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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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Brazil's leader holds wide lead six months from election: survey Despite a mushrooming scandal at state-run oil company Petrobras and bad news on the economic front, Brazil's President Dilma Rousseff is still the hands-down favorite to win the elections in October, according to a new poll on Wednesday. The survey
Yahoo! News | Apr 16, 2014 11:30 PM [GMT] | comment? | recommend
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Detroit pension deal approved by one retirement system (Reuters) - The board of Detroit's General Retirement System on Wednesday approved economic terms of a settlement with the city that include cuts to pension benefits, putting in place another key component of Detroit's effort to exit bankruptcy
Yahoo! News | Apr 16, 2014 9:47 PM [GMT] | comment? | recommend
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Canadians bid farewell to Jim Flaherty, former finance minister By Cameron French TORONTO (Reuters) - Canada's political elite and hundreds of well-wishers paid final respects to former Finance Minister Jim Flaherty at a state funeral on Wednesday, with Prime Minister Stephen Harper depicting Flaherty as a man wh
Yahoo! News | Apr 16, 2014 9:24 PM [GMT] | comment? | recommend
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China's Xi purging corrupt officials to put own men in place: sources By Benjamin Kang Lim and Megha Rajagopalan BEIJING (Reuters) - Chinese President Xi Jinping plans to use a purge of senior officials suspected of corruption to put his own men and reform-minded bureaucrats into key positions across the Communist Party, th
Yahoo! News | Apr 16, 2014 9:06 PM [GMT] | comment? | recommend
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Rapper Jay Z brings 'Made in America' music fest to Los Angeles By Piya Sinha-Roy LOS ANGELES (Reuters) - Rapper Jay Z joined Los Angeles Mayor Eric Garcetti on Wednesday to announce that his music festival, "Budweiser Made in America," will be coming to downtown Los Angeles in August, giving the annual musi
Yahoo! News | Apr 16, 2014 8:18 PM [GMT] | comment? | recommend
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American Express profit rises 12 percent (Reuters) - American Express Co reported a 12 percent rise in quarterly profit as its credit-card customers spent more in a recovering U.S. economy. The world's biggest credit card issuer's net income rose to $1.43 billion, or $1.33 per share, f
Yahoo! News | Apr 16, 2014 8:13 PM [GMT] | comment? | recommend
World stocks up on hopes Chinese slowdown is mild LONDON (AP) World stock markets rose Wednesday after Chinese economic figures showed the slowdown in the first quarter was less severe than expected.
Yahoo! News | Apr 16, 2014 4:00 PM [GMT] | comment? | recommend
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South African stocks rise, big mining companies lead the way (Reuters) - South African stocks rose on Wednesday as mining shares such as BHP Billiton were lifted by positive production updates and data showing Chinese economic growth came in a touch above forecasts. Shares of BHP Billiton rose 1.14 percent to 338.5
Yahoo! News | Apr 16, 2014 3:57 PM [GMT] | comment? | recommend
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Brazil's Rousseff looks weak, but so do her election rivals By Brian Winter SAO PAULO (Reuters) - With Brazil's economy struggling, a scandal at its state-run oil company and nearly three-quarters of voters saying they want change from their government, President Dilma Rousseff looks vulnerable in her bid for
Yahoo! News | Apr 16, 2014 3:50 PM [GMT] | comment? | recommend
Mozambique central bank leaves lending rate unchanged at 8.25 pct JOHANNESBURG (Reuters) - Mozambique's central bank left its key lending rate unchanged at 8.25 percent on Wednesday, saying this was consistent with meeting domestic economic targets for this year. In a statement posted on its website the Bank of Mozambiq
Yahoo! News | Apr 16, 2014 3:28 PM [GMT] | comment? | recommend