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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

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Brexit could cost each Briton 45,000 pounds in lost wealth - JPMorgan A vote to leave the European Union in a June 23 referendum could cost each Briton around 45,000 pounds, or around half the value of the United Kingdom's housing stock, JPMorgan Chase & Co said in a research report. Some financiers say a British e
Yahoo! News | Apr 29, 2016 11:46 AM [GMT] | comment? | recommend
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Stock markets retreat on global growth worries Hong Kong (AFP) - European and Asian stock markets slid Friday on reinforced concerns about the global growth outlook after data showed the US economy has expanded at its slowest pace for two years.
Yahoo! News | Apr 29, 2016 11:06 AM [GMT] | comment? | recommend
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Chinese cities dive back into debt to fuel growth even as defaults rise By Nathaniel Taplin SHANGHAI (Reuters) - With a nod from Beijing, China's local governments have embarked on a massive new round of off-balance sheet debt financing, underpinning a fragile pick up in the economy but raising red flags on financial sta
Yahoo! News | Apr 29, 2016 10:57 AM [GMT] | comment? | recommend
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Protest-hit France sees better-than-expected growth France posted Friday an acceleration in economic growth at the start of 2016, a rare dose of good news for President Francois Hollande as he confronts fierce opposition to planned job market reforms just a year ahead of elections. Hollande's hopes fo
Yahoo! News | Apr 29, 2016 10:00 AM [GMT] | comment? | recommend
Comcast Buys DreamWorks Animation For $3.8 Billion In Race Against Disney Cable industry analyst Craig Moffett says this move puts Comcast in closer competition with Disney not necessarily on the big screen, but on television and among other comcast-owned franchises.
NPR.org | Apr 29, 2016 09:30 AM [GMT] | comment? | recommend
To Lure Patients, Pennsylvania Hospital Refunds Unhappy Customers As patients increasingly have more choice in hospitals, hospitals look to stand out. Geisinger Health is taking cue from retail and refunding unsatisfied customers. Experts say that's smart business.
NPR.org | Apr 29, 2016 09:30 AM [GMT] | comment? | recommend
Economists Say Trade Is Good, As Long Resources Are Refocused On Workers As opposed to renegotiating trade deals, some economists argue a better approach would be to support those who've lost jobs. The U.S. has underfunded employment programs, compared to other economies.
NPR.org | Apr 29, 2016 09:30 AM [GMT] | comment? | recommend
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Tunisia's central bank holds key rate unchanged at 4.25 percent TUNIS (Reuters) - Tunisia's central bank kept its key interest rate unchanged at 4.25 percent, the spokesman of bank said on Friday. The bank last cut its main interest rate in October, from 4.75 percent, in a bid to boost economic growth as inflatio
Yahoo! News | Apr 29, 2016 08:49 AM [GMT] | comment? | recommend
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Mozambique boosts security in capital over demonstration fears Mozambican security forces deployed on the streets of the capital Maputo on Thursday after rumours of planned anti-government demonstrations circulated on social media, witnesses said. Several anonymous messages spread via SMS and Whatsapp said groups wer
Yahoo! News | Apr 29, 2016 07:49 AM [GMT] | comment? | recommend
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PetroChina posts first quarterly loss since listing PetroChina shares plunged on Friday, after the Chinese energy giant posted its first quarterly loss since listing overseas 16 years ago, as it struggled with the weak domestic economy and lower international oil prices. PetroChina lost 13.79 billion yuan
Yahoo! News | Apr 29, 2016 07:41 AM [GMT] | comment? | recommend