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Gazprom Says EU, Ukraine Must Agree Gas Debt Payment for Talks to Restart

Gazprom on Thursday said that the EU and Ukraine must agree a deal for Kiev to pay off its gas debts to Russia before talks on restarting deliveries to the strife-torn nation can restart.

"The European Commission must reach an agreement with Ukraine over the question of financing. Otherwise, negotiations make no sense," Gazprom spokesman Sergei Kuprianov told AFP.

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Samsung's Q3 Profit Plunges to Near Three-Year Low

Samsung reported its smallest quarterly profit in nearly three years Thursday as its key smartphone business faltered under competition from Apple's iPhone6 and Chinese handset makers in an increasingly saturated market.

Net profit for the South Korean electronics giant amounted to 4.22 trillion won ($4 billion) for July to September, marking a dramatic fall of 48.8 percent from a year ago, and the lowest figure since the fourth quarter of 2011.

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Banque du Liban Accelerate 2014: Lebanon’s 1st International Startup Conference

Banque du Liban is celebrating the first anniversary of its Circular 331 startup fund, and its amending circular 367, by hosting Lebanon’s 1st international startup conference - Banque du Liban Accelerate

2014 - on Thursday November 20 and Friday November 21, 2014 at Forum de Beyrouth on the shores of the Mediterranean in Beirut, a press release said.

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Palestinian Govt. Pays Salaries of Gaza Civil Servants

Thousands of civil servants in the Gaza Strip queued outside post offices Wednesday, waiting to receive their first paycheck from the Palestinian unity government, Agence France-Presse correspondents said.

However, thousands more -- all holding jobs in the military and security services -- were not being paid and it was unclear if and when they would be.

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ECB Says Banks Show Signs of Relaxing Loan Conditions

Europe's battered financial sector is showing further signs of healing and conditions for bank loans are easing while demand for loans is picking up, a key ECB survey showed on Wednesday.

Just a few days after the European Central Bank gave most eurozone banks a clean bill of health, its quarterly bank lending survey showed that banks are easing credit standards for customers across all loan categories.

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Asia's Travel and Tourism Industry 'to Face Talent Crisis'

Asia's travel and tourism sector is booming but will face a severe shortage of skilled workers in the next 10 years, a top industry executive said Wednesday.

Investments in human capital have lagged behind spending on infrastructure such as airports and hotels, said David Scowsill, president and chief executive of the London-based World Travel and Tourism Council.

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French Firm Total's 3Q Profits Down

French energy firm Total, reeling under the death of its chief in a plane crash, said Wednesday that its net profits had fallen in the third quarter due to a slump in the production of hydrocarbons.

The company's net profits fell 6 percent between July and September to $3.4 billion, compared to the same quarter last year. Turnover also declined by 2 percent to $60.36 billion, a statement said.

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Air France Results Hit by Record Pilots' Strike

Air France on Wednesday said its third quarter results had taken a bashing due to a record pilots' strike, with turnover falling by 416 million euros ($530 million).

The Air France-KLM group, Europe's second-biggest airline, was already in difficulty when the pilots went on strike between September 15 and 28 in protest at the group's plans to expand its low-cost subsidiary Transavia France.

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Sour on Economy, More Americans Back Republicans

Seven in 10 Americans rate the economy poorly and nearly as many distrust government, giving Republicans the upper hand in the final week before midterm elections, a poll showed Tuesday.

An overwhelming majority of respondents in an ABC News-Washington Post poll see the country as severely off track.

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Kuwait Emir Says Falling Oil Price Hurting Economy

Kuwait's ruler warned Tuesday that declines in the oil price were damaging the economy of the energy-rich Gulf state, urging lawmakers to "stop squandering resources" and to diversify revenues.

"We are witnessing a new cycle of low oil prices as a result of economic and political factors that have hit the global economy and started to negatively impact our national economy," Sheikh Sabah al-Ahmad Al-Sabah said in a speech to open the new parliamentary term.

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