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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

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S.African stocks at record highs, weak rand lifts miners JOHANNESBURG (Reuters) - South African stocks closed at record highs on Tuesday, undaunted by simmering labour tension in Africa's largest economy that caused the rand to plunge to a four-year low. The weaker currency boosted mining firms who pay cos
Yahoo! News | May 21, 2013 4:16 PM [GMT] | comment? | recommend
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TSX hits 1-1/2 month high on broad rally, positive data By John Tilak TORONTO (Reuters) - Canada's main stock index jumped 1 percent to its highest in more than 1-1/2 months on Tuesday, fueled by gains in most major sectors and optimism following positive economic data from Europe. British inflation fell
Yahoo! News | May 21, 2013 3:33 PM [GMT] | comment? | recommend
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Canadian PM says growing expenses scandal a distraction OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper dismissed a mushrooming expenses scandal in the Senate as a distraction on Tuesday and urged his Conservative legislators to focus on the economy. But Harper, facing the biggest crisis since he won
Yahoo! News | May 21, 2013 2:40 PM [GMT] | comment? | recommend
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IMF says Egypt budget gap worrying, urges Yemen to finalise economic programme By Martin Dokoupil DUBAI (Reuters) - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic programme, a senior IMF official
Yahoo! News | May 21, 2013 2:37 PM [GMT] | comment? | recommend
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UK says on right track as IMF review nears LONDON (Reuters) - Britain stood its ground on its approach to fixing the weak economy on Tuesday, a day before the International Monetary Fund is expected to call for a softening of its austerity push. "Our view is that the economy is healing and we
Yahoo! News | May 21, 2013 1:47 PM [GMT] | comment? | recommend
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Bulgaria's ex-PM Borisov says he is convinced rivals can form government By Tsvetelia Tsolova SOFIA (Reuters) - The head of Bulgaria's largest party said on Tuesday he was convinced his rivals would be able to form a government, indicating a political stalemate that could undermine the European Union's poorest econom
Yahoo! News | May 21, 2013 1:01 PM [GMT] | comment? | recommend
Oil price down to near $96 as traders wait for Fed The price of oil fell to near $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.
Yahoo! News | May 21, 2013 12:07 PM [GMT] | comment? | recommend
Ireland says not to blame for Apple's low tax rate By Conor Humphries DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits stashed in Irish subsidiaries
Yahoo! News | May 21, 2013 12:00 PM [GMT] | comment? | recommend
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Tanzania growth to average 7 pct over 2013-2015: World Bank By Fumbuka Ng'wanakilala DAR ES SALAAM (Reuters) - Tanzania's economy is expected to expand at a slightly faster pace over the next two years after growing 6.9 percent in 2012, the World Bank said on Tuesday. It said it expected inflation in eas
Yahoo! News | May 21, 2013 11:49 AM [GMT] | comment? | recommend
Oil price falls toward $96 per barrel BANGKOK (AP) The price of oil retreated toward $96 per barrel Tuesday as investors waited for the Federal Reserve's latest views on the U.S. economy.
Yahoo! News | May 21, 2013 10:26 AM [GMT] | comment? | recommend