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Economy News

RSS feedDisplaying articles 31 - 40 of most recent articles

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EU warns Greek deal delay will harm economy The warning by Pierre Moscovici, European Commissioner for economic affairs, came a day after Brussels rejected an appeal by Greek Prime Minister Alexis Tsipras for an emergency summit on the issue. "We should conclude this review as soon as possible
Yahoo! News | Apr 28, 2016 5:57 PM [GMT] | comment? | recommend
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Fragile economy forces Iran's top leaders to form alliance By Parisa Hafezi ANKARA (Reuters) - President Hassan Rouhani and Supreme Leader Ayatollah Ali Khamenei may have sharply ideological differences but the fragility of Iran's economy has forced them into an uneasy alliance at least for the time being. I
Yahoo! News | Apr 28, 2016 5:37 PM [GMT] | comment? | recommend
South Asia clothing industry can employ millions more women, boost growth: World Bank By Rina Chandran MUMBAI (Thomson Reuters Foundation) - South Asia's clothing and textiles industry can create millions of jobs for the region's working-age women, boosting economic growth and helping improve children's health and education, a World Bank r
Yahoo! News | Apr 28, 2016 5:03 PM [GMT] | comment? | recommend
South Africa's rand races to firmest in a week, stocks inch up South Africa's rand resumed a recent rally on Thursday, racing to a one-week high as emerging currencies lapped up the return of risk appetite after a string of disappointing data releases from the United States. Government bonds were also firmer, wi
Yahoo! News | Apr 28, 2016 4:57 PM [GMT] | comment? | recommend
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Mahindra to build India's first automobile shredding plant By Aditi Shah NEW DELHI (Reuters) - A unit of autos-to-technology group Mahindra intends to set up a network of automobile shredding plants, an executive told Reuters on Thursday after announcing plans to build India's first such facility with a stat
Yahoo! News | Apr 28, 2016 4:27 PM [GMT] | comment? | recommend
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S&P sees South Africa's banks up against growing credit risks South Africa's banks will find it tougher to turn a profit as the economy remains feeble for the next few years and credit risks rise, credit ratings agency Standard & Poor's said on Thursday. Consumers, squeezed by rising interest rates, un
Yahoo! News | Apr 28, 2016 4:09 PM [GMT] | comment? | recommend
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Big deals and gains for tech stocks lead US indexes higher NEW YORK (AP) U.S. stocks are mostly higher Thursday morning as a handful of companies jump on deal news. Facebook and PayPal are leading technology stocks higher after they announced strong first-quarter results. The U.S. government said the economy slow
Yahoo! News | Apr 28, 2016 3:40 PM [GMT] | comment? | recommend
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US economic growth just 0.5% in first quarter The US economy grew at a slower-than-expected rate of just 0.5 percent in the first quarter hampered by sluggish consumer spending, the Commerce Department said Thursday. It was the weakest growth since the first quarter of 2014, and followed a modest 1.4
Yahoo! News | Apr 28, 2016 1:18 PM [GMT] | comment? | recommend
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Applications for US jobless aid rise from 4-decade low WASHINGTON (AP) The number of people seeking U.S. unemployment benefits climbed last week, but remained near the lowest level in four decades, a sign that the slumping economy isn't boosting layoffs.
Yahoo! News | Apr 28, 2016 1:04 PM [GMT] | comment? | recommend
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Don't pressure Britain before EU vote, German foreign minister warns German Foreign Minister Frank-Walter Steinmeier cautioned on Thursday against piling pressure on Britain in the run-up to the country's referendum on European Union membership in June. "I don't think we'd be well advised to issue threa
Yahoo! News | Apr 28, 2016 11:36 AM [GMT] | comment? | recommend