Business
Latest stories
'Uncertain' that EU Will Reach Virus Rescue Deal in July

Dutch Prime Minister Mark Rutte raised doubts Friday that EU leaders would reach a deal at a summit in July on a huge 750-billion-euro ($840-billion) post-coronavirus recovery plan.

W140 Full Story
UK Unveils £1 Billion Schools 'Catch-Up' Plan after Lockdown

British Prime Minister Boris Johnson on Friday said English schools would receive £1 billion ($1.2 billion) in funding to help pupils catch up after missing months of classes due to the coronavirus.

W140 Full Story
Venezuelan Oil Production Sinks to Lowest Output in 77 Years

Crisis-wracked Venezuela's relentless fall in oil production sunk to a new low in May, according to OPEC figures, a milestone in a decade of decline for the once proud petroleum powerhouse.

W140 Full Story
Race to Ready Dubai's Mega Expo despite One-Year Delay

Armies of workers in protective masks are racing to complete the mammoth Dubai Expo 2020 site despite the coronavirus that has sickened some employees, forced a one-year postponement, and created a logistical headache.

W140 Full Story
UK Inflation Hits Four-Year Low on Virus Lockdown

Britain's annual inflation rate slid to 0.5 percent in May, the lowest level in four years, as the country's coronavirus lockdown dampens prices, official data showed Wednesday.

W140 Full Story
Equities Rise as Recovery Hopes overcome Second Wave Fears

Asian stocks rose Wednesday after a cautious day as investors weighed fresh signs the world economy is in recovery against fears of a second virus wave, geopolitical tensions and profit-taking.

W140 Full Story
UN: Virus Crisis Torpedoes Foreign Investment

Global foreign direct investment flows are likely to plunge by 40 percent this year due to the coronavirus crisis, the UN said Tuesday, with worse expected in 2021.

W140 Full Story
Relief for Paris Restaurants as Virus Lockdown Ends

Paris cafe and restaurant owners cheered Monday as the government finally allowed them to reopen their dining rooms after losing three months of revenue during the coronavirus lockdown.

W140 Full Story
Stock Markets Slip on Fears of Second Virus Wave

Equities tumbled Monday, extending last week's losses on fears of a second wave of virus infections around the world that could put the brakes on the easing of lockdowns and a budding economic recovery.

W140 Full Story
China's Industrial Output Continues Slow Recovery from Virus Hit

China's factory output rose again in May, while official data Monday also showed retail sales improved further after collapsing at the start of the year but officials warned the country faced a rocky recovery as it emerges from the coronavirus crisis.

W140 Full Story