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Sterling Dips on Report of 'Impossible' Brexit Deal

Sterling slid Wednesday on a report that a Brexit deal might be impossible unless the UK government budges from its stance, dealers said.

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China Sees 'No Difference' with US on Trade Deal

China said Tuesday there was "no difference" with the United States on reaching a trade agreement, amid scepticism over what US President Donald Trump has called a "substantial phase one" deal.

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Asian Markets Edge Up but Caution Keeps Traders in check

Asian markets mostly rose but investor caution returned as the optimism fanned by Donald Trump's much-vaunted China trade deal wore off, while the pound was boosted by a report saying a Brexit deal was taking shape.

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Bangladesh Uber Drivers Strike for Commission Cut

Bangladesh's already congested capital Dhaka was further disrupted Monday as thousands of Uber drivers went on strike in the city of 20 million, demanding a cut in the commission they pay to the global ridesharing giant.

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French Energy Giant Total to Buy 37% Stake in India's Adani Gas

Total has agreed to buy a 37.4 percent stake in India's Adani Gas, the two firms said Monday, with the French giant spending $600 million to expand its access to the energy-hungry country.

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Nigeria Says No 'Time Limit' on Border Closure for Goods

Nigeria's customs chief on Monday said a ban on goods coming into the country across its land borders will last as long as it takes for neighbors to stem the flow of smuggled merchandise. 

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Asian Markets Rally after China, US Reach Partial Trade Deal

Asian investors on Monday cheered a partial trade deal between China and the United States, sending regional markets rallying, though observers were sceptical about the overall significance of the agreement.

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Russia, KSA Seal Key Oil Deal during Putin Visit

Energy superpowers Saudi Arabia and Russia on Monday signed a key deal to bolster cooperation among the world's oil giants, as visiting President Vladimir Putin sought to defuse political tensions in the Gulf.

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Iran Discovers Gas Field near Gulf

Iran has discovered a gas field near the Gulf with enough reserves to supply the capital for 16 years, state media reported on Sunday.

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GM Workers Struggle with Daily Expenses as Long Strike Continues

Betty Johnson, who has worked on General Motors assembly lines in Michigan and Tennessee for more than 34 years, said she knew a strike by the United Auto Workers union would mean personal sacrifice.

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