AFP, LONDON: Oil prices steadied yesterday, but remained on course for their third weekly gain after OPEC said it was open to a fresh deal on freezing output despite recent failed talks. The exporting group's Secretary-General Abdalla El-Badri said it could revive the discussion among members and…

Planning Minister AHM Mustafa Kamal will soon sit with the high-ups of all the ministries and divisions in phases in a bid to incorporate their ideas and suggestions in development projects and thus have better development outcomes, reports UNB. "I'll sit with the high-ups of all the ministries…

AFP, BRUSSELS: The European Union has proposed lifting a 15-month ban on fish exports from Sri Lanka after it said the country has cracked down on illegal fishing. The 28-nation bloc has meanwhile warned the Pacific island nation of Kiribati as well as Sierre Leone and Trinidad and Tobago that they…

AFP, TOKYO: Mitsubishi Motors shares nosedived for a third session yesterday morning, tumbling as much as 16 percent after the Japanese automaker's shock admission that it cheated on fuel-efficiency tests. Panic-selling on Wednesday and Thursday -- when the government raided one of its research…

AFP, BRUSSELS: Eurozone business activity slipped in April, a closely watched survey showed Friday, and the outlook remains gloomy despite major stimulus measures from the European Central Bank. Data monitoring company Markit said its April Composite Purchasing Managers Index (PMI) inched down to 53.0…

AFP, BEIJING: The global car industry gathers for its biggest annual event in China as analysts say the brakes are coming on in the world's number…

AFP,HONG KONG: Asian stock markets mostly retreated on profit-taking yesterday, tracing losses in New York and Europe, although crude prices rallied again…

AFP, AMSTERDAM:  Eurozone finance ministers launched thorny discussions on debt relief for Greece yesterday on the insistence of the IMF and despite deep German resistance. Eurogroup head Jeroen Dijsselbloem said there would be no deal to unlock bailout cash to Greece at the meeting in Amsterdam,…

AFP, KATHMANDU:  A year after an earthquake flattened her home in Nepal, Menuka Rokaya still lives in a tent with her husband and nine-month-old…