Iranian businessman Cyrus Etemadi has had a stand at Berlin's ITB travel trade fair every year for more than 20 years, even when tension with the West meant few tourists visited the former ancient kingdom of Persia.
Sectors
Layoffs and empty streets as Australia's boom towns go bust
When Probo Junio got a visa to work in Australia, he thought he had won a ticket to the good life. In 2013, the 45-year-old boilermaker left his hometown of Cebu in the Philippines, where he was getting paid about $10 a day, to work in Karratha in Western Australia for $30 an hour. Enough to support his relatives and build a new life Down Under.
Eurogroup head responds positively to new Greek letter: government
The head of the euro zone finance ministers responded positively to Greece's request for an immediate start to technical talks with international creditors to conclude the country's current bailout program, a Greek government official said on Saturday.
Chinese cooldown and Greek funding in focus
China's cooling growth prospects and an interest rate decision in Russia will shift the economic agenda away from the euro zone next week, although Greece remains firmly in the spotlight because of its precarious funding outlook.
U.S. oil rig count hits lowest since April 2011: Baker Hughes
The number of U.S. drilling rigs in use fell sharply in the week to Friday, almost doubling the cuts of the past two weeks and hitting the lowest since April 2011, a survey showed.
Latest News
When Israeli Prime Minister Benjamin Netanyahu urged the United States this week to take a tough line against Iran, he argued that world powers could always push for a better nuclear deal because the Islamic Republic was vulnerable to low oil prices.
The Obama administration on Friday said it would start using emergency cash measures to allow the government to keep paying the nation's bills once it hits the legal debt limit in about a week.
Greece must realize there is no other way than to reform, European Central Bank governing council member Luc Coene said in an interview published on Saturday, telling Greeks they had been sold "false promises" by radical leftists now in power.
Bank of Canada Governor Stephen Poloz said recent evidence suggests damage from the oil shock is hitting the economy earlier and spreading faster than anticipated, but that this could also point to an earlier rebound, the Globe and Mail reported on Friday.
China should remain flexible on M2 growth expectations and not be overly concerned about meeting numerical targets, People's Bank of China chief Zhou Xiaochuan told a news conference, the official Shanghai Securities News reported.
Fiat Chrysler Automobiles is recalling 702,578 SUVs and minivans to fix defective ignition switches that can unexpectedly turn off the engine, according to documents posted Friday by U.S. safety regulators.
Hundreds of millions of Windows PC users are vulnerable to attacks exploiting the recently uncovered "Freak" security vulnerability, which was initially believed to only threaten mobile devices and Mac computers, Microsoft Corp warned.
The Silicon Valley race to build a self-driving car may revolve around one simple question: to map or not to map. The company at the forefront of the race, Google Inc, is creating intricate maps that detail every tree and curb along the road - an expensive endeavor that other companies could find difficult to match.
As China signs global deals to export its nuclear power technology, it faces a huge obstacle: it still needs to show it can build and safely operate these reactors at home.
