VIENNA OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
MOSCOW Russian state holding company Rosneftegaz on Saturday signed a deal with the Qatar Investment Authority (QIA) and commodities trader Glencore to sell a 19.5 percent stake in state-owned oil major Rosneft , Rosneft said.
ATHENS Greek lawmakers approved the country's 2017 budget on Saturday, projecting a return to strong economic growth next year but also imposing a wave of tax hikes and austerity cuts prescribed by its international lenders.
BERLIN European Central Bank policymaker Jens Weidmann has said state involvement in the rescue of Italian banks can't be ruled out, piling further pressure on the Rome government to bail out Monte dei Paschi di Siena .
PARIS France's Vivendi denied on Saturday it was discussing a cross-ownership deal with telecoms operator Orange, insisting that any potential talks between the two groups were focussed on its pay-TV unit Canal Plus.
SEOUL South Korea's finance minister said on Sunday parliament's vote to impeach President Park Geun-hye could hamper economic growth if sentiment was undermined.
LONDON Rupert Murdoch's new takeover approach for British pay-TV firm Sky should be investigated by the UK's competition authorities, according to opposition politicians, though analysts said a deal should be easier to get through this time round.
NEW YORK U.S. insurer Prudential Financial is investigating whether Wells Fargo employees signed up customers for its life insurance policies without their knowledge, a spokesman said on Saturday.
LONDON Britain's retailers enjoyed their strongest monthly sales growth for 14 months in November, helped by a return to growth in the fashion sector for the first time since January, industry data showed on Saturday.
SEOUL South Korea's Hyundai Heavy Industries Co Ltd said on Sunday it had won a $700 million (556.75 million pounds) order to build 10 ships for Iran's state-owned Islamic Republic of Iran Shipping Lines.