Finance

MIAMI — The Trump administration is prepared to lift sanctions on Venezuela in support of a new proposal to form a transitional government representing allies of both Nicolas Maduro and opposition leader Juan Guaido, U.S. officials said. The plan, which will be presented Tuesday by Secretary of State Mike Pompeo, echoes a proposal made over […]

Inflation is way down in the countries that use the euro March 31, 2020, 9:38 AM 1 min read 1 min read Share to FacebookShare to TwitterEmail this article FRANKFURT, Germany — Inflation in the 19 countries that use the euro currency sagged to 0.7% in March from 1.2% February as the virus outbreak and

SINGAPORE (Reuters) ― Singapore’s high court upheld on Monday a rarely-used law that criminalizes sex between men, dismissing three appeals that argued it was unconstitutional. The ruling follows challenges to the colonial-era law by activists emboldened after India’s decision to scrap similar legislation in 2018. Previous repeal efforts in the socially-conservative city-state in 2014 also

Chinese tech giant Huawei says its 2019 sales rose 19% over a year earlier despite U.S. sanctions that hampered its smartphone and network equipment businesses By JOE McDONALD AP Business Writer March 31, 2020, 8:06 AM 3 min read BEIJING — Chinese tech giant Huawei said Tuesday its sales rose 19.1% last year over 2018

An official survey showed China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen March 31, 2020, 5:16 AM 2 min read 2 min read Share to FacebookShare to TwitterEmail this article BEIJING — China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus. ——————— AIR CARE: Britain’s health service is asking airline cabin crew who have been laid off to go to work

Macy’s and Gap said on Monday that they planned to furlough much of their work forces, a stark sign of how devastating the coronavirus will be for major retailers and their workers who sell clothing, accessories and other discretionary goods. Macy’s, which said the cuts would affect the “majority” of its 125,000 workers, lost most

Some service stations in the U.S. are selling gasoline for 99 cents a gallon, prices not seen in about two decades By DAVID KOENIG AP Business Writer March 31, 2020, 12:54 AM 3 min read DALLAS — U.S. gasoline prices have dropped to their lowest levels in four years, and they are almost sure to

Signaling both growing anxiety and growing solidarity brought on by the coronavirus pandemic, workers in a variety of occupations across the country are protesting what they see as inadequate safety measures and insufficient pay for the risks they are confronting. On Monday, a contingent of workers who fulfill orders for the grocery delivery service Instacart

A Delaware judge has granted the DuPont Co.’s request to dismiss a lawsuit alleging that it massively downplayed the cost of environmental liabilities imposed on spinoff company Chemours By RANDALL CHASE AP Business Writer March 30, 2020, 11:43 PM 3 min read DOVER, Del. — A Delaware judge has granted the DuPont Co.’s request to