During Andres Manuel Lopez Obrador’s successful campaign for the Mexican presidency, his advisers met representatives of dozens of investment funds to allay fears about the leftist’s plans, saying he prized economic stability and wanted to attract foreign capital. Initially, it worked. When Lopez Obrador won office by a landslide on …

It may be the world’s sixth largest, but most other things about India’s economy are up for debate. The ruling Bharatiya Janata Party (BJP) is under fire for the release of new historical GDP figures that significantly downgraded growth during the years the opposition Congress party was in power, replacing …

Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said. Investigators are looking into the activities of two unnamed Deutsche Bank employees alleged to have helped clients set up offshore …

U.S. President Donald Trump said Wednesday that new auto tariffs were “being studied now,” asserting they could prevent job cuts such as the U.S. layoffs and plant closures that General Motors Co. announced this week.    Trump said on Twitter that the 25 percent tariff placed on imported pickup trucks …

Federal Reserve Chair Jerome Powell boosted U.S. stock markets on Wednesday when he said interest rates were “just below” estimates of a level that neither brakes nor boosts a healthy economy. Many took his comments as a signal that the Fed’s three-year tightening cycle is ending.  The S&P 500 and Dow …

U.S. President Donald Trump touted the use of U.S. tariffs on foreign small trucks Wednesday, saying their placement on other foreign vehicles would have prevented the closure of several General Motors plants and the loss of thousands of coveted manufacturing jobs. Trump noted on Twitter that brisk U.S. small truck …

U.S. Federal Reserve Chair Jerome Powell said on Wednesday that while there was “a great deal to like” about U.S. prospects, the Fed’s gradual interest rate hikes are meant to balance risks as it tries to keep the economy on track. “We know that things often turn out to be …

An airport worker drops by Warsaw’s newest Ikea store during her lunch break to finish up plans for a home refurbishment. Around her, people drift in and out of the shop, placing small houseware items in big yellow bags as cafe tables fill up with people just stopping in for …

This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Norway has built the world’s biggest salmon-farming industry. But it wants to go bigger. With their lucrative oil fields now in decline, Norwegians have ambitious plans for …

President Donald Trump and China’s leader Xi Jinping will meet to discuss trade issues on the sidelines of the G20 Summit in Buenos Aires this week. The head of the U.S. National Economic Council says there’s a good possibility a deal can be achieved to cool down the ongoing U.S.– …

U.S. President Donald Trump on Tuesday kept up his criticism of Federal Reserve Chairman Jerome Powell, saying rising interest rates and other Fed policies were damaging the U.S. economy, the Washington Post said. “So far, I’m not even a little bit happy with my selection of Jay,” the Post quoted …

To hear President Donald Trump tell it, he was made for a moment like this: A high-stakes face-off. A ticking clock. A cagey adversary.   The man who calls himself a supreme dealmaker will have the opportunity this week to put himself to the test. The question is whether he …

U.S. President Donald Trump threatened on Tuesday to cut subsidies for General Motors after the largest U.S. automaker said it would halt production at five plants in North America and cut nearly 15,000 jobs. “The U.S. saved General Motors, and this is the THANKS we get! We are now looking …

U.S. President Donald Trump and Chinese President Xi Jinping could reach a new trade deal between the world’s two largest economies when they meet in Argentina this weekend, White House economic adviser Larry Kudlow said Tuesday. “The president said there is a good possibility that we can make a deal …

British and Dutch regulators have fined ride-hailing company Uber $1.2 million for what it said were inadequate security measures that left personal data at risk for a cyber attack. The fines are linked to a 2016 hack of Uber data that allowed attackers to download information about 32 million users, …

Fishing communities along Africa’s coastline are at a greater risk of extinction as countries eye oceans for tourism, industrial fishing and exploration revenue to jumpstart their “blue economies,” U.N. experts and activists said on Monday. The continent’s 38 coastal and island states have in recent years moved to tap ocean …

Apple is launching a new program designed to address the technology industry’s scarcity of women in executive and computer programming jobs.   Under the initiative announced Monday, female entrepreneurs and programmers will attend two-week tutorial sessions at the company’s Cupertino, California, headquarters.   The camps will be held every three …

United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company’s announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more efficient and focused as smaller, separate entities. “Our decision …

Argentina is on the verge of signing a deal with the United States that would allow two-way trade of fresh beef for the first time in nearly two decades, the South American country’s international trade secretary, Marisa Bircher, said. The agreement, expected to be signed within days, would simultaneously open …

Brazilian construction company Odebrecht is close to reaching a final settlement with Peruvian prosecutors over their investigation into bribes paid by Odebrecht for public works contracts in Peru, a prosecutor said on Monday. Odebrecht has admitted to paying about $30 million in bribes to win contracts in the South American …

By 2090, days when it is too hot or too smoggy to work will cost the U.S. economy up to $155 billion each year in lost productivity. That’s one economic impact cited in the National Climate Assessment released Friday by 13 U.S. federal agencies. “Without substantial and sustained global mitigation …

U.S. President Donald Trump said on Monday the agreement allowing the United Kingdom to leave the European Union may make trade between Washington and London more difficult, but the U.K. prime minister’s office disputed his interpretation. Trump told reporters outside the White House that the deal sounded like it would …

Both U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau are expressing disappointment with General Motors’ announcement it is slashing 15 percent of its salaried workforce and halting production at five facilities across North America, “We don’t like it,” Trump said. “I believe they will be opening up something …

This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Greyhound Bay was once a place where old ships came to die. A wild stretch of coast on the western edge of the Sahara, its shallows made …

Pope Francis says the “sickness of consumerism” is the enemy of generosity as he called for the faithful to give a little something to the poor.   Francis made the comments during his morning homily Monday, so-called Cyber Monday when online retailers woo shoppers with bargains ahead of Christmas.   …