Economy

Shares in drugmaker Shire jump on buyout interest by Takeda

Mar 28, 2018

Shares in Irish drugmaker Shire Plc are up sharply after Japanese rival Takeda said it is considering making a takeover offer for the company

The Latest: New Zealand faulted for not expelling Russians

Mar 28, 2018

New Zealand is facing criticism for not expelling any Russian diplomats or spies after many of its allies said they would do so in solidarity with Britain after a former spy was attacked with nerve agent on British soil

Stocks recover as trade tensions ease amid compromise hopes

Mar 26, 2018

Stocks recovered their poise Monday after a stormy week, as investors sensed that a trade war between the U.S. and China could be averted.

New Zealand's central bank to weigh employment in decisions

Mar 26, 2018

New Zealand central bank to consider employment and inflation when setting interest rates, other monetary policy

Trump tariffs undermine trust in rules-based global commerce

Mar 23, 2018

The Trump administration's move to impose tariffs on China and key trading partners undermines the rules-based system of global commerce embodied and overseen by the World Trade Organization

World markets roiled by fears of US-China trade war

Mar 23, 2018

Fears of a trade war are roiling financial markets Friday, with stocks under pressure around the world and the dollar in retreat.

Bank of England signals it could hike rates in May

Mar 22, 2018

The Bank of England have kept interest rates unchanged but appeared to issue another broad hint that they may rise again in May in order to get inflation back to target

The Latest: Pound stays strong after UK rate hike hint

Mar 22, 2018

The British pound has remained firm after minutes to the Bank of England's rate-setting meeting kept the prospect of another rate hike in May on the table.

Global tourism predicted to slow after best year ever

Mar 22, 2018

The travel and tourism sector is set to experience a slowdown in 2018 as a result of higher oil prices, a year after it experienced its best year on record, according to a leading global industry forum

Struggling UK retailers hoping squeeze on incomes ending

Mar 21, 2018

As British retailers struggle, hopes are that Brexit-fueled squeeze on households' incomes is easing

Financial Markets

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