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Greece Hopes Migrant Burden Will Turn into Boon

Two decades ago, an influx of half a million migrants boosted Greece's economy. Today, the government and some experts hope a new wave of migrants will do the same.

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Qatar Airways Launches World's Longest Flight

Qatar Airways launched the world's longest scheduled commercial service with its inaugural flight from Doha to Auckland taking off eight minutes early on Sunday, a company spokeswoman said.

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Paris Tourism Hit Again by Paris Louvre Attack

The thwarted attack near the Louvre museum on Friday will likely further tarnish the reputation of Paris, still reeling from a series of terror attacks, as a tourist destination.

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Jobs Surge Sends Stocks Higher

European and U.S. stock markets advanced Friday on data showing a surge in new job creation in the United States last month, while U.S. bank stocks jumped on moves by President Donald Trump to roll back financial regulations.

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Trump Moves to Rollback Financial Regulation

President Donald Trump will on Friday move to roll back key reforms enacted in the wake of the 2008 financial crisis, in what the White House sees as an effort to cut damaging red tape.

Officials say Trump will sign two executive actions asking the Treasury and the Labor Department to look into ways of reforming rules that were designed to make markets safer and give consumers more protection.

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Gold Shines in 2016 on Keen Investment Demand

Demand for gold rose in 2016 to a three-year high, aided by keen investment appetite for the precious metal, the World Gold Council said Friday in a report.

Total demand for gold -- whose twin drivers are jewellery and investment buying -- advanced two percent to 4,309 tonnes compared with 2015, London-based industry body WGC said in a report.

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Facebook Vows Aggressive Investment as Earnings Surge

Facebook shares bounced Wednesday with word that profit more than doubled in the final quarter of last year, coming back down after a vow to spend heavily on the future.

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Japan Pension Funds Denies Investment as Sop to Trump

Japan's public pension fund on Thursday denied a report it will invest in US infrastructure as part of Prime Minister Shinzo Abe's expected offer to President Donald Trump to help boost US employment.

The leading business daily Nikkei said, without citing sources, that the Government Pension Investment Fund (GPIF), the world's largest, will buy debt issued by US companies in order to fund the vast spending programme.

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Deutsche Bank Reports Second Year in the Red

Troubled German banking giant Deutsche Bank on Thursday reported a net loss of 1.4 billion euros ($1.5 billion) for 2016 as it struggles with the impact of mammoth fines, lower revenues and restructuring costs.

The Frankfurt-based lender was last month forced to slash bonus payments for a quarter of employees.

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Lufthansa Chief Rejects 'Subsidies' as He Signs Etihad Deal

The Lufthansa chief on Wednesday reiterated the German carrier's opposition to state subsidies for airlines, as he signed a cooperation deal with Abu Dhabi's Etihad, one of the main Gulf carriers accused of receiving government support.

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