Economy

Kenyan President William Ruto has signed a $60 million dollar grant agreement with the U.S. Millennium Challenge Corporation on the sidelines of the U.N. General Assembly session in New York. The grant will help improve urban transport in…
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The leaders of Nigeria and South Africa held talks Monday on the sidelines of the U.N. General Assembly in New York, with the goal of increasing cooperation, especially in mining and telecommunications. Experts say more cooperation…
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Tourism industry watchers say one of the top overseas destinations for US travelers this summer was Britain, where Americans helped the recovery of the British tourism industry after the crisis caused by the COVID pandemic. Marcus Harton…
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The United Auto Workers’ strike against the three biggest U.S. automakers reached into its third day on Sunday with no resolution in sight, although union negotiations with General Motors were set to resume. About 12,700 UAW workers were…
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Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes. "Recently, public security organs took criminal compulsory…
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Farmers say extreme temperatures caused a huge drop in the output of olive oil in Spain, the world’s largest producer, triggering a big jump in world olive oil prices. Elizabeth Cherneff narrates this report from Alfonso Beato in Barcelona,…
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Police in southern China have detained some staff at China Evergrande Group's wealth management unit, suggesting a new investigation that could add to the property giant's woes. "Recently, public security organs took criminal compulsory…
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Nearly one in 10 of America’s unionized auto workers went on strike Friday to pressure Detroit’s three automakers into raising wages in an era of big profits and as the industry begins a costly transition from gas guzzlers to electric…
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U.S. President Joe Biden called on the nation’s big three automakers Friday to more fairly share the record profits they have seen in recent years, on the first day of a strike involving 13,000 members of the United Auto Workers. The…
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China's factories picked up their pace and retail sales also gained momentum in August, the government reported Friday, suggesting the economy may be gradually recovering from its post-pandemic malaise. However, despite busy activity in…
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