When arch-hawk Axel Weber withdrew last week from the contest to head the European Central Bank, the euro and bond yields dipped -- a sign of how crucial markets think the ECB's president may be in shaping its policy.
Cocoa prices at the farmgate in Ivory Coast are falling sharply and farmers are fast running out of money, with potentially damaging consequences for the cocoa mid-crop, farmers said on Wednesday.
China announced a shake-up of its rare earths industry on Wednesday, vowing reasonable quotas on mining and exports to bring order to the small but strategic sector where its dominance has spooked foreign buyers.
China's new review body for inward M&A could bring some much-needed transparency to the deal approval process and even make it quicker for foreign companies to get tie-ups with mainland firms past the authorities.
Jens Weidmann has been named chief of the Bundesbank, replacing Axel Weber who recently quit for “personal reasons.”
France and Italy have fallen badly behind on pledges to boost their development aid and should follow the example of Britain, which has stuck to pledges despite austerity measures, Bob Geldof said on Tuesday.
Transparency campaigners sued the European Union's executive on Tuesday for withholding documents on free trade talks with India, stepping up pressure on the bloc to make its policymaking less secretive.
A Chinese company has won a 900 million euro ($1.21 billion) contract to build a new international airport in the Sudanese capital Khartoum, underscoring the close links between China and sanctions-hit Sudan.
Chinese inflation data helped ease investor concerns on Tuesday that the world's No 2 economy will have to tighten monetary policy more aggressively, but other data releases kept markets in a tight range.
China is the top economy in the world, the majority of Americans believe, according to the latest Gallup Poll.
Cuba has released two more political dissidents -- Hector Maseda and Angel Moya – from prison in a deal arranged by the Catholic Church.
Resurgence of far-right in Europe (SLIDESHOW)
The chief of Germany’s central bank Axel Weber will resign from his job at the end of April, according the German government, following a meeting with German chancellor Angela Merkel
Bundesbank president Axel Weber said in an interview released on Saturday he decided he did not want to be a candidate for the European Central Bank presidency because of a lack of acceptance in some European countries.
Zimbabwe is an important ally to China and Beijing will seek to further strengthen ties, Chinese Foreign Minister Yang Jiechi said of a country isolated by the West under President Robert Mugabe's rule.
The European Union’s (EU) energy commissioner has said that the EU’s new partnerships with Central Asian nations do not pose a threat to Russia’s gas sales to Europe.
A halt to cocoa-buying in Ivory Coast is leaving beans to rot in farm warehouses, while smuggling through Ghana intensifies and some growers switch to other crops, farmers said on Thursday.
Power cuts, shortages of medicine and cooking gas, empty cash machines, depleted shops and piles of uncollected trash: these were things Ivorians used to see as the scourge of their poorer West African neighbours.
Industrial production in the UK rose in December last year, mainly led by a sharp increase in the output of utilities.
Nearly one third of internet users in European Union caught a computer virus last year, according to recently released figures from Eurostat, the statistical office of the European Union.
As Ireland slowly recovers from its financial crisis, the economy will not be able to create any jobs and consumer spending will remain depressed, according to a study by NCB Group, the Dublin-based financial services firm.
South Sudan voted overwhelmingly to declare independence in final results of a referendum announced on Monday, opening the door to Africa's newest state and a fresh period of uncertainty for the fractured region.
