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Economy News

RSS feedDisplaying articles 21 - 30 of most recent articles

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Oil dives on poor China factory data World oil prices tumbled Tuesday as poor manufacturing data in China, the world's largest energy consumer, hammered the outlook for demand and shook market confidence. In London, Brent North Sea crude for October closed at $49.56 a barrel, down $4.59
Yahoo! News | 19 hours, 54 minutes ago | comment? | recommend
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US to seek demand growth, press China for clarity at G20 The US will press fellow G20 economies this week to act to boost world growth, and urge China to better communicate its policies, a senior Treasury official said Tuesday. The official said Treasury Secretary Jacob Lew's focus will be on measures coun
Yahoo! News | 20 hours, 40 minutes ago | comment? | recommend
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Canada auto sales mixed in August TORONTO (Reuters) - General Motors Co's Canadian sales jumped 12 percent in August, as Fiat Chrysler Automobiles NV's sales edged up 0.4 percent, and Ford Motor Co sales fell, the companies said on Tuesday. The mixed performance came as new data
Yahoo! News | 21 hours, 36 minutes ago | comment? | recommend
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French watchdog to probe ex-Alcatel-Lucent chief's 14mn-euro payout France's markets watchdog said Tuesday it would examine a deal that could see the former head of telecoms equipment maker Alcatel-Lucent receive around 14 million euros ($15.7 million) as part of its buyout by Finland's Nokia. The AMF watchdog w
Yahoo! News | 21 hours, 45 minutes ago | comment? | recommend
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Italy sees boost in growth, drop in joblessness Italy enjoyed a boost to its economy in the second quarter as well as a welcome drop in the unemployment rate, official data showed Tuesday, sparking hope that the years of recession may finally be over. The first quarter growth rate was revised higher fr
Yahoo! News | 23 hours, 18 minutes ago | comment? | recommend
Industry complains to EU over French law pushing cheap eye drug (Reuters) - Europe's pharmaceuticals industry said on Tuesday it had filed a complaint with the European Commission against a French law promoting the use of Roche's cancer drug Avastin as a cheap eye treatment. The move is the latest salvo in a lengthy b
Yahoo! News | 23 hours, 34 minutes ago | comment? | recommend
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Australia, New Zealand defend climate plans, say face high costs By Alister Doyle BONN, Germany (Reuters) - Australia and New Zealand said on Tuesday they faced unusually high costs to cut greenhouse gas emissions because of their respective dependence on coal and livestock, after criticism that they are doing too litt
Yahoo! News | 23 hours, 41 minutes ago | comment? | recommend
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European stocks sink on worries over Chinese economy London (AFP) - Europe's main stock markets sank on Tuesday after weaker manufacturing data increased concerns about the Chinese economy.
Yahoo! News | Sep 1, 2015 3:49 PM [GMT] | comment? | recommend
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Asked about recession, Canada PM says June data shows rebound Prime Minister Stephen Harper, speaking in the wake of data confirming Canada slid into recession in the first half of the year, said healthy growth in June showed the economy was back on track. Harper, campaigning ahead of an Oct. 19 election, said Canad
Yahoo! News | Sep 1, 2015 3:48 PM [GMT] | comment? | recommend
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TSX takes hit as China data sows more volatility By Solarina Ho TORONTO (Reuters) - Canada's main stock index fell more than 2 percent on Tuesday as the latest disappointing economic data from China spurred another round of selling in global markets and sent commodity prices lower. Ongoing worries
Yahoo! News | Sep 1, 2015 3:38 PM [GMT] | comment? | recommend