WORLD BUSINESS & ECONOMY
Germany narrowly escapes recession after flat growth in the fourth quarter
Germany has narrowly avoided a technical recession after it posted flat growth in the fourth quarter, raising concerns that Europe's…
U.S. group says Trump trade tariffs cost businesses $2.7 billion in November
U.S. businesses paid an additional $2.7 billion in tariffs in November 2018, according to data from a coalition of U.S.…
Top U.S. officials arrive in China for trade talks as deadline looms
Top U.S. officials arrived in the Chinese capital on Tuesday ahead of high-level trade talks as the world’s two largest…
Bank of England sees weakest UK outlook since 2009 on Brexit, global slowdown
The Bank of England said Britain faced its weakest economic growth in 10 years in 2019, blaming mounting Brexit uncertainty…
EU slashes euro zone growth outlook, expects inflation to slow
The European Commission sharply cut on Thursday its forecasts for euro zone economic growth this year and next because it…
EU blocks Alstom-Siemens rail merger due to ‘serious competition concerns’
The European Union blocked the rail deal between Alstom and Siemens on Wednesday, citing competition concerns. The merger proposal between…
