Business
Latest stories
Australia Central Bank Lifts Economic Growth Forecast

Australia's central bank on Thursday said the economy was "performing well" and lifted its growth outlook while keeping interest rates at a record low but warned there were concerns about global trade.

W140 Full Story
Turkish Inflation Surges to New 15-Year High of Over 25%

Inflation in Turkey surged to over 25 percent in October from the same period the year earlier, the highest annual rate for over 15 years, official statistics showed on Monday. 

W140 Full Story
Sri Lanka Crisis Scares Tourists in Fresh Hit to Economy

A political crisis in Sri Lanka, where two prime ministers are fighting for power, is scaring away tourists and raising questions over foreign aid, ringing alarm bells for the economy as the currency slumps to record lows.

W140 Full Story
Asian Markets Retreat as Trade Deal Euphoria Fades

Asian markets fell Monday after Donald Trump's top economics adviser downplayed the chances of a quick deal to end the China-US trade war, taking the wind out of the sails of last week's rally.

W140 Full Story
UAE Amps Up Oil and Gas Output as Iran Sanctions Hit

UAE oil company ADNOC has announced the discovery of new oil and gas resources, with an eye on full self-sufficiency as US sanctions on Iran go into effect.

W140 Full Story
Saudi Readies to Boost Supplies over Iran Oil Sanctions

With Washington poised to curtail Iran's oil exports, OPEC heavyweight Saudi Arabia and its partners stand ready to ramp up supplies even as market conditions remain uncertain, analysts say.

W140 Full Story
Trump, Xi Eye G20 Talks after 'Very Good' Phone Call

US President Donald Trump said Thursday he had "very good" talks with Chinese leader Xi Jinping on the trade conflict between the two economic giants, and meetings were being planned at the G20 summit at the end of this month.

W140 Full Story
Sterling Jumps on Reported Financial Services Brexit Deal

The British pound rallied Thursday on reports of a post-Brexit financial services deal, while U.S. stocks continued to rally.

W140 Full Story
UK Police Open Probe into Biggest Brexit Donor

British police on Thursday opened a criminal investigation into a top Brexit donor over his alleged use of offshore companies to finance the campaign to leave the European Union.

W140 Full Story
Trump Reports 'Very Good' Phone Call on Trade with China's Xi

U.S. President Donald Trump on Thursday said he'd just had "very good" talks with his Chinese counterpart Xi Jinping on the growing trade conflict between the two economic giants.

W140 Full Story