China will seek to attract foreign investment in its larger state-owned enterprises (SOEs), which are undergoing reforms to make them more competitive, the head of the country's state asset regulator said. China began a new

Read More

US President Donald Trump said Saturday he was briefed at his Florida resort by negotiators working to reach a trade deal with Beijing after their return from "very productive" meetings with Chinese officials. "Trade negotiators

Read More

Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under US sanctions, a Gazprombank source

Read More

South African defence company Paramount Group expects to sign agreements with four African governments this year to set up production facilities in their countries, its chairman said on Sunday. Paramount, Africa's largest privately owned defence

Read More

South Africa wants to talk to independent power producers (IPPs) about lowering the price Eskom pays for electricity from older renewable energy projects, a senior minister told Reuters, as the state utility struggles to emerge

Read More

Chinese conglomerate HNA has cut its stake in Deutsche Bank to 6.3 percent, according to a filing with the US Securities and Exchange Commission. That marks a reduction from 7.64 percent of voting rights reported

Read More

British regional airline Flybmi has gone into administration and has cancelled all flights with immediate effect, the company said in a statement on Saturday, blaming Brexit uncertainty as one of the reasons for its collapse.

Read More

The timing of the European Central Bank's first post-crisis rate hike hinges on whether the euro zone's current slowdown is a blip or a more protracted downturn, ECB policymaker Francois Villeroy de Galhau said in

Read More

Recent data point to a weakening eurozone economy, the European Central Bank's Olli Rehn told a German newspaper on Sunday, adding that interest rates would remain at the current level until monetary policy goals have

Read More

The crown led gains by Central European currencies on Friday after a report showed the Czech economy had grown more than forecast, reinforcing expectations for more monetary policy tightening in Prague. Chances had already grown

Read More