Britain’s impending departure from the European Union poses a big risk, but domestic demand is still fueling growth in the German economy, Europe’s largest, Economy Minister Peter Altmaier said in…
more ...Gaza Cafe Owner Offers Fish Pedicures to Improve Business
When Mahmoud Othman tried to figure a way to save his cafe business in the beleaguered Gaza Strip, he was amazed by online videos of tourists in Turkey getting fish…
more ...Trade Optimism Lifts Stocks, But 2018 Ends in Red
Equities around the world rose Monday as possible progress in resolving the trade dispute between the United States and China engendered some investor optimism in what has been a punishing…
more ...China Factory Activity Shrinks for First Time in 2 Years
China’s factory activity shrank in December for the first time in more than two years, an official survey showed Monday, intensifying pressure on Beijing to reverse an economic slowdown as…
more ...Kenyan GDP Growth at 6 Percent in Third Quarter 2018
Kenya’s economy expanded faster in the third quarter of this year than in the same period last year due to strong performance in the agriculture and construction sectors, the statistics…
more ...The Euro Currency Turns 20 Years Old on Tuesday
The euro currency turns 20 years old on January 1, surviving two tumultuous decades and becoming the world’s No. 2 currency. After 20 years, the euro has become a fixture…
more ...Trump Says ‘Big Progress’ on Possible China Trade Deal
U.S. President Donald Trump said on Twitter on Saturday that he had a “long and very good call” with Chinese President Xi Jinping and that a possible trade deal between…
more ...Farmers Risk Loss of Federal Payments, Loans, From Shutdown
The end of 2018 seemed to signal good things to come for America’s farmers. Fresh off the passage of the farm bill, which reauthorized agriculture, conservation and safety net programs,…
more ...Hong Kong Economy Caught in US-China Trade Crossfire
The storm winds of the recent trade war between the United States and China have settled in a truce for now, but the weeks of agitation — of rising tariffs…
more ...Lampert Makes $4.4 Billion Bid to Keep Sears Alive
Sears Holdings Corp. Chairman Eddie Lampert submitted a $4.4 billion takeover bid for the bankrupt U.S. retailer, representing its only chance of escaping liquidation and laying off tens of thousands…
more ...Strong Week, Yet Horrible Month for Wall Street
Wall Street capped a week of volatile trading Friday with an uneven finish and the market’s first weekly gain since November. Losses in technology, energy and industrial stocks outweighed…
more ...Wells Fargo Agrees to $575 Million US Settlement on Consumer Ills
Wells Fargo agreed to a $575 million nationwide settlement over its opening of millions of unauthorized customer accounts and other alleged predatory practices, the bank and U.S. authorities announced Friday.…
more ...US Fossil Fuel Exports Spur Growth, Climate Worries
In South Korea’s largest shipyard, thousands of workers in yellow hard hats move ceaselessly between towering cranes lifting hulks of steel. They look like a hive of bees scurrying over…
more ...Dow Finishes Up 1.1 Percent as US Stocks Rebound
Wall Street stocks finished solidly higher Thursday following a late-afternoon surge as worries over slowing economic growth gave way to bargain-hunting. The Dow Jones Industrial Average finished at 23,138.82, an…
more ...Tesla Sets up Shanghai Financial Leasing Unit as China Plans Accelerate
Tesla Inc has registered a financial leasing company in China, a local business registration filing shows, in the latest sign the U.S. electric car maker is attempting to speed up…
more ...Report: US Retail Holiday Sales Best in 6 Years
Retail sales in the U.S. for the 2018 holiday season were up more than 5 percent to more than $850 billion, according to data Mastercard released Wednesday, making 2018 the…
more ...Report: US Trade Team to Travel to China for Talks
A U.S. trade delegation will go to China the week of Jan. 7, Bloomberg reported Wednesday, citing two people familiar with the matter. It will be the first time the two…
more ...Wall Street Notches Best Day in 10 Years in Holiday Rebound
Wall Street notched its best day in 10 years as stocks rallied back Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow…
more ...Indian State to Return Unused Land to Farmers
Farmers in the Indian state of Chhattisgarh are getting back land that was taken from them more than a decade ago by the government because it was not used, a…
more ...Lobster Divers Risk Injury, Death in Honduras
Saul Ronaldo Atiliano was diving for lobster in the clear waters off Honduras’ Caribbean coast when he felt a pressure, a pain in his body. And he knew he’d gotten…
more ...Koreas Celebrate Joint Railway
North and South Korea held a groundbreaking ceremony Wednesday to mark the start of a joint project to connect railways throughout the divided peninsula. The event was held after both…
more ...Japan Announces IWC Withdrawal, Will Resume Commercial Whaling
Japan is withdrawing from the International Whaling Commission and will resume commercial whaling next year, a government spokesman said Wednesday, in a move expected to spark international criticism. “We have…
more ...Trump Praises Treasury Secretary Mnuchin But Hits Fed Again on Rate Rises
President Donald Trump on Tuesday expressed confidence in Treasury Secretary Steven Mnuchin amid worries over a weakening economy and a stock market slump, but repeated his criticism of the U.S.…
more ...Former Nissan Executive Released from Tokyo Jail
Former Nissan Motor Co. executive Greg Kelly was released from jail in Japan Tuesday after a Tokyo court rejected prosecutors’ request to continue to detain him. The Tokyo District Court…
more ...Zimbabwe Suspends, Refuses to Pay Striking Doctors
There is no holiday cheer for striking doctors in Zimbabwe this Christmas. The country’s health minister announced on Christmas eve that none of the strikers will receive their December salaries.…
more ...Japan Stocks Fall Below 20,000
Shares on Japan’s key stock exchange plummeted Tuesday, highlighting investor fears about political turmoil in Washington and this month’s massive losses on Wall Street. The Nikkei 225 Index lost 1,000…
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