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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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Americans, Chinese look to UK for travel bargains after Brexit vote By Melissa Fares and Jing Wang NEW YORK/SHANGHAI (Reuters) - U.S. and Chinese online travel sites have reported a jump in queries about UK holidays since Britain voted to leave the European Union last week, a sign that "Brexit" and the resulting
Yahoo! News | Jun 28, 2016 09:38 AM [GMT] | comment? | recommend
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Spain's economy grew estimated 0.7 pct in second quarter MADRID (AP) Spain's central bank estimates the economy grew by 0.7 percent in the second quarter compared with the previous three months, down from 0.8 percent in the first quarter.
Yahoo! News | Jun 28, 2016 09:34 AM [GMT] | comment? | recommend
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RBS CEO tells staff Brexit will cause period of economic uncertainty Royal Bank of Scotland Chief Executive Officer Ross McEwan has warned staff that Britain's decision to leave the European Union has caused a range of economic uncertainties "in the short, medium and long term", a memo seen by Reuters showed
Yahoo! News | Jun 28, 2016 09:21 AM [GMT] | comment? | recommend
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Zimbabwe loses half its daily power supply after technical hitch Zimbabwe lost half of its daily power supply on Tuesday after a technical hitch, the state power company said, disrupting business in an economy struggling to overcome a commodities downturn and severe drought. The power firm said a total of 800 megawatts
Yahoo! News | Jun 28, 2016 08:47 AM [GMT] | comment? | recommend
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Japan eyes help for small business in stimulus plan after Brexit Japan is likely to include assistance for small businesses in an economic stimulus package it will compile after Britain's shock vote to leave the European Union, Economy Minister Nobuteru Ishihara said on Tuesday. Japanese policymakers also said fin
Yahoo! News | Jun 28, 2016 08:46 AM [GMT] | comment? | recommend
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Osborne says taxes will rise, spending will be cut after Brexit LONDON (Reuters) - Chancellor George Osborne said on Tuesday that Britain would have to raise taxes and cut spending to deal with the economic challenge posed after Britons voted to leave the European Union. "We are absolutely going to have to provid
Yahoo! News | Jun 28, 2016 08:04 AM [GMT] | comment? | recommend
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Osborne says crucial to provide fiscal stability LONDON (Reuters) - Chancellor George Osborne said it was key that Britain provided fiscal stability in the wake of the decision to exit the European Union which has seen sterling plunge and markets tumble. "We are in a prolonged period of economic ad
Yahoo! News | Jun 28, 2016 08:04 AM [GMT] | comment? | recommend
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Oil prices up in Asia but traders on edge over Brexit crisis Oil prices rebounded in Asia on Tuesday on bargain hunting but tremors from Britain's shock vote last week to leave the European Union continue to dampen buying sentiment. The pick-up in the black gold came in line with a recovery in Asian stock mark
Yahoo! News | Jun 28, 2016 07:01 AM [GMT] | comment? | recommend
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Nigeria's Buhari questions benefit of currency float amid weakened naira By Felix Onuah ABUJA (Reuters) - Nigeria's President Muhammadu Buhari on Monday told a gathering of business leaders that he did not see the benefit of the naira's currency peg against the U.S. dollar being removed. Nigeria's central bank a
Yahoo! News | Jun 28, 2016 06:59 AM [GMT] | comment? | recommend
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South Korea unveils $17 bn stimulus, cuts growth forecast South Korea on Tuesday announced an economic stimulus package of 20 trillion won ($17 billion) as it cut its 2016 growth forecast due to slowing global demand and the fallout from Britain's shock decision to leave the EU. The finance ministry revised
Yahoo! News | Jun 28, 2016 04:35 AM [GMT] | comment? | recommend