World
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Hiring by US private employers slowed further in September, suggesting that trade tensions, which have pressured manufacturing, could be spilling over to the labour market. The ADP National Employment Report on Wednesday also showed private
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General Motors on Wednesday reported higher third-quarter US auto sales and lower car inventories as it contends with an auto worker strike now in its third week. The biggest US automaker sold 738,638 autos in
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President Emmerson Mnangagwa on Tuesday acknowledged the economic hardships Zimbabweans are suffering and pleaded for patience to allow his government to fix the country's rapidly deteriorating economy. Zimbabwe's economy has been badly suffering for two
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Industrial production in Brazil rose in August at its fastest pace in more than a year, official figures on Tuesday showed, a sign that Latin America's largest economy may slowly be turning a corner after
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Package delivery giant UPS said Tuesday it became the first company to obtain US regulatory approval to operate a "drone airline" and would expand its airborne operations in healthcare and other sectors. UPS said it
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Britain launched an investigation on Tuesday into the auditors who signed off on accounts for the now-bankrupt holiday giant Thomas Cook, as the company's French branch went into receivership and its Belgian division collapsed. The
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The auto workers strike at General Motors, now in its third week, has cost the carmaker about $1 billion so far, according to a report released Tuesday. The strike, launched last month by the United
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German carmaker Opel said Tuesday it would slash hours for workers at its main factory, highlighting a car industry hit by falling demand and a challenging technological transformation. Peugeot subsidiary Opel "has registered reduced hours
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Germany's manufacturing recession deepened in September with factories recording their weakest performance since the world financial crisis a decade ago, a survey showed on Tuesday. The bleak manufacturing figures from IHS Markit's Purchasing Managers' Index
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Europe is not blameless in the trade tensions casting a pall over the global economy, German Chancellor Angela Merkel said, mentioning the lengthening Brexit negotiations as a source of uncertainty to stand beside the United
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