Ugandans will be able to buy government securities through a mobile money platform in a move by the east African country to become less dependent on commercial banks and institutional investors for its funding. The government said in a statement …
Disruptions from last month’s partial government shutdown caused a “shocking” deterioration in the IRS’ telephone help for taxpayers in the first week of the filing season, the agency’s watchdog said in a report released Tuesday. In the week of Jan. …
Toys R Us fans in the U.S. should see the iconic brand re-emerge in some form by this holiday season. Richard Barry, a former Toys R Us executive and now CEO of the new company called Tru Kids Brands, …
Battling a sharp rise in food costs, Turkish authorities opened their own markets on Monday to sell cheap vegetables directly to shoppers, cutting out retailers who the government has accused of jacking up prices. Crowds queued outside municipality tents to …
Mexican President Andres Manuel Lopez Obrador said on Monday contracts private companies have with state-run power utility CFE should be revised to keep electricity prices low, sending shares in one Mexican contractor tumbling “We are urging companies that have agreements …
U.S. Steel Corp. will restart construction on an idled manufacturing facility in Alabama, and it gave some of the credit to President Donald Trump’s trade policies in an announcement Monday. Trump’s “strong trade actions” are partly responsible for the resumption …
International Monetary Fund chief Christine Lagarde on Sunday met Pakistani Prime Minister Imran Khan and assured him that IMF stands ready to support his country. The meeting took place on the sidelines of the World Government Summit in Dubai, hosted …
A portion of TransCanada Corp’s Keystone oil pipeline remained shut on Thursday for investigation of a possible leak on its right-of-way near St. Louis, Missouri, a company spokesman said. TransCanada shut the pipeline on Wednesday between Steele City, Nebraska and …
Fiat Chrysler Automobiles NV and Robert Bosch have agreed to pay lawyers representing owners of U.S. diesel vehicles $66 million in fees and costs, according to court filing on Wednesday and people briefed on the matter. In a court filing …
President Donald Trump says Treasury Department official David Malpass is his choice to lead the World Bank. Trump introduced Malpass on Wednesday as the “right person to take on this incredibly important job.” Malpass is a sharp critic of the …
Treasury Secretary Steven Mnuchin said Wednesday that President Donald Trump had a “quite productive” dinner with Federal Reserve Chairman Jerome Powell. He says they discussed a wide range of subjects, from the state of the economy to the Super Bowl …
No matter who wins Algeria’s presidential election, 29-year-old cardiologist Moumen Mohamed plans to seek his fortune elsewhere. He is one of a growing number of young, educated Algerians who are looking for work in Europe or the Gulf to escape …
A patient is being tested for Ebola at a hospital in Philadelphia, although officials don’t believe the patient has the potentially deadly illness. Penn Medicine says preliminary testing at the Hospital of the University of Pennsylvania indicates the person has …
Rwanda said on Tuesday it had signed a $400 million deal to produce bottled gas from Lake Kivu, which emits such dense clouds of methane it is known as one of Africa’s “Killer Lakes.” The project by Gasmeth Energy, owned …
When he was younger, the only thing that Enrique Morales knew about marijuana was that you smoked it to get high. Today, the former driver is a horticulturist on a cannabis plantation about 80 miles (130 kilometers) west of …
As Asian-Americans across the U.S. mark the Lunar New Year on Tuesday, they can celebrate by eating Mickey Mouse-shaped tofu, sporting a pair of Year of the Pig-inspired Nike shoes and by snacking on pricey cupcakes. The delicacies and traditions …
Zambia’s profitable copper mining industry is making its citizens poor, an explosive new report by a southern African research organization says. The report by Southern Africa Resource Watch examined conditions in the community around one mine in northwestern Zambia, where …
Zimbabwe’s public teachers are alleging intimidation as they try to launch a nationwide strike for better salaries. Some urban teachers tell The Associated Press that riot police are guarding classrooms, while public service inspectors are moving around and marking attendance …
The World Bank may be poised for a shake-up with President Donald Trump planning to nominate David Malpass, a Trump administration critic, to lead the institution focused on global poverty. Malpass’ selection was confirmed by a senior administration official …
Negotiating new World Trade Organization rules to try to rein in China’s “mercantilist” trade practices would be largely a futile exercise, the Trump administration’s trade office said on Monday, vowing to pursue its unilateral approach to protect U.S. workers, farmers …
Brazil’s government has opened discussions with congressional leaders, state governors and mayors on a pension reform bill that would set the minimum retirement age for men and women at 65, a government official said on Monday. The proposal is one …
Long before she became just one of the financially destitute legions of street sweepers that dot Moscow’s bitterly cold winter landscape, Shaknoza Ishankulova had simply wanted to do the right thing. It was 2008, and the recent Uzbekistan National University …
A federal bankruptcy judge approved a major debt restructuring plan for Puerto Rico on Monday in the first deal of its kind for the U.S. territory since the island’s government declared nearly four years ago that it was unable to …
Huawei executive Meng Wanzhou, who was arrested in Canada and faces possible extradition to the United States, is exploring a defense that claims U.S. charges against her are politically motivated, the Globe and Mail newspaper reported on Monday. Meng, the …