Britain's economy has for months defied the cataclysmic predictions made by campaigners for staying in the EU ahead of last year's referendum but its smooth run shows signs of hitting the skids.
In the past the Trump administration has boasted of the performance of the stock market as evidence of the success of its policies. Now that the market has begun to drop, White House secretary Sean Spicer has changed his tune.
Marathon Oil is just the latest in a number of companies, big and small, rushing to snatch up huge amounts of land in the Permian Basin, a massive oil field that runs from Texas to New Mexico.
Frankfurt Am Main -
German luxury carmaker BMW said Tuesday it was planning as many as 40 new top-of-the-range models in the coming years in an effort to catch up after historic rival Mercedes outsold it in 2016.
The torrential rains from Peru's coastal El Nino conditions have not only caused the deaths of over 70 people and left thousands more homeless, they have also brought central Peru's mining industry to a standstill.
New York -
Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world's richest billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday.
The sandwich franchise has announced its intention to sue the Canadian Broadcasting Corporation alleging the network aired a program falsely claiming the company’s chicken contains around 50 percent soy. The CBC refuses to retract its claim or apologize
Ask any Australian about power shortages, and expect a very sincere groan. We export vast amounts of gas, coal, etc., and we’re worrying about whole states blacking out. This is a true cluster of mistakes.
Volkswagen's powerful ex-chairman Ferdinand Piech, credited with its rise from the brink of bankruptcy to world leader status, is in talks to sell his stake in the group, its holding company said Friday.The 79-year-old owns 14.
Hong Kong -
Asian markets rallied and the dollar sank Thursday after the Federal Reserve lifted US interest rates but gave a more dovish outlook for future hikes, while the euro was also boosted by the expected victory of the incumbent party in Dutch elections.
Iceland's economy is booming and may overheat but there will be no repeat of the crash that plunged the country into a major financial crisis in 2008, central bank governor Mar Gudmundsson told AFP in an interview.
President Donald Trump proposed drastic cuts in spending on the arts, science, foreign aid and environmental protection Thursday, in a security-focused budget blueprint that could struggle to pass Congress.