The future economy minister tapped by Brazilian President-elect Jair Bolsonaro insisted on Tuesday that he wanted to fast-track an unpopular pension reform to help balance government finances despite mounting resistance …
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
Ocean Shock: Lobster’s Great Migration Sets Up Boom and Bust
This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. A lobster tattoo covers Drew Eaton’s left …
your ads here!Pacific Trade Pact to Start at End of 2018 After Six Members Ratify
A landmark 11-member trade deal aimed at slashing barriers in some of Asia Pacific’s fastest growing economies will come into force at the end of December, the New Zealand government …
your ads here!Facebook 3Q Revenue Slightly Below Expectations
Facebook is reporting a slight revenue miss but stronger than expected profit in its third-quarter earnings report. Coming three months after the company’s stock suffered its worst one-day drop …
your ads here!US Presence at Cuba Trade Fair Dwindles Given Trump Hostility
A yellow excavator, forklift and other heavy equipment made by U.S. firm Caterpillar gleam outside Cuba’s annual trade fair, reflecting once-bright hopes for increased U.S.-Cuban commerce fanned by the 2014 …
your ads here!Zimbabwe’s President Assures Nation Economy Will Recover
Zimbabwe’s President Emmerson Mnangagwa met with business leaders Monday to discuss ways of boosting the country’s troubled economy. He suggested companies are contributing to shortages by holding back essential goods, …
your ads here!Zimbabwean Widows Punished by Tribal Courts for Selling Gold-rich Land
When massive gold deposits were discovered about a decade ago in Chimanimani, eastern Zimbabwe, the rural district became famous for attracting hundreds of artisanal miners from across the country every …
your ads here!US Survey: What Pay Gap? Men Less Aware of Women’s Workplace Struggles
Far more men than women think their companies offer equal pay and promote the sexes equally, yet younger generations are wising up, a U.S. entertainment industry survey found on Monday. …
your ads here!Scientists: Producing Bitcoin Currency Could Void Climate Change Efforts
Demand for bitcoin could single-handedly derail efforts to limit global warming because the increasingly popular digital currency takes huge amounts of energy to produce, scientists said on Monday. Producing bitcoin …
your ads here!US Restricts Exports to Chinese Semiconductor Firm Fujian Jinhua
Opening a new front in its trade and technology disputes with China, the Trump administration on Monday took action to cut off a Chinese state-backed semiconductor maker from U.S. exports …
your ads here!Iran Silent on S. Korea’s Hyundai Quitting Major Construction Project
South Korean conglomerate Hyundai’s cancellation of a major Iran construction project due to problems related to U.S. economic sanctions has been met with silence in Iranian media. In a brief …
your ads here!US Steel Tariff Fight Stirs Up Swarm of WTO Litigation
The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over U.S. metals tariffs, …
your ads here!Wall Street Drops on Trade Worries, S&P Nears Correction
U.S. stocks fell on Monday in a volatile session, with the S&P 500 ending just shy of confirming its second correction of 2018, hurt by fresh worries of an escalation …
your ads here!Election of Far-right President in Brazil Cheered by Trump, Markets
Jair Bolsonaro, a far-right former Army captain who won Brazil’s presidential election in convincing fashion, rode a wave of enthusiasm on Monday from giddy supporters, bullish investors and budding ally …
your ads here!Japan, India Leaders Build Ties Amid Trade, Security Worries
The leaders of Japan and India are reaffirming their ties amid growing worries about trade and regional stability. Indian Prime Minister Narendra Modi, who arrived Saturday, was meeting Japanese Prime …
your ads here!French FinMin: Eurozone not Prepared Enough to Face New Crisis
There is no risk of contagion from Italy’s budget crisis in the European Union but the euro zone is not prepared enough to face a new economic crisis, French Finance …
your ads here!Istanbul to Unveil New Airport, Seeks to be World’s Biggest
Recep Tayyip Erdogan has held plenty of grand opening ceremonies in his 15 years at Turkey’s helm. On Monday he will unveil one of his prized jewels — Istanbul New …
your ads here!China to Give Pakistan ‘Grant’ as UAE Mulls $6B in Aid
China plans to provide an unspecified financial “grant” to Pakistan while the United Arab Emirates is actively considering Islamabad’s request for a fiscal relief package of up to $6 billion …
your ads here!Equities’ Slide Sends Bonds Higher, Dents Greenback
Stock markets around the world tumbled Friday while U.S. Treasury prices rose along with demand for safer bets as better-than-expected U.S. economic data did little to ease anxiety over disappointing …
your ads here!US Stocks Plunge, Then Recover Some Ground Friday
U.S. stock market indexes fell sharply in Friday’s early trading, but saw losses ease later in the day. At one point the S&P 500 and the Dow were down by …
your ads here!US Economy Grew at Strong 3.5 Percent Rate in 3rd Quarter
The U.S. economy grew at a robust annual rate of 3.5 percent in the July-September quarter as the strongest burst of consumer spending in nearly four years helped offset a …
your ads here!Sources: Honda Mulls Moving US-Bound Fit Production to Japan
Honda Motor Co is considering shifting production of its U.S.-bound Fit subcompact cars to Japan from Mexico in a few years, partly due to a new North American trade agreement, …
your ads here!