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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

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Tourism boom drives Japan to convert offices into hotels By Junko Fujita TOKYO (Reuters) - Record tourists to Japan are stretching the ability of hotels to accommodate them in a sector constrained by high costs, forcing developers to think out of the box for means to quickly increase lodging options without bre
Yahoo! News | 18 hours, 3 minutes ago | comment? | recommend
Accused Russian spy loses bid to have U.S. charges dismissed A Russian citizen accused by U.S. authorities of posing as a banker in New York in order to spy for his government lost a bid to have the case against him dismissed on Wednesday. U.S. District Judge Richard Berman in Manhattan rejected Evgeny Buryakov's r
Yahoo! News | 20 hours, 21 minutes ago | comment? | recommend
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Telecom Italia inks content deal with Netflix Telecom Italia will offer TV series and movies from Netflix to its clients after a deal the Italian phone group said would help spur demand for faster Internet in the euro zone's No. 3 economy. Telecom Italia is boosting investments to build modern f
Yahoo! News | 20 hours, 24 minutes ago | comment? | recommend
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Fed holds steady on rates, seeks further economic gains WASHINGTON (AP) The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so.
Yahoo! News | 21 hours, 3 minutes ago | comment? | recommend
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Hillary Clinton to call for lifting Cuban embargo (Reuters) - Democratic presidential candidate Hillary Clinton this week will call on U.S. lawmakers to lift the long-standing economic embargo against Cuba, her campaign announced on Wednesday. The former U.S. secretary of state will say on Friday during
Yahoo! News | 21 hours, 5 minutes ago | comment? | recommend
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Federal Reserve holds key US rate unchanged The Federal Reserve kept its benchmark federal funds interest rate unchanged at near-zero percent as expected Wednesday, providing no fresh hints on when a long-awaited rate rise might come. The Federal Open Market Committee said the US economy had expand
Yahoo! News | 21 hours, 9 minutes ago | comment? | recommend
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Latin American economic growth just 0.5 % this year: UN The economy of Latin America and the Caribbean will grow just 0.5 percent this year, half the previous forecast and the lowest level in six years, the United Nations said Wednesday. This is due mainly to major economic contractions expected in Brazil and
Yahoo! News | 23 hours, 30 minutes ago | comment? | recommend
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Austria's OMV gives up Croatia Adriatic oil, gas exploration Austrian oil and gas firm OMV said Wednesday it has given up its licences to explore for oil and gas in Croatia's Adriatic, where border disputes risked complicating pursuit of the project. "A consortium formed of (Houston-based) Marathon Oil an
Yahoo! News | 23 hours, 55 minutes ago | comment? | recommend
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TSX jumps as investors cheer oil data; Fed in spotlight By Solarina Ho TORONTO (Reuters) - Canada's main stock index rose on Wednesday, after briefly turning negative, as financial and energy stocks helped guide the market higher and markets cheered forecast-beating crude inventory data out of the United
Yahoo! News | Jul 29, 2015 4:04 PM [GMT] | comment? | recommend
Hay for cheese? Barter booms in cash-squeezed rural Greece Wild boar and power cuts were Greek cotton farmer Mimis Tsakanikas' biggest worries until a bank shutdown last month left him stranded without cash to pay suppliers, and his customers without money to pay him. Squeezed on all sides, the 41-year-old farmer
Yahoo! News | Jul 29, 2015 3:31 PM [GMT] | comment? | recommend