Business
Latest stories
First EU-Egypt summit to focus on economic ties, migration and Gaza

Egypt and the European Union will hold their first summit on Wednesday in Brussels where leaders will discuss security, trade and migration as well as stability in Gaza.

Egyptian President Abdel-Fattah el-Sissi, European Commission President Ursula von der Leyen and European Council President António Costa are expected to announce increased European economic assistance to Egypt and Egypt's admission to the EU's Horizons research incubation program, a 175 billion euro (about $202.7 billion) fund for scientific research and innovation in fields from quantum technology to the space industry.

W140 Full Story
US stocks drift near their records as gold's price falls again

Stocks are drifting near their record heights on Wall Street Wednesday, while the price of gold falls again to trim more off its tremendous gain for the year.

W140 Full Story
Coca-Cola sees third-quarter revenue rise on higher prices

The Coca-Cola Co. said Tuesday its third-quarter revenue rose largely due to higher prices.

W140 Full Story
Asian markets extend gains with Chinese shares up more than 1% after Wall Street rally

Asian markets advanced on Tuesday, with Japan's benchmark creeping closer to the symbolically important 50,000 level for the first time as lawmakers chose conservative hardliner Sanae Takaichi to become the country's first female prime minister.

The Nikkei 225 in Tokyo gave up earlier, bigger gains after Takaichi prevailed in a vote in Japan's parliament, rising just 0.3% to 49,316.06. She is expected to support market-friendly policies such as low interest rates and more government spending.

W140 Full Story
Trump is going to Asia — what happens next is anyone's guess

President Donald Trump is expected to leave for Asia at the end of the week, betting that an around-the-world journey will help him untangle big issues that he can't afford to get wrong.

At stake is nothing less than the future of the global economy, which could hinge on whether he's able to calm trade tensions during an expected meeting with Chinese leader Xi Jinping. A misstep could send shock waves through American industries that have already been rattled by Trump's aggressive tariffs, government layoffs and political brinkmanship.

W140 Full Story
US and Australia sign critical-minerals agreement to counter China

President Donald Trump and Australian Prime Minister Anthony Albanese signed a critical-minerals deal at the White House on Monday as the U.S. eyes the continent's rich rare-earth resources at a time when China is imposing tougher rules on exporting its own critical minerals abroad.

The two leaders described the agreement as an $8.5 billion deal between the allies. Trump said it had been negotiated over several months.

W140 Full Story
Trump says US can buy Argentinian beef to bring down prices for American consumers

President Donald Trump said Sunday that the United States could purchase Argentinian beef in an attempt to bring down prices for American consumers.

"We would buy some beef from Argentina," he told reporters aboard Air Force One during a flight from Florida to Washington. "If we do that, that will bring our beef prices down."

W140 Full Story
Lebanon says economy turning page but reforms needed

Lebanon's economy minister has said that the country was turning the page to growth after years of crisis but called for greater reforms.

Lebanon expects five percent growth this year, the highest since 2011, Economy Minister Amer Bisat said Thursday as he attended fall meetings of the International Monetary Fund and World Bank.

W140 Full Story
India to stop buying Russian oil under US pressure, Trump says

India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump over its imports of discounted Russian oil.

Trump said Wednesday that Indian Prime Minister Narendra Modi had personally assured him his country would stop buying Russian oil, in a move that might add to pressure on Moscow to negotiate an end to the war in Ukraine.

W140 Full Story
US stocks drift higher, led by Nvidia and other tech companies

U.S. stock indexes are ticking higher on Thursday following an encouraging signal for the artificial-intelligence boom.

The S&P 500 rose 0.3%, though trading has been erratic this week, and stocks have repeatedly swung between gains and losses. The Dow Jones Industrial Average was up 116 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.5% higher.

W140 Full Story