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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

Fall In Shipping Commodities Threatens Commercial Railroad Industry After decades of growth, some railroads are cutting staff because some of the most lucrative businesses for railroads shipping commodities such as coal, crude oil and ore have fallen off steeply. | Sep 2, 2015 8:39 PM [GMT] | comment? | recommend
Merkel's conservatives want to limit incentives for refugees: paper German Chancellor Angela Merkel's conservatives want to limit the financial incentives for refugees coming to the country as their numbers soar, a paper showed on Wednesday, underlining the strain the crisis is putting on Europe's largest economy. With re
Yahoo! News | Sep 2, 2015 7:34 PM [GMT] | comment? | recommend
Fed report finds economy growing at moderate pace in summer WASHINGTON (AP) While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.
Yahoo! News | Sep 2, 2015 7:23 PM [GMT] | comment? | recommend
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Venezuela announces $5-bn Chinese loan for oil sector Venezuelan President Nicolas Maduro announced China has granted his government a $5-billion loan to boost oil output in the recession-hit OPEC state. "We have signed a special program for a $5-billion loan to progressively increase oil production in
Yahoo! News | Sep 2, 2015 6:42 PM [GMT] | comment? | recommend
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Nearly half of hotel rooms in North Dakota oil capital sit empty By Ernest Scheyder WILLISTON, N.D. (Reuters) - Nearly half of the hotel rooms in the epicenter of North Dakota's energy boom have been sitting empty this year, yet another sign that plunging oil prices have cooled the economy of the second-largest cr
Yahoo! News | Sep 2, 2015 6:00 PM [GMT] | comment? | recommend
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German new car sales up in August New car registrations in Germany, a key measure of demand in one of the most important sectors of Europe's top economy, rose in August, data showed on Wednesday. A total of 226,300 new cars were registered last month, an increase of 6.2 percent compa
Yahoo! News | Sep 2, 2015 5:21 PM [GMT] | comment? | recommend
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Millions strike in India to protest against Modi's labor reforms By Sujoy Dhar KOLKATA, India (Reuters) - Protesters wielding Communist flags clashed with police in Kolkata on Wednesday as millions of workers across India went on strike, the latest display of opposition to Prime Minister Narendra Modi's economic r
Yahoo! News | Sep 2, 2015 5:08 PM [GMT] | comment? | recommend
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Presidential hopeful Rubio wants to lift 'outdated' oil export ban Republican presidential candidateMarco Rubiowould lift the ban on exporting crude oil soon after taking office if he is elected, the Florida senator will say Wednesday in a speech previewing his energy strategy. Lifting the crude-oil export ban will be an
Yahoo! News | Sep 2, 2015 3:28 PM [GMT] | comment? | recommend
Boat with 40 African migrants arrives on Spanish island The Spanish Canary Islands off the Moroccan coast were a key route around 10 years ago for migrants from Africa trying to reach Europe, but their numbers fell after Spain increased patrolling. Europe is in crisis as hundreds of thousands of refugees fleei
Yahoo! News | Sep 2, 2015 3:00 PM [GMT] | comment? | recommend
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Renewed volatility roils global stock markets Renewed volatility shook global stock markets on Wednesday as further evidence of slowing growth in China raised fears about the outlook for global economic expansion. In European mid-afternoon trading London, Paris and Frankfurt were all posting gains fo
Yahoo! News | Sep 2, 2015 2:51 PM [GMT] | comment? | recommend