The United States says that it does not plan to permit the use of its financial system for dollar-denominated transactions with Iran, and that foreign companies could work through European banks.

Iyzico – a Turkish credit card company – has announced a deal with Iran to operate in the country.

Riyadh pledged the Somali government USD 50 million in aid on the same day Mogadishu cut ties with Iran, a report says.

New official figures show that October was the worst month for the UK public finances over the past six years.

Iran’s petrochemical manufacturers are turning to the Europeans to get finance for new projects, ditching Chinese investors who are charging high commissions and fees.

Dealers including top American banks which control the $12.8 trillion US Treasury market rigged bond auctions for years, Bloomberg reports.

India is to benefit from a prospective fall in oil prices after the landmark conclusion of nuclear talks between Iran and the P-five-plus-one group.

The Canadian economy is likely headed for recession, two major banks say.

WikiLeaks says the NSA spied on two successive French finance ministers and high-stakes French export bids.