NEW DELHI The United States has raised concerns about the functioning of the World Trade Organisation and asked for reforms, WTO Director General Roberto Azevedo said on Monday.
Recent Business News
LONDON Qatar has asked U.S. regulators to investigate the U.S. subsidiary of the largest bank in the United Arab Emirates, accusing it of "bogus" foreign exchange deals designed to harm its economy as part of a blockade by Gulf neighbours.
LONDON Britain has rebuffed calls from the gas industry for an urgent review of the country's gas storage capacity after a cold snap this month triggered warnings of supply shortages and gas prices spiked to their highest in at least a decade.
LONDON Oil prices eased on Monday after rallying at the end of last week, but tensions between Saudi Arabia and Iran helped limit losses.
BERLIN The co-head of Goldman Sachs in Germany, Joerg Kukies, will become deputy finance minister in the new German government, a spokesman for the finance ministry said on Monday.
BEIJING The appointment of central bank insider Yi Gang as the new People's Bank of China governor signals continuity in policymaking, even as Yi is expected to have less room than his predecessor to push for reforms as Beijing focuses on stability.