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Economy News

September 17, 2019
World's top brewer revives listing plans, halves IPO size
AB InBev, the world's largest brewer that produces Budweiser and Corona, on Tuesday revived plans to list its Asian business ...
September 17, 2019
Hong Kong leader: PR firms decline to restore city's image
Hong Kong leader Carrie Lam said Tuesday that international public relations firms have turned down the government's requests ...
September 17, 2019
Asian shares mixed, Hong Kong skids after Moody's downgrade
Shares were mixed in Asia on Tuesday, led by declines in Chinese benchmarks after the credit ratings agency Moody's ...
September 17, 2019
Chinese envoy going to US to prepare for trade talks
A Chinese envoy will head to Washington on Wednesday to prepare for trade negotiations. The announcement Tuesday follows ...
September 17, 2019
Asian shares weaker after spike in crude oil rattles market
Shares were mostly lower in Asia on Tuesday after an attack on Saudi Arabia's biggest oil processing plant caused crude ...
September 17, 2019
Oil prices jump as attack on Saudi plant jolts supply
Global energy prices spiked more than 14% Monday after a weekend attack on key oil facilities in Saudi Arabia caused the ...
September 16, 2019
GM walkout brings factories and warehouses to a standstill
More than 49,000 members of the United Auto Workers went on strike Monday against General Motors, bringing more than 50 ...
September 16, 2019
$2B waterway through Deep South yet to yield promised boom
More than a century in the making, the 234-mile (376-kilometer) Tennessee-Tombigbee Waterway was supposed to fulfill a dream ...
September 16, 2019
UAW workers say they just want 'a fair contract'
United Auto Workers say they just want 'a fair contract' as talks are expected to resume Monday morning with General Motors.
September 16, 2019
Manufacturers, retailers less optimistic, survey says
Small manufacturers and retailers are losing confidence in the national economy yet remain upbeat about their own prospects.
September 16, 2019
India's economy slows, stalling once thriving manufacturing
Anuj Kapoor took over his father's booming auto parts business in 2012, hoping to elevate the company from selling to ...
September 16, 2019
Auto workers strike against GM in contract dispute
More than 49,000 members of the United Auto Workers walk off General Motors factory floors or set up picket lines as contract ...
September 16, 2019
49,000 United Auto Workers strike against GM
Over 49,000 members of the United Auto Workers walked off General Motors factory floors or set up picket lines early Monday ...
September 16, 2019
Oil prices leap as attack on Saudi facility disrupts output
Oil prices surged Monday after an attack on Saudi Arabia's largest oil processing plant halted output of more than 5.
September 16, 2019
Union votes to strike at General Motors' US plants
Roughly 49,000 workers at General Motors plants in the U.S. plan to go on strike just before midnight Sunday, but talks ...
September 16, 2019
The Latest: GM, UAW to resume talks; strike still planned
The Latest on labor strife at General Motors factories (all times local): 7:20 p.m. United Auto Workers says contract talks ...
September 15, 2019
GM workers to strike amid contract negotiation
The United Auto Workers union says its contract negotiations with General Motors have broken down and its roughly 49,000 ...
September 15, 2019
Mobile home residents squeezed by market forces
As developers across the U.S. buy up mobile home parks to tear them down, and investors buy parks and raise rent, the state ...
September 15, 2019
The Latest: US 'ready' to deploy resources from reserves
The Latest on the explosion and fire at a major oil facility in Saudi Arabia (all times local): 3:10 a.m. The U.S.
September 15, 2019
Saudi Arabia: Drone attacks knocked out half its oil supply
Yemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil ...
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