Sri Lanka says it struck a deal with creditors on debt restructuring to clear way for IMF funds
Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring
2023-11-29 22:23
US economic growth for last quarter is revised up to a 5.2% annual rate
Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government reported in an upgrade from its previous estimate
2023-11-29 21:57
Pakistan acquits ex-Premier Nawaz Sharif in a graft case. He's now closer to running in elections
A Pakistani court has acquitted former Prime Minister Nawaz Sharif in a graft case, removing a major obstacle for him to run in parliamentary elections in February
2023-11-29 21:51
Argentina's president-elect announces his pick for economy minister
Argentina’s President-elect Javier Milei says he's chosen Luis Caputo, a former finance minister and Central Bank chief who is known as an expert in markets, to lead the Economy Ministry when the right-wing leader takes office on Dec. 10
2023-11-29 20:51
Edmunds tests the best automotive hands-free driving systems
Hands-free driver assistance technology has seemingly gone from a sci-fi fantasy to everyday driving reality in a very short time
2023-11-29 20:16
GM says pretax earnings took $1.1B hit from autoworkers strike, but says it can absorb costs of deal
General Motors says pretax earnings took a $1.1 billion hit this year from a six-week strike by autoworkers, but the company expects to absorb the costs of a new contract and is even raising its dividend
2023-11-29 19:50
Emirati-designated COP28 leader forcefully denies report UAE wanted to seek oil deals in summit
The Emirati president-designate for the upcoming United Nations COP28 climate talks has forcefully denied a report alleging his nation planned to use the summit to strike oil and gas deal, a day before the summit was due to being
2023-11-29 19:28
The world economy will slow next year because of inflation, high rates and war, OECD says
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
2023-11-29 18:24
Sweden's economy shrinks in the third quarter to signal that a recession may have hit the country
Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country
2023-11-29 17:51
Toyota selling part of Denso stake to raise cash to develop electric vehicles
Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations
2023-11-29 16:53
Stock market today: Asian shares mostly fall after Wall Street rallies
Asian shares are mostly lower although a strong report on U.S. consumer confidence and hopes the Federal Reserve is finished with its aggressive interest rate hikes sent shares higher on Wall Street
2023-11-29 15:18
New Zealand leader plans to ban cellphone use in schools and end tobacco controls in first 100 days
New Zealand’s new prime minister plans to ban cellphone use in schools and repeal tobacco controls in the agenda for his first three months in office
2023-11-29 14:56