U.S. President Donald Trump named on Tuesday two possible candidates to run the Federal Reserve over the next few years: current Fed Chair Janet Yellen and Trump’s economic adviser Gary Cohn, according to an interview with The Wall Street Journal. …
Apple Chief Executive Tim Cook has committed to build three big manufacturing plants in the United States, the Wall Street Journal quoted U.S. President Donald Trump as saying. “I spoke to [Cook], he’s promised me three big plants — big, …
Colombian officials received $27 million in bribes from Brazilian engineering firm Odebrecht, more than double previously thought, as the company sought to win a road-building contract, Colombia’s attorney general said on Tuesday. As fallout from a massive corruption scandal continues …
Peruvian authorities have launched a major crackdown on modern slavery after a warehouse fire in Lima last month killed four workers, including two who were trapped inside a padlocked container on the roof. Officials said they had shut down six …
Following a lack of agreement at the U.S. China Comprehensive Economic Dialogue in Washington last week, analysts say they expect the Trump administration to impose stiff penalties on Chinese steel and other imports. They are also predicting the U.S. might …
A Ghanaian teenager wanted to develop a video search engine that could challenge the dominance of YouTube. As Faith Lapidus reports, he’s well on his way. …
From recycled paint to rented jeans, businesses large and small are looking at ways to cut waste, use fewer resources and help create what has been coined a “circular economy” in which raw materials and products are repeatedly reused. Unilever, …
More steps to free up trade globally have been taken since Donald Trump was elected than measures to restrict it, the World Trade Organization said, despite concerns his administration would introduce a raft of punitive rules to protect U.S. jobs. …
Thailand’s justice ministry froze some of former Prime Minister Yingluck Shinawatra’s bank accounts, the ministry and her legal team said on Monday, in relation to a $1 billion fine imposed by the ruling junta over her administration’s rice-subsidy program. She …
The U.S. Carrier factory where President Donald Trump says he saved 800 jobs from moving to Mexico notified 300 people last week that they were being laid off. The layoff notices began Thursday, exactly six months since Trump took office. …
The United States and Britain are launching preliminary talks in Washington on a trade deal that will set up a new trade relationship between the two countries, after Britain’s exit from the European Union. Britain hopes removing barriers under its …
The Federal Reserve has already achieved one of its two mandates: With the unemployment rate at just 4.4 percent, the Fed has essentially maximized employment. It’s the Fed’s other goal — price stability — that’s stayed persistently out of reach. Inflation …
Lucy Harris thinks Britain’s decision to leave the European Union is a dream come true. Nick Hopkinson thinks it’s a nightmare. The two Britons — a “leave” supporter and a “remainer” — represent the great divide in a country that stepped into …
Authorities in Madrid asked Spain’s anti-trust watchdog on Saturday to investigate whether Uber’s new low-cost airport transfer service constitutes unfair competition. The city council’s request follows the ride-hailing app’s return to the Spanish capital last year after the CNMC competition …
The state government in India’s capital told Philip Morris International Inc and other tobacco companies Saturday to remove all advertisements from tobacco shops in the city, warning them of legal action if they do not comply. The order, sent by …
An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata air bags, after police said he was killed when hit in the neck by shrapnel from an air bag. Police did …
The Carrier manufacturing facility in Indianapolis, Indiana, owned by United Technologies Company, was in the limelight during the 2016 presidential election when then-candidate Donald Trump criticized UTC’s announcement it was moving jobs from the facility to Mexico. While Trump’s postelection …
President Donald Trump was expected to sign an executive order Friday authorizing a comprehensive review of the U.S. manufacturing sector to help ensure the security of the nation, according to White House officials. White House National Trade Council Director Peter …
Businesses owned by U.S. President Donald Trump have filed requests for visas with the Department of Labor to hire dozens of temporary foreign workers. The news of the requests comes during the White House’s “Made in America Week,” urging American …
An international energy watchdog warns that the decline in global investment in the oil sector could lead to energy shortages when prices start to rebound. The International Energy Agency says energy investments have declined 20 percent in the past three …
The government of Peru’s President Pedro Pablo Kuczynski said on Thursday that it was firing its special counsel in a corruption probe of Brazilian builder Odebrecht, sparking accusations of interference. Justice Minister Marisol Perez said she dismissed special attorney Katherine …
India’s top builders have pledged to make at least a fifth of their new housing developments sustainable by 2022, as the country looks to tap sectors other than renewable energy to meet its ambitious climate goals. The campaign is led …
While Western drivers like the “new car smell” of a vehicle fresh off the production line, Chinese would rather their cars didn’t smell of anything — a cultural divide that’s testing carmakers seeking an edge to revive sales in the …
Venezuela’s severe economic crisis will worsen if President Nicolas Maduro presses ahead with a controversial new congress that would further undermine investor confidence in the OPEC nation, the head of the country’s biggest business guild said. Despite months of protests …