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Economy News

June 24, 2018
Egypt's president approves law for ride-hailing apps
Egypt's President Abdel-Fattah el-Sissi approved a law governing popular ride-hailing apps Uber and Careem after the ...
June 24, 2018
US imported more seafood in 2017 than any prior year
The United States imported more seafood last year than at any point in its history, and the nation's trade deficit in the ...
June 24, 2018
Etihad to loan pilots to competing UAE airline Emirates
Long-haul airline Etihad Airways will loan pilots to competing Dubai-based carrier Emirates under a new program, officials ...
June 24, 2018
Libya's UN-backed government says 3 abducted Turks released
Libya's U.N.-backed government in Tripoli says three Turkish workers who were kidnapped last year in a southern Libyan town ...
Jun Lei
June 23, 2018
Xiaomi seeks to raise up to $6 billion in Hong Kong IPO
Chinese smartphone maker Xiaomi Corp. plans to raise up to $6 billion in one of the biggest global stock market debuts in ...
June 23, 2018
Car dealers gear up for Saudi women to hit the roads
Cradling her four-month-old daughter, Nour Obeid scans the car showroom and heads to the mid-sized SUVs. In the past, a woman ...
Jair Bolsonaro
June 23, 2018
Many Brazilians look to military amid anger at politicians
Furious at corrupt politicians and fearful of deteriorating security, many Brazilians are calling for a military intervention ...
Lim Guan Eng, Nor Shamsiah Mohamad Yunus,
June 22, 2018
Malaysia names new central bank governor
Malaysia has named Nor Shamsiah Mohamad Yunus, an experienced former central bank official, as the new central bank governor.
Brian Krzanich
June 22, 2018
Intel CEO out after consensual relationship with employee
Intel CEO Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an ...
June 22, 2018
Chevrolet goes after Jeep Grand Cherokee with new Blazer
Because these days you can't have too many SUVs, General Motors is bringing back the Chevrolet Blazer. Only this time it's ...
June 22, 2018
Fed finds biggest US banks strong enough to survive shock
The Federal Reserve says that all of the 35 largest U.S. banks are fortified enough to survive an economic shock and keep on ...
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June 21, 2018
Tariffs Stir Unrest Among Whiskey Producers
American Whiskey producers are worried as the European Union starts taxing U.S. imports including Harley-Davidson bikes, ...
June 21, 2018
US long-term mortgage rates fall; 30-year at 4.57 percent
Long-term U.S. mortgage rates fell this week, marking their third decline in the past four weeks after increasing last week.
June 21, 2018
Water balloon slingshots top list of unsafe summer toys
A Boston-based consumer watchdog group has warned of the dangers to children of water balloon slingshots, lawn darts and ...
June 21, 2018
Malaysia to go ahead with skyscraper despite stolen funds
Malaysia said Thursday it will not cancel a skyscraper project billed as the tallest in Southeast Asia, even though 3 billion ...
June 21, 2018
Airlines ask US not to put migrant children on flights
American Airlines and United Airlines said Wednesday that they asked the Trump administration not to use their flights to ...
June 20, 2018
Feds: Engine crack caused 2015 British Airways incident
Federal investigators say a fatigue crack in the left engine compressor on a British Airways jet was to blame for an aborted ...
June 20, 2018
Over 100 arrested in immigration raid at meatpacking plant
More than 100 workers were arrested at an Ohio meatpacking plant by federal agents following a yearlong immigration ...
Barack Obama, Kafui Dzirasa, Atul Gawande, Riccardo Sabatini, Zoe Keating
June 20, 2018
Amazon, Buffett, JPMorgan pick Gawande to lead health firm
Three corporate giants seeking to attack rising health care costs have turned to a Harvard professor who has written books ...
Jerome Powell
June 20, 2018
Central bank chiefs of 4 major nations raise trade concerns
The leaders of the central banks of four major economies expressed alarm Wednesday that multiple trade conflicts are ...
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