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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

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Greece defaults on IMF payment despite last-minute overtures to creditors By Renee Maltezou and Robert-Jan Bartunek ATHENS (Reuters) - Greece's last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed economy to default on a loan wit
Yahoo! News | 12 hours, 56 minutes ago | comment? | recommend
Italian finance minister says euro ministers still open to Greek deal Italian Economy Minister Pier Carlo Padoan said on Wednesday that euro zone finance ministers were still open to reaching a debt deal with Greece. Last-minute overtures on Tuesday from Greece to its international creditors for financial aid were not enoug
Yahoo! News | 13 hours, 27 minutes ago | comment? | recommend
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China adopts new security law to make networks, systems 'controllable' By Michael Martina BEIJING (Reuters) - China's legislature adopted a sweeping national security law on Wednesday that covers everything from territorial sovereignty to measures to tighten cyber security, a move likely to rile foreign businesses. A co
Yahoo! News | 13 hours, 39 minutes ago | comment? | recommend
Osborne says UK hopes for best, preparing for worst over Greece LONDON (Reuters) - Chancellor George Osborne said on Wednesday that it was vital to resolve the current uncertainty over the Greek crisis and to ensure economic and financial stability across Europe, whatever the Greek people decide in a referendum.
Yahoo! News | 13 hours, 40 minutes ago | comment? | recommend
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Nigeria's Buhari may not appoint ministers until September By Felix Onuah ABUJA (Reuters) - Nigerian President Muhammadu Buhari may not name a cabinet until September as he takes time to find credible ministers and build a government untainted by the corruption of the past, a senior official and party sources sai
Yahoo! News | 13 hours, 45 minutes ago | comment? | recommend
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Airports Commission says Britain should build third Heathrow runway By Sarah Young LONDON (Reuters) - Britain should build a third runway at London's Heathrow Airport, a government-appointed commission into the country's airport capacity said in a report that could cause a political headache for Prime Minister D
Yahoo! News | 14 hours, 4 minutes ago | comment? | recommend
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South Africa's Eskom expected to seek bigger tariff rise next time By Mfuneko Toyana JOHANNESBURG (Reuters) - Cash-strapped power firm Eskom will seek an even bigger tariff increase next time around after South Africa's energy regulator rejected the utility's bid to raise prices in July, industry experts said o
Yahoo! News | 14 hours, 25 minutes ago | comment? | recommend
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Morocco's growth to slow to 2.6 pct in 2016 - agency Morocco's economic growth is expected to slow to 2.6 percent in 2016 from an estimated 4.3 percent this year, its planning agency said on Tuesday, as agricutural output falls from an exceptional 2015. Agriculture accounts for more than 15 percent of
Yahoo! News | 14 hours, 34 minutes ago | comment? | recommend
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Ivory Coast needs $20 billion in power investment Ivory Coast requires $20 billion in power investment over the next 15 years to meet soaring demand and reach its goal of becoming a regional hub, the oil and energy minister said on Tuesday. Ivory Coast, the world's top cocoa producer and French-spea
Yahoo! News | 14 hours, 36 minutes ago | comment? | recommend
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Year into Sisi's power, Egyptians lament persistent hardships By Yara Bayoumy CAIRO (Reuters) - After a year in power, Egyptian President Abdel Fattah al-Sisi's aura of invincibility may be fading as he comes under closer scrutiny from a public growing impatient with the same social inequalities that triggered
Yahoo! News | 16 hours ago | comment? | recommend