As the extreme volatility of cryptocurrencies makes them difficult to depend on for day-to-day use, another type of virtual currency is gaining popularity: stablecoins.

State-owned UAE energy giant Abu Dhabi National Oil Co. on Sunday signed a $4 billion deal with U.S.-based investors BlackRock and KKR granting them a minority stake in its pipeline arm.

"Going, going, gone!" resonate the enticing chants of auctioneers in the narrow streets of a trendy Istanbul neighborhood, fascinating onlookers who are surprised, not so much by the fast pace of the bidding, but by the prices in such economically troubled times.

Huawei's chairman on Sunday shrugged of the risk that President Donald Trump could issue an executive order banning the Chinese telecom giant, saying the company could succeed without the U.S. market.

The German economy is "in better shape" than feared, analysts said Friday, after detailed data for the fourth quarter of 2018 showed a dashboard with few red lights despite flat growth.

German auto giants BMW and Daimler said Friday they would invest one billion euros ($1.1 billion) in combining and extending their carsharing schemes DriveNow and Car2Go, in future offering a slew of "mobility services", including for electric cars.

Germany top court on Friday backed Volkswagen owners' claims against the firm over cars rigged to cheat regulatory emissions tests, in an opinion that could guide lower courts' rulings.

President Donald Trump is due to meet Friday afternoon with China's top trade negotiator, as talks continue to try to defuse the escalation of the tariff war between the world's economic superpowers.

Removing U.S. tariffs on steel and aluminum would benefit the United States, Mexico and Canada, a top U.S. official said Thursday, adding that he was hopeful it will happen "sooner rather than later."

Former Renault and Nissan head Carlos Ghosn and his wife invited friends to a $260,000 Carnival party in Brazil last year and charged it to his employers, documents seen by AFP show, a move Ghosn's lawyer defended as a routine corporate function for a multinational CEO.