Stories about Economy

Feb 13 2019

Canadian minister quits as political crisis deepens for Trudeau

Because if anyone, particularly the attorney general, felt that we were not doing our job fully, responsibly and according to all the rules, as a government, it was her r...

Feb 13 2019

Mitch McConnell to Force Green New Deal Vote to 'Rattle' Democrats

Several of trump's claims about the consequences of the Green New Deal are wrong. Senate Majority Leader Mitch McConnell (R-Ky.) listens during a news conference fo...

Feb 12 2019

Brexit: Theresa May responds to Jeremy Corbyn's letter

With less than 50 days to go to Brexit day on March 29, British firms still have no idea what the country's new trading relationship with the European Union will look lik...

Feb 10 2019

Huawei says it could take 5 years to resolve hardware issues

He emphasized that "we are always willing to accept the supervision and suggestions of all European governments, customers, and partners". A Huawei spokesman said: "We ...

Feb 08 2019

USA oil prices dip on rising crude inventories, record output

An economic slowdown in the Euro Zone is now a concerns after German industrial output unexpectedly fell in December for the fourth consecutive month. The price of United...

Feb 04 2019

A robust job gain in January shows US economy's durability

The average hourly earnings also increased by 3.2 percent year-on-year. Meanwhile, the US added approximately 304,000 jobs, particularly in the leisure and hospitality, t...

Feb 03 2019

No-deal Brexit is 'biggest threat' to Northern Ireland

The backstop acts as a kind of insurance policy to ensure there is no hard border between Northern Ireland (part of the UK) and the Republic of Ireland (an EU member ...

Feb 02 2019

USA dollar falls amid rising euro, Fed's dovish stance on rate hikes

Her we will explain the most important of those economic events and how they might affect the US Dollar . The Fed said it would pause its 3-year interest rate rise c...

Feb 01 2019

Here’s What Modi Govt Said on Unemployment Data Row

When the data is ready we will release it. Data collection method is different now; we are using a computer assisted personal interviewee in the new survey . "We have ...

Feb 01 2019

China trade talks 'going well'

Citing Trump's flurry of statements over the course of Thursday that negotiations were going well and that he was open to visiting Xi for another round of talks, Bril...

Jan 30 2019

Venezuela prosecutor moves to place travel ban on Guaido

Venezuela is very reliant on the U.S. for its oil revenue, sending 41 percent of its oil exports to the U.S. Maduro could however divert the roughly 500,000 barrels per ...

Jan 29 2019

USA charges Huawei with fraud for violating Iran sanctions

Watch live in the player above. Meng, Huawei's CFO, is charged with bank fraud, wire fraud and conspiracies to commit bank and wire fraud. Huawei allegedly wanted...

Jan 28 2019

Oil edges down as USA supplies, economic worries eclipse Venezuela turmoil

West Texas Intermediate crude for March delivery gained 51 cents, or 1 percent, to $53.64 a barrel on the New York Mercantile Exchange as of 12:25 p.m. Beyond oil supply,...

Jan 27 2019

Oil up on Venezuela turmoil despite surging United States supply

However, while Canadian producers should benefit from rising prices for heavy crude, they are not in a strong position to replace any declines in Venezuelan imports to th...

Jan 27 2019

Huawei network "pause" - Vodacom responds

However, Vodafone's chief executive Nick Read argued that the debate over the company was being carried out at a "too simplistic level" and highlighted the firm's importa...

Jan 26 2019

China Has Blocked Microsoft’s Bing Search Engine

The search engine world in China raised particular challenges for US-based tech giants, with Google itself leaving the country back in 2010. The Financial Times repor...

Jan 26 2019

Flights halted into NY airport

He said safety is being maintained during a period of "minimal impacts" on travel. Update , 3:00 pm ET: On Friday afternoon, U.S. President Donald Trump announced an...

Jan 23 2019

China Posts Lowest Economic Growth in 28 Years

Shares rose in Shanghai and Hong Kong on Monday, Jan. 21, 2019, as China reported that its growth fell to a three-decade low of 6.6 percent in 2018. "We think that stab...

Jan 21 2019

Trump proposes deal on immigration, Pelosi calls shutdown offer a "non-starter"

The partial government shutdown - a disruptive political weapon nearly unique to the American system - began on December 22 and is now the longest ever. But he also repea...

Jan 18 2019

USA investigating whether Huawei stole trade secrets

The latest allegation could deepen the trade rift between China and the USA and put more pressure on Huawei, which is at the centre of suspicions that its equipment all...