One of the most prominent people convicted in Latin America’s largest corruption scandal left prison Tuesday for house arrest after serving two-and-a-half years behind bars at a time when many Brazilians are becoming disillusioned with the graft investigation once hailed …
A planned massive Republican tax overhaul has led Wall Street strategists to revise their 2018 corporate earnings forecasts sharply higher, but the jury is out on how long the accelerating effect on profits will last. The tax bill, which the …
U.S. single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been hobbled by supply constraints. Builders have struggled to meet robust demand for housing, which is being …
The U.S. House of Representatives will vote Tuesday on a Republican $1.5 trillion tax bill that will provide tax relief for most Americans, but benefit the wealthy the most, according to a non-partisan tax analysis group. Following the House vote, …
European Union environment and energy ministers on Monday agreed on renewable energy targets for 2030 ahead of negotiations next year with the European Parliament, which has called for more ambitious green energy goals. Ministers said they would aim to source …
Argentina’s Congress could pass a hotly debated pension reform measure Monday, lawmakers told reporters, as stone-throwing demonstrators gathered in the capital and the country’s main union called a 24-hour general strike to protest the proposal. Debate on the bill was …
Egypt’s economic prospects are looking brighter after the long-anticipated production of undersea gas from the al Zohr gas field began coming online in recent days. Petroleum Minister Tareq al Molla tells Arab media the al Zohr field will be a …
Parceling out holiday shopping in small amounts and completing it in a realistic schedule helps people maintain the self-control needed to avoid being swept away in impulse purchases that can wreck budgets, a study to be published in January said. …
Peru’s president has acknowledged that he did “earn some money” from scandal-plagued Brazilian builder Odebrecht when his consulting business received payments from the builder more than 10 years ago In a televised interview Sunday, Pedro Pablo Kuczynski characterized the payments …
Another security based on the price of bitcoin, the digital currency that has soared in value and volatility this year, began trading on the Chicago Mercantile Exchange on Sunday. The CME Group, which owns the exchange, opened up bitcoin futures …
Vietnam is set to auction up to a $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake. The keenly anticipated sale of the state-owned maker …
U.S. President Donald Trump continued to tout the Republican tax bill Saturday, saying “everybody’s going to benefit” if it is signed into law. “But I think the greatest benefit is going to be for jobs and for the middle class, …
British Finance Minister Philip Hammond said Saturday it is likely Britain will want to negotiate a bespoke arrangement for a future trade deal with the European Union, rather than copying existing arrangements like the Canada-EU deal. The European Union agreed …
After weeks of quarrels and qualms and then 11th-hour horse-trading, Republicans revealed their huge national tax rewrite late Friday, along with announcements of support that all but guarantee approval next week. The legislation would slash tax rates for big business and …
Two titans of U.S. business have come together to demand that Congress find an immediate solution for DACA recipients, whose legal immigration status will come to an end in March without intervention. Charles Koch, chairman and chief executive of Koch …
Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch’s Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com. Under the terms of …
The European Union’s leaders are due to say Friday that the Brexit talks with Britain can move on to the next phase to include the key topic of trade, according to a draft statement seen by The Associated Press. …
Revenge is sweet for the makers of France’s traditional “calisson” candies, who have won a months-long legal battle with a businessman who trademarked the product’s name in China. The lozenge-shaped sweets, made of a mixture of candied fruit and ground …
Tanzanian president John Magufuli ordered the central bank on Wednesday to tighten controls on the movement of hard currency and take swift action against failing banks in a bid to tackle financial crimes and protect the local shilling currency. The …
The United States, European Union and Japan vowed Tuesday to work together to fight market-distorting trade practices and policies that have fueled excess production capacity, naming several key features of China’s economic system. In a joint statement that did not …
The African Export and Import Bank has pledged up to $1.5 billion in new loans and financial guarantees to Zimbabwe in a major boost for new President Emmerson Mnangagwa’s government, the bank’s president and chairman said Tuesday. Mnangagwa, who took …
A project in the Philippines that used debris to rebuild typhoon-ravaged houses and Californian homes providing year-round housing for migrant workers won one of the world’s most prestigious housing awards on Tuesday. The development charity CARE used innovative techniques, such …
India’s small farmers are better equipped than large landowners to deal with climate change, but need more support to find innovative ways to minimize the impacts of higher temperatures, uneven rainfall, floods and droughts, analysts said. About 60 percent of …
Treasury Secretary Steven Mnuchin said Monday he is making a second emergency move to keep the government from going above the debt limit while awaiting congressional action to raise the threshold. In a letter to congressional leaders, Mnuchin said …