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Economy News

January 18, 2021
Carmaker Stellantis shares buoyed in Milan, Paris on 1st day
Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock ...
January 18, 2021
SKorean court gives Samsung scion prison term over bribery
Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a ...
January 18, 2021
Biden faces unrivaled challenges as he takes oath
When President-elect Joe Biden takes the oath of office Wednesday, he'll immediately face an almost unparalleled series of ...
January 18, 2021
12 workers trapped week ago in China mine blast are alive
Chinese state media say 12 out of 22 workers trapped for a week by an explosion in a gold mine are alive, as hundreds of ...
January 17, 2021
Insider Q&A: Mark Weinstein, MeWe's anti-Facebook CEO
Some users have fled Facebook and Twitter after the platforms booted President Donald Trump and some of his confederates for ...
January 17, 2021
Cargo ship sinks in the Black Sea; 3 dead, 6 rescued
A cargo ship sank off Turkey's Black Sea coast on Sunday, leaving at least three people dead, Turkish authorities said.
January 17, 2021
Banking heir Benjamin de Rothschild dies at 57
Benjamin de Rothschild, who oversaw the banking empire started by his father in 1953, has died. He was 57. The Edmond de ...
January 16, 2021
Nestlé recalls 762,000 pounds of pepperoni Hot Pockets
Nestlé Prepared Foods is recalling more than 762,000 pounds of pepperoni Hot Pockets, the U.S. Department of Agriculture’s ...
January 16, 2021
GM to build electric delivery vans in Canada
General Motors plans to spend $800 million to turn a Canadian SUV plant into one that will make electric delivery vans.
January 16, 2021
Haiti braces for unrest as opposition demands new president
Flying rocks. Burning tires. Acrid smoke. Haiti braced for a fresh round of widespread protests starting Friday, with ...
January 15, 2021
Pence remembers Chuck Yeager at W.Va. service
Vice President Mike Pence traveled to Charleston, West Virginia Friday to deliver remarks at a public celebration for the ...
January 15, 2021
Citigroup 4Q profit down 7%, revenue drops by 10%
Banking conglomerate Citigroup said its fourth quarter profits fell by 7%, but like its competitor JPMorgan Chase, the bank ...
January 15, 2021
December wholesale prices up 0.3% with sharp jump in energy
U.S. wholesale prices rose 0.3% in December led by a the biggest jump in energy costs since June. The Labor Department ...
January 14, 2021
Powell signals Fed to keep aiding economy
Fed Chair Jerome Powell is tamping down concerns the Fed might withdraw some of its support for the U.S. economy, stressing ...
January 14, 2021
Turkmenistan, Afghanistan open new infrastructure projects
The leaders of Turkmenistan and Afghanistan on Thursday launched three new infrastructure projects intended to boost economic ...
January 14, 2021
2020 sets yet another global temperature record
Scientists say 2020 was either the hottest year on record or a close second or third. Several weather groups Thursday ...
January 14, 2021
Denmark to hold impeachment trial vote on ex-minister
Denmark's ruling party said it would back a vote in parliament Thursday on whether a former immigration minister in the ...
January 14, 2021
France opposes foreign takeover offer for supermarket chain
France's government says it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain ...
January 14, 2021
China demands US lift Xinjiang cotton, tomato import ban
China on Thursday demanded Washington drop a ban on cotton and tomato imports from its Muslim northwest over complaints they ...
January 14, 2021
WhatsApp growth slumps as rivals Signal, Telegram rise
Encrypted messaging apps Signal and Telegram are seeing huge upticks in downloads from Apple and Google’s app stores.
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