The U.S. current account deficit widened slightly more than expected in the fourth quarter, amid an increase in goods imports. The Commerce Department said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country, widened by $26.7
CARACAS/BEIJING (Reuters) - China is likely to extend an agreement providing crisis-stricken Venezuela with favourable loans repayment terms but will not lend fresh funds to President Nicolas Maduro's government, according to sources in Caracas and Beijing familiar with the situation. During a decade
Brexit campaigner Arron Banks said Cambridge Analytica pitched for work with the Leave.eu campaign ahead of the 2016 Brexit referendum but that ultimately it never did any work - paid or otherwise - for the campaign. "We did have dealings with Cambridge Analytica – they put forward a pitch that
Skoda is at least the second automaker to stop approving its cars with Britain's Vehicle Certification Agency (VCA) due to uncertainty over its post-Brexit powers, in an example of the steps firms are taking to fill a void of uncertainty. The VCA can for now sign off on models to be used in the
A steep market sell-off trapped bulls above a key level of resistance at the beginning of this week, according to one technician. That may have triggered a series of technical signs that imply near-term pain.
Goldman Sachs and the Wellcome Trust charity have made a joint bid to buy the commercial property portfolio of Britain's Network Rail, a spokeswoman for the Wellcome Trust said. Sky News reported on Wednesday that the U.S. investment bank and the British medical charity have tabled a 1.2 billion
Jed McCaleb has had a hand in some of the biggest crypto organizations to date, beginning with the Mt. Gox bitcoin exchange.
Theresa May has been accused of taking an anti-business position on Brexit by industry leaders. Business Europe president Emma Marcegaglia told Yahoo UK: “If we look at what is the position of our member, the CBI, they don’t really like this very much. “So I don’t really think this can be seen as a
BRUSSELS (AP) — The European Union's executive has unveiled new plans to make big tech companies pay more taxes in a move that would, if endorsed, hit online U.S. giants like Google and Facebook.
Oil rose for a second day on Wednesday, nearing its highest in six weeks after a surprise decline in U.S. inventories and as concern persisted over possible disruption to Middle East supply. Unexpectedly large inventory declines in the United States helped underpin the market, even though refinery maintenance
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The International Labour Organization (ILO) launched a commission of inquiry on Wednesday into complaints that Venezuela is not upholding standards including freedom of association and workers' rights to organize, a spokesman said. The decision by the ILO's Governing Body is rare and follows
Democratic Republic of Congo said it would open talks on Friday with mining companies about implementing some of the most contentious provisions in a new mining code that hikes taxes and royalties in the face of objections from industry. President Joseph Kabila signed the new code earlier this month
U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion (266.81 billion pounds) trade surplus with the United States. The big trade imbalance - at the heart of a potential trade war, with Trump expected to impose tariffs on Chinese imports this week
As the Fed tinkers with monetary policy, the bond market is on the move. One market watcher says the next move on rates could indicate whether we're in for a market slowdown or worse.
Supporters of Hungary's right-wing Fidesz party in Ercsi may not have met a refugee but there's one thing they know for sure: they don't want them in their town. Three years after hundreds of thousands of refugees crossed into Hungary en route from the Middle East and Africa to western Europe
Britain intends to remain in Europe's emission trading system (ETS (Shenzhen: 002545.SZ - news) ) until at least the end of its third trading phase running from 2013-2020, Britain's energy minister said on Wednesday. The status of Britain's participation in the scheme following the country
The Japanese yen rose, while stocks and government bond yields fell on Wednesday after a report in the Wall Street Journal that China is planning counter measures against U.S. trade tariffs. The yen, which ...
ADNOC sought to reassure its international investors on Wednesday, saying there was no evidence of complacency among its senior executives.
Inflation is moving towards two-percent over the next year or so, says Nathan Sheets, PGIM fixed income economist, sharing his outlook on the U.S. economy and expectations on Fed policy following the two-day FOMC meeting.