World Busines and Finance news

WASHINGTON — The economy sank at a 5.7 percent pace in the first quarter as the brute force of the recession carried over into […]

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China’s growth prospects have improved from three months ago, even after accounting for drops in steel and electricity output and the risk of a […]

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A flood of inexpensive Chinese-made herbicide and deep price cuts by its rivals are leading Monsanto to cut profit expectations for its best-selling Roundup […]

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Malaysia’s government said the economy may shrink as much as 5 percent this year, slashing its forecast as the nation nears its first recession […]

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Malaysia’s economy contracted for the first time since 2001 last quarter as exports slumped, pushing the nation toward its first recession in a decade. […]

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Morgan Stanley’s David Miles beat 71 other applicants for the job on the Bank of England’s Monetary Policy Committee which David Blanchflower will vacate […]

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Singapore’s consumer prices fell for the first time since June 2005 last month as transport and housing costs dropped amid the deepest recession in […]

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Saudi Arabian oil minister Ali al- Naimi said the price of oil will climb to $75 a barrel when demand picks up.
“We’ll get […]

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West Virginia, Ohio and Rhode Island showed the biggest increases in unemployment in April as the worst job slump in the post-World War II […]

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Paula Daigneau makes $18.60 an hour directing traffic for the repaving of Main Road in Tiverton, a town of 15,000 in eastern Rhode Island. […]

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