Economy

  1. Warmer weather helps British economy grow by 0.4% but factory orders drop again

    Brexit hurdles ahead

    Britain’s economy warmed up a little in the second quarter from its winter slowdown of early 2018, but there was no sign of an end to its stuttering performance ahead of Brexit next year.

    Region:
    Europe
    Category:
    Economy
  1. Trade-war concerns cloud New York City investment conference

    A prolonged U.S. trade war with China and Europe would dent global economic growth and force investors to reassess the profitability of U.S. companies, some of the biggest hedge funds and private equity investors in the United States warned at an investment conference on Wednesday.

    Region:
    World
    Category:
    Economy
    U.S. President Donald Trump is largely perceived on Wall Street as a pro-business leader but his hard-line stance on trade could jeopardize economic gains created by his tax cuts, investors said.
  2. Trump to OPEC: 'Reduce pricing now!'

    U.S. President Donald Trump again accused the Organization of the Petroleum Exporting Countries of driving gasoline prices higher on Wednesday and urged the oil producer group to do more.

    Region:
    World
    Category:
    Economy
    The war of words over oil prices continues between U.S. President Donald Trump and Iran, and the latest salvo from Iran is for Trump to stop tweeting.