Outside a small store on a dirt track in the remote Ethiopian town of Doni, long queues wait for government cash handouts by the most modern of methods: mobile phone.

A group of international steel producing countries has called for urgent action to curb overproduction. The call comes days after international talks to find measures to tackle the industry crisis failed.

Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes.

French authorities have sent McDonald's France a 300 million euro ($341 million) bill for unpaid taxes on profits believed to have been funnelled through Luxembourg and Switzerland, business magazine L'Expansion reported on Tuesday.

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.

Morgan Stanley's quarterly profit more than halved as the Wall Street bank's trading and investment banking businesses took a hit from market volatility early in the year.

Greece is examining a proposal by its creditors for additional cuts in return for debt relief, a government source said Monday as reform talks with senior EU-IMF officials were due to resume.

Bailed-out Cyprus recorded a 40-percent hike in tourist arrivals in March, setting the stage for a record year for the holiday island and indicating an economic revival, official data showed Monday.

Saudi Arabia's increasingly bitter dispute with Iran is now being played out in the oil market. The kingdom has stubbornly blocked a

Key players in the world's struggling steel industry gathered in Brussels on Monday to try to push China to scale back overproduction blamed for causing plant closures and job losses.

Pakistan's Habib Bank Limited on Monday announced it had received a licence to open a branch in China, a move that would make it the first South Asian lender to operate in the world's number two economy.

Singapore exports tumbled at their fastest pace in three years in March on falling shipments to Europe and China, official data showed Monday, supporting forecasts for slower economic growth and further monetary easing this year.

If Britain leaves the European Union its economy could be 6 percentage points smaller than it would otherwise have been by 2030, the British finance ministry warned in a report on Monday that was dismissed as scaremongering by eurosceptics.

A walkout by thousands of Kuwaiti oil workers entered its second day on Monday, slashing production by over 60 percent as the government looks abroad to recruit foreign employees.

On a warm September morning in 2014, the 10-man board of Brazilian steelmaker Usiminas met on the ninth floor of a blue glass tower in Sao Paulo.

The Indian finance ministry is asking for regular progress reports from tax collectors and has set a date for an amnesty to pay off arrears on undeclared domestic assets, as the government intensifies efforts to meet its ambitious deficit target.

The Palestinian economy is losing hundreds of millions of dollars every year over outdated or insufficiently enforced fiscal agreements with Israel, a World Bank report said on Monday.

Thousands of Kuwait's oil workers began an open-ended strike on Sunday to protest plans to cut their wages, action which saw the emirate's crude production plunge.

A spike in tensions between arch-rivals Saudi Arabia and Iran appeared on Sunday to ruin prospects of the first binding oil output deal in 15 years between Opec and non-Opec nations, and looked set to prompt another fall in the price of crude.