UK government extends freeport tax breaks to bolster economy
The UK Chancellor of the Exchequer, Jeremy Hunt, has announced an extension to the tax breaks for freeports as part...
Economy
Philippine central bank stays on hold, maintains hawkish tone
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) - The Philippine central bank kept its policy rate steady at...
A winning, 3-part spending cut strategy for Republicans
Can Republicans finally find a strategy to cut spending and kickstart the economy? That’s the question now that the House...
Last week Moody’s gave a shock to the U.S. Will it deliver a jolt to Italy?
Italy’s sovereign credit rating is due for a review by Moody’s Investors Service on Friday, with the possibility that the...
UAW members ratify labor deal with Mack Trucks
(Reuters) -The United Auto Workers (UAW) union on Wednesday said about 3,900 members representing Volvo (OTC:) Group-owned Mack Trucks ratified...
Biden touts ‘constructive and productive’ meeting with Xi — and will ‘trust, but verify’
President Joe Biden on Wednesday hailed what he said was a “constructive and productive” meeting with Chinese President Xi Jinping,...
Soft landing still in play as Fed rate cuts will go ‘well beyond’ expectations: MS
Investing.com -- The Federal Reserve's higher for longer rate regime will be followed up by a series of rate cuts starting...
Senate passes bill to avert government shutdown, sending it to Biden to get signed into law
The Democratic-run Senate has approved a short-term funding measure that prevents a partial government shutdown from hitting this weekend, with...
Yellen calls on APEC finance ministers to boost growth potential sustainably
By David Lawder SAN FRANCISCO (Reuters) -U.S. Treasury Secretary Janet Yellen called on Pacific Rim finance ministers on Monday to...
Chinese graduates hold off career dreams, take temporary government jobs
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) - Having failed to find his dream job at a Chinese...
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