Europe's leading stock markets steadied at the start of trading on Friday, as investors awaited next week's crucial interest-rate decision from the US Federal Reserve.London's benchmark FTSE 100 index rose 0.1 percent to 7,608.13 points.In the eurozo...

By AFPFrench banking giant Societe Generale announced Thursday agreements to sell its subsidiaries in Chad, Congo-Brazzaville, Equatorial Guinea and Mauritania to two pan-African firms.The Vista Group will acquire Societe Generale Congo and Societe G...

By AFPThe Turkish lira sank to a new low against the dollar on Wednesday, more than a week after the re-election of President Recep Tayyip Erdogan.The currency, which was propped up by the central bank before the presidential election, fell five perc...

By AFPOilprices advanced Monday after key producer Saudi Arabia slashed output by a million barrels in a bid to prop up prices, while Wall Street stocks retreated from multi-month peaks.After an initial surge on the Saudi announcement, crude prices m...

By AFPA Citroen 2CV made of wood, thought to be the only one of its kind, has sold for 210,000 euros($225,000) at auction in France, setting a new price record for the iconic vehicle.The car, in full working order and registered in France, beat expec...

By AFPMajor oil producers led by Saudi Arabia and Russia met Sunday to discuss slashing output further in a bid to prop up prices, talks that are seen as tough amid tensions between Riyadh and Moscow.The 13-member Organization of the Petroleum Export...

Three major chemical manufacturers announced Friday they will pay nearly $1.2 billion to settle claims that they contaminated water sources across the United States with harmful "forever chemicals" known as PFAS.Chemours, DuPont and Corteva said in a...

US senators voted to suspend the federal debt limit Thursday, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury.Economists had warned the country coul...

By AFPGlobal mining giant BHP said Thursday it had been underpaying thousands of Australian staff for more than a decade, an error that will cost at least US$280 million to fix.The company said 28,500 current and former employees were stripped of pai...

By AFPBritain's biggest business lobby group on Wednesday said it was mulling options, reportedly including bankruptcy, after it was rocked by allegations of sexual harassment by staff.The Confederation of British Industry has been mired in a scandal...

By AFPThe Swedish economy grew more than expected in the first quarter despite high inflation and rising interest rates, official statistics showed Tuesday.The top Nordic economy expanded by 0.6 percent in the first three months of the year, avoiding...

By AFPOil-dependent Iraq has been warned its economy risks going into "intensive care" unless it diversifies in line with worldwide efforts to tackle the impact of fossil fuels on the climate.The country's vast oil reserves are enough to produce crud...