Brazil state oil giant Petrobras announced Tuesday it has concluded the sale of $1.38 billion in assets in Argentina and Chile.

German engineering giant Siemens pledged Wednesday to expand its renewables business, after posting a set of results that it deemed "convincing".

Earthquake-stricken Nepal cut its economic growth forecast on Tuesday for the fiscal year that ends in mid-July to the lowest in 14 years, saying persistent fuel shortages after a blockade of its border with India have hampered economic activity.

India has rejected a plan by Apple Inc to import used iPhones, government officials said on Wednesday, a blow to the US tech giant that has been seeking to revive waning sales of its flagship smartphones.

Two groups signalled their interest in buying the British assets of Tata Steel on Tuesday, offering hope that thousands of jobs could be saved after weeks of uncertainty.

US companies pulled back on hiring in April, payrolls group ADP said Wednesday, in a fresh sign of continued sluggishness in the economy.

Oil prices rebounded in Asia Tuesday but nagging worries about excess supplies kept them below 2016 highs after data showed Iran and Iraq increasing output.

Australia on Tuesday unveiled a further push to crack down on tax avoidance by multinational companies, imposing a 40 percent penalty rate on firms that shift profits offshore.

China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said Tuesday.

Iran and South Korea have decided to triple their annual trade volume to $18 billion, President Hassan Rouhani announced on Monday after meeting his South Korean counterpart Park Geun-Hye.

With their country gripped by an economic crisis, Venezuelans lost half an hour of sleep Sunday as their clocks were set forward to save power on President Nicolas Maduro's orders.

US oil services companies Halliburton and Baker Hughes announced Sunday they were calling off their massive multibillion-dollar proposed merger that had met strong resistance from regulators.

One of Saudi Arabia's most powerful firms, the Saudi Binladin Group, has laid off 77,000 foreign workers, a Saudi daily reported on Monday, citing an anonymous company official.

Japan wants to work with countries in the lower Mekong river basin and will help them improve infrastructure and bolster development with 750 billion yen ($7 billion) in aid over three years, its foreign minister said on Monday.

Greenpeace charged Monday that a massive US-EU trade deal would place corporate interests above the environment and consumer safety, as it released classified documents from the negotiations.

Oil prices fell about 2 percent on Monday as production from the Organization of the Petroleum Exporting Countries was close to all time peaks and record speculative buying in global benchmark Brent sparked profit-taking on last month's outsized rally.

Google is likely to face its first European Union antitrust sanction this year, with little prospect of it settling a test case with the bloc's regulator over its shopping service, people familiar with the matter said.

Even a small country could be a very promising market for Bangladesh if it has deep diplomatic relations with that country.

Plunging crude prices battered oil giants' profits in the first quarter, another blow following credit downgrades, layoffs and drilling cutbacks in the wake of a long rout.

Nissan has said it will recall more than 3.8 million vehicles, mostly in North America, because the passenger-side airbag may not deploy in a crash due to a defect in the seat sensor.