WORLD BUSINESS & ECONOMY

Anger, despair in Zimbabwe as receding economy shatters Zimbabwe’s post-Mugabe prosperity hopes

Hopes of an economic revival in Zimbabwe lie in tatters 14 months after President Emmerson Mnangagwa took office, as the…

Shutdown bites economy as Democrats reject Trump invitation to talk

The U.S. economy is taking a larger-than-expected hit from the partial government shutdown, White House estimates showed on Tuesday, as…

Euro zone economy weaker than expected: ECB’s Draghi  

The euro zone’s economy is weakening more than expected and still needs “significant” support from the European Central Bank, ECB…

Wall Street drops after China data, Citi results

U.S. stocks slipped on Monday, dragged down by technology shares, after an unexpected drop in China’s exports in December fanned…

PG&E prepares bankruptcy filing after California wildfires

PG&E Corp, owner of the biggest U.S. power utility by number of customers, said on Monday it is preparing to…

EU Trade chief will continue talks with U.S.’s Lighthizer

The European Union’s trade chief, Cecilia Malmstrom, will continue talks with her U.S. counterpart on Thursday, after the two met earlier…