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Bezos, Gates and Buffett Still Top the World's Ultra Rich

Jeff Bezos remains the world's richest person, ahead of Bill Gates and Warren Buffett, according to the latest Forbes list of the ultra wealthy.

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China Cuts Taxes, Sees 'Tough Struggle' as Growth Slows

China's premier warned Tuesday that the country faces a "tough struggle" as he unveiled tax cuts to prop up a stuttering economy while increasing military spending to nearly $180 billion.

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Asian Markets Mostly Down, Shanghai Cheered by Tax Cuts Plan

Most Asian markets retreated Tuesday as investors awaited fresh developments in the China-US trade talks, though Shanghai ended sharply higher as China unveiled massive tax cuts to support the stuttering economy.

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Japan Court OK's Nissan Ex-Chairman Ghosn's Release on Bail

The Tokyo District Court approved the release of former Nissan Chairman Carlos Ghosn on 1 billion yen ($8.9 million) bail on Tuesday, ending nearly four months of detention.

The acceptance of Ghosn's request for bail, his third, came a day after one of his lawyers said he was confident the auto executive would gain his release.

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Britain and Its Islands Square Off over Tax Haven Rules

Leaders of three tiny British islands gathered in London on Monday to try to head off proposed legislation aimed at increasing transparency and ending secret company ownership in their jurisdictions.

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Turkish Inflation Falls to Lowest Level since August

Turkish inflation has dropped below 20 percent for the first time since August last year, reaching 19.67 percent in February, official statistics showed Monday.

Consumer prices had been falling since a 15-year high in October, but inflation rose in January and reached an annual rate of 20.35 percent from 20.30 percent in December.

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Eurozone Inflation Up, Unemployment Stable

Eurozone annual inflation rose to 1.5 percent in February, up from 1.4 percent in January, while unemployment in the single currency area remained stable at 7.8 percent, Eurostat said Friday.

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Dutch Say Ready to Pursue Shell over Nigeria Corruption

Dutch prosecutors said Friday that they are preparing to file criminal charges against Anglo-Dutch oil giant Shell over suspected corruption in the attribution of Nigerian oil exploration rights in 2011.

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Canada Economy Slowed at End of 2018, Q4 Growth 0.4%

Canada's economy slowed in the last three months of 2018 to only 0.4 percent, according to government data released Friday, due in part to lower export prices of oil.

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France, Netherlands to Cooperate to Improve Air France-KLM Pact

France and the Netherlands will work together to improve the performance of Air France-KLM, the French finance minister said on Friday, after talks with his Dutch counterpart to ease tensions over the airline alliance.  

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