Over the past few years, Chinese companies have flooded the globe with investments, buying up everything from real estate to football clubs and entertainment companies. As a result, hundreds of billions of dollars in capital have flowed out of the …
Economic growth in sub-Saharan Africa is expected to be 2.4 percent in 2017, the World Bank said on Wednesday, down from the 2.6 percent projected in April. It said the downgrade was due to a number of reasons, including Nigeria’s …
U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau met at the White House Wednesday to discuss the renegotiation of the North American Free Trade Agreement amid growing animosity over how to reshape the pact. Trade experts predict the …
President Donald Trump said Wednesday that the country’s surging stock markets would grow even faster if Congress enacts his proposed overhaul of the country’s tax laws. Trump is heading to a Pennsylvania airport hangar to talk to a group of …
Financial markets in Istanbul were pummeled this week as the tit-for-tat visa spat between the Unites States and Turkey escalated. Turkish stocks and currency values fell on Monday before rebounding in Tuesday’s trading. The Oct. 8 decision by the United …
Attorneys for the Trump administration said a federal judge has no authority to second-guess a presidential permit for the Keystone XL oil pipeline as they seek to stop a lawsuit that would block the project. Justice Department attorneys are due …
Turkish President Tayyip Erdogan pledged gas, investment and support for the Balkans on Tuesday, in an apparent bid to expand influence in a region frustrated by the slow pace of EU accession. His two-day trip to Serbia — a mainly …
The most powerful U.S. business lobby accused the Trump administration of making “poison pill proposals” to sabotage NAFTA on Tuesday, as Mexico’s foreign minister said the demise of the regional trade pact would hurt bilateral cooperation. The process of renegotiating …
European Union Council President Donald Tusk said Tuesday that Brexit negotiations will not move to the next stage focused on trade relations before December at the earliest — not later this month, as Britain was hoping. Tusk bemoaned the slow …
The global economy is expected to expand to a 3.6 percent annual rate this year, up from last year’s rate of 3.2 percent. Tuesday’s assessment comes from the International Monetary Fund as economic officials from the World Bank and …
Global unemployment this year stands at more than 201 million, an increase of 3.4 million compared to 2016, says the International Labor Organization. The ILO says the private sector, especially small and medium-sized enterprises, plays a crucial role in creating …
American Richard H. Thaler was awarded the 2017 Nobel Prize for Economics — officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel. The award committee said Thaler was chosen “for his contributions to behavioral economics.” “By …
Ants and beetles in the kitchen? Normally that’d close down a restaurant immediately, but for a unique eatery in Bangkok, bugs in the beef ragu and pests in the pesto are the business plan. Tucking into insects is nothing …
The New Zealand currency sunk to a fresh four-month low on Monday as a small nationalist party carried out negotiations to determine the country’s next government. The currency fell to $0.7160, its lowest since early June, from $0.7090 on Friday …
Born and raised in this Texas Gulf Coast beach town, James Wheeler Jr. finds himself sawing plywood and hanging sheet rock at a time when he would normally be leading deep-sea fishing excursions, trying to hook tuna or Spanish mackerel …
Sudan’s currency strengthened to 18.5 pounds to the dollar from 20.2 on the black market on Sunday, the first day of business since the United States lifted trade sanctions, raising a glimmer of hope for recovery in the war-torn country. …
Donald Trump boasts of making great deals, but a financial report filed with the British government shows he has lost millions of dollars for three years running on a couple of his more recent big investments: his Scottish golf resorts. …
The decline of the world’s industrialized honeybees has been well documented. A combination of pesticides and parasites have led to whole bee colonies dying off, a phenomenon called Colony Collapse Disorder. Now, it turns out the pesticides that are hurting …
Ira Gerhart finally found a place last year to fulfill his yearslong dream of opening a brewery: a 1923 Presbyterian church. It was cheap, charming and just blocks from downtown Youngstown. But soon after Gerhart announced his plans, residents and …
Home to half the world’s Mountain gorilla and 50 percent of world bird species, conservation tourism marketing remains a challenge for Uganda. In a first ever conservation Finance Giants Forum, Uganda also known as the Pearl of Africa, Friday, got …
Two back-to-back hurricanes in the continental U.S. displaced more workers than first thought resulting in a net loss of 33 thousand jobs in September. But the job losses seem to have had little effect on the national unemployment rate, which …
Venezuelans already struggling to find food, medicine and other basic necessities have a new shortage to worry about: cash. Troubling shortfalls of Venezuelan bolivars are forcing many in this distressed South American nation to form long lines outside banks …
The U.S. Chamber of Commerce warned on Friday that the Trump administration was making “highly dangerous demands” in the North American Free Trade Agreement modernization talks that could erode U.S. business support and torpedo the negotiations. John Murphy, the chamber’s …
The U.S. Commerce Department said Friday that it is imposing more duties on Canada’s Bombardier C series aircraft, charging that the Canadian company is selling the planes in America below cost. The 80 percent duty comes on top of duties …