The pace of downsizing at American companies surged last month, with more than 10,000 job cuts blamed on "trade difficulties" alone, according to figures released Thursday.Full Story
The U.S. economy grew at an unspectacular pace in recent weeks, while businesses still took a rosy view of the near future despite the escalating U.S.-China trade war, the Federal Reserve said Wednesday.Full Story
President Vladimir Putin sought to lure Asian investment to Russia's Far East on Thursday as the launch was announced of a huge Arctic gas project aimed at Asian markets.Full Story
Strong rains and reduced violence in many Syrian regions have led to much improved harvests in 2019 but high prices remain a threat to food security, the U.N. said Thursday.Full Story
The European Union is freeing up 780 million euros ($860 million) in emergency funds to cope with the impact of a possible no-deal Brexit on member states, officials said Wednesday.Full Story
British business activity shrank in August, slammed by weakness in the key construction, manufacturing and services sectors, as the economy suffers from Brexit turmoil, a key survey showed Wednesday.Full Story
An international ratings agency warned Wednesday there is a risk that customer deposit flows, particularly by nonresidents, could continue to decline in Lebanon, resulting in an accelerated drawdown of foreign currency reserves that would test the highly indebted country's ability to maintain the local currency peg to the U.S. dollar.
Prime Minister Saad Hariri, however, pledged to keep the national currency pegged to the dollar, as it has been since 1997.Full Story
The Australian economy has recorded its weakest annual growth in a decade, official data released Wednesday showed, expanding just 1.4 percent in the year to June.Full Story
Asian stock markets rose Wednesday following surprise weakness in U.S. manufacturing and wrangling in Britain over the country's departure from the European Union.
Benchmarks in Shanghai, Tokyo and Hong Kong advanced.Full Story