Weakness in the oil and gas sector dented General Electric's fourth-quarter results, pushing revenues lower despite gains in other industrial divisions, the company reported Friday.

Global payments company Western Union will pay $586 million to settle a US criminal investigation that found it had a weak anti-money laundering program and looked the other way when employees collaborated in fraud.

Sri Lanka has failed to attract bids from international airlines to privatise its loss-making flag carrier, but will continue its efforts to salvage the company, a minister said Friday.

China's state-owned chemical corporation ChemChina has asked US anti-trust regulators to greenlight its $43 billion acquisition of Swiss seed giant Syngenta, a report said Friday.

India pushed ahead with its decision to scrap banknotes even as the Reserve Bank of India's (RBI) own board expressed concern whether the cash could be replaced quickly enough, the central bank has said in written testimony to parliament.

HSBC has begun cutting around 100 senior jobs in its investment banking division worldwide this week, according to sources with direct knowledge of the matter.

Consumer-products giant Procter & Gamble reported better-than-expected quarterly earnings Friday and lifted its 2017 sales forecast, due in part to strong demand for health products.

A Samsung probe into the exploding batteries that forced the electronics giant to scrap its Galaxy Note 7 smartphones has found irregularly sized batteries caused overheating, the Wall Street Journal reported Friday.

JAPAN is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high.

JAPAN'S Toshiba Corp has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to avoid being crippled by an upcoming multibillion-dollar writedown.

The new US administration of President Donald Trump said on Friday its trade strategy to protect American jobs would start with withdrawal from the 12-nation Trans-Pacific Partnership (TPP) trade pact.

German Chancellor Angela Merkel vowed on Saturday to seek compromises on issues like trade and military spending with US President Donald Trump, adding she would work on preserving the important relationship between Europe and the United States.

US bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of US President-elect Donald Trump.

The global economy is in better shape than it's been in years. Stock markets are booming, oil prices are on the rise again and the risks of a rapid economic slowdown in China, a major source of concern a year ago, have eased.

The International Monetary Fund on Monday boosted its estimates for US growth on expected stimulus spending by the incoming Trump administration, but kept the forecast for global growth unchanged.

German Vice Chancellor and Economy Minister Sigmar Gabriel on Monday warned US President-elect Donald Trump not to slap punitive tariffs on imports from carmakers like BMW, Daimler and Volkswagen.

Commercial property prices in Tokyo, a bellwether for Japan's market, look to have peaked as the capital faces a glut of new offices even as the number of office workers is set to decline.

Saudi Arabia will launch in coming weeks a renewable energy programme that is expected to involve investment of between $30 billion and $50 billion by 2023, Saudi Energy Minister Khalid al-Falih said on Monday.

Sweden's four largest banks are using a calculation of the risk to their loan portfolios that critics say is flawed and leaves them vulnerable to any correction in the booming housing market.

Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders.