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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

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TSX lifted by U.S. data; Cenovus Energy climbs By Leah Schnurr TORONTO (Reuters) - Canada's main stock index rose on Wednesday, helped by data that showed the U.S. economy grew more than expected in the second quarter, while shares of Cenovus Energy gained after its profit more than tripled. Ceno
Yahoo! News | 8 hours, 32 minutes ago | comment? | recommend
Revised data: US grew faster in 2nd half of 2013 WASHINGTON (AP) Fueled by healthier consumer spending, the U.S. economy grew in the second half of last year at the strongest pace in a decade and more than previously estimated, new government data show.
Yahoo! News | 8 hours, 34 minutes ago | comment? | recommend
German central bank chief: higher wages justified BERLIN (AP) The head of Germany's central bank says higher wages would be justified in the country as the economy flourishes and inflation sags, and is putting the potential for raises at 3 percent.
Yahoo! News | 9 hours, 1 minute ago | comment? | recommend
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US GDP growth rebounds to 4.0% in 2nd quarter The US economy rebounded in the second quarter, growing at a peppy 4.0 percent pace after the first quarter's sharp contraction, the Commerce Department said Wednesday. The initial estimate of second-quarter 2014 growth was far better than most analy
Yahoo! News | 9 hours, 27 minutes ago | comment? | recommend
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Moscovici says confident will have important economic role in EU Commission By Ingrid Melander and Emmanuel Jarry PARIS (Reuters) - France's candidate for the European Commission Pierre Moscovici is convinced he will have an important economic portfolio, he told Reuters on Wednesday, rebuffing German concerns that France lac
Yahoo! News | 10 hours, 28 minutes ago | comment? | recommend
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South Africa's Bapo community to become shareholder in Lonmin By Silvia Antonioli LONDON (Reuters) - South Africa's Lonmin has agreed to make a royalty payment in cash and shares to the Bapo community, which will make it a shareholder in Lonmin and will allow the firm to meet South Africa's requirement on
Yahoo! News | 11 hours, 26 minutes ago | comment? | recommend
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Ukraine economy shrinks further in second quarter Ukraine's economy, already in deep recession, shrank even further in the second quarter as the country remained mired in crisis, official figures showed Wednesday. Gross domestic product contracted 2.3 percent after shrinking 2.0 percent in the first
Yahoo! News | 11 hours, 45 minutes ago | comment? | recommend
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Spain accelerates away from crisis as economy grows 0.6% The Spanish economy pulled away from crisis in the second quarter with growth of 0.6 percent, official data showed on Wednesday, adding to evidence that reforms and austerity are putting the country back on its feet. The figures came the day after the gov
Yahoo! News | 12 hours, 38 minutes ago | comment? | recommend
New York Skyscraper's Separate 'Poor Door' Sparks Outrage A developer got tax breaks for creating affordable units in its luxury high-rise, but those tenants will have to use a separate entrance. Officials vow to review zoning laws that allowed the design. | 14 hours, 18 minutes ago | comment? | recommend
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South African rand flat but economic data expected to weigh The South African rand was broadly flat against the dollar on Wednesday with investors bracing themselves for the release of indicators expected to show more weakness in the domestic economy. "Yesterdays data releases continue to paint a grim picture
Yahoo! News | 16 hours, 3 minutes ago | comment? | recommend