Dutch lender Rabobank’s California unit agreed Wednesday to pay $369 million to settle allegations that it lied to regulators investigating allegations of laundering money from Mexican drug sales and organized crime through branches in small towns on the Mexico border. …
In the heartland of the tequila industry, in Mexico’s western state of Jalisco, a worsening shortage of agave caused by mounting demand for the liquor from New York to Tokyo has many producers worried. The price of Agave tequilana, the …
Peru’s trade minister defended China as a good trade partner on Tuesday, after U.S. Secretary of State Rex Tillerson warned Latin American countries against excessive reliance on economic ties with the Asian powerhouse. Eduardo Ferreyros said Peru’s 2010 trade liberalization …
Among the countless Puerto Rico neighborhoods battered by Hurricane Maria is one named after another storm: Villa Hugo. The illegal shantytown emerged on a public wetland after 1989’s Hurricane Hugo left thousands homeless. About 6,000 squatters landed here, near the …
Shaken out of many months of calm, Wall Street braced for a higher level of volatility in the days ahead, after a roughly 2 percent rebound in U.S. stocks on Tuesday followed the biggest one-day selloff in more than six …
Will Disney’s upcoming streaming services be the mouse that roared … or squeaked? Disney already owns enviable entertainment properties including Pixar, Marvel and Star Wars. Now, it’s looking to add Fox’s TV and movie studios as it prepares to launch …
Asia’s benchmark stock indexes collapsed Tuesday, as Monday’s massive selloffs on Wall Street rolled across the globe. Japan’s Nikkei 225 index lost as much seven percent of its value at one point during the trading session, before closing at 21,610 …
As U.S. stocks plunged on Monday, President Donald Trump was speaking at an event in Ohio but noticeably not taking credit for the market despite doing so repeatedly when stocks were rising. The stark contrast was a sign that Trump …
Federal officials will take another look at the historic Alaska community of Nome as a possible port serving ships heading for the Arctic. The U.S. Army Corps of Engineers announced it has signed an agreement with the city of …
European Central Bank head Mario Draghi said Monday that it’s too soon to declare victory over weak inflation – indicating it would be premature to set a definite end date for the bank’s money-printing stimulus despite a strengthening economy. Draghi’s …
Nigeria’s President Muhammadu Buhari on Monday signed an executive order aimed at boosting the local production of goods and create jobs in the west African country. Buhari, a 75-year-old former military ruler, has frequently spoken about ending the OPEC member’s …
Economists at the European Central Bank say that the U.S. corporate tax cut should lift the world’s largest economy in the short term but warn it could erode the tax base in European countries by intensifying global competition for lower …
Recent losses on global financial markets, including those in the U.S., have some investors concerned about expectations for their holdings and plans for the future. The Dow Jones Industrial Average declined 2.5 percent Friday, its largest percentage drop since Britain’s …
Over the last decades, growing economic hardships forced people in cities and villages around the world to leave their hometowns to find work in other countries. Dreaming of returning one day and enjoying a better life where they grew up, …
U.S. Secretary of State Rex Tillerson’s Latin American tour took him Saturday to Argentina, where he talked with officials about conservation and diplomacy. Traveling from Mexico City after meeting with the Mexican president and other senior officials on Friday, Tillerson …
The window opened Friday for oil, gas, uranium and coal companies to make requests or stake claims to lands that were cut from two sprawling Utah national monuments by President Trump in December, but there doesn’t appear to be a …
Britain has made clear its desire to be part of China’s so-called ‘One Belt One Road Initiative’ — a cornerstone of President Xi Jinping’s vision to boost Chinese investment and influence across Asia, Europe and Africa. There are, however, concerns …
Another solid month for the U.S. economy as American companies added 200,000 new workers to their payrolls last month. The unemployment rate remained unchanged at 4.1 percent, but wages are rising. Although the number of unemployed Americans continues to fall, …
The Federal Reserve announced Friday that it was imposing more penalties on Wells Fargo, freezing the bank’s growth until it can prove it has improved its internal controls. In addition, bank agreed to replace four board members. It’s the latest …
U.S. stocks slumped Friday, pulling down the Dow Jones industrial average by more than 650 points and handing the market its worst week in two years. Technology, banks and energy stocks accounted for much of the broad slide. Several major …
Britain has made clear its desire to be part of China’s so-called “One Belt One Road” initiative — a cornerstone of President Xi Jinping’s vision to boost Chinese investment and influence across Asia, Europe and Africa. But there are concerns …
A new political dawn in Zimbabwe has sparked talk among farmers of land reform and the return of some whites who lost their land and livelihoods to President Robert Mugabe during a 37-year rule that drove the economy to collapse. …
A new political dawn in Zimbabwe has sparked talk among farmers of land reform and the return of some whites who lost their land and livelihoods to President Robert Mugabe during a 37-year rule that drove the economy to collapse. …
Many refugees would like to buy low-carbon stoves and lights but poor access in camps and a lack of funding is forcing them to rely on “dirty and expensive” fuels, a report said Tuesday. Millions of refugees worldwide struggle to …