Business
Latest stories
A Year after Bailout, Greece Struggles for Brighter Future

A year after it fought and lost a tug-of-war with its creditors, Greece remains a country that seems adrift, and many of its citizens view the present as joyless and the future as grim.

W140 Full Story
Tokyo Stocks Open Higher, Make Up Brexit Losses

Tokyo stocks jumped at the start of trading on Wednesday on stimulus hopes, erasing the steep losses sparked by Britain's vote to tear itself away from the European Union.

W140 Full Story
Maduro Says US-Based Bank Seeking 'Financial Blockade' on Venezuela

Citibank plans to close the account Venezuela uses to make international payments, President Nicolas Maduro said Monday, accusing the US-based bank of a "financial blockade."

"Citibank, with no warning or communication, says that it is going to close the Central Bank and Bank Of Venezuela account. That is what you call a financial blockade," the embattled president said in televised remarks.

W140 Full Story
Paris Urges London to Stay Tax 'Friendly' Post Brexit

Amid fears of a fiscal "race to the bottom" French Finance Minister Michel Sapin on Monday slammed British plans to reduce corporation tax as part of plans to keep attracting foreign investment after last month's Brexit vote.

W140 Full Story
China Vows to Act with G20 Partners to Boost World Trade

China will work with its G20 partners to promote global trade growth, Beijing's commerce minister said on Saturday, as the world's top economies met in Shanghai.

W140 Full Story
US Probes Brake Failures on Harley-Davidson Motorcycles

The US automotive safety regulator said Friday it is investigating complaints of brake failures on Harley-Davidson motorcycles that have resulted in reports of three crashes and two injuries.

"Riders report sudden brake system failure occurring without warning," said the National Highway Traffic Safety Administration, which has received 43 complaints.

W140 Full Story
US House Passes Bill to Block Iran Aircraft sales

The House of Representatives has passed a measure that would block US aircraft sales to Iran, potentially undercutting a Boeing deal with Tehran worth up to $25 billion.

Two amendments approved to an appropriations bill from Representative Peter Roskam would ban sales from Boeing and from European rival Airbus, amid concerns the aircraft could be used for military purposes, the congressman said in a statement Friday.

W140 Full Story
Falling Pound a Boon for British Tourism

On a sunny afternoon near Big Ben, two weeks since Britain's historic decision to leave the European Union, little has changed for visitors to the capital London except that their visits are now cheaper.

W140 Full Story
IMF Sets $5.3 Billion Program for Iraq

The IMF announced a $5.34 billion program for Iraq on Thursday to help strengthen the country's finances, hit by the crash in oil prices and the fight against the Islamic State group.

W140 Full Story
Electricity-Starved Gazans Turn to Sun for Help

Nahed Abu Assi's farm has been bombed in each of the three Gaza wars since 2008 and like in the rest of the Palestinian enclave, he receives only a paltry amount of electricity each day.

W140 Full Story