The top U.S. diplomat has granted an exception to certain U.S. sanctions that will allow the India-led development of a port in Iran as part of a new transportation corridor designed to boost Afghanistan’s economy, a State Department spokesman said …
China is set to overtake France as the world’s top tourist destination by 2030 as a growing middle class in Asia looks to spend more on travel, according to experts at market research group Euromonitor International. In a report published …
Amazon isn’t commenting on reports that it plans to split its new headquarters between facilities in two cities rather than choosing just one. The New York Times, citing unnamed people familiar with the decision-making process, said the company is nearing …
Nigerian trade unions and the government agreed to a new minimum wage proposal on Tuesday, in an attempt to avert a planned nationwide strike following threats to shutdown Africa’s biggest economy, a union official said. Unions, which have been discussing …
When Han Siyuan first decided to apply for a job as a pilot cadet in 2008, she was up against 400 female classmates in China on tests measuring everything from their command of English to the length of their legs. …
Foreign governments and businesses were hoping Chinese President Xi Jinping would use the opening of China’s first international import expo to make specific announcements about reforms for trade and investment. But that did not happen, and some saw the measures …
European Union and Japanese plans to form the world’s largest free trade area cleared a significant hurdle Monday when EU lawmakers specializing in trade backed a deal that could enter force next year. The European Parliament’s international trade committee voted …
Chinese President Xi Jinping promised on Monday to lower tariffs, broaden market access and import more from overseas at the start of a trade expo designed to demonstrate goodwill amid mounting frictions with the United States and others. The Nov. …
With the economy strong, wages rising and unemployment at a near-five-decade low, the Federal Reserve remains on track to keep raising interest rates – just not this week. After the Fed’s latest policy meeting, it’s expected to signal a healthy …
China has agreed to carry out bilateral trade with Pakistan in the Chinese yuan instead of the U.S. dollar to help ease the South Asian ally’s financial and economic woes. The unprecedented Chinese concession, officials and economists said, would go a …
Chinese President Xi Jinping said Monday that China would take steps to widen access to its markets as he opened a huge trade fair amid criticism from other countries about China’s economic and business practices. Xi said China would lower …
When employees enter Saba — an Israeli restaurant started by award-winning chef Alon Shaya — they pass by the company’s mission statement, which emphasizes the importance of a safe and comfortable working environment. Only at the end does it really …
Facing a blizzard of trade complaints, China is throwing an “open for business” import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. More than 3,000 companies from 130 countries selling everything from …
A hungry American economy powered by a strong U.S. dollar saw record imports in September, driving the U.S. trade deficit to its highest level in seven months, the government reported Friday. And amid President Donald Trump’s trade war with Beijing, …
U.S. employers added a stellar 250,000 jobs last month and boosted average pay by the most in nearly a decade in an effort to attract and keep workers. The Labor Department’s monthly jobs report, the last major economic data …
Washington ratcheted up pressure on Venezuela’s leftist President Nicolas Maduro on Thursday with new measures aimed at disrupting the South American country’s gold exports, U.S. national security adviser John Bolton said. Bolton promised a tough stance by the Trump administration …
U.S. stocks rose on Thursday, as robust earnings reports supported a third day of recovery from a bruising selloff in October, but a drop in Apple’s shares ahead of results kept technology stocks under pressure. Chemicals producer DowDuPont Inc rose …
U.S. President Donald Trump has not “set in stone” any decisions on escalating tariffs on Chinese goods and may withdraw some duties if there are promising policy discussions with China, White House economic adviser Larry Kudlow said on Wednesday. Kudlow …
President Donald Trump’s proposal to replace an Obama-era policy to fight climate change with a weaker plan allowing states to write their own rules on emissions from coal-fired power plants was criticized by coastal states, but applauded by coal interests …
Cuba’s foreign trade and investment minister said on Wednesday the country had signed nearly 200 investment projects worth $5.5 billion since it slashed taxes and made other adjustments to its investment law in 2014. Cuba began a major effort to …
Fitch Ratings changed its outlook on Mexico’s long-term foreign-currency debt issues Wednesday from “stable” to “negative,” citing the potential policies of President-elect Andres Manuel Lopez Obrador. The leftist Lopez Obrador has tried to smooth anxieties in the business community, but …
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 to getting it done this year. Paulo Guedes, whom Bolsonaro …
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 forearm, its pincers snapping at dock lines connecting it to …
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 said on Wednesday. The deal would move forward after Australia …