OPEC and its allies are set this week to prolong oil output cuts to further boost prices, after the two biggest players Russia and Saudi Arabia agreed to do so.

Tokyo shares soared Monday after the United States and China agreed a ceasefire in their trade war that has damaged the global economy.

High on the cliff-tops overlooking the Gulf of Corinth, Areti Zaharopoulou has managed to scrape together a modest living for the past six years growing herbs such as sage, thyme and rosemary.

China will soften or lift restrictions on foreign investment in new sectors from July 30, authorities announced Sunday, after Beijing and Washington decided to restart negotiations in their trade war.

With the signing of the EU-Vietnam free trade agreement on Sunday, Christmas has come early for holiday card-maker Dang Trong Trung who says business could double with duty-free access to European markets.

The European Union and Vietnam on Sunday signed a long-awaited free trade deal that will slash duties on almost all goods, an agreement that pushes back against a rising tide of global protectionism and hailed as a "milestone" by Brussels.  

Russia and Saudi Arabia have agreed to extend a deal to keep oil production low owing to abundant world supplies, President Vladimir Putin said on Saturday.

France has slipped further into the red, the national statistics bureau said on Friday, only days after the country's public auditor warned of "worrying" debt levels.

Former Nissan Chairman Carlos Ghosn plans a news conference later Friday that would be his first since he was arrested in November on financial misconduct allegations.

He had scheduled a news conference in April during a previous release from detention, but he was rearrested instead and his lawyers released a video statement.

Greece on Thursday signed a lease with ExxonMobil and Total for the search and exploration of hydrocarbons off the island of Crete, joining an increasingly heated energy race in the Mediterranean.