Pakistan’s new government will open talks with the International Monetary Fund for emergency financial assistance to ease a mounting balance of payments crisis, the finance ministry said Monday. New Prime Minister Imran Khan spent nearly two months since taking office looking for alternatives to a second IMF bailout in five …

China has praised investments Saudi Arabia intends to contribute to Chinese-funded massive infrastructure projects under construction in Pakistan, dispelling skepticism Islamabad was risking Beijing’s outrage by inviting a third party to a strictly bilateral deal. The ongoing massive project, known as the China-Pakistan Economic Corridor (CPEC), is the flagship enterprise …

Turkey’s hosting of a four-nation Syrian summit later this month is a diplomatic win for President Recep Tayyip Erdogan. With Syria’s reconstruction, a key item of the planned meeting of French, Russia and German leaders, Erdogan will be looking to strengthen Turkey’s hand in the predicted building bonanza. “It is …

American Airlines is telling employees to think twice before rebooking stranded customers on rival airlines, and regular economy-class passengers are the most likely to suffer when there are long delays or canceled flights. A new policy at American directs airport agents not to rebook economy passengers on competing airlines — …

The Royal Swedish Academy of Sciences has awarded this year’s Nobel Prize for economics to Yale University’s William Nordhaus and New York University’s Paul Romer. The Academy said Nordhaus and Romer “have designed methods for addressing some of our time’s most basic and pressing questions about how we create long-term …

For the first time, researchers have been able to track the amount of Chinese investment in Australia.  From the purchase of large cattle properties to residential real estate, the scope of Chinese money has led to fraught discussions about the scale of foreign influence in Australia. The results of the …

On a summer Saturday, the St. Paul Farmers Market buzzed with customers loading up on fresh fruits and vegetables or discussing the merits of buffalo meat. “It feels like a family here, like a big family with all the growers, and feels like a big family with all the customers. …

American labor unions are increasingly skeptical that President Donald Trump’s tariffs on products like imported Chinese steel will significantly increase manufacturing jobs, wages and conditions for workers. At the Bull Moose Tube steel piping factory in the southern state of Georgia, 56 United Steel Workers (USW) union members have been …

American labor unions are increasingly skeptical that President Donald Trump’s tariffs on countries like China will significantly increase manufacturing jobs, wages and conditions for workers in the U.S. The president began to impose 25 percent tariffs on imported steel and 10 percent on aluminum in March. Since then, metal prices …

Many shoppers believe there is no better place to buy fruits and vegetables than a farmers’ market. St. Paul Farmers’ Market in St. Paul, Minnesota, has been providing fresh vegetables for local shoppers for more than 150 years. These days the market is thriving with a diverse mix of immigrants …

Last-minute changes to a new North American trade deal sank U.S. hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a top Mexican official said on Friday. The revised pact was set to double the value of goods that could be …

U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions. The Labor Department’s closely watched monthly employment report on Friday also showed …

Russian President Vladimir Putin on Wednesday strongly defended a prospective Russia-Germany natural gas pipeline as economically feasible and voiced hope that European Union nations will be able to resist U.S. pressure to thwart the project. U.S. officials have warned that Washington could impose sanctions on the undersea Nord Stream 2 …

Seven-year-old Ryan drew millions of views reviewing toys on YouTube. Now, he’s become a toy himself. Walmart is selling action figures in his likeness, putty with his face on the packaging and other toys under the Ryan’s World brand. It’s a bet that kids, who are spending more time tapping …

China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current …

Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal that was unveiled this week. In late May, the Trump administration announced tariffs of 25 percent on steel imports and 10 percent on aluminum imports, prompting …

Palu, the Indonesian city devastated by an earthquake, tsunamis and mudslides, has strived to transform itself into a major trading hub, but the city’s buildings and other infrastructure were no match for the triple whammy that has left more than 1,200 people dead.  The disasters that struck late Friday left …

Takako Arai’s earliest memories are of Tsukiji, playing hide-and-seek with her brother in the concrete maze of Tokyo’s sprawling fish market. Years later, she now runs the family’s seafood stall that sells mackerel and yellowfin tuna. Arai and hundreds of other fish traders are reluctantly packing up and preparing to …

Anglo-Dutch giant Unilever topped a list on Tuesday ranking how well food and drink companies tackle the risk of forced labor in their supply chains, ahead of Kellogg Company and Coca-Cola. Most of the 38 companies assessed in a study by KnowTheChain, an online resource for business, had improved their …

Simply pumping money into anti-trafficking efforts will not achieve a global goal of ending modern slavery by 2030, experts said on Tuesday, urging greater cooperation between governments, companies and charities to raise awareness and take more action. Countries should not solely focus on funding but strive to better share information …

With his political future at stake, Canadian Prime Minister Justin Trudeau will mount a charm offensive to placate dairy farmers who say he sold them out in order to win approval of a continental trade deal. Compounding Trudeau’s challenges in the influential province of Quebec, where many dairy farmers are …

President Donald Trump used questionable tax dodges and outright fraud to greatly increase his fortune that started with money from his parents, The New York Times reported Tuesday. Trump likes to portray himself as a self-made man, saying he stared with a relatively modest $1 million loan from his father …

Federal Reserve Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank’s current gradual approach to raising interest rates. Powell said the combination of steady, low inflation and very low unemployment shows the country is going through “extraordinary times.” The central bank is trying to …

Can ex-convicts completely turn their lives around? A program called “Homeboy Industries” believes so. It provides training, classes and support to former gang members and people just out of prison. The aim: make them productive citizens and leave a life of crime behind. Angelina Bagdasaryan has the story. …

Tesla announced record quarterly car production numbers on Tuesday but warned it was facing major problems with selling cars in China due to new tariffs that will force it to accelerate investment in its factory in Shanghai. The California-based electric carmaker, emerging from several months of turmoil around its Chief …