Although it is unclear if the United States and China will be able to meet a 90-day deadline and strike a deal on trade by March 2, the tussle is clearly adding to uncertainty about the future fate of the …
French President Emmanuel Macron is formally launching a “grand debate” to try to appease the yellow vest movement following weeks of anti-government protests. Macron heads Tuesday to Grand Bourgtheroulde, a small town in Normandy, where he is to meet about …
China’s trade surplus with the United States rose dramatically in 2018, despite a tit-for-tat tariff war with the U.S. that has roiled global markets. The surplus stood at a record-high $323.3 billion, compared to $275.8 billion recorded the year before. …
The auto industry gathered in Detroit on Sunday, on the eve of the last winter edition of North America’s premiere auto show, as carmakers grapple with a contracting market and uncertainty in the year ahead. Concerns over the health of …
Saudi Arabia’s energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a barrel and rise above $86. “I think what we need to do is narrow the range… …
Zimbabwe will introduce a new currency in the next 12 months, the finance minister said, as a shortage of U.S. dollars has plunged the financial system into disarray and forced businesses to close. In the past two months, the southern …
Elon Musk’s rocket company SpaceX will reduce its workforce by about 10 percent of the company’s more than 6,000 employees, it said on Friday. The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges …
The United States on Friday signaled it would not bow to the European Union’s request to keep agriculture out of planned U.S.-EU trade talks, publishing negotiating objectives that seek comprehensive EU access for American farm products. The objectives, required by …
Uganda’s growing debt is sustainable, and the country is not at risk of losing state assets to China, the country’s finance minister, Matia Kasaija, said this week. Uganda’s auditor-general warned in a report released this month that public debt from …
Despite the U.S. stock market recovery, Macy’s and American Airlines’ revised revenue forecasts for 2018 have sent their stock prices spiraling. Other retail stocks fell, too, including J.C. Penney, Nordstrom and Kohl’s. The reports come amid news of another iconic …
The 800,000 federal workers who are not being paid or are working without pay during the partial government shutdown were the first to feel its impact. But as Anna Kook reports, other segments of the economy are also being hurt, …
U.S. officials expect a visit from China’s top trade negotiator this month in Washington, signaling that higher-level discussions are likely to follow this week’s talks with midlevel officials in Beijing as the world’s two largest economies try to reach a …
Federal Reserve Chairman Jerome Powell on Thursday stressed again that the U.S. central bank can be patient in approving any further rate increases as officials gauge whether the U.S. economy will slow this year, as some in financial markets worry, …
Rising global authoritarianism, trade protectionism and the weakening of global institutions threaten U.S. businesses, the head of the U.S. Chamber of Commerce warned Thursday. In his annual address, Chamber of Commerce CEO Tom Donohue said for now the U.S. economy …
Jaguar Land Rover said Thursday it will cut 4,500 jobs as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.’s departure from the European Union. The luxury carmaker, owned by India’s Tata conglomerate, said the cuts …
India’s Parliament on Wednesday approved a bill providing a 10 percent quota in government jobs for the poor members of upper castes who have been excluded from existing quotas for low-ranking castes. The Congress party and other opposition parties supported …
China’s Commerce Ministry says that the United States and Beijing made progress in discussions about structural issues such as forced technology transfers and intellectual property rights during trade talks this week. But the lack of details from both sides following …
The United States says talks in Beijing on ending a bruising trade war focused on Chinese promises to buy more American goods. But it gave no indication of progress on resolving disputes over Beijing’s technology ambitions and other thorny issues. …
Three days of trade talks in Beijing between the United States and China ended Wednesday with the White House expressing optimism. “We expect something will come out of this,” White House spokeswoman Sarah Sanders told the Fox Business Network. “We …
Visitors to Singapore’s Orchard Road, the city’s main shopping belt, will find fancy malls, trendy department stores, abundant food courts — and a small farm. Comcrop’s 600-square-meter (6,450-square-foot) farm on the roof of one of the malls uses vertical racks …
The fight against poverty is getting help from a new direction: up. Satellite imagery is helping researchers map areas of extreme poverty. It may help officials identify faster and more accurately when development policies and programs are working, and when …
For the women of Tuluroba village’s self-help group, the goal was simple: use their combined savings to buy cattle, fatten them and sell them to the beef industry for slaughter. But there was a problem. “We had no land to …
About 1,000 furloughed federal workers have turned to online fundraising to help cover their expenses as a partial shutdown of the U.S. government drags on for nearly three weeks, a spokeswoman for GoFundMe.com said Wednesday. Some 800,000 federal employees have …
China approved five genetically modified (GM) crops for import on Tuesday, the first in about 18 months in a move that could boost its overseas grains purchases and ease pressure from the United States to open its markets to more …