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Search Result for “economy”

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Illegal mining, smuggling threaten Ghana cocoa industry

AFP, Published on 20/12/2023

» ACCRA - Ghana, the world's second biggest cocoa producer, faces a growing risk to its harvest — and blow to its crisis-hit economy — from illegal mining and smugglers, industry officials, farmers and activists warn.

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Yellen urges China to shift from 'unfair' state-driven economic policy

AFP, Published on 15/12/2023

» WASHINGTON - United States Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors.

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EU court rejects appeal over Amazon tax ruling

AFP, Published on 14/12/2023

» BRUSSELS - A top European Union court rejected Thursday Brussels' appeal against a ruling blocking its bid to force Luxembourg to recover 25 million euros ($272-million) in back taxes from Amazon.

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GENERAL

Grip of Opec+ on oil market loosening

AFP, Published on 14/12/2023

» PARIS - Slowing demand growth and rising US crude production will make it more difficult for Opec+ to continue to prop up prices, the International Energy Agency (IEA) said on Thursday.

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GENERAL

US consumer inflation slows in November

AFP, Published on 12/12/2023

» WASHINGTON - Consumer inflation in the United States edged down for a second straight month in November, government data showed Tuesday, in encouraging news for policymakers seeking to get prices under control.

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Milei says could take two years to tame Argentina's inflation

AFP, Published on 21/11/2023

» BUENOS AIRES - President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy.

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Tanking Alibaba drags Hong Kong as markets rally fades

AFP, Published on 17/11/2023

» HONG KONG - Hong Kong led losses in Asian stock markets on Friday as Alibaba was hammered after saying it would cancel the planned spinoff of its cloud computing arm.

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GENERAL

UK inflation falls sharply

AFP, Published on 15/11/2023

» LONDON - UK inflation fell more than expected in October, data showed Wednesday, easing a cost-of-living crisis and relieving pressure on Prime Minister Rishi Sunak.

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Angry Qantas investors block executives' pay plan

AFP, Published on 03/11/2023

» MELBOURNE - Jeering Qantas shareholders voted down a pay package for the company's top brass Friday, as the outgoing chairman apologised for a public "loss of trust" in Australia's much-loved carrier.

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Earnings help stocks resist despite sticky inflation

AFP, Published on 27/10/2023

» LONDON - Stocks traded mixed on Friday as blockbuster earnings from Amazon and Intel fuelled hope of a tech bounce despite a report showing persistent US inflation.