Economy

The Latest: European Central Bank cuts growth forecasts

Mar 7, 2019

The European Central Bank is cutting its forecast for economic growth this year in the 19-country eurozone to 1.1 percent from 1.7 percent in earlier forecasts

World economic growth forecasts cut amid trade concerns

Mar 6, 2019

A top economic watchdog has cut its forecasts for global economic growth due to the impact of trade disputes, Brexit and weakening demand in Europe and China

China revokes Canadian canola permit as dispute escalates

Mar 6, 2019

One of Canada's largest grain processors has been blocked from exporting canola to China in what could be retaliation for the arrest of an executive from Chinese tech giant Huawei

Electrics, compacts and SUVs share stage at Geneva auto show

Mar 3, 2019

Automakers are rolling out new electric and hybrid models at the Geneva International Motor show as they get ready to meet tougher emissions requirements in Europe _ while not forgetting the profitable and popular SUVs and SUV-like crossovers

French yellow vests protest for 16th straight weekend

Mar 2, 2019

French yellow vesta are protesting for a 16th straight weekend in Paris and other cities to show they are still mobilized against the government's economic policies they see as favoring the rich

Canada allows extradition case against Huawei CFO to proceed

Mar 2, 2019

Canada says it will allow the U.S. extradition case against Chinese Huawei executive Meng Wanzhou to proceed

World shares rise on hopes for US-China breakthrough

Mar 1, 2019

World shares mostly higher after a report suggested that the leaders of China and the U.S. could be endorsing a trade deal in weeks

German unemployment rate holds steady at 5 percent

Mar 1, 2019

German unemployment remained steady at 5 percent in February as the labor market in Europe's largest economy remained strong

Undeterred by summit collapse, Moon vows closer North ties

Mar 1, 2019

South Korean President Moon Jae-in says his government plans to discuss with the United States the possibility of restarting joint inter-Korean economic projects to induce nuclear disarmament from North Korea

Asian markets rise on China-US trade prospects

Mar 1, 2019

Asian markets rise on prospects of China-US trade deal in March

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