IMF chief Christine Lagarde said Wednesday that she had been reassured by her first meetings with members of the new administration of US President Donald Trump, whose economic programme has caused global jitters.
US central bankers say they may need to increase the key lending rate “fairly soon,” but are concerned about the uncertainty of President Donald Trump’s tax and spending policies, according to the minutes of their last meeting published Wednesday.
US sales of existing homes rose again in January to hit their fastest pace in nearly a decade despite rising prices and mortgage rates, according to data released Wednesday.
European airplane maker Airbus said Wednesday that its profits nosedived last year as charges related to problems with its A400M military cargo transport plane sent earnings into a tailspin.
South Africa’s finance minister warned Wednesday of “growing impatience and ferment” over post-apartheid inequality and slow growth as he presented a budget that raised taxes on the wealthy.
The head of the EU’s bailout fund voiced confidence Wednesday that Greece would not require a new aid package in 2018 after its current international rescue programme runs out.
The French government on Tuesday ordered the slaughter of the last 600,000 ducks in a bird flu-hit southwest region at the forefront of the foie gras industry.
Two of the world’s top mining firms returned to profit with a bang on recovering iron ore and coal prices, higher output, cost cutting and asset sales, results showed Tuesday.
The eurozone economy grew at its fastest pace in six years in February, as all signs pointed to the recovery maintaining “strong momentum,” a closely watched surved showed Tuesday.
Legislators for financially strapped Rio de Janeiro state voted Monday to approve privatization of the public water utility despite a strike by workers and threats of protests.
South African retail firms Steinhoff International and Shoprite Holdings announced Monday they had scrapped plans to merge their local assets to form the continent’s biggest retailer.