US Agriculture Secretary Tom Vilsack spent Friday discussing soil management and crop diseases at a cooperative farm in central Cuba, part of an American push to cement detente with the communist…
World Economy
World-Economy
Global stock indexes fell amid disappointing company results and forecasts, while oil prices registered their biggest weekly loss in eight months on swelling storage of crude.
US stock…
World-Economy
The United States manufacturing trade deficit reached a record high of $74.7 billion in September, according to the United States Census Bureau. After analyzing the September report, economist…
World-Economy
The dilemma facing Asian central banks is the ability to adapt to the risk of normalization of monetary policy in advanced economies, in particular the United States.
World-Economy
Italy’s UniCredit will target €5.3 billion ($5.7 billion) net profit by 2018 as well as higher sustainable return to shareholders with Return on Tangible Equity (RoTE) at 11%, the bank revealed in…
World-Economy
The Organization for Economic Cooperation and Development raised its projection for Hungary’s GDP growth next year to 2.4% from 2.2% in the previous outlook released in June, NewsNow reported. The…
World-Economy
The UAE, which is currently experiencing a deterioration in its fiscal balances, will return to budget surpluses in 2017 owing to recovering oil prices and a planned increase in production levels…
World-Economy
Business confidence in the Middle East Arab states is at its lowest ebb for more than five years, according to the latest global survey of accountants.
World-Economy
Indian Prime Minister Narendra Modi told a London audience that FDI into India has increased by 40% since last year, which shows the increasing global confidence in the country, PTI reported.
World-Economy
The European Union has asked Moscow not to ban Ukrainian goods after January 1, 2016, when the economic part of Kiev’s Association Agreement comes into force. Kremlin says it’s considering customs…
World-Economy
Eurozone economic growth was slower than expected in the third quarter, preliminary data showed Friday, increasing market expectations that the European Central Bank will step up its monetary…
World-Economy
The head of the International Monetary Fund says she supports adding China to an exclusive club of the world’s top currencies.
Christine Lagarde said that she supports findings by staff at…
World-Economy
British authorities have said they will charge 10 bankers with manipulating the Euro Interbank Offered Rate (Euribor). The instrument serves to define the fees for eurozone lenders borrowing funds…
World-Economy
The growth of loan operations is ongoing despite the fact that the quality of banks’ loan portfolio has deteriorated, the head of Russia’s Central Bank Elvira Nabiullina said on Friday, Tass…
World-Economy
Thailand’s economy likely posted mild quarterly growth over July to September helped by public spending and tourism, but weak exports will continue to hamper a more convincing recovery, Reuters…
World-Economy
Philippines is hosting this year’s Asia-Pacific Economic Cooperation summit. Since Thursday, the APEC summit has been underway in Manila, bringing together 21 Pacific Rim member economies.…
World-Economy
Today’s world is more economically and financially integrated than at any time since the latter half of the nineteenth century. But policymaking–particularly central banking–remains…
World-Economy
Britain and India welcomed more than £9 billion ($13.7 billion) in commercial deals during a visit by Indian Prime Minister Narendra Modi, but his arrival was overshadowed by protests over a…
World-Economy
China moved to contain leveraged wagers on its stock market, cutting by half the amount of borrowed money investors can use to buy shares, as authorities seek to prevent a repeat of the excesses…
World-Economy
The dollar stalled on Friday, on track to post weekly losses against the euro and yen, as the market’s appetite for risk receded amid a tumble in equities that pulled the greenback further away…
World-Economy
China National Chemical Corp is in talks to buy Switzerland’s Syngenta AG but its initial offer of nearly $42 billion for the world’s largest agrichemical company was rejected, Bloomberg said.…
World-Economy
Asian shares fell sharply on Friday after commodity prices tumbled to multi-year lows on worries that slower global growth may worsen a supply glut, while US Federal Reserve officials kept…
World-Economy
The Dubai Air Show ended in a fog of speculation on Thursday when UAE organizers abandoned plans to announce a multi-billion-dollar deal that could have reversed a slump in orders at the Middle…
World-Economy
Goodbody Stockbrokers Friday released a report which shows that Ireland is on track to be the fastest-growing economy in the eurozone for four years in a row in the period from 2014-2017, Business…
World-Economy
A huge deposit holding at least 470 tons of gold has been discovered beneath the seabed of the East China Sea.
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