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.

The political stalemate that has left Spain without a government since unconclusive December elections hasn't damaged the economy as official data released Friday showed the economy expanded at a healthy pace in the first quarter.

The eurozone's economy grew far beyond expectations in the first quarter of 2016, finally surpassing pre-crisis levels after eight years, as cheap oil and credit made itself felt.

The United States named Germany, China and three other East Asian countries on Friday to a new "monitoring" list of trade partners with excessive current account and trade surpluses.

British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit's IPO, people familiar with the matter said, kicking off its long-awaited listing plan.

The yen hit an 18-month high on Friday as investors bet the Bank of Japan might be done adding stimulus to the economy, while stocks in Europe and on Wall Street headed lower as earnings disappointed.

Germany's federal and local governments reached agreement on Friday with public sector workers on a pay rise, settling a dispute that grounded hundreds of flights during a warning strike two days earlier, sources said.

Desperately seeking an antidote to a rapidly aging population, Japanese policymakers are exploring ways to bring in more foreign workers without calling it an "immigration policy".

Sri Lanka is expected to reach a staff level agreement with the International Monetary Fund (IMF) for a loan as early as this week, the central bank deputy governor said on Tuesday.

APPLE Inc on Tuesday posted its first-ever decline in iPhone sales and its first revenue drop in 13 years as the company credited with inventing the smartphone struggles with an increasingly saturated market.

Leaving the European Union would cost the average working Briton the equivalent of a month's salary by 2020, the Organisation for Economic Co-operation and Development said on Wednesday, joining a list of economic bodies warning against an exit.

Etihad Airways said on Wednesday its net profit for 2015 surged 41 percent to $103 million on the back of rising passenger numbers and cargo volumes.

Trade protection measures cannot solve the fundamental problem facing the global steel industry, China's Ministry of Commerce said on Monday in response to Australia imposing import duties on Chinese rebar.

Ukraine will closely track assets belonging to owners of banks to stop the offering of sweetheart loans to shareholders - a practice that helped bankrupt 40 percent of the banking sector, a deputy governor of the central bank said.

Britain's unemployment rate stands at its lowest level in more than a decade, but the jobless total has risen for the first time in almost a year, data showed Wednesday.

Oil prices fell on Wednesday as investor focus returned to worries about oversupply after Kuwaiti workers ended a three-day strike that had halved the nation's crude output.

Global payments technology company Visa announced the launch of its “Swipe & Save” campaign for its customers in Bangladesh.

The German government on Wednesday stuck to its economic growth forecast of 1.7 percent for this year, despite a slowdown in emerging markets, as strong domestic demand replaces exports as the main pillar of Europe's largest economy.

The European Union charged Google on Wednesday with abusing the dominant position of its Android mobile operating system, opening a second front against the US technology giant that could lead to large fines.