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Economy News

RSS feedDisplaying articles 41 - 50 of most recent articles

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S.Africa leaves repo unchanged but says rates must go up at some point By Stella Mapenzauswa JOHANNESBURG (Reuters) - South Africa's central bank left interest rates unchanged as expected on Thursday, citing a lower inflation trajectory and continued weakness in the economy, but said rates would still have to go up even
Yahoo! News | Nov 20, 2014 3:42 PM [GMT] | comment? | recommend
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Gauge of US economy posts 0.9 percent October gain WASHINGTON (AP) An index designed to predict the future health of the economy rose in October at the fastest pace in three months.
Yahoo! News | Nov 20, 2014 3:36 PM [GMT] | comment? | recommend
Russian firms face huge insurance costs as foreign providers flee By Jonathan Saul, Carolyn Cohn and Katya Golubkova LONDON/MOSCOW (Reuters) - Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they under
Yahoo! News | Nov 20, 2014 2:37 PM [GMT] | comment? | recommend
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Congress urged to consider sanctions on Chinese cyber-spies WASHINGTON (Reuters) - U.S. lawmakers should look into options for punishing cyber-spying and the theft of trade secrets from U.S. companies, a congressional advisory committee on China said on Thursday. Congress should ask U.S. trade officials to report
Yahoo! News | Nov 20, 2014 2:32 PM [GMT] | comment? | recommend
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France's 35-hour week should not be put 'on pedestal': minister PARIS (Reuters) - The 35-hour work week introduced in France by a socialist government in 2000 gave off a "negative signal" and should not be sacrosanct, Economy Minister Emmanuel Macron said on Thursday, breaching a major left-wing taboo. Right
Yahoo! News | Nov 20, 2014 2:07 PM [GMT] | comment? | recommend
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UK retail sales rebound, set to counter growth slowdown By William Schomberg and Kate Holton LONDON (Reuters) - British retail sales jumped in October, suggesting that shoppers will take the edge off an end-of-year economic slowdown as Europe's weak growth takes its toll on Britain's factories. Sales
Yahoo! News | Nov 20, 2014 12:48 PM [GMT] | comment? | recommend
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Futures indicate lower start on weak global econ data (Reuters) - Stock futures pointed to a lower start for Canada's main stock index on Thursday as investors grew cautious after weak economic data from Europe and China raised concerns over global growth prospects. The China flash HSBC/Markit manufactu
Yahoo! News | Nov 20, 2014 12:40 PM [GMT] | comment? | recommend
LeapFrog buys majority stake in Kenya's Resolution Insurance NAIROBI (Reuters) - LeapFrog Investments, a private equity firm backed by George Soros and JP Morgan, has bought a majority stake in Kenyan insurer Resolution in a deal valued at 1.68 billion shillings ($18.64 million), both firms said on Thursday. Resolu
Yahoo! News | Nov 20, 2014 10:55 AM [GMT] | comment? | recommend
Low Consumer Spending Hinders Japan's Economic Recovery The ultimate aim of Japan's effort to revive the economy is to give consumers the confidence to start buying again. Weak consumer confidence has hit big-ticket purchases hardest. | Nov 20, 2014 10:02 AM [GMT] | comment? | recommend
What The U.S. Could Learn From Japan's Latest Recession Steve Inskeep talks to David Wessel about what's gone wrong with Japan's economy. Wessel is director of the Hutchins Center at the Brookings Institution and a contributor to The Wall Street Journal. | Nov 20, 2014 10:02 AM [GMT] | comment? | recommend