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Norway Wealth Fund Bans 9 Groups, Including BAE Systems

Norway's $1 trillion sovereign wealth fund, the world's largest, has excluded nine groups, including the UK's military equipment maker BAE Systems, from its portfolio based on ethical grounds, the Norwegian central bank said on Tuesday. 

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Airbus Warns A380 Program at Risk as Orders Dry Up

Airbus said Monday that it might have to end production of the double-decker A380 superjumbo jet, having booked no new orders for the plane in two years.

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Glimmers of Hope in Iran Economy despite Trump

Even with President Donald Trump continuing to waive nuclear sanctions, Iran's economy remains hobbled by U.S. restrictions but some diplomats in Tehran remain quietly confident for the future. 

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Canada Welcomes Trump's 'Flexible' Timetable for NAFTA Deal

Canada would welcome an extension of continental trade negotiations beyond a current March deadline, Foreign Minister Chrystia Freeland said Friday in response to the proposal by U.S. President Donald Trump.

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Euro Scales 3-Year Dollar Pinnacle on German Deal Hopes

The European single currency surged Friday to a three-year peak against the dollar as German Chancellor Angela Merkel moved closer to a new coalition government, dealers said.

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China's U.S. Surplus Jumps as Trade with World Picks Up

China's trade surplus with the United States expanded last year, raising the possibility of fresh blowback from President Donald Trump who has often bashed Beijing over the issue and fanned fears of a trade war.

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World Food Prices Up 8.2% in 2017, Says UN

Global food prices rose by 8.2 percent in 2017 compared to 2016, the UN's food agency said on Friday. 

The Food and Agriculture Organization said that its FAO Food Price Index averaged 174.6 points in 2017, the highest annual average since 2014.

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Powerful Growth in Germany Fuels Calls to Share the Wealth

Strong growth data in Germany came as welcome news Thursday for politicians haggling over spending and unions battling for more pay, although observers warn the good times can't last forever.

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Chinese Economy Grew 'around 6.9%' in 2017

China's premier expects economic growth of around 6.9 percent for 2017, as he saw a "better than expected" outlook for the world's second-largest economy, state media said Thursday.

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S.Korea Planning to Close Cryptocurrency Exchanges, Bitcoin Dives

South Korea is preparing to shut down cryptocurrency exchanges in the country, its justice minister warned Thursday, sending prices of bitcoin and other virtual units into a tailspin.

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