Argentina Reaches $9.7 Billion Debt Payment Agreement With Paris Club Countries
After years of economic hardship, Argentina wants to pay back $10 billion of its debt to bondholders.
Exporting Oil Would Lower US Gas Prices And Boost Economy, Says Oil And Gas Lobby
A new analysis estimates that lifting an oil export ban would add hundreds of millions of dollars in activity to many state economies.
US Q1 GDP Falls 1% In First Such Drop Since 2011 As Severe Winter Stuns Economy
But the contraction is "nothing to worry about," London-based Capital Economics said.
UK Official Says Modi Government's Decision To Not Support FDI In Multi-Brand Retail Should Be Respected
India's retail sector is considered notoriously hard to crack because of entrenched mom-and-pop stores and a lack of supply chain infrastructure.
More news
CEO Median Pay Crosses $10M: How Much Do CEOs Make And Who Are The Highest-Paid Female CEOs?
The average CEO pay package was higher than $10 million in 2013. Here's a look at who makes the big bucks (not the average worker).
Best Selling Economics Writer Piketty Defends His Data After Paper's Criticism He Calls An 'Ambush'
Writer tells Newsweek that he was not given enough time to address questions from the Financial Times.
South African Economy Shrinks As Mining Sector Sees Lowest Production Since 1967
The South African economy had its biggest slump since 2009 this quarter after weeks of mining strikes paralyze production.
Obama To Roll Out New Carbon Emission Rules Next Week
President will use his executive authority to order new rules.
Thai Army Gets Down To Work On Economy, Stifles Dissent
General Prayuth Chan-ocha seized power last week, saying the army had to restore order after months of sometimes deadly demonstrations.
Colorado Mudslide: Video Footage Shows Devastating 4-Mile-Wide Slide That Left Three People Missing
Three men might be trapped in the vast swathe of mud and crushed pine trees, which is estimated to be two miles wide.
China Flexes In South China Sea, Sinks Vietnamese Fishing Vessel
Ten fishermen were on board.
Thai Coup Leader To Get Royal Endorsement, Address Nation
Despite warnings, small crowds of people opposing the May 22 coup have been gathering in Bangkok as well as in the north and northeast.
Putin Describes Prince Charles 'Hitler' Remark as 'Unacceptable'
"This is not royal behavior," the Russian president says, but UK politicians fail to condemn the prince's controversial comments.
Out With Amazon: Wal-Mart Zings Mexico E-Commerce, Dominates Retail Market
Wal-Mart has had a rough year -- but its foray into Mexico's e-commerce might make it all better.
S&P 500 Closes At Record High
Housing and Hewlett-Packard lead the charge.
A Seafood Shipper, Furniture Designer And Travel Planner Among Vietnam’s Five Companies To Watch, Say Economists
A quarter of the World Economic Forum's list of global growth companies from East Asia are based in Vietnam.
India's Gold Imports Expected To Rise As RBI Relaxes Importing Norms
The World Gold Council expects demand for gold from India to increase by nearly 3 percent over last year.
Thailand Economy May Not Survive Current Coup, Despite Good Record In Past Years: Report
Thailand's economy has a reputation for surviving political tensions, but maybe not this time.
US Cities Ceding Some Growth To Suburbs: Brookings Institution Report
"City growth may be bottoming out," a Brookings Institution researcher says
Narendra Modi's Government To Focus On Sectoral Reforms, Growth, Investor Sentiment And Better Governance: UBS
The coal-power sector, which produced the energy-starved nation's biggest political scam, will be a key focus for the new administration.
Move Along, Moscow: Ukraine Crisis Makes Europe Question Its Dependence On Russian Gas, Turn To Mexican Energy
The European Union wants to break its dependence from Russian energy. Mexico might just be the solution.
Fed Minutes Show Central Bank Comfortable With Policy But Laying Groundwork For Eventual Changes
The Federal Reserve doesn’t believe that it faces a “trade-off between its employment and inflation objectives.”
Business As Usual For Multinationals Like GE In Nigeria, Despite Boko Haram Violence
Despite Boko Haram, foreign direct investment is still driving economic growth in Nigeria -- now the continent’s biggest economy.
Coffee Rust Has Claimed $1B In Losses And 250,000 Jobs In Central America, US Fears Increase Of Migration
Be grateful for that daily cup of Joe: It has cost more than you think.
Russia's Gas Deal With China About Far More Than Economics
Even if the long-term economic effect of the $400 billion natural gas deal is small, Beijing and Moscow have formed a major partnership.
JPMorgan Chase (JPM) Detroit Investment Aims To Revitalize City Center And Make The Company A Buck
The bank’s investment in the Motor City will fund blight removal, home loans, job training and small business loans, among other things.
Swiss Glad To Put Credit Suisse Problems In The Past
Reactions from across the Swiss media mostly happy the whole Credit Suisse U.S. headache is over.
Russia And China Sign Gas Deal Worth $400B During Putin's Visit To China After Negotiating For 10 Years
Russia is looking at new ties with Asia and the gas deal comes as a major breakthrough after a 10-year-long negotiation.
Why the China-Russia Gas Deal Keeps Getting Delayed
Russia needs China's markets more than China wants Russian gas.
América Móvil Explores Options For AT&T's $6B Stake After DirecTV Merger
To avoid regulatory conflict, AT&T has to sell its stake in América Móvil, which amounts to about $6 billion, or 8.4 percent of its shares.
Europe Moves To Reduce Food Waste Via Changes To Labeling Regime
The European Union is preparing to take steps to reduce the tens of millions of tons of food that goes to waste each year across the continent.
Business As Usual For Credit Suisse After Tax Fraud Fine
Credit Suisse investors are confident despite a $2.5 billion fine and guilty plea, and analysts say this is the new normal for big banks.
Putin In China: Russia, China Disagree Over Natural Gas Prices, Delaying $400B Natural Gas Supply Deal
Though China and Russia have yet to agree on a game-changing gas supply deal, military and political cooperation are advancing.
EU, US Prepare to Enhance Global Corporatocracy With Free Trade Deal In TTIP Talks
The TTIP wants to put businesses in the driving seat, allowing them to bypass the WTO and give transnational corporations a power boost.
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