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economy and business news

US Treasury Says 9 Trade Partners Deserve Scrutiny Over Currency Practices

US Treasury Says 9 Trade Partners Deserve Scrutiny Over Currency Practices

The Trump administration said on Tuesday that no major trading partner met its currency manipulation criteria but nine countries, including...

Desperate Zimbabweans Risk Lives in Abandoned Mines

Desperate Zimbabweans Risk Lives in Abandoned Mines

Officials in Zimbabwe say the bodies of eight illegal miners have been retrieved from an abandoned gold mine about 50...

Desperate Zimbabweans Risk Death in Disused, Unlicensed Mines

Desperate Zimbabweans Risk Death in Disused, Unlicensed Mines

Zimbabwe’s disused mines continue to be a death trap for poor and desperate illegal miners in search of the precious...

Fiat Chrysler Proposes Merger With Renault

Fiat Chrysler Proposes Merger With Renault

Fiat Chrysler proposed a merger Monday with Renault, a union that would create the world’s third biggest automaker. The merger,...

Ghana Just Scratching Surface of Illegal Gold Mining

Ghana Just Scratching Surface of Illegal Gold Mining

Only the chirping of birds and insects break the silence at a gold mining site in the Eastern Region of...

Trump ‘Honored’ to Provide US Farmers with $16 Billion in Aid 

Trump ‘Honored’ to Provide US Farmers with $16 Billion in Aid 

President Donald Trump says he is “honored” to give U.S. farmers hurt by the trade war with China another $16...

Canada, Europe to Choose When 737 MAX Is Safe as Regulators Meet

Canada, Europe to Choose When 737 MAX Is Safe as Regulators Meet

In a potential challenge to U.S.-led efforts to build consensus on the Boeing Co 737 MAX flying again, Canada and...

Britain’s May Faces Calls to Resign After Revised Brexit Plan Unveiled

Britain’s May Faces Calls to Resign After Revised Brexit Plan Unveiled

British lawmakers are denouncing Prime Minister Theresa May’s latest proposal to withdraw from the European Union (EU) amid growing demands...

Jamie Oliver’s British Restaurant Chain Collapses

Jamie Oliver’s British Restaurant Chain Collapses

Celebrity chef Jamie Oliver’s restaurant chain in Britain has filed for bankruptcy protection, closing 22 of its 25 eateries and...

US Shoe Industry Protests Possible Tariffs on Chinese Imports

US Shoe Industry Protests Possible Tariffs on Chinese Imports

More than 170 American shoe manufacturers and retailers, including such well-known athletic shoe brands as Nike, Under Armour and Adidas,...

Portugal’s Economy Rebounds, Though Problems Persist

Portugal’s Economy Rebounds, Though Problems Persist

The Portuguese economy is resisting the prevailing gloom in Europe. Activity remained strong, with GDP rising by 0.5% in the first...

Bloomberg: US May Pay $2 Per Bushel for Soybeans to Help Farmers

Bloomberg: US May Pay $2 Per Bushel for Soybeans to Help Farmers

The Trump administration is considering payments of $2 per bushel for soybeans, 63 cents per bushel for wheat and 4...