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Economy News

Trains crash in southern Egypt, killing at least 32

Two trains crashed Friday in southern Egypt, killing at least 32 people and injuring 165, authorities said in the latest of ...

ThredUp's shares pop in stock market debut

Shares of ThredUp rose more than 40% in their stock market debut Friday, reflecting investor enthusiasm for the online seller ...

WeWork stock offer comes amid doubtful need for office space

Uncertainty about demand for office space in a global pandemic is a big risk that investors will have to weigh as WeWork ...

Cash-strapped Sudan clears overdue payments to World Bank

The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a move that gives the ...

Radioactive material found inside oil facility in Lebanon

A German company has found dangerous nuclear material stored in an oil facility in southern Lebanon, officials said Friday.

Putin hails Russian military's performance in Arctic drills

Russian President Vladimir Putin on Friday hailed the military's performance during recent Arctic drills, part of Moscow's ...

Yemen rebels hit, set ablaze fuel tank in south Saudi Arabia

A fuel tank at an oil facility in Saudi Arabia caught fire after being struck in an attack by Yemen's Houthi rebels, ...

Nissan-Renault rift at center of Japanese trial of American

The trial of former Nissan executive Greg Kelly in a Tokyo court is increasingly focusing on a rift between Nissan Motor Co.

WWII codebreaker Turing honored on UK's new 50-pound note

The rainbow flag flew proudly Thursday above the Bank of England in the heart of London's financial district to commemorate ...

Myanmar junta uses force on streets; US, UK target finances

As Myanmar's junta used violence again Thursday to try to suppress protests against the military's takeover, the United ...

Jihadi rebels hit town in north Mozambique near gas project

Jihadi rebels are fighting to capture Palma, a strategic town in northern Mozambique where fighting continued Thursday after ...

Man arrested after boarding empty Mauritania plane on tarmac

Authorities have arrested a man after he boarded an empty Mauritania Airlines plane sitting on the tarmac at the ...

Here's what foreign brands have to say about Xinjiang

Nike. The Gap. Uniqlo. Major clothing and footwear brands are under attack in China after Europe, the U.S. and other ...

Treasury sends out additional 37 million relief payments

The Treasury Department said Wednesday that it has sent out another 37 million economic impact payments, bringing the total ...

Massive cargo ship becomes wedged, blocks Egypt's Suez Canal

A skyscraper-sized container ship has become wedged across Egypt's Suez Canal and blocked all traffic in the vital waterway, ...

Watchdog: Ex-Navy auditor sexually harassed female workers

A former Navy civilian auditor sexually harassed at least a dozen female employees for more than two decades as part of a ...

GameStop weighing stock offering to fund transformation

GameStop is considering selling some of its shares, a move that would enable the video-game retailer to capitalize on the ...

Erdogan urges investors to trust Turkey's economy, potential

Turkish President Recep Tayyip Erdogan urged foreign investors Wednesdays to have confidence in Turkey’s economy days after ...

Slower mail, fewer office hours part of Postal Service plans

Postmaster General Louis DeJoy on Tuesday announced plans to slow mail delivery standards and cut hours at some post offices ...

Philippine Supreme Court slams killings of lawyers, judges

The Philippine Supreme Court on Tuesday condemned the alarming number of killings and threats against lawyers and judges.

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