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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

Closing Arguments Begin In AIG Bailout Case Closing arguments begin Wednesday in the American International Group bailout case. AIG shareholders claim the government overstepped its authority when it seized the company in a financial rescue. | Apr 22, 2015 8:27 PM [GMT] | comment? | recommend
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Populist Conservative budget puts Canada's Liberals in election squeeze By Leah Schnurr and Randall Palmer OTTAWA (Reuters) - Canadian Prime Minister Stephen Harper, facing a battle to win reelection to a rare fourth term in October, has boosted his chances with a populist budget expected to energize his base. The tax breaks
Yahoo! News | Apr 22, 2015 5:19 PM [GMT] | comment? | recommend
Billions at risk for Ghana, oil firms from ocean boundary ruling By Emma Farge and Matthew Mpoke Bigg DAKAR/ACCRA (Reuters) - Ghana's decision to seek arbitration in a dispute with Ivory Coast over an oil-rich basin in the Atlantic could prove costly for the country and a consortium led by Tullow if a court halts devel
Yahoo! News | Apr 22, 2015 3:50 PM [GMT] | comment? | recommend
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Uganda's economy expands 3.4 pct in Q2 of 2014/15 fiscal year Uganda's economy grew 4 percent in the second quarter of the 2014/15 (July-June) fiscal year, from 2.3 percent in the previous year due to an expanding agriculture sector, the statistics body said. The value added services in the agriculture sector c
Yahoo! News | Apr 22, 2015 2:33 PM [GMT] | comment? | recommend
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Canada growth pickup to fall short of Bank of Canada forecast: Reuters poll By Anu Bararia and Leah Schnurr BENGALURU/OTTAWA (Reuters) - Canadian economic growth will accelerate in the second half of the year but probably not as much as the Bank of Canada expects, suggesting it may be too soon to rule out another interest rate cu
Yahoo! News | Apr 22, 2015 1:25 PM [GMT] | comment? | recommend
Why Somali Grandmas And Aid Workers Might Be Short On Cash Money transfer agencies are the lifeblood of Somalia. But Kenya has shut down 13 East African branches to keep money out of the hands of terrorists blamed for a deadly attack early this month. | Apr 22, 2015 12:49 PM [GMT] | comment? | recommend
Is It Time To Make Medical And Family Leave Paid? Democrats in Congress have reintroduced a bill that would create a national paid leave program, covering two thirds of people's wages for up to 60 days a year. But small business owners are wary. | Apr 22, 2015 11:56 AM [GMT] | comment? | recommend
ECB raises emergency funding cap for Greek banks to $81.2 billion: source The European Central Bank raised the cap on emergency liquidity assistance (ELA) that Greek banks can draw from the country's central bank by 1.5 million euros, taking the ELA ceiling to 75.5 billion euros ($81.2 billion), a banking source told Reuters on
Yahoo! News | Apr 22, 2015 11:53 AM [GMT] | comment? | recommend
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German government more optimistic on economic growth Economy Minister Sigmar Gabriel said "Germany is on a solid path of growth, driven by favourable developments on the labour market, rising wages and increased employment. Previously, the government had been pencilling in gross domestic product (GDP)
Yahoo! News | Apr 22, 2015 11:53 AM [GMT] | comment? | recommend
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How the 'Godfather' of Lagos could shape Nigeria's government I put talents in office, I help them," says former Lagos state governor and opposition alliance leader Bola Tinubu, being quite open about his role as one of Nigeria's most powerful political godfathers. "I use the best hand, the best brain
Yahoo! News | Apr 22, 2015 11:53 AM [GMT] | comment? | recommend