Trade war risk to dominate BRICS summit in S AfricaLeaders of the BRICS emerging economies -- Brazil, Russia, India, China and South Africa -- will meet in Johannesburg this week, with the threat of a worsening global trade war topping the agenda. US...
Zimbabwe economy desperate for election turn-aroundZimbabwean factory manager Sifelani Jabangwe is a survivor of the Mugabe years, overseeing a company that stayed in business through hyperinflation, the national currency being abandoned and an exodus...
Rising oil revenues lift outlook for Gulf finances but not growthRising oil revenues are greatly improving the outlook for budget and trade balances among Gulf Arab countries but will do very little to boost economic growth, a quarterly Reuters poll of economists s...
Google parent Alphabet sees record highs despite EU fineGoogle parent Alphabet shares lifted Monday on a stronger-than-expected earnings report for the past quarter, as the tech giant's results eased concerns over huge fines imposed by the European Union f...
Stimulus measures push Chinese shares higherChinese stocks jumped on Tuesday after the government signalled it would shift to a looser fiscal policy to shield the world's second-largest economy from the worsening trade row with Washington. Afte...
Britain proposes tougher foreign takeover rules to protect national securityBritain is planning the biggest change to takeover rules in almost two decades giving the government new powers to block deals in all sectors of the economy to prevent homegrown companies in sensitive...