Egypt’s official statistics agency says the country’s inflation rate has jumped to 33 percent in July – up from 29.8 percent in June. The announcement comes as Egyptians struggle in the face of steep price hikes as part of the …
China urged the U.S. government Thursday to act “prudently” to avoid damaging economic relations between the two countries, in a strongly worded response to Washington’s preliminary decision to place anti-dumping duties on Chinese aluminum foil. In a statement posted on …
The exchange of threats and harsh rhetoric between North Korea and Donald Trump has rattled many investors. Stock prices fell in Asia, Europe and the United States, while demand rose for safe-haven investments like gold. Key stock indexes in Hong …
A U.S. proposal for Mexico and Canada to vastly raise the value of online purchases that can be imported duty-free from stores like Amazon.com and eBay is emerging as a flashpoint in an upcoming renegotiation of the NAFTA trade deal. …
Dozens of glistening pools in a small village on Croatia’s Adriatic coast stand testament to its annual salt harvests from seawater, which use a method largely unchanged for centuries. The salt works facility in Ston, which says it is the …
Tesla said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric carmaker seeks fresh sources of cash to ramp up production of its new Model 3 sedan. The move …
For Jisi Lazuo, the torch festival in her village in southwest China should be a celebration involving colorful ethnic clothes and eating freshly slaughtered pig. Instead, it’s a time of stress. “In my heart I always get worried when the …
Nebraska regulators opened a final hearing on TransCanada Corp’s proposed Keystone XL pipeline on Monday, a week-long proceeding that marks the last big hurdle for the long-delayed project after President Donald Trump approved it in March. The proposed 1,179-mile (1,897-km) …
The Balkans have become embroiled in a trade war over agricultural health checks after Croatia raised import fees on some farm products by around 220 percent, triggering countermeasures by Serbia and threats from others. Last month European Union-member Croatia raised …
The Interior Department on Monday scrapped an Obama-era rule on coal royalties that mining companies had criticized as burdensome and costly. The Trump administration put the royalty valuation rule on hold in February after mining companies challenged it in federal …
A Trump Organization company has applied for four new trademarks in the Asian gambling hub of Macau, including one for casinos, public records show. The new applications highlight the ethical complexity of maintaining the family branding empire while Donald Trump …
Cuban authorities have ordered the closure of one of the island’s fastest-growing cooperatives, days after announcing that they would stop issuing new permits for some private enterprise. Scenius, which provides accounting and business consulting services, will have until December 31 …
Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain’s negotiating strategy. The European Union has …
Supporters of the United Auto Workers say they’re not giving up their fight to unionize a Nissan auto assembly plant in Mississippi after a stinging defeat, even as UAW opponents say Friday’s loss proves workers don’t want the union. More …
The U.S. job market exceeded expectations last month adding 209,000 new workers to the economy in July and lowering the national unemployment rate to 4.3 percent. But wages continue to underperform, as did the nation’s labor participation rate. Economists say …
Rajeev Sakhuja has kept a hectic schedule in recent months as he makes scores of presentations in Delhi and surrounding towns about why and how to invest in equities. The investment adviser has an attentive audience as traditional avenues of …
As many as 100 elephants are being killed every day for their tusks, according to the United Nations. The United States implemented a near-total ban on the commercial trade of African elephant ivory last year, and in New York this …
The head of German automaker Volkswagen’s engineering and environment office pleaded guilty Friday in a U.S. court to charges connected to an emissions scandal involving the company. Volkswagen executive Oliver Schmidt pleaded guilty to conspiracy and fraud charges that could …
The U.S. economy had a net gain of 209,000 jobs in July, while the unemployment rate fell slightly to 4.3 percent. That matches the lowest jobless rate in 16 years. Friday’s Labor Department report says job gains were seen in …
Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. said Friday they plan to spend $1.6 billion to set up a joint-venture auto manufacturing plant in the U.S. — a move that will create up to 4,000 jobs. The …
One of the most deprived suburbs in Paris is expected to be a big winner now the French capital is in line to host the 2024 Olympics with thousands of homes and a new swimming center to be built in …
Researchers in England are hoping to help root out modern-day slavery in northern India by using detailed satellite imagery to locate brick kilns — sites that are notorious for using millions of slaves, including children. A team of geospatial experts …
In a change from chocolates and fizzy drinks, the French are starting to offer fresh oysters from vending machines in the hope of selling more of the delicacy outside business hours. One pioneer is Tony Berthelot, an oyster farmer whose …
Nigeria will legalize illegal mini refineries in the Niger Delta oil hub by the end of the year and supply them with crude at a reasonable price, the presidency said Thursday, fulfilling a demand from community leaders. On Monday, Niger …