Friday as some leading mills did finer type buying because rates were matching with their psychoological levels, dealers said Official spot rate was unchanged at Rs 5,900,

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Argentina filed complaints Wednesday with the World Trade Organisation charging the United States with erecting trade barriers against its beef and lemons, and the European Union with protectionist measures against its biodiesel. Buenos Aires took

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Deutsche Bank's directors will question the management board over claims the lender failed to recognise billions of euros in unrealised losses during the financial crisis, two sources said. The supervisory board, which has 20 independent

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China's crude oil imports from Saudi Arabia are likely to rise about 11 percent next year, faster than this year's growth rate, as refiners lift output in anticipation of an economic recovery and an increase

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A panel of Indian ministers wants to cut the reserve price of mobile phone airwaves by 30 percent in four zones to attract bidders that shunned last month's auction because the prices were too high.

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Thomas O'Malley, the US refinery magnate with a history of squeezing profits from forsaken facilities, is using a rare shipping maneuver to bolster margins, bringing imported Saudi crude from the Gulf of Mexico to his

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ECB President Mario Draghi said on Friday that Hungary's central bank must retain its independence to be credible - a rare public warning about undue political influence ahead of a change in the bank's leadership.

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Bosnia has scrapped a power export fee to meet European Union regulations, the country's electricity regulator said on Friday, a move traders say will boost the wholesale market. Currently, Bulgaria, Romania and Greece are the

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British industrial production unexpectedly fell in October after factory output posted its biggest drop since June, reinforcing fears that the economy will shrink again at the end of this year. It combined with weak trade

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Uganda's parliament on Friday passed controversial legislation governing the country's nascent oil sector that critics say hands too much power to the president. "The bill has been passed...the government took the day," said Uganda's state

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