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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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TSX advances as U.S. data drives broad gains By John Tilak TORONTO (Reuters) - Canada's main stock index shot higher on Tuesday as strong U.S. economic growth data drove gains in most of its major sectors. U.S. growth was stronger than initially thought in the third quarter, data released on Tu
Yahoo! News | Nov 25, 2014 3:47 PM [GMT] | comment? | recommend
Stocks open higher following strong US growth NEW YORK (AP) U.S. stocks are opening higher after news that the U.S. economy grew at a solid 3.9 percent annual rate in the July-September quarter.
Yahoo! News | Nov 25, 2014 2:40 PM [GMT] | comment? | recommend
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US urges India to toughen patent laws to draw investors A top US trade envoy urged India on Tuesday to strengthen its drug and other intellectual property laws, saying such a move is needed to draw vital investment to spur a sputtering economy.
Yahoo! News | Nov 25, 2014 2:14 PM [GMT] | comment? | recommend
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Tanzania to double cement output in coming years: official DAR ES SALAAM (Reuters) - Tanzania expects to double its cement production in the next few years as new factories come on-stream to satisfy growing demand from the construction sector, a senior government official said on Tuesday. Cement consumption is vi
Yahoo! News | Nov 25, 2014 2:03 PM [GMT] | comment? | recommend
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South Africa's Eskom says needs more funding, H1 profit falls JOHANNESBURG (Reuters) - South Africa's power utility Eskom said on Tuesday it needs a substantial cash injection to ease liquidity pressure and to avoid another credit downgrade as it struggles to keep the lights on in Africa's most advanced ec
Yahoo! News | Nov 25, 2014 12:27 PM [GMT] | comment? | recommend
OECD calls for more EU stimulus, relaxed rules PARIS (AP) A major international organization is calling on Europe to relax its fiscal rules and for governments to spend more money, saying Europe's sluggishness is dragging down the global economy.
Yahoo! News | Nov 25, 2014 11:21 AM [GMT] | comment? | recommend
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South Africa Q4 business confidence rises to 51 points -RMB/BER JOHANNESBURG (Reuters) - South Africa's quarterly business confidence index rose further in the fourth quarter of 2014, climbing back into positive territory for the first time since early last year to reflect an improvement in the economy, a survey
Yahoo! News | Nov 25, 2014 10:31 AM [GMT] | comment? | recommend
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South Africa's economy grows 1.4 percent quarter-on-quarter in Q3 PRETORIA (Reuters) - South Africa's GDP grew by an annualised 1.4 percent quarter-on-quarter in the third quarter of 2014, from a revised 0.5 percent in the second, Statistics South Africa said on Tuesday. Africa's most advanced economy expanded
Yahoo! News | Nov 25, 2014 10:23 AM [GMT] | comment? | recommend
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Carlyle to buy tyre firm stake in maiden South Africa deal: source JOHANNESBURG (Reuters) - U.S. private equity firm Carlyle Group LP has agreed to acquire a stake in South African tyre dealer Tiger Wheel & Tyre, according to a person familiar with matter, marking its first deal in Africa's most developed econom
Yahoo! News | Nov 25, 2014 10:09 AM [GMT] | comment? | recommend
Asia stocks fall as China rate cut effect fades SEOUL, South Korea (AP) Asian stocks mostly fell Tuesday as the boost from China's surprise interest rate cuts faded and investors awaited U.S. economic data and an OPEC meeting.
Yahoo! News | Nov 25, 2014 08:09 AM [GMT] | comment? | recommend