India budget: Arun Jaitley unveils reform plans

India's new government is lifting some caps on foreign investment, tightening borrowing limits and plans to introduce a goods and services tax as part of what it calls a "budget for growth".

East African trade bloc approves monetary union deal

(Reuters) - The leaders of five East African countries signed a protocol on Saturday laying the groundwork for a monetary union within 10 years that they expect will expand regional trade.

EU exit would be dreadful for Britain, says former PM Major

(Reuters) - A British exit from the European Union would be a dreadful decision that would cost billions of pounds and leave the world's sixth largest economy isolated, former Prime Minister John Major was quoted as saying on Friday.

China Reform Plan Sets Scene for Local Clampdown: Economy

China’s Communist Party signaled a bigger focus on fiscal concerns during President Xi Jinping’s tenure, setting the scene for a clampdown to control the finances of indebted regional authorities.

World Bank: Africa held back by land ownership confusion

Africa's economic growth is being held back by confusion over who owns vast swathes of agricultural land, according to a World Bank report.

Putin's reason for skipping US summit puzzles

MOSCOW (AP) — The Kremlin on Thursday explained President Vladimir Putin's surprising decision to skip a planned high-profile visit to the United States next week by saying he needs to finish setting up his new government.