A P Moller-Maersk warned a trade war between the United States and China could curb container traffic this year after the world's largest container shipping company beat second-quarter profit expectations. Maersk said the escalating trade

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China's Alibaba Group Holding Ltd reported better-than-expected quarterly revenue and profit on Thursday, aided by growth in its e-commerce and cloud computing businesses. The beats show the company is managing to outperform expectations even as

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Saudi energy giant Aramco said on Monday its first half net income for 2019 slipped nearly 12 percent to $46.9 billion, a first such disclosure that still reinforces its position as the world's most profitable

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The US-China trade war and uncertainty over Brexit pose risks to Africa's economic prospects that are "increasing by the day," the head of the African Development Bank (AfDB) told Reuters. The trade dispute between the

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A federal judge on Friday allowed PG&E Corp to retain the sole rights to propose a plan to exit bankruptcy, as he rejected efforts by investors to put forward competing plans, according to court documents.

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Australia's treasurer on Sunday released a roadmap outlining how the government intends to push for swift implementation of recommendations from a high-powered inquiry for changes to help clean up the country's financial sector. A government-appointed

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Germany has the fiscal strength to counter any future economic crisis "with full force", Finance Minister Olaf Scholz said on Sunday, suggesting Berlin could make available up to 50 billion euros ($55 billion) of extra

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Malaysian palm oil production is forecast to rise to 20.3 million tonnes this year due to expected good weather, an industry regulator said. Rising output in the world's second largest palm producer could weigh on

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China's Ganfeng Lithium said on Sunday it had completed a $160 million deal to raise its stake in the Cauchari-Olaroz lithium brine project in Argentina to 50%. Ganfeng, based in southeastern China's Jiangxi province, is

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Argentina's Economy Minister Nicolas Dujovne resigned Saturday after a week of economic tumult caused by President Mauricio Macri's defeat in a primary poll ahead of a general election. Dujovne will be replaced by Hernan Lacunza,

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