Saudi authorities pledged to curb wages and push ahead with investments next year as the world's largest oil exporter seeks to counter the effect of tumbling crude prices on the economy.
TOKYO - Citigroup has agreed to sell its Japanese retail banking operations to the Sumitomo Mitsui Banking Corporation in a retreat from unprofitable businesses around the world, the companies announced on Thursday.
Bank of Japan governor Haruhiko Kuroda called on Japanese enterprises to increase salaries, saying this would spur economic growth.
'We think that now this period has come to an end, the period of instability,' Russia Finance Minister Anton Siluanov said Thursday.
Aircraft carrier, USS Ranger, which featured in the movie 'Top Gun', will be dismantled for single penny in Brownsville, Texas.