Iran has about $100 billion in foreign exchange assets around the world, of which it will be able to access $4.2 billion under last year's nuclear agreement with six world powers, a senior U.S. administration official said on Friday.
The...
In recent weeks Russia has stepped up supplies of military gear to Syria, including armored vehicles, drones and guided bombs, boosting President Bashar al-Assad just as rebel infighting has weakened the insurgency against him, sources with knowledge of the...
Czech President Milos Zeman appointed center-left leader Bohuslav Sobotka prime minister on Friday, opening the way for the former finance minister to pursue looser fiscal policies and closer links with the core of Europe.
The 42-year-old trained lawyer was named...
The three small parties backing Italian Prime Minister Enrico Letta's coalition government threatened on Friday to bring down his administration unless they are part of an agreement on electoral reform.
Italy's politicians are making a fresh attempt to reform the...
U.S. industrial output rose at its fastest clip in 3-1/2 years in the fourth quarter as factory activity closed out the year on a strong note, a sign of the economy's brightening prospects.
Manufacturing production rose a stronger-than-expected 0.4 percent...
U.S. consumer sentiment slipped in its first January measure, weighed by lowered expectations among lower- and middle-income families, a survey released on Friday showed.
The Thomson Reuters/University of Michigan's preliminary reading on the overall index on consumer sentiment came in...
Morgan Stanley rolled forward its plan to reduce its risky assets as the Wall Street bank focuses on generating a higher return on equity, a measure where it lags its rivals.
The bank, which reported a sharp fall in quarterly...
Stocks dipped at the open on Friday, in the wake of earnings from Morgan Stanley and General Electric and ahead of data on the housing market and consumer sentiment.
The Dow Jones industrial average .DJI fell 1.25 points or 0.01...
The controversy surrounding the anti-gay bill recently signed into law as announced by Reuben Abati, the Special Adviser to President Goodluck Jonathan on Media and Publicity few weeks back has continued unabated, further generating much buzz. It even gets...
We do not have to be a world leader first, African leader or even a national leader to empower folks in our jurisdiction with tools regardless of ethnic, class or political ideology. It is how true leaders are remembered....
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
