ECONOMY & MARKETS

FT Sistemas S.A. says it’s sending the Horus FT-100 Mini-UAV to an unnamed buyer across the Atlantic.

American and African economists, politicians, business and nonprofit leaders are convening this week to discuss Africa's economic growth.

Under the plan, Banco Espirito Santo, or BES, will be split into a "good bank", renamed Novo Banco, and a "bad bank."

The U.S. is set to announce nearly $1 billion in business deals and $60 million a year for peacekeeping training during the US-Africa summit.

Syndicate Bank reported global deposits had increased 17.7 percent to $35.3 billion in the first quarter of the year.

A 10-foot wall of water is expected to sweep down the Kosi river once landslide debris is cleared.

Young professionals in New England and the Pacific Northwest have similar debt figures, but are better off than Southerners.

Consortium wins bid for Suez hub that will include development of 29,000 square miles around the canal.

The 6.1 magnitude quake hit in the southwest Yunnan province, causing widespread damage

Growth in China’s services sector slipped to a six-month low in July as new orders rose at their weakest rate in at least a year.

New research says that biomass energy contributes to global warming, despite its sustainable aim to replace fossil fuels.

The employment-to-population (EPOP) ratio tells you more about the U.S. economic recovery than the "new jobs" numbers.

That might defy logic, but there's actually a good reason for that puzzling metric from today's U.S. report on labor conditions.

The number of unemployed Americans changed little in July.

July marked the sixth straight month that employment has expanded by more than 200,000 jobs.

The unemployment rate likely held at a six year-low of 6.1 percent, but could surprise on the downside.

The WTO's landmark Trade Facilitation Agreement fell through as India demanded a parallel pact for subsidies and stockpiling food.

India has imposed a record 10 percent duty on gold imports, prompting smugglers to think of innovative ways to bring the metal into the country.

The conditional permit gives Oregon LNG permission to export natural gas to non-free trade agreement countries.

“Doesn't the SEC have an interest in what the truth is?”

Now the largest economy in Africa, Nigeria's lasting progress is only discouraged by Boko Haram's pervasive violence.

Weak U.S. data contributed to the bearish tone as jobless claims rose more than expected in the latest week.

Even a short default will raise local companies' borrowing costs.

Last year, the EU imported nearly 46 percent of its gas and 31 percent of its coal from Russia, against which it has now imposed new sanctions.

Tourism in the Asia Pacific region grew at over 6 percent in the first four months of 2014 -- higher than the global average of 5 percent.

India's ultimatum has revived doubts about the future of the WTO as a negotiating body.

Russia announced a ban on most fruit and vegetable imports from Poland and said it could extend it to the entire European Union.

Argentina failed to strike a deal to avert its second default in more than 12 years after talks with holdout creditors ended without a settlement on Wednesday.

Three years ago, the automotive market's contribution to the U.S. economy was contracting. Not any more.