
A leading business group has predicted that unemployment will increase to almost three million next year in Britain, where the economy is still facing "serious challenges".

A leading business group has predicted that unemployment will increase to almost three million next year in Britain, where the economy is still facing "serious challenges".

The head of British Gas has warned that the British nationals would face huge increase in energy bills including gas and electricity, following green taxes and upgrading ...

The British oil company, BP Plc , has agreed to pay £4.9 billion to thousands of people and businesses hit by 2010 Gulf of Mexico oil spill.

The United States has forced a Dubai bank to end all business dealings with Iran in line with efforts to force the Islamic Republic into freezing its nuclear energy progr...

A senior European Commission (EC) official says the European Union loses some 600 million euros ($800 million) per annum over fraud.

A Chinese political activist has sharply criticized the World Bank’s report that says China should privatize its state-owned businesses, describing it as “poi...

Standard & Poor's Ratings Services has downgraded Greece’s sovereign credit rating to 'selective default' in response to the country’s decision to involve the...

Global oil prices continue their upward spiral, climbing to their highest levels in nine months over Iran’s warning that it may cut off oil exports to more European...

An Iranian lawmaker has warned that if the recent US-engineered sanction on Iranian oil sector enters into force, it will deliver a “great shock” to the globa...