Economy

California utility shares rise as regulator calms investors

Nov 16, 2018

Shares of Pacific Gas & Electric Co. soared Friday after California's top utility regulator said his agency will help the company deal with potentially crippling liability costs from wildfires

Allies rally to UK's May amid leadership woes over Brexit

Nov 16, 2018

British Prime Minister Theresa May has won support for her beleaguered Brexit deal from key politicians and business groups, but remained besieged by internal party opponents determined to oust her

Brexit, Italy, trade: Risks piling up for Europe's economy

Nov 16, 2018

Europe's long-running economic rebound is facing a mid-life crisis as it copes with worries including a potential debt explosion in Italy, an escalating US-China trade war and a potentially disruptive British exit from the European Union

Retailers, tech companies weigh on US stocks; Oil prices up

Nov 16, 2018

U.S. stock indexes are down in midday trading as losses in retailers and internet and technology companies outweigh gains elsewhere in the market

Philippines' Duterte to cut short APEC trip, officials say

Nov 16, 2018

Philippine President Rodrigo Duterte will cut short his participation in the Asia Pacific Economic Cooperation forum in Papua New Guinea just days after coming under criticism for skipping some regional meetings in Singapore

French minister warns of new Cold War from US/China tensions

Nov 16, 2018

French Finance Minister Bruno Le Maire warned that the trade dispute between the United States and China could escalate into a fresh Cold War.

The Latest: Landmark change to kilogram approved

Nov 16, 2018

The so-called "Grand K" kilogram, a cylinder of polished platinum-iridium alloy that has been the world's sole true kilo since 1889, is to be retired

Hong Kong economy cools as trade tension mounts

Nov 16, 2018

Hong Kong's economic growth slows to 2-year low as US-Chinese trade tension mounts

Draghi: eurozone economy 'resilient' despite trade slowdown

Nov 16, 2018

European Central Bank head Mario Draghi says that slowing trade is proving to be a drag on the eurozone economy but says the expansion remains "resilient" as consumers at home remain willing to spend and unemployment falls

The Latest: Treasury hits 17 Saudis with economic sanctions

Nov 15, 2018

U.S. Treasury Department adding economic sanctions to the travel bans already in place against 17 Saudis accused of taking part in the October slaying of writer Jamal Khashoggi

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