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Stock Markets Rise at End of Turbulent Trading Week

Stock markets rose for the most part on Friday following a recovery on Wall Street that helped to ease global recession fears.

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Turkish Army Pension Fund to Buy British Steel

The Turkish military pension fund OYAK said Friday it had signed a provisional deal to buy British Steel after the UK steelmaker was forced into liquidation in May.

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Consumers Supporting US Economy amid Manufacturing Slump

American consumers appear to be carrying the US economy in their shopping carts as manufacturing slumps amid President Donald Trump's trade conflict with China, and financial signals warn of a possible recession.

"The economy is phenomenal," Trump said Thursday. "We had a couple of bad days but we are going to have some very good days because we had to take on China."

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S.Africa Announces Visa Waivers to Boost Tourism

South Africa on Thursday announced visa waivers for four countries in a bid to boost tourism amid an economic crisis and falling visitor numbers.

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Asia Markets Rise as Trump Tariff Delay Boosts Trade War Hopes

Asian equities rose Wednesday as investors breathed a collective sigh of relief at news the US had delayed tariffs on a swathe of Chinese goods, easing tensions in their bitter trade war.

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Hong Kong Stocks End with Big Losses

Hong Kong shares sank more than two percent Tuesday following steep losses on Wall Street, with investors hit by worries over political unrest in the city as well as uncertainty about the China-US trade standoff.

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Singapore Cuts Growth Outlook as Trade War Bites

Singapore further cut its annual growth forecast on Tuesday as the escalating US-China trade war hammers exports, in another ominous sign for Asia's trade-reliant economies.

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Brexit Turmoil Drives UK towards Recession

Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge of recession and sending the pound tumbling to a 2.5-year low.

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Food Courier Deliveroo Pulls Out of Germany

British food delivery company Deliveroo said Monday it would pull out of Germany entirely this week, saying it plans to focus on more promising markets elsewhere.

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French Industry Hits the Beach to Woo Future Recruits

A few steps from the sea in the Normandy resort of Deauville, a group of curious holidaymakers in flip-flops and beach garb pepper a technician with questions as he extols the capabilities of a cutting-edge 3D modelling machine.

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