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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

Bank executive among finalists to be Brazil finance minister SAO PAULO/BRASILIA (Reuters) - Respected Brazilian banking executive Joaquim Levy is among three finalists to become the country's next finance minister, and President Dilma Rousseff could announce her pick later on Friday, a government official said. Inv
Yahoo! News | Nov 21, 2014 3:28 PM [GMT] | comment? | recommend
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Putin's high approval ratings not real: protest group By Liisa Tuhkanen LONDON (Reuters) - President Vladimir Putin may not be as popular as opinion polls suggest in Russia because the public has only limited access to information and the media is tightly controlled, members of the feminist punk protest band
Yahoo! News | Nov 21, 2014 3:18 PM [GMT] | comment? | recommend
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Nigeria must adjust to 'permanent' oil price shock: Finance Minister By Karin Strohecker LONDON (Reuters) - Nigeria will have to adjust to oil prices heading lower for some time to come, Finance Minister Ngozi Okonjo-Iweala said on Thursday in an interview in which she also cut the outlook for economic growth next year. Af
Yahoo! News | Nov 21, 2014 1:40 PM [GMT] | comment? | recommend
China's central bank cuts rates as economy slows BEIJING (AP) China's central bank cut interest rates Friday and promised to inject extra credit into the financial system if needed amid a deepening slowdown in the world's No. 2 economy.
Yahoo! News | Nov 21, 2014 12:04 PM [GMT] | comment? | recommend
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Greek budget forecasts stronger growth next year ATHENS, Greece (AP) Greece's government has submitted its 2015 budget to Parliament, predicting the economy will emerge from recession with growth of 2.9 percent next year.
Yahoo! News | Nov 21, 2014 11:48 AM [GMT] | comment? | recommend
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Russian FM rejects intervention in oil production MOSCOW (AP) Russia's foreign minister says there should be no intervention in global energy production, even as the country's economy takes a hit from rapidly falling oil prices.
Yahoo! News | Nov 21, 2014 11:39 AM [GMT] | comment? | recommend
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Sri Lankan health minister quits, says to run for president COLOMBO (Reuters) - Sri Lankan Health Minister Mithripala Sirisena resigned on Friday and said he would run as an opposition candidate against President Mahinda Rajapaksa in a snap election in January. The challenge from within his own ranks will be a blo
Yahoo! News | Nov 21, 2014 11:29 AM [GMT] | comment? | recommend
China rules out strong economic stimulus after rate cut BEIJING (Reuters) - China's economy is still growing at a reasonable speed and there is no need to use any aggressive measures to stimulate growth, the Chinese central bank said on Friday after cutting interest rates for the first time in more than two ye
Yahoo! News | Nov 21, 2014 11:27 AM [GMT] | comment? | recommend
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ECB head willing to step up stimulus FRANKFURT, Germany (AP) European Central Bank head Mario Draghi says the eurozone's chief monetary authority is willing to "step up the pressure" and increase its efforts to stimulate the struggling economy.
Yahoo! News | Nov 21, 2014 11:22 AM [GMT] | comment? | recommend
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Concerns about state of global economy have increased - Osborne By Kylie MacLellan LONDON (Reuters) - Stagnation in the euro zone, recession in Japan and geopolitical crises have increased concerns about the state of the global economy, British finance minister George Osborne said on Friday. Osborne said economic perf
Yahoo! News | Nov 21, 2014 10:48 AM [GMT] | comment? | recommend