Wall Street stocks finished higher on Wednesday due to improved hopes for the US-China trade talks. The Dow Jones Industrial Average added 0.6 percent at 24,527.27. The broad-based S&P 500 …
your ads here!Economy
Economy news. Economy refers to the system of production, distribution, and consumption of goods and services within a society. It encompasses everything from individual spending and business operations to government policies and international trade. The economy is influenced by numerous factors, including supply and demand, inflation, employment rates, and fiscal policies
Sustainable Tree Farming Means Better Lives for Kenyan Farmers
Wood consumption — including logging and the production of charcoal — is a leading cause of forest degradation in Africa. In some of Kenya’s coastal regions, recurring droughts have made the …
your ads here!Malaysian Ex-PM Slapped with New Charge Over 1MDB Scandal
Former Malaysian Prime Minister Najib Razak was charged Wednesday with tampering with the final audit report into a defunct state investment fund, adding to a long list of corruption allegations …
your ads here!Avianca Brasil Airline Declares Bankruptcy
Cash-strapped Avianca Brasil, the country’s fourth-largest airline, on Tuesday sought bankruptcy protection from creditors but reassured passengers that flights will continue. “Due to resistance from the lessors (of their aircraft) …
your ads here!Experts: Millions Invested But Gold Mining ‘Under-Exploited’ in W. Africa
Mining companies have invested at least $5 billion towards gold exploration in West Africa in the last decade but significant reserves are under-exploited, mineral industry experts said on Tuesday. Delegates …
your ads here!Trump Says He Would Intervene in Meng Case to Reach Trade Deal
President Donald Trump says he would intervene in the case against Chinese telecom executive Meng Wanzhou if it means reaching a trade deal with China. “Whatever’s good for the country, …
your ads here!US Treasury, USTR Reach Post-Brexit Insurance Accord with Britain
The U.S. Treasury and U.S. Trade Representative’s office said on Tuesday they intended to sign a new bilateral insurance agreement with Britain that will provide insurance market regulatory certainty and …
your ads here!EU Will ‘Follow Closely’ French Deficit after Macron Measures
EU economics affairs commissioner Pierre Moscovici on Tuesday said Brussels will keep close watch over France’s new spending plans, a day after President Emmanuel Macron unveiled new measures to quell …
your ads here!Taiwan Reinforces Ban on Huawei Network Equipment
Taiwan is reinforcing its five-year-old ban on network equipment produced by Chinese companies Huawei Technologies and ZTE Corp. amid security concerns. Officials sought over the weekend to reassure lawmakers and …
your ads here!Disney Again Makes History with Earning Above $7B for 2018
Walt Disney Studios is again ending the year on a high note, posting more than $7 billion in global box office earnings, thanks to hits such as “Black Panther” and …
your ads here!China, US Discuss Next Stage of Trade Talks
China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during a telephone call between Chinese Vice Premier Liu He and …
your ads here!Goodyear Halts Tire Production in Venezuela as Economy Slips
Goodyear Tire & Rubber Co. is halting production in Venezuela, making it the latest international corporation to abandon a South American nation in economic crisis, officials said Monday. Spokesman …
your ads here!France’s Yellow Vests Attract Attention of Climate Change Conference
Environment ministers from nearly 200 countries are arriving in the Polish city of Katowice to join haggling over ways to advance the 2015 Paris accord to curb climate change. National …
your ads here!GM Fights US Government to Retain Tax Credit for Electric Cars
General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation’s largest automaker contends with the political fallout triggered by its plans to shutter several …
your ads here!Stocks Slip on China-US Tensions; Oil Resumes Slide
Stocks around the world are falling Monday morning, and U.S. indexes gave up modest early gains and turned lower, hurt by sharp drops for energy and financial companies. The British …
your ads here!Japanese Economy Experiences the Worst Downturn in Four Years
Japan’s economy contracted 2.5 percent in the third quarter of this year, July-September, which marks the worst downturn in the past four years. The revised data released Monday was more …
your ads here!US, Western Diplomats See Political Motive Behind OPEC Oil Cut
Despite repeated calls by U.S. President Donald Trump for oil production to remain steady, the Saudi-led Organization of the Petroleum Exporting Countries, along with Russia and its allies, announced Friday …
your ads here!IMF Approves $3.7 Billion Loan for Oil-rich Angola
The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president …
your ads here!China Exports, Imports Weaken Ahead of US Talks
China’s export growth slowed in November as global demand weakened, adding to pressure on Beijing ahead of trade talks with Washington. Exports rose 5.4 percent from a year ago to …
your ads here!Stocks Drop 4 Percent in Rocky Week on Trade, Growth Worries
Wall Street capped a turbulent week of trading Friday with the biggest weekly loss since March as traders fret over rising trade tensions between Washington and Beijing and signals of …
your ads here!Major Oil-producing Countries Agree to Cut Output
Oil prices climbed sharply Friday after OPEC and other producers led by Russia agreed to cut output to reduce global inventories of crude oil. OPEC countries and the Russian-led coalition …
your ads here!US Locks in Duties on Chinese Aluminum Sheet Imports
The U.S. International Trade Commission said on Friday it made a final determination that American producers were being harmed by imports of common alloy aluminum sheet products from China, a …
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