Business
Latest stories
IMF says open to discussions on new Lebanon deal

The International Monetary Fund said Tuesday it is open to a new loan agreement with Lebanon following discussions with its recently-appointed finance minister.

W140 Full Story
Wall Street flirts with a record as indexes drift

Wall Street is flirting with a record again as U.S. stock indexes creep higher on Tuesday.

The S&P 500 was up 0.1% in early trading and just above its all-time closing high set last month. The Dow Jones Industrial Average was down 59 points, or 0.2%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.3% higher.

W140 Full Story
Japan economy grows more than expected on strong exports, moderate consumption

Japan's economy grew at a better-than-expected annual rate of 2.8% in October-December, underlined by steady exports and moderate consumption.

On a quarter-to-quarter basis, the world's fourth largest economy grew 0.7% for its third straight quarter of growth, the Cabinet Office reported Monday in its preliminary data.

W140 Full Story
In Ukraine, potential arms-for-minerals deal inspires hope and skepticism

The mineral ilmenite is extracted from mounds of sand deep in the earth and refined using a method that summons the force of gravity, resulting in a substance that glimmers like a moonlit sky.

Ukraine boasts vast reserves of ilmenite — a key element used to produce titanium — in the heavy mineral sands that stretch for miles along the country's embattled east.

W140 Full Story
Global benchmarks trade mixed as investors continue to eye Trump

Global shares traded mixed on Monday as investors continued to watch economic data and policy moves from U.S. President Donald Trump, as both are likely to impact upcoming central bank moves.

France's CAC 40 dipped nearly 0.1% in early trading to 8,171.59, while Germany's DAX added 0.4% to 22,560.00. Britain's FTSE 100 edged up 0.1% to 8,742.97.

W140 Full Story
China's Xi promises policy stability at meeting with business leaders

China's President Xi Jinping met with private sector business leaders on Monday, offering them assurances that policies regarding the private sector would not change, state media reported, as government officials work to revive an economy disrupted by a pandemic, regulatory crackdowns and a real estate crisis.

Among those present was Alibaba founder Jack Ma, who was part of a focus on a crackdown on the tech industry in recent years.

W140 Full Story
Five reasons why Germany's economy is in the dumps

Germany hasn't seen significant economic growth in five years. It's a stunning turnaround for Europe's biggest economy, which for much of this century had expanded exports and dominated world trade in engineered products like industrial machinery and luxury cars.

So what happened?

W140 Full Story
US wants to access Ukraine minerals but offers almost nothing in return

Ukrainian President Volodymyr Zelensky says he directed his ministers not to sign off on a proposed agreement to give the United States access to Ukraine's rare earth minerals because the document was too focused on U.S. interests.

The proposal, which was a key part of Zelensky's talks with U.S. Vice President JD Vance on the sidelines of the Munich Security Conference on Friday, did not offer any specific security guarantees in return, according to one current and one former senior Ukrainian official familiar with the talks.

W140 Full Story
Jaber to Arabs: Lebanon to become state of law

Finance Minister Yassine Jaber on Wednesday thanked Speaker Nabih Berri for backing his nomination to the post and President Joseph Aoun and PM Nawaf Salam for their “confidence.”

W140 Full Story
Japan asks US to exclude it from 25% steel and aluminum tariffs

Japan 's government said Wednesday it asked the U.S. to exclude it from 25% steel and aluminum tariffs, a change from duty-free quotas that Tokyo was given previously.

Japan made the request through its embassy in Washington after U.S. President Donald Trump removed the exceptions and exemptions from his 2018 tariffs on steel imports to a minimum of 25%, while hiking aluminum tariffs to 25% from 10%.

W140 Full Story