Business
Latest stories
PetroChina's Profits Double as Oil Prices Soar

China's biggest oil producer PetroChina said Thursday its net profit more than doubled in the first half of the year as global crude prices soared.

W140 Full Story
No-Let Up in Turkey Lira Slide after Moody's Downgrades

The Turkish lira showed no sign of recovery as it slid further against the U.S. dollar on Wednesday, hours after Moody's downgraded its credit ratings on 20 Turkish financial institutions.

W140 Full Story
Britain's May Takes Trade-Touting Tour to Nigeria

Britain's Theresa May landed in Nigeria's capital on Wednesday on the second leg of her maiden Africa tour aimed at drumming up post-Brexit trade deals outside the European Union. 

W140 Full Story
Putin Softens Controversial Pension Reform

Russian President Vladimir Putin on Wednesday proposed a series of measures to soften a deeply unpopular pension reform, in an apparent attempt to stem a major fall in his approval ratings.

W140 Full Story
French Business Leaders Want More from ex-Banker Macron

When he won the presidency 15 months ago, Emmanuel Macron charmed company chiefs with a promise to make it easier to do business in France. But the economy remains sluggish, and bosses' patience is waning.

W140 Full Story
May Vows Post-Brexit UK Will be Leading Investor in Africa

British Prime Minister Theresa May on Tuesday pledged to prioritize investment in Africa as she started a three-nation visit to the continent aimed at drumming up trade deals ahead of leaving the European Union.

W140 Full Story
Toyota Pours $500M into Driverless Car Tie-Up with Uber

Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday.

W140 Full Story
U.S., Canada Set for Talks to Revise NAFTA

With a deal with Mexico out of the way, US trade officials are due to resume talks with Canada on Tuesday to try to salvage the North American Free Trade Agreement as a trilateral deal.

W140 Full Story
Venezuela Orders Banks to Adopt Cryptocurrency

Venezuelan President Nicolas Maduro ordered banks to adopt the petro cryptocurrency as a unit of account Monday, as the country struggles to emerge from a severe political and economic crisis.

W140 Full Story
Trump Says Deal with Mexico 'Looking Good'

President Donald Trump said Monday a "big deal" with Mexico was close, an apparent reference to ongoing talks to revamp the North American Free Trade Agreement.

W140 Full Story