Economy

China’s biggest energy company is backing away from direct purchases of Venezuelan crude as the Trump administration tightens sanctions ...

U.S. President Donald Trump’s sanctions against Iran and Venezuela have inadvertently increased demand for a Russian brand of crude oil, ...

With a prospect of a no-deal Brexit increasingly likely, British residents are preparing for what may arise after leaving the EU. A survey released ...

Global investment banks are shedding tens of thousands of jobs as falling interest rates, weak trading volumes and the march of automation create a ...

The Trump administration has put a temporary hold on the majority of congressionally approved foreign aid funds, pending a review by the State ...

President Donald Trump said Friday that he “might” slap tariffs on French wine in response to the country’s new tax affecting ...

Today, Inecobank has announced about a new initiative to support the startup sector in Armenia. The Bank is supporting “Sevan Startup Summit ...

The world is drowning in trash, and the waste generation rates are only increasing, according to the World Bank. Due to population growth and urban ...

OFID – the OPEC Fund for International Development and Ameriabank have signed a US$25 million loan agreement aimed at supporting trade flows ...

President Donald Trump said he’ll allow Huawei Technologies Co. to buy products from U.S. suppliers, in a concession to China after talks with ...

The United States has hit Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) with economic sanctions due to its ties with the ...

Money 20/20 conference, held in Amsterdam from July 3-5, 2019, hosted the world's leading financial and technological companies. Inecobank, being ...

Huawei has ordered its employees to cancel technical meetings with US contacts and repatriated Americans working at its Shenzhen headquarters, as ...

Huawei is pressing on with its lawsuit against the United States, challenging the constitutionality of a US law banning federal agencies from buying ...

The US President Donald trump said that Washington is not prepared to conclude the bargain with Beijing. He said this during his visit to Japan, ...

On 17 May 2019 within the framework of "Caucasus'19" regional conference organized by the SME Banking Club Inecobank presented the success story of ...

Trade talks between the U.S. and China broke up Friday with no agreement, hours after President Donald Trump more than doubled tariffs on $200 ...

OeEB, the Development Bank of Austria, and Ameriabank CJSC have signed a financing agreement in the amount of USD 30 million. This facility will be ...

This year is shaping up to be the biggest by far for defaults in China’s $13 trillion bond market, highlighting the widening fallout from the ...

Ameriabank and Citibank signed a new trade finance deal, Ameriabank raising about $14 million loan from Citibank. Part of the loan has been extended ...

A Chinese spokesman says a team from Beijing is "preparing to travel to the United States" for trade talks, suggesting negotiations might go ahead ...

Huawei Technologies Co. overtook Apple Inc. to claim the No. 2 spot in smartphones in the first quarter, moving a step closer to its avowed ambition ...

Repeated power grid failures in Venezuela have led to water shortages across the country. With no electricity, pumping stations cease to ...

Google has been hit with a €1.49bn (£1.28bn) from the EU for blocking rival online search advertisers. It is the third EU fine for the ...

The US plans to end preferential trade status for India, under a scheme which allows certain products to enter the US duty-free. President Donald ...

The Troika Laundromat revelations published today by the Organized Crime and Corruption Reporting Project (OCCRP) and partner media outlets reveal ...

President Hassan Rouhani expressed Iran’s readiness to increase the volume of gas exports to Armenia. He made the remarks Wednesday in a ...

Prime minister of Armenia Nikol Pashinyan during the official meeting with the president of Iran Hassan Rouhani has announced that Yerevan is ready ...

Armenian Prime Minister Nikol Pashinyan has said that the free trade agreement between Iran and the Eurasian Economic Union will open up new ...

Prime Minister Nikol Pashinyan on 12th February at the National Assembly presented the program of government activity for 5 years and informed that ...