×

World Economy International Organizations

  • *Russia says OPEC, non- OPEC output cut could be extended. SINGAPORE, Oct 5- Oil prices dipped on Thursday after the United States reported record crude exports, although traders said that efforts led by OPEC and Russia to cut production meant markets remained well supported overall. West Texas Intermediate crude futures were trading at $49.86 per barrel at 0206...

  • SINGAPORE, Oct 5- Oil prices dipped on Thursday after the United States reported record crude exports, although traders said that efforts led by OPEC and Russia to cut production meant markets remained well supported overall. Some traders said this was also an indicator that markets remained amply supplied despite efforts led by the Organization of the...

  • ABIDJAN, Oct 4- Congo Republic's public or publicly guaranteed debt stood at 5.329 trillion CFA francs, or around $9.14 billion, at the end of July, the International Monetary Fund said at the end of an assessment mission on Wednesday. "The findings of the mission will inform the next steps toward a possible IMF-supported programme to restore macroeconomic...

  • ABIDJAN, Oct 4- Congo Republic's public or publicly guaranteed debt stood at 5.329 trillion CFA francs, or around $9.14 billion, at the end of July, the International Monetary Fund said at the end of an assessment mission on Wednesday.

  • WASHINGTON, Oct 4- U.S. business groups expressed frustration on Wednesday with what they said are China's efforts to tilt the economic playing field in favor of domestic companies, adding that World Trade Organization rules are insufficient to police all of Beijing's trade practices. The session will influence an annual report on China's WTO compliance by...

  • *Putin says supply cut with OPEC helps global economy. *Iran sees no objection in OPEC to deepening or extending cut. What we did with OPEC, I believe, is beneficial for all the global economy, "Putin told an energy forum in Moscow attended by several OPEC oil ministers.

  • *Italy swamped by requests to plant vines. NIPOZZANO, Italy, Oct 4- In the Italian valley where his family has made wine for 30 generations, Lamberto Frescobaldi says his growth plans are being hampered by new European Union rules. This year, Italy, the world's biggest wine producer, received requests to expand vineyards by 25 times the area permitted under...

  • *EU says Luxembourg did not tax much of Amazon profits. BRUSSELS, Oct 4- Amazon was told on Wednesday to pay about 250 million euros in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals. "We believe that Amazon did not receive any special treatment from Luxembourg and that we paid tax in full...

  • LONDON, Oct 4- Oil prices fell on Wednesday, pulled down by caution that rising U.S. crude output could scupper a rally that lasted for most of the third quarter. West Texas Intermediate crude futures were at $50.40 per barrel at 1315 GMT, down 2 cents from their last close. Brent crude futures were down 4 cents at $55.96 a barrel.

  • *Putin says supply cut with OPEC helps global economy. *Iran sees no objection in OPEC to deepening or extending cut. What we did with OPEC, I believe, is beneficial for all the global economy, "Putin told an energy forum in Moscow attended by several OPEC oil ministers.

  • *Putin says oil supply cut deal with OPEC helps global economy. *Iran sees no objection in OPEC to deepening or extending cut. What we did with OPEC, I believe, is beneficial for all the global economy, "Putin told an energy forum in Moscow attended by several OPEC oil ministers.

  • *EU says Luxembourg did not tax much of Amazon profits. BRUSSELS, Oct 4- Amazon on Wednesday was told to pay about 250 million euros in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals. "We believe that Amazon did not receive any special treatment from Luxembourg and that we paid tax in full...

  • MOSCOW, Oct 4- Oil producer group OPEC is looking at extending or deepening a supply-cutting deal with non-member countries, two OPEC ministers said on Wednesday, keeping open the prospect of additional action to get rid of a glut and prop up prices. The agreement by the Organization of the Petroleum Exporting Countries and non- OPEC producers including Russia...

  • BRUSSELS, Oct 4- The European Union ordered the world's largest online retailer Amazon on Wednesday to pay back about 250 million euros in taxes to Luxembourg, saying it was given an unfair tax advantage from 2003.. "Luxembourg gave illegal tax benefits to Amazon. The Commission said the exact amount of tax to be reclaimed would still need to be calculated by...

  • BRUSSELS, Oct 4- The European Union ordered the world's largest online retailer Amazon on Wednesday to pay back about 250 million euros in taxes to Luxembourg, saying it had been given an unfair tax advantage from 2003.. "Luxembourg gave illegal tax benefits to Amazon. However, the Commission added that the exact amount of back-payment would still need to be...

  • BRUSSELS, Oct 4- The European Union ordered the world's largest online retailer Amazon on Wednesday to pay back about 250 million euros in taxes to Luxembourg, saying it had been given an unfair tax advantage from 2003.. "Luxembourg gave illegal tax benefits to Amazon. However, the Commission added that the exact amount of back-payment would still need to be...

  • MEXICO CITY, Oct 3- As the United States, Mexico and Canada prepare for another round of negotiations to revamp the North American Free Trade Agreement, Mexico's economy minister on Tuesday urged the parties to stop fixating on trade deficits between the countries. The trade disparity between the U.S. and Mexico has been a frequent complaint of President Donald...

  • SINGAPORE, Oct 4- The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018, but added that the generally positive outlook was clouded by risks such as rising trade protectionism and geopolitical tensions. Latest GDP growth projections, percent:. China 6.7 6.7 6.4 Indonesia 5.0 5.1 5.3 Malaysia 4.2 5.2 5.0...

  • *World Bank raises China growth view to 6.7 pct in 2017 vs 6.5. SINGAPORE, Oct 4- The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018, but added the generally positive outlook was clouded by risks such as rising trade protectionism and geopolitical tensions. "The economic outlook for the region remains...

  • BRUSSELS, Oct 3- Britain and its European Union partners have agreed to ask the other members of the World Trade Organization to maintain the current level of quotas for farm produce after Brexit, EU sources said on Tuesday. Since negotiations began in June between London and Brussels on how to extract Britain from the bloc in March 2019, the two sides have been...