Economy News

November 13, 2018

Binny Bansal out as CEO of Flipkart Group

The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as ...

November 13, 2018

EU court rules taste of food cannot be trademarked

The European Union's highest court hasn't fallen under the spell of Dutch witches' cheese. The European Court of Justice said ...

November 12, 2018

Small businesses band together for Small Business Saturday

Many small and independent retailers who are holding Small Business Saturday shopping events Thanksgiving weekend are banding ...

November 12, 2018

The Latest: Nuclear watchdog: Iran stays within deal limits

The Latest on U.N. nuclear watchdog's new report on Iran (all times local): 4 p.m. The U.N. atomic watchdog says Iran ...

November 12, 2018

CEO out at cosmetics maker Coty

The top executive at the New York cosmetics maker Coty is leaving less than a week after revealing that significant supply ...

November 12, 2018

1 year after Mugabe fall, Zimbabwe asks 'what has changed?'

One year ago the unthinkable happened in Zimbabwe: Robert Mugabe fell from power. Tanks rolled in the streets of the capital, ...

November 12, 2018

Stock markets subdued as oil rises, breaking losing streak

Global markets were subdued Monday as the price of oil rose and investors looked to the release of economic data by the U.S.

November 12, 2018

SoftBank mobile unit to go for IPO raising some $20 billion

Japanese technology company SoftBank Group Corp. will carry out an initial public offering of its Japanese mobile subsidiary, ...

November 12, 2018

Asia shares gain ahead of key data; oil recovers

Asian markets were mostly higher on Monday ahead of key economic data, such as industrial production figures from China and ...

November 11, 2018

Pabst says MillerCoors is trying to put it out of business

Pabst Brewing Company and MillerCoors are going to trial, with hipster favorite Pabst contending that MillerCoors wants to ...

November 11, 2018

Women's role in WWI underplayed at Armistice weekend

Buried in French President Emmanuel Macron's speech on the sacrifice of "young men" in World War I Sunday was a reference to ...

November 10, 2018

Report: Russian charged by US seen at Libya military meeting

A Russian newspaper says video released by the self-styled Libyan National Army shows a businessman allegedly linked to a ...

November 09, 2018

Correction: Ford-Scooters story

In a story Nov. 8 about Ford buying electric scooter company Spin, The Associated Press reported erroneously the owner of ...

November 09, 2018

Justice Ruth Bader Ginsburg out of hospital after fall

Supreme Court Justice Ruth Bader Ginsburg was released from the hospital Friday after having been admitted for treatment and ...

November 09, 2018

US wholesale prices jump, but underlying pressures look tame

Led by costlier gas, food, and chemicals, U.S. wholesale prices surged 0.6 percent in October, the biggest month-to-month ...

November 09, 2018

Italian populist leader 'guarantees' nation won't exit euro

The head of one of Italy's ruling parties insisted Friday that the country won't exit the euro currency bloc nor exceed its ...

November 09, 2018

Financial Times editor refused entry to Hong Kong

The Asia editor of the Financial Times has been refused entry to Hong Kong, weeks after he was denied a new work visa in what ...

November 09, 2018

UK economy grows at fastest tick in nearly 2 years

Official figures show that the British economy grew in the third quarter of the year at its fastest pace for nearly two years

November 09, 2018

China auto sales fall in October, deepening slump

China's auto sales sank for a fourth month in October as an unexpectedly painful slump in the global industry's biggest ...