Finance

BERLIN - Germany’s Foreign Minister hinted his country is unlikely to kowtow to the sweeping US sanctions against the embattled gas pipeline project, which he called an affront to…
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Walking away from its long-term relationship that goes back to those pre-Internet, pre-everything days, the United States government has legislated to list Huawei Technologies Company…
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MOSCOW - The US’ decision to remove sanctions exemption for the two pipelines under construction to deliver gas to Europe and Turkey is a textbook example of unfair competition through…
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WASHINGTON, D.C. - The United States announced it will do "everything it can" to support China’s rivals in territorial disputes, setting a one-size-fits-all, openly hostile policy…
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Geneva, Switzerland - Global working hours are expected to have plummeted by 14 percent in the second quarter of 2020 as a result of the COVID-19 pandemic lockdown, according to the…
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LONDON - Chancellor Rishi Sunak urged Britain to “eat out to help out” in a bid to boost the economy as it emerges from a lockdown slump. The chancellor said he was “worried about a…
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BERLIN/WASHINGTON, D.C. - German Chancellor Angela Merkel said on Wednesday that proposed US sanctions against the Nord Stream 2 natural gas pipeline from the Russain Federation were…
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LONDON - Homelessness in the UK will triple in 2020 if measures aren't introduced to protect tenants who can’t pay their rent, warned housing campaign group Generation Rent. The…
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WASHINGTON, D.C. - The June jobs report may be the last piece of good news for the economy this summer as surging coronavirus cases threaten to dampen the burgeoning recovery. The US is…
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LONDON - The UK's manufacturing sector will be unable to return to levels of growth seen before the lockdown until at least 2022, a new report predicted. As lockdowns got enforced…
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Geneva, Switzerland - A new survey conducted by the International Trade Center (ITC) found that international trade dropped across all four quarters of 2019, with declines intensifying…
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A new divide is opening up between the “haves” and the “have nots” – this time over COVID-19 testing. While private schools and big businesses have introduced testing for their pupils…
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