Business
Latest stories
Sudan Announces Managed Currency Float amid Economic Crisis

Sudan said Sunday it was ditching its fixed exchange rate and adopting a managed float, in line with an IMF program but at the risk of fanning already-smoldering popular discontent.

W140 Full Story
VW, Audi Car Plants in Mexico Hit by U.S. Power Crunch

German car makers Volkswagen and Audi said that an energy crunch caused by a cold snap in the United States would hit production from Thursday at their plants in central Mexico.

W140 Full Story
Should Spotify Payments Go to Artists You Actually Listen to?

Streaming companies such as Spotify and Deezer are credited with rescuing the music industry from piracy, but while label executives rejoice in billion-dollar revenues, even top-level artists are struggling to survive.

W140 Full Story
In Virus-Hit Lebanon, Seamstresses Stitch Body Bags

In a Lebanese textile workshop, Umm Omar recalled making school uniforms and holiday garments -- before surging coronavirus cases forced her into the grim business of body bags.

W140 Full Story
Airbus Books 1.1-Billion-euro Loss in 2020 in Wake of Covid-19

European aircraft giant Airbus said Thursday it was able to limit its losses last year, even as the airline sector collapsed in the wake of the coronavirus pandemic.

W140 Full Story
Asian Markets Slip as Inflation Fears Trump Recovery Hopes

Asian markets mostly fell Thursday on profit-taking and growing worries about inflation, which offset long-running optimism about the global recovery as vaccines are rolled out, infection rates slow and Joe Biden's stimulus winds through Congress.

W140 Full Story
Most Asian Markets Down on Profit-taking but Optimism Remains

Most markets fell in Asia on Wednesday, hit by profit-taking after a strong rally across the world in recent weeks, with investors worried valuations may have gone too far for now.

W140 Full Story
Biden Goes to U.S. Heartland for Support on Massive Economic Package

U.S. President Joe Biden is sidestepping a divided Congress and going straight to the nation Tuesday with a televised town hall in Wisconsin seeking support for his $1.9 trillion economic rescue package.

W140 Full Story
U.S. Stocks Open Higher, Adding to Records

Wall Street stocks added to records early Tuesday, extending a positive run for equities ahead of key housing and retail data later in the holiday-shortened week.

W140 Full Story
UK Wants to Target Deals with EU Members on Creative Work Permits

Britain's government said Tuesday it intends to seek individual deals with each of the 27 EU member states on work permits for the creative industries, as anger grows among performers shut out of the bloc since Brexit.

W140 Full Story