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Business News

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Eurozone ministers back 130bn-euro bailout for Greece

Eurozone finance ministers have reached agreement on a vital second bailout for heavily indebted Greece.
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Iran 'halts oil sales to France and Britain'

An Iranian oil ministry has said Iran has halted oil sales to British and French companies....
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Fake US bonds worth trillions seized

Italian prosecutors say they have broken up an organised crime ring that was hiding trillions of dollars of fake US bonds. ...
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S.Sudan oil row with Khartoum hurting China ties

South Sudan said its relations with China are being strained by accusations that Chinese oil firms may have cooperated with Sudan in seizing a portion of its oil in a row over transit payments. ...
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Carmaker Renault sees sales rise

France's second largest car maker Renault has reported a 9% increase in annual sales, helped by rising trade outside Europe. ...
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China to keep investing in euro zone debt: China c.bank

China says it will continue to invest in euro zone government debt ...
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Greece has made 'superhuman' sacrifices, says minister

Greece's public order minister has said the government has made "superhuman" efforts to comply with austerity demands made by the Eurozone. ...
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Emirates to fly to Portugal

Emirates is setting its sights on the land of Vasco da Gama by announcing flights to Portugal from 9th July....
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EU leaders in China for debt crisis talks

Leaders from China and the European Union are meeting for a summit set to focus on Europe's debt crisis. ...
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Sudan central bank ups dollar supply after gold sale

Sudan's central bank is increasing dollar supplies to local banks to stop a slide of the Sudanese pound after it generated more than $300 million from gold sales, a central bank official said on Sunday....
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