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World Bank Shareholders Back $13 billion Capital Increase

World Bank Shareholders Back $13 billion Capital Increase

The World Bank’s shareholders on Saturday endorsed a $13 billion paid-in capital increase that will boost China’s shareholding but bring...

Russia Considers Banning Facebook After Blocking Telegram

Russia Considers Banning Facebook After Blocking Telegram

Russia says it may block Facebook if the social media company does not put its Russian user database on servers...

EU, Mexico Reach New Free Trade Deal

EU, Mexico Reach New Free Trade Deal

The European Union and Mexico reached an agreement Saturday on a new free trade deal, a coup for both parties...

IMF Says Trade Tensions, Debt Load Threaten World Economy

IMF Says Trade Tensions, Debt Load Threaten World Economy

The International Monetary Fund’s policymaking committee said Saturday that a strong world economy was threatened by increasing tension over trade...

China: No Military Aim of Corridor Project With Pakistan

China: No Military Aim of Corridor Project With Pakistan

China has strongly refuted suggestions its multibillion-dollar economic corridor now under construction with Pakistan has “hidden” military designs as well....

Plastic: If It’s Not Keeping Food Fresh, Why Use It?

Plastic: If It’s Not Keeping Food Fresh, Why Use It?

The food industry uses plastic to wrap its products in many places around the world. Plastic manufacturers say that keeps...

France: EU Needs Full Exemption from US Tariffs

France: EU Needs Full Exemption from US Tariffs

The European Union needs to be exempted from steel and aluminum tariffs announced by the United States in order to...

DOJ: Did AT&T, Verizon Make it Hard to Switch?

DOJ: Did AT&T, Verizon Make it Hard to Switch?

The Justice Department has opened an antitrust investigation into whether AT&T, Verizon and a standards-setting group worked together to stop...

Wells Fargo to Pay $1B to Settle Customer Abuse Charges

Wells Fargo to Pay $1B to Settle Customer Abuse Charges

American banking giant Wells Fargo has agreed to pay federal regulators $1 billion to settle charges that it failed to...

Scientists Coax Plastic-Munching Enzyme to Eat Faster

Scientists Coax Plastic-Munching Enzyme to Eat Faster

Recently, the world was stunned to learn that an island of mostly plastic trash, floating in the Pacific Ocean, grew...

Reports: $1B Fine for Wells Fargo for Illegal Sales

Reports: $1B Fine for Wells Fargo for Illegal Sales

U.S. news reports say Wells Fargo will be fined as much as $1 billion for illegally selling customers car insurance...

US-China Trade Row Threatens Global Confidence: IMF’s Lagarde

US-China Trade Row Threatens Global Confidence: IMF’s Lagarde

The biggest danger from the U.S.-China trade dispute is the threat to global confidence and investment, International Monetary Fund Managing...

Unsold Aluminum Piling Up at Russian Sanctions-Hit Rusal Factory

Unsold Aluminum Piling Up at Russian Sanctions-Hit Rusal Factory

Russian aluminum giant Rusal is stockpiling large quantities of aluminum at one of its plants in Siberia because U.S. sanctions...

Russia Demands Compensation for US Tariffs on Aluminum, Steel

Russia Demands Compensation for US Tariffs on Aluminum, Steel

Russia demanded compensation from the U.S. for its worldwide tariffs on foreign aluminum and steel Thursday, becoming the third influential...

House Panel Cuts Food Stamps, Renews Farm Subsidies

House Panel Cuts Food Stamps, Renews Farm Subsidies

A bitterly divided House panel Wednesday approved new work and job training requirements for food stamps as part of a...