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Economy News

October 19, 2017
The Latest: Belgian PM downplays rift over Catalonia
The Latest on the Spain-Catalonia political crisis (all times local): 3:40 p.m. Belgian Prime Minister Charles Michel is ...
October 19, 2017
Spain ready to revoke Catalan autonomy amid independence bid
Spain's government on Thursday set in motion plans to take away Catalonia's local powers after its defiant regional president ...
October 19, 2017
UK probes alleged money laundering link to South Africa
U.K. authorities are investigating allegations that British banks inadvertently acted as conduits for money laundering linked ...
October 19, 2017
Global stock markets slip as China's growth slows
Global stocks mostly fell Thursday after data showed that China's economic growth slowed slightly and tensions rose over the ...
October 19, 2017
British retail sales slip amid household income squeeze
Official figures show that retail sales in Britain fell by a bigger than anticipated 0.8 percent in September, a drop that ...
October 19, 2017
Asian markets mixed as data shows China growth slowed
Asian markets were mixed on Thursday after Wall Street closed at record highs. Data showed that China's quarterly growth ...
October 19, 2017
Bank of Korea raises South Korea's outlook on strong exports
South Korea's central bank said Thursday Asia's fourth-largest economy is likely to grow at a 3.0 percent annual pace this ...
October 19, 2017
China's conflicted goals: Freer markets, more party control
China's ruling Communist Party is expanding its role in business even as it promises freer markets and support for ...
October 19, 2017
Japan trade surplus leaps on strong exports to rest of Asia
Japan's trade surplus leaped nearly 38 percent in September from a year earlier, on strong shipments of cars, car parts and ...
United Airlines, United Continental
October 19, 2017
Hurricanes help push down United's 3Q profit by one-third
United Airlines' third-quarter profit fell by one-third as the carrier was rocked by hurricanes that hit its hub in Houston ...
Kenneth Chenault
October 19, 2017
American Express CEO Kenneth Chenault to retire next year
Kenneth Chenault, one of the most prominent black corporate leaders and long-time chairman and CEO of American Express, is ...
October 18, 2017
Bootleg Libyan oil, shady havens: Slain reporter's beats
Malta, a tiny archipelago nation in the southern Mediterranean, is so attractive to those looking to shelter funds or operate ...
October 18, 2017
Site of Amazon's HQ2 has much to learn from Seattle
Memo to the many places vying for Amazon's second headquarters: It ain't all food trucks and free bananas. For years, much ...
October 18, 2017
Xi urges stronger Chinese stand against 'grim' challenges
Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take a stronger role in society and ...
October 18, 2017
Saudi carrier launches direct flight to Iraq after 27 years
Saudi budget-carrier flynas on Wednesday launched the first direct flight between the kingdom and Iraq since the Gulf War 27 ...
October 18, 2017
US home construction tumbled 4.7 percent in September
Construction of new homes fell 4.7 percent in September, the biggest decline in six months, reflecting weakness in both ...
October 18, 2017
Berlusconi stumps for referendums in 2 Italian regions
Former Italian Premier Silvio Berlusconi has thrown his political weight behind a referendum on autonomy in his native region ...
October 18, 2017
Norwegian firms signs $3B deal with Iran for solar panels
Norwegian solar panel maker Saga Energy has signed a deal worth 2.5 billion euros ($2.9 billion) with Iran's state-owned ...
October 18, 2017
The Latest: Catalan official rules out holding new election
The Latest on the Spain-Catalonia political crisis (all times local): 2 p.m. A top Catalan official is ruling out the ...
October 18, 2017
ECB chief: Market reforms must promote growth for all
European Central Bank head Mario Draghi says governments must ensure that pro-business reforms create economic benefits for ...
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