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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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Pennsylvania governor bans new oil/gas leases on state land (Reuters) - Pennsylvania Governor Tom Wolf on Thursday signed an executive order reinstating a moratorium on new leases for oil and natural gas development in state parks and forests. The move restores the ban lifted by his predecessor, Tom Corbett, a Rep
Yahoo! News | 22 hours, 4 minutes ago | comment? | recommend
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Turkish lira hits new record low on rate cut expectations Turkey's currency the lira hit a new record low against dollar on Thursday amid expectations that the central bank may cut interest rates as early as next week. The lira hit a record low in value of 2.4184 to the dollar, worse than the previous recor
Yahoo! News | 22 hours, 32 minutes ago | comment? | recommend
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Economic powers warn Greece not to renege on reforms Economic powerhouses Germany and China warned Greece on Thursday against reneging on reforms tied to its massive international bailout, with markets still jittery over fears Athens could default on its debt. Germany, which has shouldered most of the multi
Yahoo! News | 22 hours, 56 minutes ago | comment? | recommend
Stock market opens higher; McDonald's stock surges NEW YORK (AP) The U.S. stock market is opening slightly higher as investors digest a mix of corporate and economic news.
Yahoo! News | 23 hours, 15 minutes ago | comment? | recommend
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Egyptian prosperity, not protests, could define Sisi rule By Maggie Fick CAIRO (Reuters) - A crackdown on protests in Egypt is not expected to provoke widespread unrest that threatens President Abdel Fattah al-Sisi's rule, as most Egyptians crave an end to years of political turmoil that have hammered their
Yahoo! News | 23 hours, 44 minutes ago | comment? | recommend
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Russian central bank seen holding rates for now despite economic slump: Reuters poll Russia's central bank will hold its main lending rate at 17 percent when it meets on Friday, even though the economy is likely to contract by 4.2 percent this year, a Reuters poll predicted on Thursday. An escalation of fighting in eastern Ukraine is
Yahoo! News | 23 hours, 45 minutes ago | comment? | recommend
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Exclusive: BOC Hong Kong considering sale of $6 billion bank unit - sources HONG KONG/SHANGHAI (Reuters) - Lender BOC Hong Kong Holdings Ltd is considering a sale of subsidiary Nanyang Commercial Bank (NCB) that could fetch about $6 billion, in a bid to stop cannibalizing the China business of its parent, people familiar with the
Yahoo! News | Jan 29, 2015 1:40 PM [GMT] | comment? | recommend
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Oil company shares rocked by plunging oil prices Shares in energy companies slid Thursday after they announced falling profits on tumbling oil prices, though European markets were mostly higher overall. London's FTSE 100 index, home to energy majors Royal Dutch Shell and BP, was down 0.17 percent t
Yahoo! News | Jan 29, 2015 1:04 PM [GMT] | comment? | recommend
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Ivory Coast targets Eurobond in February of at least $1 bln: PM ABIDJAN (Reuters) - Ivory Coast is aiming to issue a new Eurobond of at least $1 billion at the end of next month, the West African nation's Prime Minister Daniel Kablan Duncan said on Thursday. "The discussion are under way with our partners to
Yahoo! News | Jan 29, 2015 11:48 AM [GMT] | comment? | recommend
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Nigeria H5N1 bird flu spreads to four more states, total 11 An outbreak of H5N1 bird flu in Nigerian poultry farms has spread to four more states, raising the total of affected areas to 11, the agricultural and rural development minister said on Thursday. Africa's most populous country and biggest economy was
Yahoo! News | Jan 29, 2015 11:44 AM [GMT] | comment? | recommend