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Wednesday, February 3, 2016
Factory activity in the world's two biggest economies -- the United States and mainland China -- slowed in January, a discouraging trend for the global economy.
Global stocks were mostly lower Tuesday as oil extended losses following a 6-percent plunge that was sparked by data showing a manufacturing slowdown in the world's two largest economies.
Friday, January 29, 2016
US economy likely slowed sharply in October-December quarter
The U.S. economy likely slowed significantly in the final three months of 2015 -- and the picture seems to have grown gloomier in the first few weeks of 2016.
UN chief wants clean energy investments doubled by 2020
The U.N. secretary-general on Wednesday challenged investors around the world to at least double their investments in clean energy by 2020, saying that "we must begin the shift away from fossil fuels immediately."
A U.N. panel recommended Wednesday that cargo shipments of rechargeable lithium batteries be banned from passenger airliners because the batteries can create fires capable of destroying planes, according to aviation officials familiar with the decision.
World stock markets wavered Thursday after the U.S. Federal Reserve sounded a note of caution on the world economy and its effect on U.S. growth but left the door open for rate hikes.
Panic is so passé?
Vehicles equipped with automatic braking or front-collision warning are less likely to cause a rear-end crash, according to a study released Thursday by the insurance industry.
Thursday, January 28, 2016
The International Monetary Fund says it has made another 126.3 million euros (US$136.87 million) available to Cyprus after completing what it said was its second-to-last review of the Eurozone country's rescue deal.
Mainland Chinese stocks sank again Wednesday while other Asian markets rose and Europe retreated as investors looked ahead to the U.S. Federal Reserve's latest statement on interest rates and the economic outlook.
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