Economy

Economy

• 

  Richard Carrion declares IOC presidential bid

  Richard Carrion of Puerto Rico entered the IOC presidential race Wednesday, promising to use his business experience to guide the Olympics through the ... 

• Oil stays near $96 before crude stocks report, Fed

  The price of oil was little changed above $96 a barrel Wednesday as investors waited confirmation of a rise in U.S. crude stocks and the Federal ... 

• 

  Asia stocks rise as Fed official backs easy policy

  Asian stock markets were mostly higher Wednesday after investor confidence was boosted by a Federal Reserve official's comments that the U.S. 

• 

  North Korea sends leader's special envoy to China

  North Korean leader Kim Jong Un dispatched a high-profile official and close confidant to China on Wednesday as Beijing faces pressure to rein in its ... 

• Key senator to let Myanmar sanctions bill lapse

  Senate GOP leader Mitch McConnell, easing up on his long-held tough stance on Myanmar, said Tuesday he planned to allow key sanctions legislation ... 

• 

  Does France have right plan to revive its economy?

  The man charged with reviving France's shrinking economy and attracting businesses to invest here is gaining a reputation for doing the opposite. 

• German central bank: Economy to improve 'markedly'

  Germany's central bank expects the country's economy to improve "markedly" in the second quarter — a development that could boost the wider eurozone ... 

• Oil price down to near $96 as traders wait for Fed

  The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy. By early ... 

• How the French economy compares to Germany's, UK's

  Here's how the struggling French economy stacks up compared to Germany's and Britain's. GROSS DOMESTIC PRODUCT (2012) France: 2 trillion euros ($2. 

• Correction: Cyprus-Breaking Barriers story

  In a story April 27 marking the 10th anniversary of the breaching of the barriers carving up Cyprus, The Associated Press erroneously reported that ... 

• 

  China's Li seeks stronger economic ties with India

  Chinese Premier Li Keqiang told Indian business leaders Tuesday that developing stronger economic ties between their two nations would have huge ... 

• British inflation eases by more than expected

  Official figures show that consumer price inflation in Britain eased in April, largely on the back of lower fuel prices and airfares. The Office for ... 

• 

  Asia stocks muted ahead of Fed meeting

  Asian stock markets struggled to post gains Tuesday as investors waited for the U.S. Federal Reserve to telegraph what it plans to do next with its ... 

• 

  Obama vows US support as Myanmar leader visits

  President Barack Obama on Monday told Myanmar's president during a long-awaited White House meeting that he appreciates the Asian leader's efforts to ... 

• Ryanair keeps growing, reports record profits

  Ryanair reported record profits Monday as Europe's largest budget airline expanded its route network across the continent and into North Africa. 

• Oil price falls below $96 a barrel

  The price of oil fell Monday ahead of the release later this week of economic data from the U.S. and China, the world's two largest economies, and a ... 

• China asks NKorea to release fishing boat, crew

  China is urging North Korea to release a Chinese fishing boat whose owner says it was seized by gun-toting North Koreans earlier this month and held ... 

• 

  Chinese premier visits India to boost ties

  Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to ... 

• 

  Pope leads pep rally at Vatican, meets with Merkel

  Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, ... 

• Union leads march in Rome calling for job creation

  A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job ... 

• 

  Argentine dictator Videla dies in prison at age 87

  Former dictator Jorge Rafael Videla, who took power over Argentina in a 1976 coup and led a military junta that killed thousands of his fellow ... 

• Cyprus drops limits on 8 more foreign banks

  Cyprus on Friday got rid of limits on money transfers and withdrawals for international clients of another eight foreign banks doing business in the ... 

• Glance: Europe's Key Institutions

  Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who ... 

• Italian Cabinet passes first economic measures

  Italy's new cross-party government has adopted its first measures to help the economy. They include suspending a tax on primary residences and ... 

• 

  Greece faces slow, jobless recovery next year

  Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three ...