The U.S. trade deficit widened in May as the COVID-19 pandemic pushed tis exports to their lowest level since 2009, strengthening expectations the economy will contract in the second quarter at it
Volkswagen AG is in talks to acquire French car rental firm Europcar Mobility Group SA, in a deal that would allow the German car maker to better capitalize on its fleet, people familiar with the mat
U.S. home sales dropped to their lowest level in more than nine and a half years in May, strengthening expectations for a sharp contraction in housing market activity in the second quarter followi
Apple has announced an upcoming change to App Store rules that could mark a major shift in how the marketplace operates. Developers will soon be able to challenge not just the rejection of an app, bu
The Japanese government maintained its assessment on Fridaythat the economy in April had "worsened," with its index of business conditions dropping to the lowest level since record keeping began.A
Group of Seven finance ministers on Wednesday said a debt relief initiative for the world's poorest countries could be extended beyond the end of the year to help deal with the economic fallout from
Editor's note: Tian Feilong is Associate Professor at the School of Law of Beijing University of Aeronautics and Astronautics, Director of the Chinese Association of Hong Kong Macao Studies. The a
FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee during the Monetary Policy and the State of the Economy hearing on Capitol Hill in
An Iranian news agency close to the elite Revolutionary Guards said on Saturday there would be repercussions if the United States acted "just like pirates" against an Iranian fuel shipment to Venezue
China's economy showed signs of significant improvement in April from its COVID-19 lockdown as the coronavirus pandemic ebbs away in the country, with industrial output growing in the positive territ
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline travel as people stayed home during the cor
In New York City, the warmest weather yet this spring caused picnickers and sunbathers to flock to green spaces in Manhattan, including crowded conditions at Christopher Street Pier in Greenwich
Ethiopia will also get debt relief that the fund is extending to the poorest and most vulnerable countries. The International Monetary Fund approved $411 million in emergency funding to help E
Video: The closing bell is rung at the New York Stock Exchange on April 30, 2020, New York, the United States. (Xinhua/Zhang Mocheng) The solid monthly gains came despite more data showed the COVID-1
South Korea's exports slumped 24.3 percent in April from a year earlier under the impact of the COVID-19 pandemic, which also disrupted the global supply chains. This is the biggest plunge since t
STAR Market launches on July 22, 2019. /Reuters Companies listed on China's new Nasdaq-style STAR Market posted combined profit growth in the first quarter as Beijing looks to bolster its tech
The U.S. Navy on Wednesday said that it would carry out a broader review into the spread of the coronavirus aboard an aircraft carrier, a move likely to delay a decision on the future of the ship's f
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