Coeco

Slowing Economies Could Prod US, China to Reach Deal

The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness.    The import taxes …

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Tesla Shares Drop on Price Cut, Disappointing Model 3 Deliveries

Shares in Tesla dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for all its vehicles to offset …

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Raising Cattle a Risky Business for Venezuela Ranchers

Rotting hides on the road are all that is left of three butchered cows. Such carnage is common in Venezuela’s cattle country, where thieves, squatters and government policy threaten a …

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The Digital Revolution’s Double-Edged Sword

Digital developments that have upended businesses throughout the global economy, from music to manufacturing, are also changing what the world trades and how manufacturers and merchants move and sell their …

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Trade Optimism Lifts Stocks, But 2018 Ends in Red

Equities around the world rose Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in what has been a punishing …

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China Factory Activity Shrinks for First Time in 2 Years

China’s factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as …

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Kenyan GDP Growth at 6 Percent in Third Quarter 2018

Kenya’s economy expanded faster in the third quarter of this year than in the same period last year due to strong performance in the agriculture and construction sectors, the statistics …

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The Euro Currency Turns 20 Years Old on Tuesday

The euro currency turns 20 years old on January 1, surviving two tumultuous decades and becoming the world’s No. 2 currency. After 20 years, the euro has become a fixture …

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Trump Says ‘Big Progress’ on Possible China Trade Deal

U.S. President Donald Trump said on Twitter on Saturday that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between …

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Farmers Risk Loss of Federal Payments, Loans, From Shutdown

The end of 2018 seemed to signal good things to come for America’s farmers. Fresh off the passage of the farm bill, which reauthorized agriculture, conservation and safety net programs, …

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Hong Kong Economy Caught in US-China Trade Crossfire

The storm winds of the recent trade war between the United States and China have settled in a truce for now, but the weeks of agitation — of rising tariffs …

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Lampert Makes $4.4 Billion Bid to Keep Sears Alive

Sears Holdings Corp. Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying off tens of thousands …

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Strong Week, Yet Horrible Month for Wall Street

Wall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November.    Losses in technology, energy and industrial stocks outweighed …

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Wells Fargo Agrees to $575 Million US Settlement on Consumer Ills

Wells Fargo agreed to a $575 million nationwide settlement over its opening of millions of unauthorized customer accounts and other alleged predatory practices, the bank and U.S. authorities announced Friday. …

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US Fossil Fuel Exports Spur Growth, Climate Worries

In South Korea’s largest shipyard, thousands of workers in yellow hard hats move ceaselessly between towering cranes lifting hulks of steel. They look like a hive of bees scurrying over …

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Dow Finishes Up 1.1 Percent as US Stocks Rebound

Wall Street stocks finished solidly higher Thursday following a late-afternoon surge as worries over slowing economic growth gave way to bargain-hunting. The Dow Jones Industrial Average finished at 23,138.82, an …

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Tesla Sets up Shanghai Financial Leasing Unit as China Plans Accelerate

Tesla Inc has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up …

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Report: US Retail Holiday Sales Best in 6 Years

Retail sales in the U.S. for the 2018 holiday season were up more than 5 percent to more than $850 billion, according to data Mastercard released Wednesday, making 2018 the …

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Report: US Trade Team to Travel to China for Talks  

A U.S. trade delegation will go to China the week of Jan. 7, Bloomberg reported Wednesday, citing two people familiar with the matter. It will be the first time the two …

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Wall Street Notches Best Day in 10 Years in Holiday Rebound

Wall Street notched its best day in 10 years as stocks rallied back Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow …

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Indian State to Return Unused Land to Farmers

Farmers in the Indian state of Chhattisgarh are getting back land that was taken from them more than a decade ago by the government because it was not used, a …

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Lobster Divers Risk Injury, Death in Honduras

Saul Ronaldo Atiliano was diving for lobster in the clear waters off Honduras’ Caribbean coast when he felt a pressure, a pain in his body. And he knew he’d gotten …

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