The euro gained ground against the dollar late on Friday after getting a lift from a better-than-expected improvement in the Ifo business confidence survey in Germany more »
Industrial giants of Ukraine and Austria have shown keen interest in revamping and expansion project of Pakistan Steel Mills, a press release of the Pakistan Steel Mills said more »
A consortium of Western banks headed by Germany’s Deutsche Bank has postponed the signing of a credit agreement with Russia’s gas monopoly Gazprom due to the restraining order announced by a U.S. bankruptcy court on the property of Yukos Oil Company more »
India and Czech Republic today agreed to increase exports in emerging niche areas like IT, engineering items, pharmaceuticals and medical equipment more »
Gazprom does not have to borrow from foreigners to finance its bid for Yuganskneftegaz, the main production unit of the embattled oil company YUKOS more »
An agreement signed Wednesday between Denmark and Estonia is the first step toward construction of a 13-turbine windmill park near the Estonian capital more »
ONGC Videsh Ltd, the foreign arm of ONGC, is eyeing oil fields in the Caspian Sea, Indian Petroleum Minister Mani Shankar Aiyar said on Tuesday. more »
A US bankruptcy judge on late Thursday issued a temporary injunction to block this weekend's sale of embattled Russian oil giant Yukos' main production subsidiary, Yuganskneftegaz more »
Albania received a loan of US$10 million (Aˆ7.5 million) from the World Bank to help improve the country's education, health and social services, the Finance Ministry said Wednesday more »
Budget airlines flying into Ferihegy Airport have boosted Hungarian tourism coffers by $120 million, according to regional development minister István Kolber more »